Howmet Aerospace Inc. $HWM Shares Bought by GoalVest Advisory LLC

Key Points

• GoalVest Advisory LLC increased its Howmet Aerospace stake by 35,684.9% in the third quarter, bringing its holdings to 26,123 shares valued at approximately $5.9 million. Institutional investors and hedge funds collectively own 90.46% of HWM.
• Analysts maintain a positive outlook, with the stock receiving a consensus “Moderate Buy” rating and an average price target of $314.84.
• Howmet reported quarterly revenue of $2.55 billion and earnings of $1.33 per share, beating estimates and marking 24.1% year-over-year revenue growth. The company also raised its quarterly dividend from $0.12 to $0.14 per share.

GoalVest Advisory LLC lifted its position in shares of Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 35,684.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 26,123 shares of the company's stock after purchasing an additional 26,050 shares during the period. GoalVest Advisory LLC's holdings in Howmet Aerospace were worth $5,909,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the company. BlackRock Inc. bought a new position in Howmet Aerospace during the second quarter worth $12,318,939,000. State Street Corp grew its position in shares of Howmet Aerospace by 3.3% in the second quarter. State Street Corp now owns 18,933,928 shares of the company's stock valued at $5,090,576,000 after purchasing an additional 612,866 shares during the last quarter. Bank of America Corp DE acquired a new position in shares of Howmet Aerospace in the second quarter valued at approximately $2,766,806,000. Jupiter Topco LLC bought a new position in shares of Howmet Aerospace during the second quarter worth approximately $2,065,086,000. Finally, Bank of New York Mellon Corp acquired a new stake in Howmet Aerospace during the 2nd quarter worth approximately $1,099,765,000. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have weighed in on HWM. Jefferies Financial Group reiterated a "buy" rating and set a $370.00 price objective on shares of Howmet Aerospace in a research report on Sunday, August 9th. TD Cowen lifted their price objective on shares of Howmet Aerospace from $300.00 to $320.00 and gave the stock a "buy" rating in a research note on Monday, July 13th. Sanford C. Bernstein raised their target price on shares of Howmet Aerospace from $318.00 to $328.00 and gave the stock an "outperform" rating in a report on Monday, August 24th. Royal Bank Of Canada lifted their price target on shares of Howmet Aerospace from $325.00 to $350.00 and gave the company an "outperform" rating in a research report on Friday, August 7th. Finally, Wall Street Zen downgraded Howmet Aerospace from a "strong-buy" rating to a "buy" rating in a research report on Sunday, July 5th. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $314.84.

Howmet Aerospace Price Performance

HWM traded up $2.96 during trading on Friday, hitting $231.34. 782,024 shares of the stock traded hands, compared to its average volume of 2,717,677. The business has a 50 day moving average price of $258.79 and a 200 day moving average price of $257.96. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.82 and a quick ratio of 0.87. Howmet Aerospace Inc. has a twelve month low of $183.83 and a twelve month high of $310.00. The company has a market cap of $92.56 billion, a price-to-earnings ratio of 49.83, a PEG ratio of 2.04 and a beta of 1.21.

Howmet Aerospace (NYSE:HWM - Get Free Report) last issued its earnings results on Thursday, August 6th. The company reported $1.33 earnings per share for the quarter, beating analysts' consensus estimates of $1.24 by $0.09. Howmet Aerospace had a return on equity of 33.91% and a net margin of 20.52%.The firm had revenue of $2.55 billion for the quarter, compared to the consensus estimate of $2.43 billion. During the same quarter last year, the business posted $0.91 EPS. The company's revenue was up 24.1% compared to the same quarter last year. Howmet Aerospace has set its Q3 2026 guidance at 1.340-1.360 EPS and its FY 2026 guidance at 5.230-5.310 EPS. Equities research analysts forecast that Howmet Aerospace Inc. will post 5.33 earnings per share for the current fiscal year.

Howmet Aerospace Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, August 25th. Stockholders of record on Friday, August 7th were paid a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date was Friday, August 7th. This is an increase from Howmet Aerospace's previous quarterly dividend of $0.12. Howmet Aerospace's dividend payout ratio is 12.07%.

About Howmet Aerospace

Howmet Aerospace Inc NYSE: HWM is an aerospace and industrial products company that develops and manufactures advanced engineered components and systems. Its products are used primarily in commercial and defense aircraft, aircraft engines, and other transportation and industrial applications.

The company's principal businesses include engine products, fastening systems, engineered structures, and forged wheels. Its offerings include forged and cast engine components, airfoils, titanium and nickel-based parts, aerospace structural components, specialized fasteners, and forged aluminum wheels for commercial transportation.

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