Howmet Aerospace Inc. $HWM Stock Holdings Increased by Envestnet Asset Management Inc.

Key Points

• Envestnet Asset Management increased its Howmet Aerospace stake by 2.5% in the second quarter, bringing its holdings to 669,540 shares valued at approximately $180 million. Institutional investors collectively own 90.46% of HWM.
• Analysts remain broadly bullish, with a consensus “Buy” rating and a $318 price target. Several firms recently raised their targets, including JPMorgan to $350 and Susquehanna to $340.
• Howmet reported stronger-than-expected quarterly results, with $1.33 in earnings per share and $2.55 billion in revenue, up 24.1% year over year. The company also raised its quarterly dividend to $0.14 from $0.12.

Envestnet Asset Management Inc. boosted its stake in shares of Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 2.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 669,540 shares of the company's stock after buying an additional 16,498 shares during the quarter. Envestnet Asset Management Inc. owned 0.17% of Howmet Aerospace worth $180,011,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Andra AP fonden lifted its stake in Howmet Aerospace by 12.7% in the 2nd quarter. Andra AP fonden now owns 61,272 shares of the company's stock valued at $16,474,000 after buying an additional 6,900 shares in the last quarter. State Street Corp increased its position in Howmet Aerospace by 3.3% during the second quarter. State Street Corp now owns 18,933,928 shares of the company's stock worth $5,090,576,000 after buying an additional 612,866 shares in the last quarter. Bullseye Investment Management LLC purchased a new position in Howmet Aerospace during the second quarter worth $134,000. Sequoia Financial Advisors LLC raised its holdings in shares of Howmet Aerospace by 44.1% in the second quarter. Sequoia Financial Advisors LLC now owns 21,778 shares of the company's stock worth $5,855,000 after acquiring an additional 6,670 shares during the last quarter. Finally, Gemmer Asset Management LLC acquired a new position in shares of Howmet Aerospace in the second quarter worth $238,000. 90.46% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts have recently issued reports on HWM shares. Zacks Research upgraded Howmet Aerospace from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, August 12th. UBS Group lifted their price objective on Howmet Aerospace from $299.00 to $326.00 and gave the stock a "neutral" rating in a research report on Friday, August 7th. JPMorgan Chase & Co. boosted their target price on shares of Howmet Aerospace from $310.00 to $350.00 and gave the company an "overweight" rating in a research note on Monday, August 10th. TD Cowen upped their target price on shares of Howmet Aerospace from $300.00 to $320.00 and gave the company a "buy" rating in a report on Monday, July 13th. Finally, Susquehanna raised their price target on shares of Howmet Aerospace from $330.00 to $340.00 and gave the stock a "positive" rating in a research note on Friday, August 7th. Two analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus price target of $318.00.

Howmet Aerospace Price Performance

Shares of NYSE:HWM opened at $229.59 on Friday. The company has a market cap of $91.86 billion, a P/E ratio of 49.48, a P/E/G ratio of 2.03 and a beta of 1.19. The business has a fifty day simple moving average of $263.69 and a 200-day simple moving average of $258.62. Howmet Aerospace Inc. has a 52 week low of $183.83 and a 52 week high of $310.00. The company has a quick ratio of 0.87, a current ratio of 1.82 and a debt-to-equity ratio of 0.71.

Howmet Aerospace (NYSE:HWM - Get Free Report) last released its earnings results on Thursday, August 6th. The company reported $1.33 earnings per share for the quarter, topping the consensus estimate 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 period in the prior year, the business posted $0.91 earnings per share. The firm's revenue for the quarter 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 EPS for the current year.

Howmet Aerospace Increases Dividend

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

About Howmet Aerospace

Howmet Aerospace Inc NYSE: HWM is an aerospace and industrial manufacturer that develops and produces engineered components for commercial and defense aircraft, as well as products for transportation, energy and other industrial markets. Its offerings include aircraft engine components, airframe structures, fastening systems and forged aluminum wheels for commercial transportation.

The company's aerospace products include turbine airfoils, engine casings, structural components and other specialized parts designed to support aircraft performance and efficiency.

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