Transamerica Financial Advisors LLC Purchases New Position in Howmet Aerospace Inc. $HWM

Key Points

• Transamerica Financial Advisors acquired 47,756 shares of Howmet Aerospace worth approximately $12.84 million, making HWM its 19th-largest holding. Institutional investors collectively own 90.46% of the company.
• Analysts remain broadly bullish, with an average “Moderate Buy” rating and a $316.22 price target; several firms recently raised targets to as high as $340.
• Howmet exceeded quarterly expectations, reporting $1.33 EPS and $2.55 billion in revenue, while revenue grew 24.1% year over year. The company also raised its quarterly dividend from $0.12 to $0.14 per share.

Transamerica Financial Advisors LLC acquired a new position in shares of Howmet Aerospace Inc. (NYSE:HWM - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 47,756 shares of the company's stock, valued at approximately $12,840,000. Howmet Aerospace makes up approximately 1.1% of Transamerica Financial Advisors LLC's investment portfolio, making the stock its 19th largest position.

Other institutional investors have also bought and sold shares of the company. Bartlett & CO. Wealth Management LLC boosted its holdings in Howmet Aerospace by 55.1% during the 2nd quarter. Bartlett & CO. Wealth Management LLC now owns 107 shares of the company's stock worth $29,000 after acquiring an additional 38 shares during the last quarter. UMB Bank n.a. boosted its holdings in Howmet Aerospace by 2.6% during the fourth quarter. UMB Bank n.a. now owns 1,620 shares of the company's stock worth $332,000 after purchasing an additional 41 shares during the last quarter. Tudor Financial Inc. boosted its holdings in Howmet Aerospace by 2.6% during the fourth quarter. Tudor Financial Inc. now owns 1,650 shares of the company's stock worth $338,000 after purchasing an additional 42 shares during the last quarter. Physician Wealth Advisors Inc. grew its position in Howmet Aerospace by 2.5% in the 1st quarter. Physician Wealth Advisors Inc. now owns 1,730 shares of the company's stock worth $399,000 after purchasing an additional 42 shares in the last quarter. Finally, Roman Butler Fullerton & Co. grew its position in Howmet Aerospace by 0.4% in the 1st quarter. Roman Butler Fullerton & Co. now owns 10,537 shares of the company's stock worth $2,634,000 after purchasing an additional 42 shares in the last quarter. Institutional investors own 90.46% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on HWM shares. Susquehanna increased their price objective on shares of Howmet Aerospace from $330.00 to $340.00 and gave the company a "positive" rating in a research note on Friday, August 7th. Morgan Stanley reaffirmed an "overweight" rating and issued a $335.00 target price on shares of Howmet Aerospace in a report on Monday, August 10th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a $320.00 price target on shares of Howmet Aerospace in a research report on Friday, May 8th. Wall Street Zen lowered Howmet Aerospace from a "strong-buy" rating to a "buy" rating in a report on Sunday, July 5th. Finally, BNP Paribas Exane reissued an "outperform" rating and issued a $340.00 price objective (up from $265.00) on shares of Howmet Aerospace in a research report on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $316.22.

Howmet Aerospace Stock Up 2.0%

HWM opened at $269.32 on Thursday. The company has a quick ratio of 0.87, a current ratio of 1.82 and a debt-to-equity ratio of 0.71. The stock has a market cap of $107.76 billion, a price-to-earnings ratio of 58.04, a PEG ratio of 1.89 and a beta of 1.20. Howmet Aerospace Inc. has a twelve month low of $170.81 and a twelve month high of $310.00. The company's 50-day moving average price is $277.90 and its two-hundred day moving average price is $260.14.

Howmet Aerospace (NYSE:HWM - Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The company reported $1.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.24 by $0.09. Howmet Aerospace had a net margin of 20.52% and a return on equity of 33.91%. The company had revenue of $2.55 billion during the quarter, compared to analyst estimates of $2.43 billion. During the same quarter last year, the business posted $0.91 EPS. Howmet Aerospace's quarterly 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. As a group, equities analysts expect that Howmet Aerospace Inc. will post 5.33 earnings per share for the current year.

Howmet Aerospace Increases Dividend

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

About Howmet Aerospace

Howmet Aerospace Inc is an industrial technology company that designs, manufactures and repairs engineered metal products for the aerospace, transportation and industrial markets. Its product portfolio includes precision castings and forgings, engineered fasteners, seamless rolled rings, and complex components for turbine engines, airframes and industrial gas turbines. The company also provides aftermarket services such as component repair, overhaul and parts distribution to support the operating fleet of commercial and military customers.

Howmet serves a global customer base of original equipment manufacturers (OEMs) and aftermarket operators, with manufacturing, service and distribution facilities across North America, Europe and Asia.

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