Vise Technologies Inc. Acquires New Position in Howmet Aerospace Inc. $HWM

Vise Technologies Inc. acquired a new stake in shares of Howmet Aerospace Inc. (NYSE:HWMFree Report) in the second quarter, HoldingsChannel.com reports. The firm acquired 25,030 shares of the company’s stock, valued at approximately $6,730,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in HWM. MUFG Securities EMEA plc lifted its stake in Howmet Aerospace by 752.6% during the 4th quarter. MUFG Securities EMEA plc now owns 65,783 shares of the company’s stock valued at $13,487,000 after acquiring an additional 58,067 shares during the period. M&T Bank Corp raised its holdings in shares of Howmet Aerospace by 75.0% during the fourth quarter. M&T Bank Corp now owns 42,975 shares of the company’s stock valued at $8,810,000 after purchasing an additional 18,417 shares during the last quarter. Sequoia Financial Advisors LLC raised its holdings in shares of Howmet Aerospace by 57.5% during the fourth quarter. Sequoia Financial Advisors LLC now owns 14,190 shares of the company’s stock valued at $2,909,000 after purchasing an additional 5,181 shares during the last quarter. Bearing Point Capital LLC lifted its position in Howmet Aerospace by 9.5% during the fourth quarter. Bearing Point Capital LLC now owns 54,619 shares of the company’s stock valued at $11,198,000 after purchasing an additional 4,757 shares during the period. Finally, Patriot Financial Group Insurance Agency LLC lifted its position in Howmet Aerospace by 95.3% during the first quarter. Patriot Financial Group Insurance Agency LLC now owns 24,338 shares of the company’s stock valued at $5,609,000 after purchasing an additional 11,878 shares during the period. Institutional investors own 90.46% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have commented on HWM. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $318.00 target price on shares of Howmet Aerospace in a research report on Tuesday, June 16th. TD Cowen increased their price target on Howmet Aerospace from $300.00 to $320.00 and gave the company a “buy” rating in a report on Monday, July 13th. JPMorgan Chase & Co. raised their price target on Howmet Aerospace from $310.00 to $350.00 and gave the stock an “overweight” rating in a research note on Monday, August 10th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $320.00 price objective on shares of Howmet Aerospace in a report on Friday, May 8th. Finally, 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. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $315.67.

Get Our Latest Analysis on HWM

Howmet Aerospace Stock Down 3.6%

HWM stock opened at $273.39 on Friday. The business’s 50-day moving average price is $278.47 and its 200-day moving average price is $258.53. The stock has a market cap of $109.39 billion, a P/E ratio of 58.92, a PEG ratio of 2.03 and a beta of 1.20. 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 Inc. has a twelve month low of $170.24 and a twelve month high of $310.00.

Howmet Aerospace (NYSE:HWMGet Free Report) last released its 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 period in the prior year, the firm posted $0.91 EPS. The firm’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. On average, equities research analysts forecast that Howmet Aerospace Inc. will post 5.33 EPS for the current year.

Howmet Aerospace Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 25th. Stockholders of record on Friday, August 7th will be paid a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.2%. This is a boost from Howmet Aerospace’s previous quarterly dividend of $0.12. The ex-dividend date of this dividend is Friday, August 7th. Howmet Aerospace’s dividend payout ratio is currently 12.07%.

Howmet Aerospace Profile

(Free Report)

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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Institutional Ownership by Quarter for Howmet Aerospace (NYSE:HWM)

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