Kingsview Wealth Management LLC Acquires Shares of 2,682 Howmet Aerospace Inc. $HWM

Kingsview Wealth Management LLC bought a new position in Howmet Aerospace Inc. (NYSE:HWM) during the second quarter, Holdings Channel.com reports. The fund bought 2,682 shares of the company’s stock, valued at approximately $721,000.

A number of other institutional investors have also modified their holdings of the stock. BlackRock Inc. bought a new stake in shares of Howmet Aerospace during the second quarter valued at approximately $12,318,939,000. Bank of America Corp DE bought a new position in Howmet Aerospace in the second quarter worth approximately $2,766,806,000. Norges Bank bought a new position in Howmet Aerospace in the fourth quarter worth approximately $1,793,698,000. Jupiter Topco LLC purchased a new position in Howmet Aerospace during the 2nd quarter worth $2,065,086,000. Finally, Bank of New York Mellon Corp purchased a new position in Howmet Aerospace during the 2nd quarter worth $1,099,765,000. 90.46% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

HWM has been the subject of a number of research analyst reports. JPMorgan Chase & Co. lifted their target price on Howmet Aerospace from $310.00 to $350.00 and gave the company an “overweight” rating in a research report on Monday, August 10th. Wall Street Zen downgraded Howmet Aerospace from a “strong-buy” rating to a “buy” rating in a research report on Sunday, July 5th. Citigroup restated a “buy” rating on shares of Howmet Aerospace in a research note on Wednesday, August 12th. Susquehanna lifted their price objective on Howmet Aerospace from $330.00 to $340.00 and gave the company a “positive” rating in a report on Friday, August 7th. Finally, Morgan Stanley reiterated an “overweight” rating and set a $335.00 target price on shares of Howmet Aerospace in a report on Monday, August 10th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $316.22.

Howmet Aerospace Stock Performance

Shares of NYSE:HWM opened at $264.48 on Monday. The firm has a 50 day moving average of $277.41 and a 200 day moving average of $260.72. 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 company has a market capitalization of $105.82 billion, a price-to-earnings ratio of 57.00, a price-to-earnings-growth ratio of 1.89 and a beta of 1.20. Howmet Aerospace Inc. has a 52 week low of $170.81 and a 52 week high of $310.00.

Howmet Aerospace (NYSE:HWM) last announced its earnings results on Thursday, August 6th. The company reported $1.33 earnings per share (EPS) for the quarter, beating 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 business had revenue of $2.55 billion for the quarter, compared to analysts’ expectations of $2.43 billion. During the same quarter last year, the firm earned $0.91 EPS. The business’s revenue for the quarter was up 24.1% on a year-over-year basis. 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, sell-side analysts predict that Howmet Aerospace Inc. will post 5.33 earnings per share for the current fiscal year.

Howmet Aerospace Increases Dividend

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

Howmet Aerospace Profile

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.