GoalVest Advisory LLC Raises Stock Holdings in Howmet Aerospace Inc. $HWM

GoalVest Advisory LLC boosted its position in Howmet Aerospace Inc. (NYSE:HWM) by 35,684.9% in the third quarter, Holdings Channel.com reports. The firm owned 26,123 shares of the company’s stock after purchasing an additional 26,050 shares during the quarter. GoalVest Advisory LLC’s holdings in Howmet Aerospace were worth $5,909,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the company. Burkett Financial Services LLC bought a new stake in Howmet Aerospace during the 3rd quarter worth approximately $50,000. QRG Capital Management Inc. raised its stake in shares of Howmet Aerospace by 43.2% during the second quarter. QRG Capital Management Inc. now owns 85,876 shares of the company’s stock valued at $23,089,000 after acquiring an additional 25,920 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its holdings in shares of Howmet Aerospace by 0.9% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 16,574 shares of the company’s stock worth $4,456,000 after purchasing an additional 149 shares during the period. Envestnet Asset Management Inc. grew its stake in shares of Howmet Aerospace by 2.5% in the second quarter. Envestnet Asset Management Inc. now owns 669,540 shares of the company’s stock worth $180,011,000 after purchasing an additional 16,498 shares during the last quarter. Finally, Andra AP fonden increased its holdings in Howmet Aerospace by 12.7% in the second quarter. Andra AP fonden now owns 61,272 shares of the company’s stock valued at $16,474,000 after purchasing an additional 6,900 shares during the period. 90.46% of the stock is owned by institutional investors and hedge funds.

Howmet Aerospace Trading Up 1.3%

Shares of Howmet Aerospace stock traded up $2.96 on Friday, hitting $231.34. 782,024 shares of the company’s stock traded hands, compared to its average volume of 2,717,677. The company has a fifty day moving average of $258.79 and a two-hundred day moving average of $257.96. Howmet Aerospace Inc. has a one year low of $183.83 and a one year high of $310.00. The company has a market capitalization of $92.56 billion, a price-to-earnings ratio of 49.83, a price-to-earnings-growth ratio of 2.04 and a beta of 1.21. 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 (NYSE:HWM) last issued its earnings results on Thursday, August 6th. The company reported $1.33 earnings per share for the quarter, topping analysts’ consensus estimates of $1.24 by $0.09. The business had revenue of $2.55 billion during the quarter, compared to the consensus estimate of $2.43 billion. Howmet Aerospace had a return on equity of 33.91% and a net margin of 20.52%.The firm’s revenue for the quarter was up 24.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.91 earnings per share. 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, sell-side analysts expect that Howmet Aerospace Inc. will post 5.33 earnings per share 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 paid a dividend of $0.14 per share. This is a boost from Howmet Aerospace’s previous quarterly dividend of $0.12. This represents a $0.56 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Friday, August 7th. Howmet Aerospace’s payout ratio is currently 12.07%.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. UBS Group lifted their target price on Howmet Aerospace from $299.00 to $326.00 and gave the stock a “neutral” rating in a report on Friday, August 7th. Sanford C. Bernstein lifted their price objective on Howmet Aerospace from $318.00 to $328.00 and gave the stock an “outperform” rating in a research note on Monday, August 24th. BTIG Research upped their target price on Howmet Aerospace from $300.00 to $340.00 and gave the company a “buy” rating in a report on Monday, August 10th. JPMorgan Chase & Co. increased their target price on shares of Howmet Aerospace from $310.00 to $350.00 and gave the company an “overweight” rating in a research report on Monday, August 10th. Finally, Royal Bank Of Canada boosted their price target on shares of Howmet Aerospace from $325.00 to $350.00 and gave the stock an “outperform” rating in a research report on Friday, August 7th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $314.84.

Howmet Aerospace Profile

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.