Howmet Aerospace Inc. $HWM Stock Purchased by Vest Financial LLC

Vest Financial LLC grew its stake in shares of Howmet Aerospace Inc. (NYSE:HWM) by 9.0% in the 3rd quarter, Holdings Channel.com reports. The fund owned 73,288 shares of the company’s stock after acquiring an additional 6,041 shares during the period. Vest Financial LLC’s holdings in Howmet Aerospace were worth $16,576,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of HWM. AMG Asset Management Group Inc. purchased a new position in shares of Howmet Aerospace in the 3rd quarter worth about $269,000. Arcataur Capital Management LLC boosted its stake in Howmet Aerospace by 1.9% in the 3rd quarter. Arcataur Capital Management LLC now owns 3,421 shares of the company’s stock worth $774,000 after purchasing an additional 65 shares in the last quarter. Strengthening Families & Communities LLC boosted its stake in Howmet Aerospace by 6.1% in the 3rd quarter. Strengthening Families & Communities LLC now owns 12,147 shares of the company’s stock worth $2,747,000 after purchasing an additional 695 shares in the last quarter. Englebert Financial Advisers LLC grew its position in Howmet Aerospace by 32.8% during the 3rd quarter. Englebert Financial Advisers LLC now owns 2,773 shares of the company’s stock valued at $627,000 after purchasing an additional 685 shares during the last quarter. Finally, Axecap Investments LLC grew its position in Howmet Aerospace by 35.1% during the 3rd quarter. Axecap Investments LLC now owns 5,416 shares of the company’s stock valued at $1,225,000 after purchasing an additional 1,408 shares during the last quarter. 90.46% of the stock is currently owned by institutional investors.

Howmet Aerospace Stock Down 7.1%

HWM stock opened at $193.37 on Friday. Howmet Aerospace Inc. has a 1-year low of $188.83 and a 1-year high of $310.00. The business has a fifty day moving average price of $239.34 and a 200-day moving average price of $256.37. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.82 and a quick ratio of 0.87. The stock has a market capitalization of $77.37 billion, a P/E ratio of 41.67, a P/E/G ratio of 1.87 and a beta of 1.21.

Howmet Aerospace (NYSE:HWM) last announced its quarterly earnings results on Thursday, August 6th. The company reported $1.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 company posted $0.91 earnings per share. The company’s quarterly revenue 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. Equities analysts forecast that Howmet Aerospace Inc. will post 5.34 earnings per share for the current fiscal year.

Howmet Aerospace Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 25th. Shareholders of record on Friday, November 6th will be given a $0.14 dividend. The ex-dividend date of this dividend is Friday, November 6th. This represents a $0.56 dividend on an annualized basis and a yield of 0.3%. Howmet Aerospace’s payout ratio is 12.07%.

Analysts Set New Price Targets

A number of research firms have weighed in on HWM. Royal Bank Of Canada reduced their price objective on shares of Howmet Aerospace from $350.00 to $300.00 and set an “outperform” rating for the company in a research note on Thursday, October 15th. Wells Fargo & Company dropped their target price on shares of Howmet Aerospace from $315.00 to $255.00 and set an “equal weight” rating on the stock in a research note on Wednesday, September 30th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Howmet Aerospace from $338.00 to $343.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. Wall Street Zen cut shares of Howmet Aerospace from a “strong-buy” rating to a “buy” rating in a report on Sunday, July 5th. Finally, BTIG Research raised their price target on shares of Howmet Aerospace from $300.00 to $340.00 and gave the company a “buy” rating in a research report on Monday, August 10th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $310.29.

About Howmet Aerospace

Howmet Aerospace Inc (NYSE:HWM) is a global manufacturer of advanced engineered products and materials primarily serving the aerospace, defense, commercial transportation and industrial markets. The company develops components designed to operate in demanding environments where strength, durability and weight reduction are important.

Howmet’s product portfolio includes aircraft engine components, airframe structures, titanium and nickel-based forgings, fastening systems and wheels for commercial vehicles.