Edmond DE Rothschild Holding S.A. Invests $793,000 in Howmet Aerospace Inc. $HWM

Edmond DE Rothschild Holding S.A. purchased a new stake in Howmet Aerospace Inc. (NYSE:HWM) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 2,949 shares of the company’s stock, valued at approximately $793,000.

A number of other institutional investors have also recently modified their holdings of the business. Newbridge Financial Services Group Inc. grew its holdings in Howmet Aerospace by 119.7% during the second quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock worth $25,000 after acquiring an additional 73 shares during the period. Acumen Wealth Advisors LLC acquired a new stake in Howmet Aerospace in the fourth quarter valued at $25,000. West Paces Advisors Inc. purchased a new stake in shares of Howmet Aerospace during the 2nd quarter worth $27,000. Cornerstone Financial Management LLC purchased a new stake in shares of Howmet Aerospace during the 4th quarter worth $28,000. Finally, Vermillion & White Wealth Management Group LLC boosted its position in shares of Howmet Aerospace by 65.1% during the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 137 shares of the company’s stock worth $28,000 after purchasing an additional 54 shares in the last quarter. 90.46% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. Citigroup reiterated a “buy” rating on shares of Howmet Aerospace in a report on Wednesday, August 12th. Jefferies Financial Group reissued a “buy” rating and set a $370.00 price objective on shares of Howmet Aerospace in a report on Sunday, August 9th. Susquehanna upped their target price on shares of Howmet Aerospace from $330.00 to $340.00 and gave the stock a “positive” rating in a research report 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. Finally, UBS Group lifted their price target on shares of Howmet Aerospace from $299.00 to $326.00 and gave the company a “neutral” rating in a research report on Friday, August 7th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, Howmet Aerospace presently has an average rating of “Moderate Buy” and an average price target of $315.67.

Howmet Aerospace Trading Down 3.6%

Howmet Aerospace stock opened at $273.39 on Friday. The stock has a 50-day moving average price of $278.47 and a 200 day moving average price of $258.53. Howmet Aerospace Inc. has a 52 week low of $170.24 and a 52 week high of $310.00. The stock has a market cap of $109.39 billion, a PE ratio of 58.92, a P/E/G ratio of 2.03 and a beta of 1.20. The company has a current ratio of 1.82, a quick ratio of 0.87 and a debt-to-equity ratio of 0.71.

Howmet Aerospace (NYSE:HWM) last released its 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 net margin of 20.52% and a return on equity of 33.91%. The company had revenue of $2.55 billion for the quarter, compared to analyst estimates of $2.43 billion. During the same period in the prior year, the firm earned $0.91 EPS. The firm’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 research analysts predict that Howmet Aerospace Inc. will post 5.33 earnings per share for the current fiscal 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 given a $0.14 dividend. This is a boost from Howmet Aerospace’s previous quarterly dividend of $0.12. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend is Friday, August 7th. Howmet Aerospace’s dividend payout ratio (DPR) is presently 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.