Sanctuary Advisors LLC Makes New Investment in Howmet Aerospace Inc. $HWM

Sanctuary Advisors LLC purchased a new stake in Howmet Aerospace Inc. (NYSE:HWM) during the second quarter, HoldingsChannel.com reports. The fund purchased 27,555 shares of the company’s stock, valued at approximately $7,408,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Meiji Yasuda Asset Management Co Ltd. acquired a new stake in shares of Howmet Aerospace during the second quarter worth $928,000. Globeflex Capital L P bought a new stake in Howmet Aerospace in the 2nd quarter valued at $1,154,000. Twin Tree Management LP acquired a new position in Howmet Aerospace in the 2nd quarter worth $478,000. LM Advisors LLC acquired a new position in Howmet Aerospace in the 2nd quarter worth $290,000. Finally, Bank of Nova Scotia bought a new position in Howmet Aerospace during the 2nd quarter worth about $27,549,000. Institutional investors and hedge funds own 90.46% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on HWM shares. Susquehanna lifted their price target on Howmet Aerospace from $330.00 to $340.00 and gave the company a “positive” rating in a research note on Friday, August 7th. TD Cowen increased their price objective on Howmet Aerospace from $300.00 to $320.00 and gave the stock a “buy” rating in a report on Monday, July 13th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $320.00 price objective on shares of Howmet Aerospace in a report on Friday, May 8th. Weiss Ratings raised Howmet Aerospace from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, August 19th. Finally, Jefferies Financial Group restated a “buy” rating and issued a $370.00 target price on shares of Howmet Aerospace in a research note on Sunday, August 9th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, Howmet Aerospace presently has a consensus rating of “Moderate Buy” and an average price target of $316.22.

Howmet Aerospace Trading Down 3.1%

Howmet Aerospace stock opened at $263.12 on Tuesday. The firm has a 50-day moving average of $278.46 and a 200-day moving average of $259.33. Howmet Aerospace Inc. has a one year low of $170.81 and a one year high of $310.00. 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 company has a market cap of $105.28 billion, a price-to-earnings ratio of 56.71, a P/E/G ratio of 1.94 and a beta of 1.20.

Howmet Aerospace (NYSE:HWM) last announced its quarterly earnings data on Thursday, August 6th. The company reported $1.33 earnings per share for the quarter, beating the consensus estimate of $1.24 by $0.09. The company had revenue of $2.55 billion during the quarter, compared to analysts’ expectations of $2.43 billion. Howmet Aerospace had a return on equity of 33.91% and a net margin of 20.52%.Howmet Aerospace’s revenue for the quarter was up 24.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.91 EPS. 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 analysts expect that Howmet Aerospace Inc. will post 5.33 earnings per share for the current fiscal year.

Howmet Aerospace Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, August 25th. Shareholders of record on Friday, August 7th will be paid a $0.14 dividend. This is a positive change 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%. The ex-dividend date is Friday, August 7th. Howmet Aerospace’s dividend payout ratio is 12.07%.

Howmet Aerospace Company 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.