Proficio Capital Partners LLC Invests $850,000 in Howmet Aerospace Inc. $HWM

Proficio Capital Partners LLC purchased a new stake in Howmet Aerospace Inc. (NYSE:HWM) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 3,161 shares of the company’s stock, valued at approximately $850,000.

Several other institutional investors and hedge funds also recently made changes to their positions in HWM. Newbridge Financial Services Group Inc. increased its position in shares of 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 in the last quarter. Acumen Wealth Advisors LLC acquired a new stake in Howmet Aerospace in the 4th quarter worth about $25,000. West Paces Advisors Inc. bought a new position in Howmet Aerospace during the 2nd quarter worth $27,000. Cornerstone Financial Management LLC acquired a new stake in Howmet Aerospace during the fourth quarter worth about $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 acquiring an additional 54 shares in the last quarter. Institutional investors own 90.46% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently issued reports on HWM. BTIG Research upped their price target on shares of Howmet Aerospace from $300.00 to $340.00 and gave the stock a “buy” rating in a report on Monday, August 10th. Wells Fargo & Company restated an “outperform” rating and set a $315.00 price target on shares of Howmet Aerospace in a report on Monday, August 10th. Sanford C. Bernstein boosted their price objective on Howmet Aerospace from $318.00 to $328.00 and gave the company an “outperform” rating in a report on Monday. Jefferies Financial Group reiterated a “buy” rating and issued a $370.00 target price on shares of Howmet Aerospace in a report on Sunday, August 9th. Finally, Weiss Ratings upgraded Howmet Aerospace from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, August 19th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $316.22.

Howmet Aerospace Stock Performance

NYSE:HWM opened at $269.32 on Thursday. The firm’s fifty day simple moving average is $277.90 and its 200 day simple moving average is $260.14. 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 stock has a market cap of $107.76 billion, a P/E ratio of 58.04, a price-to-earnings-growth ratio of 1.89 and a beta of 1.20. Howmet Aerospace Inc. has a twelve month low of $170.81 and a twelve month high of $310.00.

Howmet Aerospace (NYSE:HWM) last issued 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 net margin of 20.52% and a return on equity of 33.91%. The company had revenue of $2.55 billion during the quarter, compared to analysts’ expectations of $2.43 billion. During the same period last year, the company posted $0.91 EPS. Howmet Aerospace’s 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. As a group, research analysts predict that Howmet Aerospace Inc. will post 5.33 EPS for the current year.

Howmet Aerospace Increases Dividend

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