Elevation Point Wealth Partners LLC Invests $6.36 Million in Howmet Aerospace Inc. $HWM

Elevation Point Wealth Partners LLC acquired a new stake in shares of Howmet Aerospace Inc. (NYSE:HWM) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 23,668 shares of the company’s stock, valued at approximately $6,363,000.

Other large investors have also modified their holdings of the company. West Paces Advisors Inc. bought a new position in Howmet Aerospace in the second quarter worth $27,000. Bartlett & CO. Wealth Management LLC increased its holdings in Howmet Aerospace by 55.1% in the 2nd quarter. Bartlett & CO. Wealth Management LLC now owns 107 shares of the company’s stock valued at $29,000 after buying an additional 38 shares during the period. Acumen Wealth Advisors LLC bought a new stake in Howmet Aerospace in the 4th quarter valued at $25,000. Newbridge Financial Services Group Inc. raised its stake in shares of Howmet Aerospace by 119.7% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock valued at $25,000 after buying an additional 73 shares in the last quarter. Finally, Vermillion & White Wealth Management Group LLC raised its stake in shares of Howmet Aerospace by 65.1% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 137 shares of the company’s stock valued at $28,000 after buying an additional 54 shares in the last quarter. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have recently commented on HWM shares. BNP Paribas Exane reaffirmed an “outperform” rating and set a $340.00 price objective (up from $265.00) on shares of Howmet Aerospace in a report on Friday, May 8th. Susquehanna upped their target price on shares of Howmet Aerospace from $330.00 to $340.00 and gave the company a “positive” rating in a research note on Friday, August 7th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $320.00 price target on shares of Howmet Aerospace in a research report on Friday, May 8th. Zacks Research upgraded shares of Howmet Aerospace from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 12th. Finally, UBS Group lifted their price objective on Howmet Aerospace from $299.00 to $326.00 and gave the company a “neutral” rating in a report on Friday, August 7th. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $315.67.

Howmet Aerospace Stock Performance

Howmet Aerospace stock opened at $271.58 on Friday. The firm has a market capitalization of $108.66 billion, a P/E ratio of 58.53, a P/E/G ratio of 1.94 and a beta of 1.20. The stock has a fifty day moving average price of $278.62 and a two-hundred day moving average price of $258.62. Howmet Aerospace Inc. has a 52-week low of $170.24 and a 52-week 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.

Howmet Aerospace (NYSE:HWM) last issued its earnings results on Thursday, August 6th. The company reported $1.33 EPS for the quarter, beating the consensus estimate 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 the consensus estimate of $2.43 billion. During the same quarter in the previous year, the company earned $0.91 EPS. The firm’s revenue for the quarter was up 24.1% compared to the same quarter last year. 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, analysts anticipate that Howmet Aerospace Inc. will post 5.33 EPS for the current fiscal year.

Howmet Aerospace Increases Dividend

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