Corient Private Wealth LP Makes New Investment in Howmet Aerospace Inc. $HWM

Corient Private Wealth LP purchased a new stake in Howmet Aerospace Inc. (NYSE:HWM) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 105,025 shares of the company’s stock, valued at approximately $28,237,000.

Other large investors also recently bought and sold shares of the company. Brighton Jones LLC grew its holdings in shares of Howmet Aerospace by 5.4% during the fourth quarter. Brighton Jones LLC now owns 2,548 shares of the company’s stock worth $279,000 after buying an additional 130 shares during the last quarter. Acadian Asset Management LLC purchased a new stake in Howmet Aerospace during the 1st quarter valued at approximately $399,000. Sivia Capital Partners LLC acquired a new stake in Howmet Aerospace during the 2nd quarter worth approximately $216,000. Brown Advisory Inc. lifted its position in Howmet Aerospace by 31.0% during the 2nd quarter. Brown Advisory Inc. now owns 4,180 shares of the company’s stock worth $778,000 after acquiring an additional 990 shares during the period. Finally, Cary Street Partners Financial LLC purchased a new position in shares of Howmet Aerospace in the 2nd quarter valued at approximately $145,000. Institutional investors and hedge funds own 90.46% of the company’s stock.

Howmet Aerospace Stock Performance

NYSE HWM opened at $267.52 on Friday. The business has a 50 day moving average price of $277.68 and a 200 day moving average price of $260.45. The company has a market capitalization of $107.04 billion, a P/E ratio of 57.65, a PEG ratio of 1.93 and a beta of 1.20. Howmet Aerospace Inc. has a 1-year low of $170.81 and a 1-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.

Howmet Aerospace (NYSE:HWM) last posted its earnings results on Thursday, August 6th. The company reported $1.33 EPS for the quarter, topping 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 company had revenue of $2.55 billion for the quarter, compared to the consensus estimate of $2.43 billion. During the same period in the previous year, the business earned $0.91 earnings per share. Howmet Aerospace’s quarterly revenue 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. Sell-side analysts expect that Howmet Aerospace Inc. will post 5.33 EPS for the current fiscal year.

Howmet Aerospace Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, August 25th. Stockholders of record on Friday, August 7th were issued a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.2%. This is a positive change from Howmet Aerospace’s previous quarterly dividend of $0.12. The ex-dividend date of this dividend was Friday, August 7th. Howmet Aerospace’s payout ratio is presently 12.07%.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on HWM shares. Jefferies Financial Group restated a “buy” rating and issued a $370.00 price objective on shares of Howmet Aerospace in a research report on Sunday, August 9th. Citigroup reiterated a “buy” rating on shares of Howmet Aerospace in a research report on Wednesday, August 12th. JPMorgan Chase & Co. raised their price target on Howmet Aerospace from $310.00 to $350.00 and gave the company an “overweight” rating in a report on Monday, August 10th. TD Cowen raised their price target on Howmet Aerospace from $300.00 to $320.00 and gave the company a “buy” rating in a report on Monday, July 13th. Finally, UBS Group lifted their price target on Howmet Aerospace from $299.00 to $326.00 and gave the company a “neutral” rating in a research note on Friday, August 7th. One research 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’s stock. According to data from MarketBeat.com, Howmet Aerospace currently has a consensus rating of “Moderate Buy” and an average price target of $316.22.

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.