C M Bidwell & Associates Ltd. Invests $640,000 in Howmet Aerospace Inc. $HWM

C M Bidwell & Associates Ltd. bought a new stake in Howmet Aerospace Inc. (NYSE:HWM) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 2,381 shares of the company’s stock, valued at approximately $640,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Newbridge Financial Services Group Inc. raised 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 purchasing an additional 73 shares in the last quarter. Acumen Wealth Advisors LLC purchased a new position in shares of Howmet Aerospace during the 4th quarter worth approximately $25,000. West Paces Advisors Inc. acquired a new stake in shares of Howmet Aerospace in the 2nd quarter valued at approximately $27,000. Cornerstone Financial Management LLC purchased a new stake in shares of Howmet Aerospace in the fourth quarter valued at approximately $28,000. Finally, Vermillion & White Wealth Management Group LLC raised its position in Howmet Aerospace by 65.1% in the fourth 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. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on HWM. Jefferies Financial Group reaffirmed a “buy” rating and set a $370.00 price target on shares of Howmet Aerospace in a research note on Sunday, August 9th. BTIG Research increased their target price on shares of Howmet Aerospace from $300.00 to $340.00 and gave the company a “buy” rating in a report on Monday, August 10th. JPMorgan Chase & Co. boosted their price target on Howmet Aerospace from $310.00 to $350.00 and gave the stock an “overweight” rating in a research note on Monday, August 10th. Weiss Ratings raised Howmet Aerospace from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday. Finally, UBS Group upped their target price on Howmet Aerospace from $299.00 to $326.00 and gave the company a “neutral” rating in a report on Friday, August 7th. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $315.67.

Howmet Aerospace Stock Performance

Shares of HWM opened at $271.58 on Friday. The firm has a market cap of $108.66 billion, a price-to-earnings ratio of 58.53, a PEG ratio of 1.96 and a beta of 1.20. 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 business’s 50 day moving average is $278.62 and its two-hundred day moving average is $258.62. Howmet Aerospace Inc. has a 52-week low of $170.24 and a 52-week 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, topping analysts’ consensus estimates of $1.24 by $0.09. The business had revenue of $2.55 billion during the quarter, compared to analyst estimates of $2.43 billion. Howmet Aerospace had a net margin of 20.52% and a return on equity of 33.91%. The business’s revenue was up 24.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.91 earnings per share. 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. Analysts forecast that Howmet Aerospace Inc. will post 5.33 EPS for the current fiscal year.

Howmet Aerospace Increases Dividend

The business also recently announced 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 represents a $0.56 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Friday, August 7th. This is an increase from Howmet Aerospace’s previous quarterly dividend of $0.12. Howmet Aerospace’s payout ratio is presently 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.