IPG Investment Advisors LLC Sells 6,478 Shares of Howmet Aerospace Inc. $HWM

IPG Investment Advisors LLC reduced its position in shares of Howmet Aerospace Inc. (NYSE:HWMFree Report) by 86.2% in the second quarter, Holdings Channel reports. The firm owned 1,034 shares of the company’s stock after selling 6,478 shares during the period. IPG Investment Advisors LLC’s holdings in Howmet Aerospace were worth $278,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Brighton Jones LLC grew its position in 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 in the last quarter. Acadian Asset Management LLC purchased a new stake in shares of Howmet Aerospace in the 1st quarter valued at about $399,000. Sivia Capital Partners LLC purchased a new stake in shares of Howmet Aerospace in the 2nd quarter valued at about $216,000. Brown Advisory Inc. boosted its position in shares of Howmet Aerospace by 31.0% during the 2nd quarter. Brown Advisory Inc. now owns 4,180 shares of the company’s stock valued at $778,000 after acquiring an additional 990 shares during the last quarter. Finally, Cary Street Partners Financial LLC bought a new stake in shares of Howmet Aerospace during the 2nd quarter valued at about $145,000. Institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Price Performance

HWM opened at $228.20 on Friday. The company has a current ratio of 1.82, a quick ratio of 0.87 and a debt-to-equity ratio of 0.71. The stock has a market capitalization of $91.30 billion, a P/E ratio of 49.18, a PEG ratio of 2.10 and a beta of 1.19. The stock has a 50-day moving average price of $272.94 and a 200-day moving average price of $260.80. Howmet Aerospace Inc. has a 12-month low of $181.36 and a 12-month high of $310.00.

Howmet Aerospace (NYSE:HWMGet Free Report) last announced its quarterly earnings data on Thursday, August 6th. The company reported $1.33 earnings per share for the quarter, beating analysts’ consensus estimates of $1.24 by $0.09. The company had revenue of $2.55 billion for 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 period last year, the firm posted $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. Equities analysts predict that Howmet Aerospace Inc. will post 5.33 earnings per share for the current fiscal year.

Howmet Aerospace Increases Dividend

The firm also recently disclosed 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%. The ex-dividend date was Friday, August 7th. This is a positive change from Howmet Aerospace’s previous quarterly dividend of $0.12. Howmet Aerospace’s dividend payout ratio (DPR) is presently 12.07%.

Analyst Ratings Changes

HWM has been the topic of several research analyst reports. JPMorgan Chase & Co. upped their price objective on shares of Howmet Aerospace from $310.00 to $350.00 and gave the stock an “overweight” rating in a research report on Monday, August 10th. Sanford C. Bernstein lifted their target price on shares of Howmet Aerospace from $318.00 to $328.00 and gave the company an “outperform” rating in a research report on Monday, August 24th. BTIG Research boosted their price target on shares of Howmet Aerospace from $300.00 to $340.00 and gave the stock a “buy” rating in a research note on Monday, August 10th. Wells Fargo & Company reissued an “outperform” rating and issued a $315.00 price target on shares of Howmet Aerospace in a research note on Monday, August 10th. Finally, Citigroup reissued a “buy” rating on shares of Howmet Aerospace in a report on Tuesday, September 1st. One equities 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 company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $316.22.

Check Out Our Latest Research Report on HWM

Howmet Aerospace Company Profile

(Free Report)

Howmet Aerospace Inc (NYSE:HWM) is an aerospace and industrial manufacturer that develops and produces engineered components for commercial and defense aircraft, as well as products for transportation, energy and other industrial markets. Its offerings include aircraft engine components, airframe structures, fastening systems and forged aluminum wheels for commercial transportation.

The company’s aerospace products include turbine airfoils, engine casings, structural components and other specialized parts designed to support aircraft performance and efficiency.

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Institutional Ownership by Quarter for Howmet Aerospace (NYSE:HWM)

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