Oak Thistle LLC Buys 9,099 Shares of Howmet Aerospace Inc. $HWM

Oak Thistle LLC increased its stake in shares of Howmet Aerospace Inc. (NYSE:HWM) by 376.0% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 11,519 shares of the company’s stock after buying an additional 9,099 shares during the quarter. Oak Thistle LLC’s holdings in Howmet Aerospace were worth $3,097,000 as of its most recent filing with the SEC.

Other hedge funds have also added to or reduced their stakes in the company. UMB Bank n.a. grew its position in shares of Howmet Aerospace by 2.6% during the 4th quarter. UMB Bank n.a. now owns 1,620 shares of the company’s stock valued at $332,000 after acquiring an additional 41 shares during the period. Tudor Financial Inc. increased its stake in shares of Howmet Aerospace by 2.6% during the 4th quarter. Tudor Financial Inc. now owns 1,650 shares of the company’s stock worth $338,000 after purchasing an additional 42 shares during the last quarter. Physician Wealth Advisors Inc. raised its holdings in shares of Howmet Aerospace by 2.5% in the 1st quarter. Physician Wealth Advisors Inc. now owns 1,730 shares of the company’s stock worth $399,000 after purchasing an additional 42 shares during the period. Roman Butler Fullerton & Co. raised its holdings in shares of Howmet Aerospace by 0.4% in the 1st quarter. Roman Butler Fullerton & Co. now owns 10,537 shares of the company’s stock worth $2,634,000 after purchasing an additional 42 shares during the period. Finally, Parkside Financial Bank & Trust lifted its stake in Howmet Aerospace by 4.1% in the fourth quarter. Parkside Financial Bank & Trust now owns 1,077 shares of the company’s stock valued at $221,000 after purchasing an additional 42 shares during the last quarter. Institutional investors own 90.46% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. Weiss Ratings lowered Howmet Aerospace from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, August 5th. Morgan Stanley reaffirmed an “overweight” rating and set a $335.00 price target on shares of Howmet Aerospace in a research report on Monday. Royal Bank Of Canada increased their price target on Howmet Aerospace from $325.00 to $350.00 and gave the stock an “outperform” rating in a research note on Friday, August 7th. Sanford C. Bernstein reissued an “outperform” rating and issued a $318.00 price objective on shares of Howmet Aerospace in a report on Tuesday, June 16th. Finally, TD Cowen boosted their price objective on Howmet Aerospace from $300.00 to $320.00 and gave the company a “buy” rating in a research note on Monday, July 13th. Seventeen analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $315.67.

Howmet Aerospace Trading Up 0.1%

Howmet Aerospace stock opened at $281.51 on Thursday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.87 and a current ratio of 1.82. Howmet Aerospace Inc. has a fifty-two week low of $169.45 and a fifty-two week high of $310.00. The stock has a market cap of $112.63 billion, a P/E ratio of 60.67, a PEG ratio of 2.01 and a beta of 1.20. The firm’s fifty day moving average price is $274.62 and its 200-day moving average price is $255.45.

Howmet Aerospace (NYSE:HWM) last posted its quarterly earnings data on Thursday, August 6th. The company reported $1.33 earnings per share (EPS) for the quarter, beating the consensus estimate 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 during the quarter, compared to analyst estimates of $2.43 billion. During the same quarter last year, the company earned $0.91 earnings per share. The firm’s quarterly 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. Equities research analysts forecast 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 will be paid on Tuesday, August 25th. Stockholders 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 is a positive change from Howmet Aerospace’s previous quarterly dividend of $0.12. This represents a $0.56 annualized dividend and a dividend yield of 0.2%. Howmet Aerospace’s payout ratio is presently 12.07%.

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.