Silvant Capital Management LLC Purchases New Shares in Howmet Aerospace Inc. $HWM

Silvant Capital Management LLC purchased a new stake in shares of Howmet Aerospace Inc. (NYSE:HWM) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 8,463 shares of the company’s stock, valued at approximately $2,275,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. BlackRock Inc. bought a new stake in shares of Howmet Aerospace during the 2nd quarter valued at $12,318,939,000. State Street Corp increased its stake in shares of Howmet Aerospace by 2.2% in the 4th quarter. State Street Corp now owns 18,365,429 shares of the company’s stock worth $3,765,280,000 after acquiring an additional 400,767 shares in the last quarter. Price T Rowe Associates Inc. MD increased its stake in shares of Howmet Aerospace by 27.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 16,632,206 shares of the company’s stock worth $3,409,936,000 after acquiring an additional 3,531,700 shares in the last quarter. Geode Capital Management LLC lifted its position in Howmet Aerospace by 2.0% during the 4th quarter. Geode Capital Management LLC now owns 11,307,538 shares of the company’s stock valued at $2,316,277,000 after acquiring an additional 221,775 shares during the period. Finally, Bank of America Corp DE boosted its stake in Howmet Aerospace by 1.7% during the first quarter. Bank of America Corp DE now owns 10,728,447 shares of the company’s stock worth $2,472,478,000 after acquiring an additional 177,533 shares in the last quarter. 90.46% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have weighed in on HWM. BNP Paribas Exane restated an “outperform” rating and issued a $340.00 price objective (up from $265.00) on shares of Howmet Aerospace in a report on Friday, May 8th. Zacks Research upgraded shares of Howmet Aerospace from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 12th. Citigroup reissued a “buy” rating on shares of Howmet Aerospace in a research report on Wednesday, August 12th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $320.00 price target on shares of Howmet Aerospace in a research note on Friday, May 8th. Finally, TD Cowen raised their price objective on Howmet Aerospace from $300.00 to $320.00 and gave the company a “buy” rating in a research report on Monday, July 13th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, Howmet Aerospace currently has an average rating of “Moderate Buy” and a consensus target price of $315.67.

Howmet Aerospace Stock Performance

Shares of HWM stock opened at $273.39 on Friday. The company has a market capitalization of $109.39 billion, a price-to-earnings ratio of 58.92, a price-to-earnings-growth ratio of 2.03 and a beta of 1.20. 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 one year low of $170.24 and a one year high of $310.00. The company’s 50-day moving average is $278.47 and its 200 day moving average is $258.53.

Howmet Aerospace (NYSE:HWM) last posted its quarterly earnings results on Thursday, August 6th. The company reported $1.33 EPS for the quarter, beating analysts’ consensus estimates of $1.24 by $0.09. The firm had revenue of $2.55 billion for the quarter, compared to analysts’ expectations 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 for the quarter was up 24.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $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. Sell-side analysts expect that Howmet Aerospace Inc. will post 5.33 EPS 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. Investors of record on Friday, August 7th will be given a $0.14 dividend. This is a boost from Howmet Aerospace’s previous quarterly dividend of $0.12. The ex-dividend date of this dividend is Friday, August 7th. This represents a $0.56 annualized dividend and a yield of 0.2%. Howmet Aerospace’s payout ratio is currently 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.