Equitable Holdings Inc. Makes New $782,000 Investment in Howmet Aerospace Inc. $HWM

Equitable Holdings Inc. bought a new position in shares of Howmet Aerospace Inc. (NYSE:HWM) in the 2nd quarter, Holdings Channel.com reports. The institutional investor bought 2,907 shares of the company’s stock, valued at approximately $782,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Newbridge Financial Services Group Inc. increased its stake in Howmet Aerospace by 119.7% in the second quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock valued at $25,000 after purchasing an additional 73 shares in the last quarter. Acumen Wealth Advisors LLC bought a new position in shares of Howmet Aerospace during the fourth quarter worth $25,000. West Paces Advisors Inc. bought a new position in shares of Howmet Aerospace during the second quarter worth $27,000. Cornerstone Financial Management LLC acquired a new position in shares of Howmet Aerospace in the 4th quarter valued at $28,000. Finally, Vermillion & White Wealth Management Group LLC grew its holdings in shares of Howmet Aerospace by 65.1% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 137 shares of the company’s stock valued at $28,000 after buying an additional 54 shares during the period. 90.46% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

HWM has been the subject of several recent analyst reports. Wall Street Zen downgraded Howmet Aerospace from a “strong-buy” rating to a “buy” rating in a report on Sunday, July 5th. Royal Bank Of Canada lifted their price objective on Howmet Aerospace from $325.00 to $350.00 and gave the company an “outperform” rating in a report on Friday, August 7th. Jefferies Financial Group reiterated a “buy” rating and issued a $370.00 price objective on shares of Howmet Aerospace in a research report on Sunday, August 9th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $320.00 target price on shares of Howmet Aerospace in a research note on Friday, May 8th. Finally, UBS Group raised their target price on shares of Howmet Aerospace from $299.00 to $326.00 and gave the stock a “neutral” rating in a report on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, Howmet Aerospace presently has an average rating of “Moderate Buy” and a consensus target price of $316.22.

Howmet Aerospace Trading Down 1.2%

NYSE HWM opened at $264.48 on Friday. The stock has a 50 day moving average of $277.41 and a 200-day moving average of $260.48. Howmet Aerospace Inc. has a 12 month low of $170.81 and a 12 month high of $310.00. The company has a market cap of $105.82 billion, a PE ratio of 57.00, a PEG ratio of 1.89 and a beta of 1.20. The company has a current ratio of 1.82, a quick ratio of 0.87 and a debt-to-equity ratio of 0.71.

Howmet Aerospace (NYSE:HWM) last released its quarterly earnings data on Thursday, August 6th. The company reported $1.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.24 by $0.09. The company had revenue of $2.55 billion during 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%.The business’s revenue was up 24.1% on a year-over-year basis. During the same period last year, the firm 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. On average, equities research analysts anticipate that Howmet Aerospace Inc. will post 5.33 EPS for the current fiscal year.

Howmet Aerospace Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, August 25th. Shareholders of record on Friday, August 7th were issued a $0.14 dividend. This is an increase from Howmet Aerospace’s previous quarterly dividend of $0.12. This represents a $0.56 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Friday, August 7th. Howmet Aerospace’s dividend 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.