Brasada Capital Management LP Takes $8.48 Million Position in Howmet Aerospace Inc. $HWM

Brasada Capital Management LP purchased a new position in shares of Howmet Aerospace Inc. (NYSE:HWM) during the 2nd quarter, HoldingsChannel reports. The institutional investor purchased 31,556 shares of the company’s stock, valued at approximately $8,484,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. West Paces Advisors Inc. acquired a new stake in Howmet Aerospace in the 2nd quarter valued at about $27,000. Bartlett & CO. Wealth Management LLC raised its stake in shares of Howmet Aerospace by 55.1% in the second quarter. Bartlett & CO. Wealth Management LLC now owns 107 shares of the company’s stock worth $29,000 after acquiring an additional 38 shares during the last quarter. Acumen Wealth Advisors LLC acquired a new position in shares of Howmet Aerospace during the fourth quarter worth approximately $25,000. Newbridge Financial Services Group Inc. lifted its position in shares of 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. Finally, Vermillion & White Wealth Management Group LLC lifted its position in shares of Howmet Aerospace by 65.1% during the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 137 shares of the company’s stock worth $28,000 after purchasing an additional 54 shares in the last quarter. Institutional investors and hedge funds own 90.46% of the company’s stock.

Howmet Aerospace Stock Down 0.7%

Shares of NYSE HWM opened at $267.52 on Friday. The firm has a market capitalization of $107.04 billion, a PE ratio of 57.65, a price-to-earnings-growth ratio of 1.93 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 Inc. has a 1 year low of $170.81 and a 1 year high of $310.00. The firm’s 50-day moving average is $277.68 and its 200-day moving average is $260.45.

Howmet Aerospace (NYSE:HWM) last posted its quarterly earnings results on Thursday, August 6th. The company reported $1.33 earnings per share for the quarter, topping analysts’ consensus estimates of $1.24 by $0.09. Howmet Aerospace had a net margin of 20.52% and a return on equity of 33.91%. The business had revenue of $2.55 billion during the quarter, compared to the consensus estimate of $2.43 billion. During the same period in the previous year, the firm posted $0.91 earnings per share. Howmet Aerospace’s revenue for the quarter was up 24.1% compared to the same quarter last year. 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 expect that Howmet Aerospace Inc. will post 5.33 EPS for the current year.

Howmet Aerospace Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, August 25th. Shareholders of record on Friday, August 7th were issued a dividend of $0.14 per share. The ex-dividend date of this dividend was Friday, August 7th. This represents a $0.56 dividend on an annualized basis and a yield of 0.2%. This is a boost from Howmet Aerospace’s previous quarterly dividend of $0.12. Howmet Aerospace’s dividend payout ratio (DPR) is presently 12.07%.

Analyst Upgrades and Downgrades

HWM has been the subject of a number of research reports. BTIG Research raised their price target 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. Jefferies Financial Group reaffirmed a “buy” rating and set a $370.00 price objective on shares of Howmet Aerospace in a report on Sunday, August 9th. Zacks Research raised Howmet Aerospace from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 12th. Sanford C. Bernstein increased their price objective on Howmet Aerospace from $318.00 to $328.00 and gave the company an “outperform” rating in a research report on Monday. Finally, JPMorgan Chase & Co. lifted their target price on Howmet Aerospace from $310.00 to $350.00 and gave the company an “overweight” rating in a research note on Monday, August 10th. 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. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $316.22.

Howmet Aerospace 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.