Transamerica Financial Advisors LLC Acquires New Holdings in Howmet Aerospace Inc. $HWM

Transamerica Financial Advisors LLC bought a new position in Howmet Aerospace Inc. (NYSE:HWM) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 47,756 shares of the company’s stock, valued at approximately $12,840,000. Howmet Aerospace makes up approximately 1.1% of Transamerica Financial Advisors LLC’s investment portfolio, making the stock its 19th biggest holding.

A number of other hedge funds have also recently made changes to their positions in HWM. Newbridge Financial Services Group Inc. boosted its stake in Howmet Aerospace by 119.7% during the second quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock valued at $25,000 after buying an additional 73 shares during the period. Acumen Wealth Advisors LLC bought a new position in Howmet Aerospace in the 4th quarter worth about $25,000. West Paces Advisors Inc. bought a new position in Howmet Aerospace in the 2nd quarter worth about $27,000. Cornerstone Financial Management LLC purchased a new stake in shares of Howmet Aerospace in the 4th quarter valued at about $28,000. Finally, Vermillion & White Wealth Management Group LLC raised 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 acquiring an additional 54 shares in the last quarter. 90.46% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. Morgan Stanley reissued an “overweight” rating and set a $335.00 price objective on shares of Howmet Aerospace in a report on Monday, August 10th. Royal Bank Of Canada lifted their target price on shares of Howmet Aerospace from $325.00 to $350.00 and gave the company an “outperform” rating in a research report on Friday, August 7th. TD Cowen boosted their price target on shares of Howmet Aerospace from $300.00 to $320.00 and gave the stock a “buy” rating in a research note on Monday, July 13th. BNP Paribas Exane reissued an “outperform” rating and issued a $340.00 price target (up from $265.00) on shares of Howmet Aerospace in a research note on Friday, May 8th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $320.00 price target on shares of Howmet Aerospace in a report on Friday, May 8th. One research 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 currently has a consensus rating of “Moderate Buy” and a consensus target price of $316.22.

Howmet Aerospace Stock Up 2.0%

Shares of HWM opened at $269.32 on Thursday. The firm has a market cap of $107.76 billion, a P/E ratio of 58.04, a P/E/G ratio of 1.89 and a beta of 1.20. The stock has a 50 day simple moving average of $277.90 and a two-hundred day simple moving average of $260.14. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.82 and a quick ratio of 0.87. Howmet Aerospace Inc. has a 1 year low of $170.81 and a 1 year high of $310.00.

Howmet Aerospace (NYSE:HWM) last issued 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 business 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 quarterly revenue was up 24.1% on a year-over-year basis. During the same period last year, the business earned $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, 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 announced a quarterly dividend, which was paid on Tuesday, August 25th. Investors 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 annualized dividend and a dividend yield of 0.2%. This is an increase from Howmet Aerospace’s previous quarterly dividend of $0.12. Howmet Aerospace’s payout ratio is 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.