Pinnbrook Capital Management LP Purchases Shares of 33,317 Howmet Aerospace Inc. $HWM

Pinnbrook Capital Management LP acquired a new stake in Howmet Aerospace Inc. (NYSE:HWM) in the second quarter, HoldingsChannel reports. The institutional investor acquired 33,317 shares of the company’s stock, valued at approximately $8,958,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. MUFG Securities EMEA plc boosted its stake in Howmet Aerospace by 752.6% in the 4th quarter. MUFG Securities EMEA plc now owns 65,783 shares of the company’s stock valued at $13,487,000 after buying an additional 58,067 shares in the last quarter. M&T Bank Corp grew its position in Howmet Aerospace by 75.0% in the fourth quarter. M&T Bank Corp now owns 42,975 shares of the company’s stock valued at $8,810,000 after acquiring an additional 18,417 shares during the period. Sequoia Financial Advisors LLC raised its stake in Howmet Aerospace by 57.5% during the fourth quarter. Sequoia Financial Advisors LLC now owns 14,190 shares of the company’s stock worth $2,909,000 after acquiring an additional 5,181 shares in the last quarter. Bearing Point Capital LLC raised its stake in Howmet Aerospace by 9.5% during the fourth quarter. Bearing Point Capital LLC now owns 54,619 shares of the company’s stock worth $11,198,000 after acquiring an additional 4,757 shares in the last quarter. Finally, Patriot Financial Group Insurance Agency LLC lifted its holdings in shares of Howmet Aerospace by 95.3% during the first quarter. Patriot Financial Group Insurance Agency LLC now owns 24,338 shares of the company’s stock valued at $5,609,000 after acquiring an additional 11,878 shares during the period. 90.46% of the stock is owned by institutional investors.

Howmet Aerospace Trading Down 0.8%

HWM stock opened at $271.58 on Friday. The business has a fifty day moving average price of $278.62 and a 200 day moving average price of $258.62. Howmet Aerospace Inc. has a fifty-two week low of $170.24 and a fifty-two week high of $310.00. The stock has a market capitalization of $108.66 billion, a price-to-earnings ratio of 58.53, a P/E/G ratio of 1.94 and a beta of 1.20. 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 (NYSE:HWM) last posted its quarterly earnings data on Thursday, August 6th. The company reported $1.33 EPS for the quarter, topping analysts’ consensus estimates of $1.24 by $0.09. The company had revenue of $2.55 billion for the quarter, compared to analyst estimates 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 quarter in the previous year, the firm 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. Analysts expect that Howmet Aerospace Inc. will post 5.33 EPS for the current fiscal year.

Howmet Aerospace Increases Dividend

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

Wall Street Analyst Weigh In

Several brokerages have recently commented on HWM. Weiss Ratings upgraded shares of Howmet Aerospace from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday. UBS Group increased their target price on shares of Howmet Aerospace from $299.00 to $326.00 and gave the stock a “neutral” rating in a research report on Friday, August 7th. Zacks Research upgraded shares of Howmet Aerospace from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 12th. Citigroup reissued a “buy” rating on shares of Howmet Aerospace in a report on Wednesday, August 12th. Finally, Royal Bank Of Canada boosted their price target 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. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, Howmet Aerospace currently has a consensus rating of “Moderate Buy” and a consensus target price of $315.67.

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.