Invst LLC bought a new stake in Howmet Aerospace Inc. (NYSE:HWM – Free Report) during the second quarter, Holdings Channel.com reports. The firm bought 2,294 shares of the company’s stock, valued at approximately $617,000.
Other hedge funds and other institutional investors also recently modified their holdings of the company. MUFG Securities EMEA plc increased its position 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 acquiring an additional 58,067 shares during the period. M&T Bank Corp raised its stake in Howmet Aerospace by 75.0% during the 4th 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 in the last quarter. Sequoia Financial Advisors LLC boosted its position in Howmet Aerospace by 57.5% during the 4th 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 during the period. Bearing Point Capital LLC boosted its position in Howmet Aerospace by 9.5% during the 4th 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 during the period. Finally, Patriot Financial Group Insurance Agency LLC grew its stake in shares of Howmet Aerospace by 95.3% in the first quarter. Patriot Financial Group Insurance Agency LLC now owns 24,338 shares of the company’s stock worth $5,609,000 after purchasing an additional 11,878 shares in the last quarter. Institutional investors and hedge funds own 90.46% of the company’s stock.
Analyst Upgrades and Downgrades
HWM has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $320.00 price target on shares of Howmet Aerospace in a report on Friday, May 8th. Citigroup reiterated a “buy” rating on shares of Howmet Aerospace in a research report on Wednesday, August 12th. Royal Bank Of Canada raised their target price on shares of Howmet Aerospace from $325.00 to $350.00 and gave the company an “outperform” rating in a research note on Friday, August 7th. Wells Fargo & Company restated an “outperform” rating and set a $315.00 price target on shares of Howmet Aerospace in a research report on Monday, August 10th. Finally, UBS Group upped their price target on shares of Howmet Aerospace from $299.00 to $326.00 and gave the stock a “neutral” rating in a research note on Friday, August 7th. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $316.22.
Howmet Aerospace Stock Performance
NYSE:HWM opened at $264.17 on Wednesday. Howmet Aerospace Inc. has a twelve month low of $170.81 and a twelve month high of $310.00. The company has a current ratio of 1.82, a quick ratio of 0.87 and a debt-to-equity ratio of 0.71. The company has a 50-day moving average of $278.18 and a 200-day moving average of $259.72. The firm has a market cap of $105.70 billion, a price-to-earnings ratio of 56.93, a price-to-earnings-growth ratio of 1.88 and a beta of 1.20.
Howmet Aerospace (NYSE:HWM – Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The company reported $1.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.24 by $0.09. Howmet Aerospace had a net margin of 20.52% and a return on equity of 33.91%. The company had revenue of $2.55 billion for the quarter, compared to analysts’ expectations of $2.43 billion. During the same quarter in the previous year, the company posted $0.91 EPS. The business’s revenue 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. 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 declared a quarterly dividend, which was paid on Tuesday, August 25th. Shareholders of record on Friday, August 7th were given a $0.14 dividend. This represents a $0.56 annualized dividend and a yield of 0.2%. This is a positive change from Howmet Aerospace’s previous quarterly dividend of $0.12. The ex-dividend date was Friday, August 7th. Howmet Aerospace’s dividend payout ratio (DPR) is presently 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.
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