Sculptor Capital LP Acquires New Shares in Howmet Aerospace Inc. $HWM

Sculptor Capital LP bought a new stake in shares of Howmet Aerospace Inc. (NYSE:HWM) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 246,000 shares of the company’s stock, valued at approximately $66,140,000.

Several other institutional investors also recently modified their holdings of HWM. BlackRock Inc. bought a new position in Howmet Aerospace during the 2nd quarter valued at about $12,318,939,000. Norges Bank bought a new stake in shares of Howmet Aerospace in the fourth quarter worth approximately $1,793,698,000. Jupiter Topco LLC purchased a new position in shares of Howmet Aerospace during the second quarter valued at approximately $2,065,086,000. Bank of New York Mellon Corp purchased a new position in shares of Howmet Aerospace during the second quarter valued at approximately $1,099,765,000. Finally, Price T Rowe Associates Inc. MD lifted its position in Howmet Aerospace by 27.0% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 16,632,206 shares of the company’s stock valued at $3,409,936,000 after purchasing an additional 3,531,700 shares during the period. 90.46% of the stock is owned by hedge funds and other institutional investors.

Howmet Aerospace Stock Up 0.3%

Shares of HWM stock opened at $264.17 on Wednesday. Howmet Aerospace Inc. has a 12 month low of $170.81 and a 12 month high of $310.00. The stock has a market cap of $105.70 billion, a P/E ratio of 56.93, a P/E/G ratio of 1.88 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. The company has a 50 day simple moving average of $278.18 and a two-hundred day simple moving average of $259.72.

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

Howmet Aerospace Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, August 25th. Investors of record on Friday, August 7th were issued a $0.14 dividend. 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 an increase from Howmet Aerospace’s previous quarterly dividend of $0.12. Howmet Aerospace’s payout ratio is 12.07%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on HWM. Morgan Stanley restated an “overweight” rating and issued a $335.00 target price on shares of Howmet Aerospace in a report on Monday, August 10th. TD Cowen increased their price target on Howmet Aerospace from $300.00 to $320.00 and gave the company a “buy” rating in a report on Monday, July 13th. BTIG Research raised their price target on Howmet Aerospace from $300.00 to $340.00 and gave the stock a “buy” rating in a research note on Monday, August 10th. JPMorgan Chase & Co. lifted their price objective on Howmet Aerospace from $310.00 to $350.00 and gave the stock an “overweight” rating in a report on Monday, August 10th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $320.00 target price on shares of Howmet Aerospace in a report on Friday, May 8th. One 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 stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average 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.