Howmet Aerospace Inc. $HWM Shares Bought by State Street Corp

State Street Corp increased its position in Howmet Aerospace Inc. (NYSE:HWM) by 3.3% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,933,928 shares of the company’s stock after acquiring an additional 612,866 shares during the period. State Street Corp’s holdings in Howmet Aerospace were worth $5,090,576,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the company. Bullseye Investment Management LLC acquired a new stake in Howmet Aerospace in the second quarter valued at $134,000. Sequoia Financial Advisors LLC raised its stake in shares of Howmet Aerospace by 44.1% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 21,778 shares of the company’s stock worth $5,855,000 after buying an additional 6,670 shares during the last quarter. Gemmer Asset Management LLC purchased a new stake in shares of Howmet Aerospace in the 2nd quarter worth about $238,000. National Pension Service boosted its position in shares of Howmet Aerospace by 3.7% in the 2nd quarter. National Pension Service now owns 1,111,079 shares of the company’s stock worth $298,725,000 after buying an additional 39,343 shares in the last quarter. Finally, Pinnacle Wealth Management Advisory Group LLC grew its stake in Howmet Aerospace by 4.6% in the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 8,515 shares of the company’s stock valued at $2,289,000 after acquiring an additional 373 shares during the last quarter. 90.46% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

HWM has been the subject of a number of research reports. JPMorgan Chase & Co. lifted their target price on shares of Howmet Aerospace from $310.00 to $350.00 and gave the stock an “overweight” rating in a research report on Monday, August 10th. Susquehanna raised their price objective on shares of Howmet Aerospace from $330.00 to $340.00 and gave the stock a “positive” rating in a research note on Friday, August 7th. Wall Street Zen downgraded Howmet Aerospace from a “strong-buy” rating to a “buy” rating in a research report on Sunday, July 5th. Morgan Stanley reaffirmed an “overweight” rating and issued a $335.00 target price on shares of Howmet Aerospace in a research note on Monday, August 10th. Finally, Guggenheim started coverage on Howmet Aerospace in a research report on Monday, September 14th. They set a “buy” rating and a $350.00 price target for the company. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, Howmet Aerospace has an average rating of “Buy” and an average price target of $318.00.

Howmet Aerospace Trading Down 0.3%

Shares of Howmet Aerospace stock traded down $0.79 during mid-day trading on Tuesday, hitting $226.58. 1,059,666 shares of the stock were exchanged, compared to its average volume of 2,737,594. Howmet Aerospace Inc. has a twelve month low of $183.83 and a twelve month high of $310.00. The stock has a market capitalization of $90.66 billion, a price-to-earnings ratio of 48.86, a price-to-earnings-growth ratio of 2.07 and a beta of 1.19. The company has a 50-day simple moving average of $266.55 and a 200 day simple moving average of $259.17. 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 (NYSE:HWM) last announced its earnings results on Thursday, August 6th. The company reported $1.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.24 by $0.09. The firm had revenue of $2.55 billion for the quarter, compared to analyst estimates of $2.43 billion. Howmet Aerospace had a net margin of 20.52% and a return on equity of 33.91%. Howmet Aerospace’s revenue was up 24.1% compared to the same quarter last year. During the same quarter 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. Research analysts forecast that Howmet Aerospace Inc. will post 5.33 EPS for the current year.

Howmet Aerospace Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, August 25th. Stockholders of record on Friday, August 7th were issued a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend 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 payout ratio is 12.07%.

About Howmet Aerospace

Howmet Aerospace Inc (NYSE:HWM) is an aerospace and industrial manufacturer that develops and produces engineered components for commercial and defense aircraft, as well as products for transportation, energy and other industrial markets. Its offerings include aircraft engine components, airframe structures, fastening systems and forged aluminum wheels for commercial transportation.

The company’s aerospace products include turbine airfoils, engine casings, structural components and other specialized parts designed to support aircraft performance and efficiency.