Baird Financial Group Inc. Acquires 3,232 Shares of Howmet Aerospace Inc. $HWM

Baird Financial Group Inc. lifted its holdings in Howmet Aerospace Inc. (NYSE:HWM) by 4.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 81,326 shares of the company’s stock after purchasing an additional 3,232 shares during the quarter. Baird Financial Group Inc.’s holdings in Howmet Aerospace were worth $21,865,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of HWM. MUFG Securities EMEA plc boosted its holdings in Howmet Aerospace by 752.6% in the fourth quarter. MUFG Securities EMEA plc now owns 65,783 shares of the company’s stock worth $13,487,000 after purchasing an additional 58,067 shares during the last quarter. Bearing Point Capital LLC raised its stake in Howmet Aerospace by 9.5% during the 4th quarter. Bearing Point Capital LLC now owns 54,619 shares of the company’s stock valued at $11,198,000 after buying an additional 4,757 shares during the last quarter. Patriot Financial Group Insurance Agency LLC raised its stake in Howmet Aerospace by 95.3% during the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 24,338 shares of the company’s stock valued at $5,609,000 after buying an additional 11,878 shares during the last quarter. Pictet Asset Management Holding SA lifted its holdings in shares of Howmet Aerospace by 28.6% during the 1st quarter. Pictet Asset Management Holding SA now owns 230,064 shares of the company’s stock valued at $52,984,000 after buying an additional 51,169 shares during the period. Finally, Allworth Financial LP lifted its holdings in shares of Howmet Aerospace by 123.7% during the 4th quarter. Allworth Financial LP now owns 21,182 shares of the company’s stock valued at $4,343,000 after buying an additional 11,711 shares during the period. 90.46% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on HWM shares. Wells Fargo & Company restated an “outperform” rating and issued a $315.00 price target on shares of Howmet Aerospace in a research note on Monday, August 10th. JPMorgan Chase & Co. upped their price objective on Howmet Aerospace from $310.00 to $350.00 and gave the company an “overweight” rating in a research report on Monday, August 10th. BTIG Research increased their target price on Howmet Aerospace from $300.00 to $340.00 and gave the company a “buy” rating in a report on Monday, August 10th. TD Cowen raised their target price on Howmet Aerospace from $300.00 to $320.00 and gave the stock a “buy” rating in a research report on Monday, July 13th. Finally, Jefferies Financial Group restated a “buy” rating and set a $370.00 price target on shares of Howmet Aerospace in a research note on Sunday, August 9th. One equities research 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, Howmet Aerospace presently has a consensus rating of “Moderate Buy” and an average target price of $316.22.

Howmet Aerospace Price Performance

NYSE HWM opened at $229.16 on Friday. The company has a market capitalization of $91.69 billion, a PE ratio of 49.39, a price-to-earnings-growth ratio of 2.06 and a beta of 1.19. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.87 and a current ratio of 1.82. The business’s fifty day moving average is $272.11 and its 200 day moving average is $260.58. Howmet Aerospace Inc. has a fifty-two week low of $182.78 and a fifty-two week 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, topping analysts’ consensus estimates of $1.24 by $0.09. The business had revenue of $2.55 billion during the quarter, compared to analysts’ expectations of $2.43 billion. Howmet Aerospace had a return on equity of 33.91% and a net margin of 20.52%.The business’s quarterly revenue was up 24.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $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. Sell-side analysts predict that Howmet Aerospace Inc. will post 5.33 earnings per share for the current year.

Howmet Aerospace Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, August 25th. Shareholders of record on Friday, August 7th were issued a dividend of $0.14 per share. This is an increase from Howmet Aerospace’s previous quarterly dividend of $0.12. This represents a $0.56 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Friday, August 7th. Howmet Aerospace’s payout ratio is presently 12.07%.

Howmet Aerospace Company Profile

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.