Quartz Partners LLC Takes $493,000 Position in Howmet Aerospace Inc. $HWM

Quartz Partners LLC acquired a new stake in shares of Howmet Aerospace Inc. (NYSE:HWM) during the second quarter, Holdings Channel reports. The firm acquired 1,834 shares of the company’s stock, valued at approximately $493,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in HWM. Brighton Jones LLC lifted its position in Howmet Aerospace by 5.4% in the fourth quarter. Brighton Jones LLC now owns 2,548 shares of the company’s stock worth $279,000 after purchasing an additional 130 shares during the period. Acadian Asset Management LLC acquired a new position in shares of Howmet Aerospace during the 1st quarter valued at $399,000. Sivia Capital Partners LLC bought a new position in Howmet Aerospace during the second quarter valued at about $216,000. Brown Advisory Inc. grew its holdings in Howmet Aerospace by 31.0% during the second quarter. Brown Advisory Inc. now owns 4,180 shares of the company’s stock worth $778,000 after acquiring an additional 990 shares during the period. Finally, Cary Street Partners Financial LLC acquired a new position in Howmet Aerospace during the second quarter worth about $145,000. Institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Stock Down 3.1%

Shares of Howmet Aerospace stock opened at $283.47 on Thursday. The firm has a market cap of $113.42 billion, a price-to-earnings ratio of 61.09, a P/E/G ratio of 2.09 and a beta of 1.20. The stock has a 50-day simple moving average of $278.29 and a 200-day simple moving average of $258.07. Howmet Aerospace Inc. has a 52-week low of $169.45 and a 52-week high of $310.00. 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 released 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 firm had revenue of $2.55 billion for the quarter, compared to the consensus estimate of $2.43 billion. Howmet Aerospace had a return on equity of 33.91% and a net margin of 20.52%.The firm’s revenue was up 24.1% on a year-over-year basis. During the same quarter in the prior year, the company 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. On average, equities research analysts expect 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 will be paid on Tuesday, August 25th. Stockholders of record on Friday, August 7th will be paid a dividend of $0.14 per share. This is a positive change from Howmet Aerospace’s previous quarterly dividend of $0.12. The ex-dividend date is Friday, August 7th. This represents a $0.56 annualized dividend and a dividend yield of 0.2%. Howmet Aerospace’s dividend payout ratio (DPR) is currently 12.07%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the stock. Jefferies Financial Group reissued a “buy” rating and issued a $370.00 price target on shares of Howmet Aerospace in a report on Sunday, August 9th. BNP Paribas Exane reissued an “outperform” rating and set a $340.00 target price (up from $265.00) on shares of Howmet Aerospace in a research note on Friday, May 8th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $320.00 target price on shares of Howmet Aerospace in a report on Friday, May 8th. Zacks Research upgraded shares of Howmet Aerospace from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 12th. Finally, Weiss Ratings cut Howmet Aerospace from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $315.67.

About Howmet Aerospace

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.