732,647 Shares in Howmet Aerospace Inc. $HWM Purchased by Caisse de depot et placement du Quebec

Caisse de depot et placement du Quebec acquired a new position in Howmet Aerospace Inc. (NYSE:HWM) in the 2nd quarter, Holdings Channel reports. The institutional investor acquired 732,647 shares of the company’s stock, valued at approximately $196,979,000.

A number of other institutional investors have also recently bought and sold shares of the business. West Paces Advisors Inc. bought a new position in shares of Howmet Aerospace during the second quarter worth approximately $27,000. Bartlett & CO. Wealth Management LLC raised its position in shares of Howmet Aerospace by 55.1% in the second quarter. Bartlett & CO. Wealth Management LLC now owns 107 shares of the company’s stock valued at $29,000 after buying an additional 38 shares in the last quarter. Acumen Wealth Advisors LLC bought a new stake in shares of Howmet Aerospace in the fourth quarter valued at approximately $25,000. Newbridge Financial Services Group Inc. boosted its stake in shares of Howmet Aerospace by 119.7% in the second quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock valued at $25,000 after buying an additional 73 shares during the period. Finally, Vermillion & White Wealth Management Group LLC grew its position in Howmet Aerospace by 65.1% during the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 137 shares of the company’s stock worth $28,000 after buying an additional 54 shares in the last quarter. Institutional investors own 90.46% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have commented on the company. Royal Bank Of Canada raised their price objective on Howmet Aerospace from $325.00 to $350.00 and gave the stock an “outperform” rating in a research note on Friday, August 7th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $320.00 target price on shares of Howmet Aerospace in a report on Friday, May 8th. Citigroup reaffirmed a “buy” rating on shares of Howmet Aerospace in a research note on Wednesday, August 12th. BTIG Research increased their price objective on shares of Howmet Aerospace from $300.00 to $340.00 and gave the stock a “buy” rating in a research note on Monday, August 10th. Finally, Morgan Stanley reissued an “overweight” rating and issued a $335.00 target price on shares of Howmet Aerospace in a report on Monday, August 10th. 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. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $316.22.

Howmet Aerospace Stock Performance

Howmet Aerospace stock opened at $269.32 on Thursday. The company has a quick ratio of 0.87, a current ratio of 1.82 and a debt-to-equity ratio of 0.71. The stock has a market cap of $107.76 billion, a PE ratio of 58.04, a P/E/G ratio of 1.89 and a beta of 1.20. Howmet Aerospace Inc. has a 12-month low of $170.81 and a 12-month high of $310.00. The business’s 50-day moving average price is $277.90 and its two-hundred day moving average price is $260.14.

Howmet Aerospace (NYSE:HWM) last posted its quarterly earnings results on Thursday, August 6th. The company reported $1.33 earnings per share for the quarter, beating analysts’ consensus estimates of $1.24 by $0.09. The company 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 firm’s quarterly revenue was up 24.1% compared to the same quarter last year. During the same period last year, the company posted $0.91 EPS. 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. As a group, analysts expect that Howmet Aerospace Inc. will post 5.33 earnings per share for the current fiscal year.

Howmet Aerospace Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, August 25th. Shareholders of record on Friday, August 7th were given a $0.14 dividend. This is an increase from Howmet Aerospace’s previous quarterly dividend of $0.12. This represents a $0.56 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date was Friday, August 7th. Howmet Aerospace’s dividend payout ratio (DPR) is 12.07%.

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.