Public Employees Retirement System of Ohio Takes Position in Howmet Aerospace Inc. $HWM

Public Employees Retirement System of Ohio purchased a new position in shares of Howmet Aerospace Inc. (NYSE:HWM) during the second quarter, Holdings Channel.com reports. The fund purchased 158,174 shares of the company’s stock, valued at approximately $42,527,000.

Other hedge funds have also made changes to their positions in the company. MUFG Securities EMEA plc raised its stake in shares of Howmet Aerospace by 752.6% during the 4th quarter. MUFG Securities EMEA plc now owns 65,783 shares of the company’s stock worth $13,487,000 after buying an additional 58,067 shares during the last quarter. M&T Bank Corp lifted its stake in Howmet Aerospace by 75.0% in the 4th quarter. M&T Bank Corp now owns 42,975 shares of the company’s stock valued at $8,810,000 after buying an additional 18,417 shares in the last quarter. Sequoia Financial Advisors LLC grew its holdings in Howmet Aerospace by 57.5% during the 4th quarter. Sequoia Financial Advisors LLC now owns 14,190 shares of the company’s stock valued at $2,909,000 after buying an additional 5,181 shares during the last quarter. Bearing Point Capital LLC increased its position in Howmet Aerospace by 9.5% during the fourth quarter. Bearing Point Capital LLC now owns 54,619 shares of the company’s stock worth $11,198,000 after buying an additional 4,757 shares in the last quarter. Finally, Patriot Financial Group Insurance Agency LLC raised its holdings in shares of Howmet Aerospace by 95.3% in the first quarter. Patriot Financial Group Insurance Agency LLC now owns 24,338 shares of the company’s stock worth $5,609,000 after acquiring an additional 11,878 shares during the last quarter. Institutional investors and hedge funds own 90.46% of the company’s stock.

Howmet Aerospace Trading Down 0.7%

Shares of HWM opened at $267.52 on Friday. The stock’s 50-day moving average is $277.68 and its two-hundred day moving average is $260.45. The stock has a market cap of $107.04 billion, a PE ratio of 57.65, a P/E/G ratio of 1.93 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 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 posted its earnings results on Thursday, August 6th. The company reported $1.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.24 by $0.09. Howmet Aerospace had a return on equity of 33.91% and a net margin of 20.52%.The business had revenue of $2.55 billion during the quarter, compared to analyst estimates of $2.43 billion. During the same quarter last year, the firm earned $0.91 earnings per share. The company’s revenue for the quarter was up 24.1% compared to the same quarter last year. 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. Equities analysts forecast that Howmet Aerospace Inc. will post 5.33 earnings per share for the current fiscal year.

Howmet Aerospace Increases Dividend

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

Wall Street Analyst Weigh In

Several analysts have commented on HWM shares. 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. Royal Bank Of Canada increased their price objective on shares of Howmet Aerospace from $325.00 to $350.00 and gave the stock an “outperform” rating in a report on Friday, August 7th. Susquehanna boosted their target price on shares of Howmet Aerospace from $330.00 to $340.00 and gave the company a “positive” rating in a report on Friday, August 7th. Zacks Research raised shares of Howmet Aerospace from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 12th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Howmet Aerospace from $310.00 to $350.00 and gave the company an “overweight” rating in a research note on Monday, August 10th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $316.22.

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.