2,451 Shares in Howmet Aerospace Inc. $HWM Purchased by Livforsakringsbolaget Skandia Omsesidigt

Livforsakringsbolaget Skandia Omsesidigt bought a new position in Howmet Aerospace Inc. (NYSE:HWM) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 2,451 shares of the company’s stock, valued at approximately $659,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Rakuten Investment Management Inc. bought a new stake in Howmet Aerospace during the 2nd quarter valued at $17,589,000. Empowered Funds LLC bought a new position in shares of Howmet Aerospace in the second quarter worth $12,658,000. United Capital Financial Advisors LLC purchased a new stake in Howmet Aerospace during the 2nd quarter worth about $4,374,000. Dearborn Partners LLC bought a new position in Howmet Aerospace in the 2nd quarter worth about $246,000. Finally, Caitlin John LLC bought a new position in Howmet Aerospace in the 2nd quarter worth about $413,000. Institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Stock Performance

Shares of NYSE HWM opened at $264.48 on Friday. The stock’s 50-day moving average is $277.41 and its 200 day moving average is $260.48. The stock has a market cap of $105.82 billion, a price-to-earnings ratio of 57.00, a P/E/G ratio of 1.89 and a beta of 1.20. Howmet Aerospace Inc. has a 1-year low of $170.81 and a 1-year high of $310.00. 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 issued its 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. Howmet Aerospace had a net margin of 20.52% and a return on equity of 33.91%. The company had revenue of $2.55 billion for the quarter, compared to analysts’ expectations of $2.43 billion. During the same quarter last year, the company earned $0.91 EPS. The firm’s revenue 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. On average, sell-side analysts anticipate that Howmet Aerospace Inc. will post 5.33 EPS for the current fiscal year.

Howmet Aerospace Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, August 25th. Shareholders of record on Friday, August 7th were given 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 is currently 12.07%.

Wall Street Analyst Weigh In

HWM has been the topic of a number of recent analyst reports. Morgan Stanley reissued an “overweight” rating and issued a $335.00 price target on shares of Howmet Aerospace in a report on Monday, August 10th. 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. Susquehanna boosted their price target on shares of Howmet Aerospace from $330.00 to $340.00 and gave the company a “positive” rating in a research report on Friday, August 7th. Weiss Ratings raised shares of Howmet Aerospace from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, August 19th. Finally, Wall Street Zen downgraded Howmet Aerospace from a “strong-buy” rating to a “buy” rating in a research report on Sunday, July 5th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Howmet Aerospace currently has a consensus rating of “Moderate Buy” and a consensus target price of $316.22.

Howmet Aerospace Company 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.