Raiffeisen Bank International AG cut its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM – Free Report) by 97.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 120 shares of the company’s stock after selling 4,248 shares during the period. Raiffeisen Bank International AG’s holdings in Howmet Aerospace were worth $32,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in HWM. MUFG Securities EMEA plc increased its position in shares of Howmet Aerospace by 752.6% during the fourth quarter. MUFG Securities EMEA plc now owns 65,783 shares of the company’s stock worth $13,487,000 after acquiring an additional 58,067 shares in the last quarter. Sequoia Financial Advisors LLC lifted its position in Howmet Aerospace by 57.5% in the 4th quarter. Sequoia Financial Advisors LLC now owns 14,190 shares of the company’s stock valued at $2,909,000 after acquiring an additional 5,181 shares in the last quarter. Patriot Financial Group Insurance Agency LLC lifted its position in Howmet Aerospace by 95.3% in 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 acquiring an additional 11,878 shares in the last quarter. Bearing Point Capital LLC boosted its stake in Howmet Aerospace by 9.5% in the 4th quarter. Bearing Point Capital LLC now owns 54,619 shares of the company’s stock worth $11,198,000 after purchasing an additional 4,757 shares during the period. Finally, Pictet Asset Management Holding SA boosted its stake in Howmet Aerospace by 28.6% in the 1st quarter. Pictet Asset Management Holding SA now owns 230,064 shares of the company’s stock worth $52,984,000 after purchasing an additional 51,169 shares during the period. 90.46% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
HWM has been the topic of several recent research reports. Wall Street Zen downgraded Howmet Aerospace from a “strong-buy” rating to a “buy” rating in a research note on Sunday, July 5th. TD Cowen upped their price objective on Howmet Aerospace from $300.00 to $320.00 and gave the stock a “buy” rating in a research report on Monday, July 13th. Royal Bank Of Canada increased their price objective on Howmet Aerospace from $325.00 to $350.00 and gave the stock an “outperform” rating in a report on Friday, August 7th. Sanford C. Bernstein lifted their target price on Howmet Aerospace from $318.00 to $328.00 and gave the company an “outperform” rating in a research report on Monday, August 24th. Finally, BTIG Research lifted their target price on Howmet Aerospace from $300.00 to $340.00 and gave the company a “buy” rating in a research report on Monday, August 10th. One investment 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 stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $316.22.
Howmet Aerospace Stock Up 0.1%
Shares of HWM stock opened at $259.61 on Monday. The firm’s fifty day moving average price is $275.44 and its two-hundred day moving average price is $261.23. 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 Inc. has a 1 year low of $173.38 and a 1 year high of $310.00. The firm has a market capitalization of $103.87 billion, a P/E ratio of 55.95, a PEG ratio of 2.34 and a beta of 1.19.
Howmet Aerospace (NYSE:HWM – Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The company reported $1.33 earnings per share for the quarter, beating the consensus estimate of $1.24 by $0.09. The company 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%.Howmet Aerospace’s revenue for the quarter was up 24.1% compared to the same quarter last year. During the same quarter last year, the company earned $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. On average, equities analysts predict that Howmet Aerospace Inc. will post 5.33 EPS for the current fiscal year.
Howmet Aerospace Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, August 25th. Stockholders of record on Friday, August 7th were paid a dividend of $0.14 per share. The ex-dividend date was Friday, August 7th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.2%. This is an increase from Howmet Aerospace’s previous quarterly dividend of $0.12. Howmet Aerospace’s dividend payout ratio (DPR) is currently 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.
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