VIRGINIA RETIREMENT SYSTEMS ET Al Acquires Shares of 202,800 Howmet Aerospace Inc. $HWM

VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in Howmet Aerospace Inc. (NYSE:HWM) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 202,800 shares of the company’s stock, valued at approximately $54,525,000.

Several other institutional investors have also recently made changes to their positions in the company. Newbridge Financial Services Group Inc. lifted its stake in Howmet Aerospace by 119.7% in the second quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock worth $25,000 after purchasing an additional 73 shares during the last quarter. Acumen Wealth Advisors LLC bought a new position in shares of Howmet Aerospace during the fourth quarter valued at approximately $25,000. West Paces Advisors Inc. bought a new position in shares of Howmet Aerospace during the second quarter valued at approximately $27,000. Cornerstone Financial Management LLC purchased a new stake in shares of Howmet Aerospace in the fourth quarter worth approximately $28,000. Finally, Vermillion & White Wealth Management Group LLC raised its holdings in shares of Howmet Aerospace by 65.1% in 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 during the period. Institutional investors own 90.46% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on HWM. Wells Fargo & Company restated an “outperform” rating and set a $315.00 price objective on shares of Howmet Aerospace in a report on Monday, August 10th. Wall Street Zen lowered Howmet Aerospace from a “strong-buy” rating to a “buy” rating in a research note on Sunday, July 5th. Citigroup reiterated a “buy” rating on shares of Howmet Aerospace in a research report on Tuesday, September 1st. Sanford C. Bernstein boosted their target price on shares of Howmet Aerospace from $318.00 to $328.00 and gave the company an “outperform” rating in a research note on Monday, August 24th. Finally, JPMorgan Chase & Co. upped their price target on shares of Howmet Aerospace from $310.00 to $350.00 and gave the stock an “overweight” rating in a report on Monday, August 10th. One equities research 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’s stock. Based on data from MarketBeat.com, Howmet Aerospace has an average rating of “Moderate Buy” and a consensus price target of $316.22.

Howmet Aerospace Stock Up 0.1%

Shares of NYSE HWM opened at $259.61 on Monday. Howmet Aerospace Inc. has a 52-week low of $173.38 and a 52-week high of $310.00. The firm has a market capitalization of $103.87 billion, a price-to-earnings ratio of 55.95, a PEG ratio of 2.34 and a beta of 1.19. The stock has a 50 day moving average price of $275.44 and a 200 day moving average price of $261.23. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.87 and a current ratio of 1.82.

Howmet Aerospace (NYSE:HWM) last released its quarterly earnings data on Thursday, August 6th. The company reported $1.33 EPS for the quarter, topping the consensus estimate 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 return on equity of 33.91% and a net margin of 20.52%.Howmet Aerospace’s quarterly revenue was up 24.1% on a year-over-year basis. During the same period last year, the business 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. Sell-side analysts expect that Howmet Aerospace Inc. will post 5.33 earnings per share for the current year.

Howmet Aerospace Increases Dividend

The company also recently declared 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. This is an increase from Howmet Aerospace’s previous quarterly dividend of $0.12. This represents a $0.56 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Friday, August 7th. Howmet Aerospace’s payout ratio is 12.07%.

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.