Gallo Partners LP Acquires New Holdings in Howmet Aerospace Inc. $HWM

Gallo Partners LP bought a new position in Howmet Aerospace Inc. (NYSE:HWM) during the 2nd quarter, Holdings Channel reports. The institutional investor bought 6,074 shares of the company’s stock, valued at approximately $1,633,000. Howmet Aerospace accounts for about 3.6% of Gallo Partners LP’s holdings, making the stock its 9th largest position.

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

Howmet Aerospace Trading Down 0.0%

Shares of Howmet Aerospace stock opened at $271.58 on Monday. Howmet Aerospace Inc. has a fifty-two week low of $170.24 and a fifty-two week high of $310.00. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.87 and a current ratio of 1.82. The company has a market capitalization of $108.66 billion, a P/E ratio of 58.53, a P/E/G ratio of 1.94 and a beta of 1.20. The company has a fifty day moving average of $278.62 and a 200 day moving average of $258.98.

Howmet Aerospace (NYSE:HWM) last posted its quarterly earnings results on Thursday, August 6th. The company reported $1.33 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 for the quarter, compared to analysts’ expectations of $2.43 billion. During the same period last year, the firm earned $0.91 earnings per share. The business’s quarterly revenue was up 24.1% on a year-over-year basis. 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 earnings per share for the current fiscal year.

Howmet Aerospace Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, August 25th. Investors of record on Friday, August 7th will be paid a dividend of $0.14 per share. This is a boost from Howmet Aerospace’s previous quarterly dividend of $0.12. The ex-dividend date of this dividend is Friday, August 7th. This represents a $0.56 annualized dividend and a yield of 0.2%. Howmet Aerospace’s dividend payout ratio is 12.07%.

Wall Street Analysts Forecast Growth

HWM has been the subject of several analyst reports. Wells Fargo & Company restated an “outperform” rating and issued a $315.00 price objective on shares of Howmet Aerospace in a research note on Monday, August 10th. BNP Paribas Exane reiterated an “outperform” rating and set a $340.00 target price (up from $265.00) on shares of Howmet Aerospace in a research report on Friday, May 8th. Weiss Ratings raised Howmet Aerospace from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $320.00 price target on shares of Howmet Aerospace in a research report on Friday, May 8th. Finally, UBS Group raised their price objective on Howmet Aerospace from $299.00 to $326.00 and gave the stock a “neutral” rating in a research note on Friday, August 7th. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, Howmet Aerospace currently has an average rating of “Moderate Buy” and an average target price of $315.67.

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.