Bristol Gate Capital Partners Inc. Makes New Investment in Howmet Aerospace Inc. $HWM

Bristol Gate Capital Partners Inc. acquired a new stake in Howmet Aerospace Inc. (NYSE:HWM) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor acquired 236,753 shares of the company’s stock, valued at approximately $63,654,000. Howmet Aerospace accounts for about 4.4% of Bristol Gate Capital Partners Inc.’s holdings, making the stock its 11th largest position.

Several other large investors also recently modified their holdings of the stock. Hsbc Holdings PLC acquired a new stake in shares of Howmet Aerospace during the 2nd quarter worth about $229,496,000. EFG International AG bought a new position in Howmet Aerospace in the 2nd quarter valued at about $9,149,000. Ancora Advisors LLC lifted its position in Howmet Aerospace by 460.8% during the second quarter. Ancora Advisors LLC now owns 544 shares of the company’s stock worth $146,000 after acquiring an additional 447 shares during the last quarter. PDT Partners LLC acquired a new stake in Howmet Aerospace during the second quarter worth approximately $9,297,000. Finally, Canada Pension Plan Investment Board bought a new stake in shares of Howmet Aerospace during the second quarter worth approximately $103,833,000. 90.46% of the stock is owned by institutional investors.

Howmet Aerospace Stock Performance

NYSE HWM opened at $264.17 on Wednesday. The company has a current ratio of 1.82, a quick ratio of 0.87 and a debt-to-equity ratio of 0.71. The firm has a market capitalization of $105.70 billion, a price-to-earnings ratio of 56.93, a P/E/G ratio of 1.88 and a beta of 1.20. The firm’s 50 day simple moving average is $278.18 and its 200 day simple moving average is $259.72. Howmet Aerospace Inc. has a 1 year low of $170.81 and a 1 year high of $310.00.

Howmet Aerospace (NYSE:HWM) last announced its quarterly earnings data on Thursday, August 6th. The company reported $1.33 EPS for the quarter, beating the consensus estimate of $1.24 by $0.09. Howmet Aerospace had a net margin of 20.52% and a return on equity of 33.91%. The business had revenue of $2.55 billion during the quarter, compared to the consensus estimate of $2.43 billion. During the same period in the previous year, the business earned $0.91 earnings per share. The company’s 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. As a group, research analysts expect that Howmet Aerospace Inc. will post 5.33 earnings per share for the current fiscal year.

Howmet Aerospace Increases Dividend

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

Analyst Ratings Changes

Several equities analysts have recently commented on HWM shares. Wall Street Zen downgraded Howmet Aerospace from a “strong-buy” rating to a “buy” rating in a research report on Sunday, July 5th. UBS Group boosted their price target on Howmet Aerospace from $299.00 to $326.00 and gave the company a “neutral” rating in a research note on Friday, August 7th. Royal Bank Of Canada upped their price objective on Howmet Aerospace from $325.00 to $350.00 and gave the company an “outperform” rating in a report on Friday, August 7th. TD Cowen increased 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. Finally, Jefferies Financial Group reissued a “buy” rating and set a $370.00 target price on shares of Howmet Aerospace in a report on Sunday, August 9th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target 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.