Capstone Capital Management Ltd Makes New $738,000 Investment in Howmet Aerospace Inc. $HWM

Capstone Capital Management Ltd bought a new position in shares of Howmet Aerospace Inc. (NYSE:HWM) in the 3rd quarter, Holdings Channel.com reports. The fund bought 3,264 shares of the company’s stock, valued at approximately $738,000.

Several other large investors also recently bought and sold shares of HWM. BlackRock Inc. purchased a new position in shares of Howmet Aerospace in the 2nd quarter valued at about $12,318,939,000. State Street Corp grew its position in shares of Howmet Aerospace by 3.3% during the second quarter. State Street Corp now owns 18,933,928 shares of the company’s stock worth $5,090,576,000 after buying an additional 612,866 shares in the last quarter. Bank of America Corp DE grew its position in shares of Howmet Aerospace by 1.7% during the first quarter. Bank of America Corp DE now owns 10,728,447 shares of the company’s stock worth $2,472,478,000 after buying an additional 177,533 shares in the last quarter. Jupiter Topco LLC purchased a new stake in shares of Howmet Aerospace during the second quarter worth approximately $2,065,086,000. Finally, Bank of New York Mellon Corp purchased a new stake in shares of Howmet Aerospace during the second quarter worth approximately $1,099,765,000. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Trading Down 3.8%

NYSE:HWM opened at $211.67 on Wednesday. The stock has a 50-day simple moving average of $242.59 and a 200-day simple moving average of $256.83. The stock has a market cap of $84.69 billion, a P/E ratio of 48.36, a P/E/G ratio of 1.98 and a beta of 1.21. Howmet Aerospace Inc. has a 1 year low of $188.83 and a 1 year 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.

Howmet Aerospace (NYSE:HWM) last released its quarterly earnings data 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 the consensus estimate of $2.43 billion. During the same quarter in the prior year, the business posted $0.91 EPS. The business’s revenue for the quarter 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, analysts anticipate that Howmet Aerospace Inc. will post 5.34 earnings per share for the current fiscal year.

Howmet Aerospace Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 25th. Investors of record on Friday, November 6th will be issued a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend is Friday, November 6th. Howmet Aerospace’s dividend payout ratio is 12.07%.

Analysts Set New Price Targets

Several analysts recently weighed in on the stock. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $298.00 target price (down from $328.00) on shares of Howmet Aerospace in a report on Wednesday, October 7th. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Howmet Aerospace from $338.00 to $343.00 and gave the stock a “buy” rating in a report on Friday, August 7th. Royal Bank Of Canada dropped their price objective on shares of Howmet Aerospace from $350.00 to $300.00 and set an “outperform” rating on the stock in a research report on Thursday, October 15th. Susquehanna increased their price objective 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. Finally, BNP Paribas Exane reduced their price objective on shares of Howmet Aerospace from $345.00 to $310.00 and set an “outperform” rating on the stock in a report on Tuesday, October 6th. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $310.29.

About Howmet Aerospace

Howmet Aerospace Inc (NYSE:HWM) is a global manufacturer of advanced engineered products and materials primarily serving the aerospace, defense, commercial transportation and industrial markets. The company develops components designed to operate in demanding environments where strength, durability and weight reduction are important.

Howmet’s product portfolio includes aircraft engine components, airframe structures, titanium and nickel-based forgings, fastening systems and wheels for commercial vehicles.