NEOS Investment Management LLC Has $17.44 Million Stock Holdings in Howmet Aerospace Inc. $HWM

NEOS Investment Management LLC raised its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM) by 13.1% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 64,873 shares of the company’s stock after purchasing an additional 7,523 shares during the quarter. NEOS Investment Management LLC’s holdings in Howmet Aerospace were worth $17,442,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. MUFG Securities EMEA plc increased its holdings in shares of Howmet Aerospace by 752.6% in 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 grew its position in shares of 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 purchasing an additional 5,181 shares during the period. Bearing Point Capital LLC grew its position in shares of Howmet Aerospace by 9.5% in the 4th quarter. Bearing Point Capital LLC now owns 54,619 shares of the company’s stock valued at $11,198,000 after purchasing an additional 4,757 shares during the period. Patriot Financial Group Insurance Agency LLC increased its stake in 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 worth $5,609,000 after purchasing an additional 11,878 shares in the last quarter. Finally, Pictet Asset Management Holding SA boosted its holdings in shares of Howmet Aerospace by 28.6% in the first quarter. Pictet Asset Management Holding SA now owns 230,064 shares of the company’s stock valued at $52,984,000 after buying an additional 51,169 shares during the period. 90.46% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

HWM has been the topic of a number of recent research reports. Royal Bank Of Canada lifted their target price on Howmet Aerospace from $325.00 to $350.00 and gave the company an “outperform” rating in a research report on Friday, August 7th. TD Cowen lifted their target price on Howmet Aerospace from $300.00 to $320.00 and gave the company a “buy” rating in a research report on Monday, July 13th. JPMorgan Chase & Co. increased their price target on Howmet Aerospace from $310.00 to $350.00 and gave the company an “overweight” rating in a research report on Monday, August 10th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $320.00 price target on shares of Howmet Aerospace in a research note on Friday, May 8th. Finally, Wall Street Zen cut shares of Howmet Aerospace from a “strong-buy” rating to a “buy” rating in a research note on Sunday, July 5th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $316.22.

Howmet Aerospace Stock Down 0.3%

HWM opened at $259.61 on Friday. 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 stock has a fifty day moving average of $275.44 and a 200-day moving average of $261.15. Howmet Aerospace Inc. has a fifty-two week low of $173.38 and a fifty-two week high of $310.00. The company has a market capitalization of $103.87 billion, a P/E ratio of 55.95, a P/E/G ratio of 2.35 and a beta of 1.19.

Howmet Aerospace (NYSE:HWM) last released its earnings results on Thursday, August 6th. The company reported $1.33 earnings per share for the quarter, topping the consensus estimate of $1.24 by $0.09. The firm 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%.The company’s quarterly revenue was up 24.1% on a year-over-year basis. During the same period in the prior year, the company earned $0.91 earnings per share. 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 expect that Howmet Aerospace Inc. will post 5.33 EPS for the current year.

Howmet Aerospace Increases Dividend

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

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.