Vontobel Holding Ltd. lessened its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM – Free Report) by 33.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 35,552 shares of the company’s stock after selling 17,859 shares during the quarter. Vontobel Holding Ltd.’s holdings in Howmet Aerospace were worth $8,041,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Patriot Financial Group Insurance Agency LLC grew its position in shares of Howmet Aerospace by 95.3% in the first quarter. Patriot Financial Group Insurance Agency LLC now owns 24,338 shares of the company’s stock valued at $5,609,000 after purchasing an additional 11,878 shares during the last quarter. Man Group plc acquired a new stake in Howmet Aerospace during the 2nd quarter worth approximately $104,566,000. Pictet Asset Management Holding SA lifted its holdings in Howmet Aerospace by 28.6% during the 1st quarter. Pictet Asset Management Holding SA now owns 230,064 shares of the company’s stock worth $52,984,000 after purchasing an additional 51,169 shares during the last quarter. State Street Corp lifted its holdings in Howmet Aerospace by 3.3% during the 2nd quarter. State Street Corp now owns 18,933,928 shares of the company’s stock worth $5,090,576,000 after purchasing an additional 612,866 shares during the last quarter. Finally, QRG Capital Management Inc. boosted its stake in Howmet Aerospace by 162.8% in the 1st quarter. QRG Capital Management Inc. now owns 59,956 shares of the company’s stock valued at $13,817,000 after purchasing an additional 37,141 shares during the period. Institutional investors own 90.46% of the company’s stock.
Howmet Aerospace Stock Performance
NYSE HWM opened at $220.91 on Friday. The firm’s 50 day simple moving average is $245.22 and its 200 day simple moving average is $256.84. The firm has a market capitalization of $88.39 billion, a price-to-earnings ratio of 47.61, a P/E/G ratio of 1.99 and a beta of 1.21. The company has a current ratio of 1.82, a quick ratio of 0.87 and a debt-to-equity ratio of 0.71. Howmet Aerospace Inc. has a 1 year low of $187.46 and a 1 year high of $310.00.
Howmet Aerospace (NYSE:HWM – Get Free Report) 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 5.34 earnings per share for the current fiscal year.
Howmet Aerospace Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 25th. Shareholders 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 dividend yield of 0.3%. The ex-dividend date of this dividend is Friday, November 6th. Howmet Aerospace’s dividend payout ratio (DPR) is currently 12.07%.
Analyst Upgrades and Downgrades
HWM has been the topic of a number of research reports. Susquehanna upped their price objective on Howmet Aerospace from $330.00 to $340.00 and gave the company a “positive” rating in a report on Friday, August 7th. BNP Paribas Exane lowered their price objective on Howmet Aerospace from $345.00 to $310.00 and set an “outperform” rating on the stock in a research report on Tuesday, October 6th. Jefferies Financial Group reissued a “buy” rating and set a $370.00 target price (up from $340.00) on shares of Howmet Aerospace in a report on Sunday, August 9th. TD Cowen reduced their target price on shares of Howmet Aerospace from $320.00 to $280.00 and set a “buy” rating for the company in a research report on Friday, October 9th. Finally, Wall Street Zen cut shares of Howmet Aerospace from a “strong-buy” rating to a “buy” rating in a research report on Sunday, July 5th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, Howmet Aerospace currently has a consensus rating of “Moderate Buy” and an average target price of $310.29.
Read Our Latest Analysis on HWM
Howmet Aerospace Profile
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.
See Also
- Five stocks we like better than Howmet Aerospace
- Rocket Lab’s Neutron Delay Leaves Wall Street Bullish But Raises the Stakes for 2027
- ManpowerGroup Stock Sinks on Q3 Results, But Fundamentals Stay Solid
- Does the AI Selloff Put Alphabet’s Breakout in Doubt?
- Bank Earnings Are Mixed—These 2 ETFs Offer Very Different Paths to a Recovery
Want to see what other hedge funds are holding HWM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Howmet Aerospace Inc. (NYSE:HWM – Free Report).
Receive News & Ratings for Howmet Aerospace Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Howmet Aerospace and related companies with MarketBeat.com's FREE daily email newsletter.
