Edmond DE Rothschild Holding S.A. purchased a new stake in Howmet Aerospace Inc. (NYSE:HWM – Free Report) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 2,949 shares of the company’s stock, valued at approximately $793,000.
Several other hedge funds also recently added to or reduced their stakes in HWM. BlackRock Inc. acquired a new stake in Howmet Aerospace during the 2nd quarter worth $12,318,939,000. Norges Bank purchased a new stake in Howmet Aerospace in the fourth quarter valued at $1,793,698,000. Bank of New York Mellon Corp acquired a new position in Howmet Aerospace in the second quarter valued at $1,099,765,000. Price T Rowe Associates Inc. MD boosted its stake in Howmet Aerospace by 27.0% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 16,632,206 shares of the company’s stock valued at $3,409,936,000 after acquiring an additional 3,531,700 shares in the last quarter. Finally, Auto Owners Insurance Co boosted its stake in Howmet Aerospace by 20,402.0% in the fourth quarter. Auto Owners Insurance Co now owns 1,441,906 shares of the company’s stock valued at $29,562,000 after acquiring an additional 1,434,873 shares in the last quarter. 90.46% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
HWM has been the topic of a number of research analyst reports. TD Cowen lifted their target price on Howmet Aerospace from $300.00 to $320.00 and gave the stock a “buy” rating in a research report on Monday, July 13th. Susquehanna upped their target price on Howmet Aerospace from $330.00 to $340.00 and gave the company a “positive” rating in a research report on Friday, August 7th. JPMorgan Chase & Co. raised their price target on Howmet Aerospace from $310.00 to $350.00 and gave the stock an “overweight” rating in a research note on Monday, August 10th. Wall Street Zen lowered Howmet Aerospace from a “strong-buy” rating to a “buy” rating in a research report on Sunday, July 5th. Finally, Wells Fargo & Company reiterated an “outperform” rating and issued a $315.00 price objective on shares of Howmet Aerospace in a research note on Monday, August 10th. 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. Based on data from MarketBeat, Howmet Aerospace has an average rating of “Moderate Buy” and an average price target of $315.67.
Howmet Aerospace Price Performance
Howmet Aerospace stock opened at $273.39 on Friday. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.82 and a quick ratio of 0.87. The business has a 50 day simple moving average of $278.47 and a 200-day simple moving average of $258.53. Howmet Aerospace Inc. has a 12 month low of $170.24 and a 12 month high of $310.00. The stock has a market capitalization of $109.39 billion, a PE ratio of 58.92, a price-to-earnings-growth ratio of 2.03 and a beta of 1.20.
Howmet Aerospace (NYSE:HWM – Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The company reported $1.33 earnings per share for the quarter, beating analysts’ consensus estimates of $1.24 by $0.09. The firm had revenue of $2.55 billion for the quarter, compared to analyst estimates of $2.43 billion. Howmet Aerospace had a net margin of 20.52% and a return on equity of 33.91%. Howmet Aerospace’s quarterly revenue was up 24.1% on a year-over-year basis. During the same period last year, the firm posted $0.91 EPS. 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. Equities analysts predict that Howmet Aerospace Inc. will post 5.33 earnings per share for the current year.
Howmet Aerospace Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, August 25th. Stockholders of record on Friday, August 7th will be issued a $0.14 dividend. The ex-dividend date of this dividend is Friday, August 7th. This is a positive change from Howmet Aerospace’s previous quarterly dividend of $0.12. This represents a $0.56 annualized dividend and a dividend yield of 0.2%. Howmet Aerospace’s payout ratio is presently 12.07%.
About Howmet Aerospace
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.
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