Quantbot Technologies LP Buys Shares of 8,104 Howmet Aerospace Inc. $HWM

Quantbot Technologies LP purchased a new stake in shares of Howmet Aerospace Inc. (NYSE:HWM) in the second quarter, according to its most recent filing with the SEC. The firm purchased 8,104 shares of the company’s stock, valued at approximately $2,179,000.

Several other institutional investors have also modified their holdings of HWM. West Paces Advisors Inc. purchased a new position in Howmet Aerospace in the 2nd quarter valued at approximately $27,000. Bartlett & CO. Wealth Management LLC boosted its position in Howmet Aerospace by 55.1% during the second quarter. Bartlett & CO. Wealth Management LLC now owns 107 shares of the company’s stock worth $29,000 after purchasing an additional 38 shares in the last quarter. Acumen Wealth Advisors LLC purchased a new stake in Howmet Aerospace during the fourth quarter worth $25,000. Newbridge Financial Services Group Inc. grew its holdings in Howmet Aerospace by 119.7% in the second quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock valued at $25,000 after purchasing an additional 73 shares during the last quarter. Finally, Vermillion & White Wealth Management Group LLC grew its holdings in Howmet Aerospace by 65.1% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 137 shares of the company’s stock valued at $28,000 after purchasing an additional 54 shares during the last quarter. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on HWM. Sanford C. Bernstein raised their price target on Howmet Aerospace from $318.00 to $328.00 and gave the company an “outperform” rating in a research report on Monday. 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. TD Cowen raised their target price on shares of Howmet Aerospace from $300.00 to $320.00 and gave the company a “buy” rating in a report on Monday, July 13th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $320.00 target price on shares of Howmet Aerospace in a report on Friday, May 8th. Finally, JPMorgan Chase & Co. upped their price target on shares of Howmet Aerospace from $310.00 to $350.00 and gave the company an “overweight” rating in a report on Monday, August 10th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, Howmet Aerospace currently has a consensus rating of “Moderate Buy” and a consensus target price of $316.22.

Howmet Aerospace Stock Performance

Howmet Aerospace stock opened at $263.12 on Tuesday. Howmet Aerospace Inc. has a fifty-two week low of $170.81 and a fifty-two week high of $310.00. The company has a market capitalization of $105.28 billion, a price-to-earnings ratio of 56.71, a PEG ratio of 1.94 and a beta of 1.20. The stock has a fifty day moving average of $278.46 and a two-hundred day moving average of $259.33. 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 issued its quarterly earnings data on Thursday, August 6th. The company reported $1.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.24 by $0.09. The business had revenue of $2.55 billion for the quarter, compared to the consensus estimate of $2.43 billion. Howmet Aerospace had a return on equity of 33.91% and a net margin of 20.52%.The business’s revenue was up 24.1% on a year-over-year basis. During the same period in the prior year, the business 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, analysts anticipate that Howmet Aerospace Inc. will post 5.33 EPS for the current fiscal year.

Howmet Aerospace Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, August 25th. Investors of record on Friday, August 7th will be paid a $0.14 dividend. This represents a $0.56 annualized dividend and a yield of 0.2%. 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. Howmet Aerospace’s dividend payout ratio is presently 12.07%.

Howmet Aerospace 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.