Howmet Aerospace Inc. $HWM Shares Bought by NewEdge Advisors LLC

NewEdge Advisors LLC boosted its position in Howmet Aerospace Inc. (NYSE:HWM) by 9.2% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 70,463 shares of the company’s stock after purchasing an additional 5,956 shares during the period. NewEdge Advisors LLC’s holdings in Howmet Aerospace were worth $18,945,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Baird Financial Group Inc. increased its position in shares of Howmet Aerospace by 4.1% in the second quarter. Baird Financial Group Inc. now owns 81,326 shares of the company’s stock valued at $21,865,000 after buying an additional 3,232 shares in the last quarter. Arizona State Retirement System boosted its position in shares of Howmet Aerospace by 6.3% in the 2nd quarter. Arizona State Retirement System now owns 111,254 shares of the company’s stock worth $29,912,000 after buying an additional 6,612 shares in the last quarter. Empirical Finance LLC grew its stake in Howmet Aerospace by 3.7% in the 2nd quarter. Empirical Finance LLC now owns 13,426 shares of the company’s stock valued at $3,610,000 after acquiring an additional 484 shares during the last quarter. Nykredit A S purchased a new position in Howmet Aerospace during the 2nd quarter valued at about $44,694,000. Finally, Range Advisory LLC purchased a new position in Howmet Aerospace during the 2nd quarter valued at about $286,000. 90.46% of the stock is owned by institutional investors and hedge funds.

Howmet Aerospace Stock Down 1.9%

Shares of NYSE HWM opened at $228.20 on Friday. The stock has a market capitalization of $91.30 billion, a PE ratio of 49.18, a P/E/G ratio of 2.10 and a beta of 1.19. The company has a quick ratio of 0.87, a current ratio of 1.82 and a debt-to-equity ratio of 0.71. The firm has a fifty day moving average of $272.94 and a 200-day moving average of $260.80. Howmet Aerospace Inc. has a 52-week low of $181.36 and a 52-week high of $310.00.

Howmet Aerospace (NYSE:HWM) last issued 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. 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 analyst estimates of $2.43 billion. During the same period last year, the company posted $0.91 EPS. The business’s quarterly 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. On average, analysts anticipate that Howmet Aerospace Inc. will post 5.33 EPS for the current year.

Howmet Aerospace Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, August 25th. Stockholders of record on Friday, August 7th were issued a $0.14 dividend. This is a positive change from Howmet Aerospace’s previous quarterly dividend of $0.12. The ex-dividend date was Friday, August 7th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.2%. Howmet Aerospace’s dividend payout ratio (DPR) is 12.07%.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. Zacks Research raised shares of Howmet Aerospace from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 12th. Jefferies Financial Group restated a “buy” rating and set a $370.00 price objective on shares of Howmet Aerospace in a research report on Sunday, August 9th. BTIG Research increased their price objective on Howmet Aerospace from $300.00 to $340.00 and gave the company a “buy” rating in a research note on Monday, August 10th. Weiss Ratings upgraded Howmet Aerospace from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, August 19th. Finally, Morgan Stanley reissued an “overweight” rating and issued a $335.00 target price on shares of Howmet Aerospace in a research note 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 assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $316.22.

About Howmet Aerospace

Howmet Aerospace Inc (NYSE:HWM) is an aerospace and industrial manufacturer that develops and produces engineered components for commercial and defense aircraft, as well as products for transportation, energy and other industrial markets. Its offerings include aircraft engine components, airframe structures, fastening systems and forged aluminum wheels for commercial transportation.

The company’s aerospace products include turbine airfoils, engine casings, structural components and other specialized parts designed to support aircraft performance and efficiency.