7,834 Shares in Howmet Aerospace Inc. $HWM Bought by Global Retirement Partners LLC

Global Retirement Partners LLC acquired a new stake in shares of Howmet Aerospace Inc. (NYSE:HWMFree Report) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 7,834 shares of the company’s stock, valued at approximately $2,106,000.

A number of other institutional investors have also recently bought and sold shares of the stock. State Street Corp boosted its position in Howmet Aerospace by 2.2% during the 4th quarter. State Street Corp now owns 18,365,429 shares of the company’s stock worth $3,765,280,000 after purchasing an additional 400,767 shares during the period. Price T Rowe Associates Inc. MD raised its position in shares of Howmet Aerospace by 27.0% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 16,632,206 shares of the company’s stock worth $3,409,936,000 after purchasing an additional 3,531,700 shares during the period. Geode Capital Management LLC lifted its position in Howmet Aerospace by 2.0% in the 4th quarter. Geode Capital Management LLC now owns 11,307,538 shares of the company’s stock valued at $2,316,277,000 after purchasing an additional 221,775 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of Howmet Aerospace by 1.7% during the first quarter. Bank of America Corp DE now owns 10,728,447 shares of the company’s stock valued at $2,472,478,000 after purchasing an additional 177,533 shares during the period. Finally, Norges Bank acquired a new stake in Howmet Aerospace in the fourth quarter worth approximately $1,793,698,000. 90.46% of the stock is currently owned by hedge funds and other institutional investors.

Howmet Aerospace Price Performance

Shares of NYSE HWM opened at $289.33 on Monday. The company has a market cap of $115.76 billion, a PE ratio of 62.36, a price-to-earnings-growth ratio of 2.07 and a beta of 1.20. The business’s 50 day moving average price is $276.03 and its two-hundred day moving average price is $256.44. Howmet Aerospace Inc. has a twelve month low of $169.45 and a twelve month high of $310.00. The company has a quick ratio of 0.87, a current ratio of 1.82 and a debt-to-equity ratio of 0.71.

Howmet Aerospace (NYSE:HWMGet Free Report) last announced its earnings results on Thursday, August 6th. The company reported $1.33 earnings per share for the quarter, topping analysts’ consensus estimates of $1.24 by $0.09. The company had revenue of $2.55 billion for the quarter, compared to analyst estimates of $2.43 billion. Howmet Aerospace had a return on equity of 33.91% and a net margin of 20.52%.The firm’s quarterly revenue was up 24.1% compared to the same quarter last year. During the same quarter last 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, analysts predict that Howmet Aerospace Inc. will post 5.33 EPS for the current year.

Howmet Aerospace Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, August 25th. Shareholders of record on Friday, August 7th will be issued a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis 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 payout ratio is presently 12.07%.

Analyst Upgrades and Downgrades

A number of analysts have commented on HWM shares. Royal Bank Of Canada upped their price objective on shares of Howmet Aerospace from $325.00 to $350.00 and gave the company an “outperform” rating in a research note on Friday, August 7th. Wall Street Zen downgraded Howmet Aerospace from a “strong-buy” rating to a “buy” rating in a research note on Sunday, July 5th. UBS Group upped their price target on shares of Howmet Aerospace from $299.00 to $326.00 and gave the company a “neutral” rating in a report on Friday, August 7th. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $318.00 price objective on shares of Howmet Aerospace in a research report on Tuesday, June 16th. Finally, Weiss Ratings downgraded Howmet Aerospace from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $315.67.

Check Out Our Latest Stock Report on Howmet Aerospace

Howmet Aerospace Profile

(Free Report)

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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Institutional Ownership by Quarter for Howmet Aerospace (NYSE:HWM)

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