Vega Investment Solutions Invests $674,000 in Howmet Aerospace Inc. $HWM

Vega Investment Solutions bought a new stake in Howmet Aerospace Inc. (NYSE:HWM) during the second quarter, HoldingsChannel.com reports. The fund bought 2,507 shares of the company’s stock, valued at approximately $674,000.

Several other hedge funds have also bought and sold shares of the company. Partners Capital Investment Group LLP acquired a new stake in Howmet Aerospace in the 2nd quarter valued at about $1,936,000. Dearborn Partners LLC acquired a new position in Howmet Aerospace during the second quarter worth approximately $211,000. Algert Global LLC raised its stake in Howmet Aerospace by 40.5% in the second quarter. Algert Global LLC now owns 7,297 shares of the company’s stock valued at $1,962,000 after buying an additional 2,105 shares during the period. Gallo Partners LP bought a new stake in Howmet Aerospace in the second quarter valued at approximately $1,633,000. Finally, Investor s Fiduciary Advisor Network LLC acquired a new stake in shares of Howmet Aerospace in the second quarter valued at approximately $328,000. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Howmet Aerospace Trading Down 3.1%

Shares of NYSE:HWM opened at $263.12 on Tuesday. Howmet Aerospace Inc. has a 12-month low of $170.81 and a 12-month high of $310.00. The stock has a market cap of $105.28 billion, a PE ratio of 56.71, a P/E/G ratio of 1.94 and a beta of 1.20. The business has a 50 day moving average of $278.46 and a 200-day moving average of $259.33. 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:HWM) last posted its earnings results on Thursday, August 6th. The company reported $1.33 EPS for the quarter, beating the consensus estimate of $1.24 by $0.09. The company 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 firm’s revenue for the quarter was up 24.1% on a year-over-year basis. During the same quarter 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. As a group, equities research analysts forecast that Howmet Aerospace Inc. will post 5.33 earnings per share for the current year.

Howmet Aerospace Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 25th. Shareholders 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 represents a $0.56 dividend on an annualized basis and a yield of 0.2%. This is a positive change from Howmet Aerospace’s previous quarterly dividend of $0.12. Howmet Aerospace’s payout ratio is currently 12.07%.

Analyst Ratings Changes

Several brokerages have recently commented on HWM. Zacks Research upgraded Howmet Aerospace from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 12th. UBS Group increased their price target on Howmet Aerospace from $299.00 to $326.00 and gave the company a “neutral” rating in a research note on Friday, August 7th. 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 report on Monday. BNP Paribas Exane reaffirmed an “outperform” rating and set a $340.00 price objective (up from $265.00) on shares of Howmet Aerospace in a research report on Friday, May 8th. Finally, Morgan Stanley reiterated an “overweight” rating and issued a $335.00 price objective on shares of Howmet Aerospace in a report on Monday, August 10th. 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 MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $316.22.

Howmet Aerospace Company 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.