Wellington Management Group LLP Lowers Stock Holdings in Howmet Aerospace Inc. $HWM

Wellington Management Group LLP reduced its stake in Howmet Aerospace Inc. (NYSE:HWM) by 26.4% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 772,953 shares of the company’s stock after selling 276,961 shares during the quarter. Wellington Management Group LLP owned about 0.19% of Howmet Aerospace worth $207,816,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in HWM. BlackRock Inc. purchased a new position in Howmet Aerospace during the second quarter valued at $12,318,939,000. State Street Corp grew its stake in shares of Howmet Aerospace by 2.2% in the fourth quarter. State Street Corp now owns 18,365,429 shares of the company’s stock worth $3,765,280,000 after acquiring an additional 400,767 shares during the last quarter. Price T Rowe Associates Inc. MD increased its holdings in shares of Howmet Aerospace by 27.0% during 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. Geode Capital Management LLC increased its holdings in shares of Howmet Aerospace by 2.0% during the fourth quarter. Geode Capital Management LLC now owns 11,307,538 shares of the company’s stock valued at $2,316,277,000 after acquiring an additional 221,775 shares in the last quarter. Finally, Bank of America Corp DE raised its position in shares of Howmet Aerospace by 1.7% in the 1st quarter. Bank of America Corp DE now owns 10,728,447 shares of the company’s stock worth $2,472,478,000 after purchasing an additional 177,533 shares during the last quarter. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Trading Down 7.4%

Howmet Aerospace stock opened at $245.36 on Tuesday. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.82 and a quick ratio of 0.87. Howmet Aerospace Inc. has a one year low of $170.81 and a one year high of $310.00. The stock has a market capitalization of $98.17 billion, a PE ratio of 52.88, a price-to-earnings-growth ratio of 1.89 and a beta of 1.20. The business’s fifty day moving average is $276.71 and its 200 day moving average is $260.87.

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 analysts’ consensus estimates of $1.24 by $0.09. The business had revenue of $2.55 billion during 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%.Howmet Aerospace’s revenue was up 24.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $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. On average, sell-side analysts predict that Howmet Aerospace Inc. will post 5.33 EPS for the current year.

Howmet Aerospace Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, August 25th. Stockholders of record on Friday, August 7th were issued a dividend of $0.14 per share. The ex-dividend date of this dividend was 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 dividend payout ratio is presently 12.07%.

Howmet Aerospace News Summary

Here are the key news stories impacting Howmet Aerospace this week:

• Positive Sentiment: Howmet’s turbine blades and other aerospace components offer potential exposure to the growing power demand from AI data centers, which could support long-term growth. Elon Musk Just Flagged AI’s Next Bottleneck: This Public Company Offers Direct Exposure
• Positive Sentiment: Bernstein said SpaceX’s turbine-blade plans pose little threat to Howmet, helping counter concerns that the aerospace supplier could lose meaningful business to internal production. Bernstein Sees Little Threat to Howmet From SpaceX’s Turbine-Blade Plans
• Positive Sentiment: Analysts continue to view HWM as a growth stock, citing business and financial characteristics that could allow it to outperform the broader market. Howmet Is an Incredible Growth Stock: 3 Reasons Why
• Neutral Sentiment: The stock’s weakness follows a strong earnings report, in which Howmet exceeded quarterly EPS and revenue expectations and reported year-over-year revenue growth. Howmet Aerospace Stock Plunges After Strong Earnings
• Negative Sentiment: Investors are reacting to Elon Musk’s disclosure that SpaceX is developing a turbine-blade casting plan, raising fears that a major potential customer or growth channel could eventually be served internally rather than by Howmet. Howmet Slides After Elon Musk Unveils SpaceX Turbine-Blade Casting Plan
• Negative Sentiment: Traders bought 8,120 HWM put options, well above typical daily volume, indicating elevated demand for downside protection or bearish speculation.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. 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. Sanford C. Bernstein lifted their target price on shares of Howmet Aerospace from $318.00 to $328.00 and gave the stock an “outperform” rating in a report on Monday, August 24th. Wells Fargo & Company reaffirmed an “outperform” rating and issued a $315.00 target price on shares of Howmet Aerospace in a report on Monday, August 10th. BTIG Research increased their price target on shares of Howmet Aerospace from $300.00 to $340.00 and gave the company a “buy” rating in a report on Monday, August 10th. Finally, Royal Bank Of Canada increased their price target on shares of Howmet Aerospace from $325.00 to $350.00 and gave the company an “outperform” rating in a report on Friday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, Howmet Aerospace currently has a consensus rating of “Moderate Buy” and a consensus price target of $316.22.

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.