Oak Ridge Investments LLC Acquires 31,395 Shares of Howmet Aerospace Inc. $HWM

Oak Ridge Investments LLC grew its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM) by 66.8% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 78,375 shares of the company’s stock after purchasing an additional 31,395 shares during the period. Howmet Aerospace comprises 1.2% of Oak Ridge Investments LLC’s holdings, making the stock its 19th largest holding. Oak Ridge Investments LLC’s holdings in Howmet Aerospace were worth $21,072,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. State Street Corp raised its position 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 valued at $3,765,280,000 after buying an additional 400,767 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its stake in shares of Howmet Aerospace by 27.0% in 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 buying an additional 3,531,700 shares during the period. Geode Capital Management LLC grew its position in Howmet Aerospace by 2.0% during the fourth quarter. Geode Capital Management LLC now owns 11,307,538 shares of the company’s stock worth $2,316,277,000 after buying an additional 221,775 shares in the last quarter. Bank of America Corp DE grew its position in 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 worth $2,472,478,000 after buying an additional 177,533 shares in the last quarter. Finally, Norges Bank acquired a new stake in Howmet Aerospace during the fourth quarter worth approximately $1,793,698,000. Institutional investors and hedge funds own 90.46% of the company’s stock.

Howmet Aerospace Stock Up 2.3%

Shares of HWM opened at $289.33 on Friday. The firm has a 50 day simple moving average of $276.03 and a two-hundred day simple moving average of $256.16. 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 $169.45 and a one year high of $310.00. The company has a market cap of $115.76 billion, a P/E ratio of 62.36, a P/E/G ratio of 2.02 and a beta of 1.20.

Howmet Aerospace (NYSE:HWM) last issued its quarterly earnings results 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 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 company’s revenue for the quarter was up 24.1% compared to the same quarter last year. During the same quarter last year, the company posted $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. Research analysts forecast that Howmet Aerospace Inc. will post 5.33 EPS for the current fiscal year.

Howmet Aerospace Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, August 25th. Shareholders of record on Friday, August 7th will be given a $0.14 dividend. This is an increase from Howmet Aerospace’s previous quarterly dividend of $0.12. This represents a $0.56 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Friday, August 7th. Howmet Aerospace’s dividend payout ratio (DPR) is 12.07%.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Citigroup reaffirmed a “buy” rating on shares of Howmet Aerospace in a report on Wednesday. JPMorgan Chase & Co. increased their target price on Howmet Aerospace from $310.00 to $350.00 and gave the stock an “overweight” rating in a report on Monday, August 10th. BTIG Research raised their price target on Howmet Aerospace from $300.00 to $340.00 and gave the stock a “buy” rating in a research report on Monday, August 10th. Morgan Stanley restated an “overweight” rating and issued a $335.00 price target on shares of Howmet Aerospace in a research report on Monday. Finally, Royal Bank Of Canada boosted their price target on Howmet Aerospace from $325.00 to $350.00 and gave the company an “outperform” rating in a research note on Friday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $315.67.

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.