Landscape Capital Management L.L.C. acquired a new position in shares of Howmet Aerospace Inc. (NYSE:HWM – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 6,933 shares of the company’s stock, valued at approximately $1,864,000.
A number of other institutional investors also recently modified their holdings of the company. Newbridge Financial Services Group Inc. increased its holdings in Howmet Aerospace by 119.7% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock valued at $25,000 after purchasing an additional 73 shares in the last quarter. Acumen Wealth Advisors LLC bought a new position in Howmet Aerospace in the 4th quarter valued at $25,000. West Paces Advisors Inc. acquired a new stake in Howmet Aerospace in the second quarter worth about $27,000. Cornerstone Financial Management LLC bought a new stake in Howmet Aerospace during the 4th quarter worth about $28,000. Finally, Vermillion & White Wealth Management Group LLC raised its holdings in Howmet Aerospace by 65.1% during the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 137 shares of the company’s stock worth $28,000 after purchasing an additional 54 shares during the last quarter. Institutional investors own 90.46% of the company’s stock.
Analyst Ratings Changes
Several equities research analysts have weighed in on the stock. TD Cowen increased their target price on shares of Howmet Aerospace from $300.00 to $320.00 and gave the stock a “buy” rating in a report on Monday, July 13th. Citigroup reiterated a “buy” rating on shares of Howmet Aerospace in a report on Wednesday, August 12th. Sanford C. Bernstein reissued an “outperform” rating and set a $318.00 price objective on shares of Howmet Aerospace in a research report on Tuesday, June 16th. JPMorgan Chase & Co. upped their target price on shares of Howmet Aerospace from $310.00 to $350.00 and gave the stock an “overweight” rating in a research note on Monday, August 10th. Finally, Zacks Research upgraded Howmet Aerospace from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 12th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $315.67.
Howmet Aerospace Price Performance
NYSE HWM opened at $271.58 on Friday. 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 Inc. has a 12-month low of $170.24 and a 12-month high of $310.00. The company has a market capitalization of $108.66 billion, a PE ratio of 58.53, a price-to-earnings-growth ratio of 1.94 and a beta of 1.20. The firm’s 50 day moving average is $278.62 and its 200-day moving average is $258.62.
Howmet Aerospace (NYSE:HWM – Get Free Report) last announced its earnings results on Thursday, August 6th. The company reported $1.33 EPS for the quarter, topping the consensus estimate of $1.24 by $0.09. Howmet Aerospace had a net margin of 20.52% and a return on equity of 33.91%. The business had revenue of $2.55 billion during the quarter, compared to analysts’ expectations of $2.43 billion. During the same quarter in the prior year, the company posted $0.91 earnings per share. The firm’s 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. Equities research analysts anticipate that Howmet Aerospace Inc. will post 5.33 earnings per share for the current fiscal year.
Howmet Aerospace Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 25th. Stockholders of record on Friday, August 7th will be issued a $0.14 dividend. This represents a $0.56 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Friday, August 7th. This is a positive change from Howmet Aerospace’s previous quarterly dividend of $0.12. Howmet Aerospace’s dividend payout ratio is 12.07%.
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.
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