Jupiter Topco LLC Acquires Shares of 7,680,827 Howmet Aerospace Inc. $HWM

Jupiter Topco LLC acquired a new position in shares of Howmet Aerospace Inc. (NYSE:HWM) during the 2nd quarter, Holdings Channel reports. The firm acquired 7,680,827 shares of the company’s stock, valued at approximately $2,065,086,000. Howmet Aerospace makes up 0.8% of Jupiter Topco LLC’s holdings, making the stock its 18th biggest position.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Bartlett & CO. Wealth Management LLC grew its stake in shares of Howmet Aerospace by 55.1% in the second quarter. Bartlett & CO. Wealth Management LLC now owns 107 shares of the company’s stock valued at $29,000 after acquiring an additional 38 shares in the last quarter. UMB Bank n.a. raised its stake in Howmet Aerospace by 2.6% in the 4th quarter. UMB Bank n.a. now owns 1,620 shares of the company’s stock worth $332,000 after purchasing an additional 41 shares in the last quarter. Tudor Financial Inc. raised its stake in Howmet Aerospace by 2.6% in the 4th quarter. Tudor Financial Inc. now owns 1,650 shares of the company’s stock worth $338,000 after purchasing an additional 42 shares in the last quarter. Physician Wealth Advisors Inc. boosted its holdings in Howmet Aerospace by 2.5% in the 1st quarter. Physician Wealth Advisors Inc. now owns 1,730 shares of the company’s stock valued at $399,000 after purchasing an additional 42 shares during the period. Finally, Roman Butler Fullerton & Co. boosted its holdings in Howmet Aerospace by 0.4% in the 1st quarter. Roman Butler Fullerton & Co. now owns 10,537 shares of the company’s stock valued at $2,634,000 after purchasing an additional 42 shares during the period. Institutional investors and hedge funds own 90.46% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. Zacks Research upgraded shares of Howmet Aerospace from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 12th. BTIG Research lifted their price target on shares of Howmet Aerospace from $300.00 to $340.00 and gave the company a “buy” rating in a research report on Monday, August 10th. Wells Fargo & Company reiterated an “outperform” rating and issued a $315.00 price target on shares of Howmet Aerospace in a research note on Monday, August 10th. Wall Street Zen downgraded Howmet Aerospace from a “strong-buy” rating to a “buy” rating in a research report on Sunday, July 5th. Finally, Weiss Ratings upgraded Howmet Aerospace from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, August 19th. One research 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 company’s stock. Based on data from MarketBeat.com, Howmet Aerospace currently has an average rating of “Moderate Buy” and a consensus target price of $316.22.

Howmet Aerospace Price Performance

HWM stock opened at $264.17 on Wednesday. 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 $170.81 and a 12 month high of $310.00. The firm has a market cap of $105.70 billion, a P/E ratio of 56.93, a P/E/G ratio of 1.88 and a beta of 1.20. The company’s 50-day moving average price is $278.18 and its two-hundred day moving average price is $259.72.

Howmet Aerospace (NYSE:HWM) last issued its quarterly 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 during the quarter, compared to the consensus estimate of $2.43 billion. Howmet Aerospace had a net margin of 20.52% and a return on equity of 33.91%. The firm’s quarterly revenue was up 24.1% on a year-over-year basis. During the same quarter in the prior year, the firm 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. On average, analysts anticipate that Howmet Aerospace Inc. will post 5.33 earnings per share for the current fiscal year.

Howmet Aerospace Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, August 25th. Shareholders of record on Friday, August 7th were given a dividend of $0.14 per share. This is an increase from Howmet Aerospace’s previous quarterly dividend of $0.12. This represents a $0.56 annualized dividend and a yield of 0.2%. The ex-dividend date was Friday, August 7th. Howmet Aerospace’s dividend payout ratio (DPR) is presently 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.