Howmet Aerospace Inc. $HWM Shares Sold by Engineers Gate Manager LP

Engineers Gate Manager LP trimmed its position in shares of Howmet Aerospace Inc. (NYSE:HWM) by 8.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 66,019 shares of the company’s stock after selling 6,443 shares during the quarter. Engineers Gate Manager LP’s holdings in Howmet Aerospace were worth $17,750,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Newbridge Financial Services Group Inc. lifted its position in Howmet Aerospace by 119.7% in the second 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 during the period. Acumen Wealth Advisors LLC acquired a new position in Howmet Aerospace during the 4th quarter worth approximately $25,000. West Paces Advisors Inc. purchased a new position in shares of Howmet Aerospace during the 2nd quarter worth approximately $27,000. Cornerstone Financial Management LLC purchased a new position in shares of Howmet Aerospace during the 4th quarter worth approximately $28,000. Finally, Vermillion & White Wealth Management Group LLC lifted its holdings in shares of Howmet Aerospace by 65.1% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 137 shares of the company’s stock valued at $28,000 after buying an additional 54 shares during the period. 90.46% of the stock is owned by hedge funds and other institutional investors.

Howmet Aerospace Price Performance

Shares of NYSE:HWM opened at $232.41 on Thursday. The firm has a market capitalization of $92.99 billion, a price-to-earnings ratio of 50.09, a price-to-earnings-growth ratio of 2.09 and a beta of 1.19. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.82 and a quick ratio of 0.87. The business’s 50 day simple moving average is $273.79 and its 200-day simple moving average is $261.01. Howmet Aerospace Inc. has a 12 month low of $179.62 and a 12 month high of $310.00.

Howmet Aerospace (NYSE:HWM) last issued its quarterly earnings data on Thursday, August 6th. The company reported $1.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.24 by $0.09. The firm had revenue of $2.55 billion during the quarter, compared to analysts’ expectations 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 period in the previous year, the firm posted $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 analysts forecast that Howmet Aerospace Inc. will post 5.33 earnings per share for the current fiscal year.

Howmet Aerospace Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, August 25th. Stockholders of record on Friday, August 7th were paid a dividend of $0.14 per share. This is a boost from Howmet Aerospace’s previous quarterly dividend of $0.12. The ex-dividend date of this dividend was Friday, August 7th. This represents a $0.56 annualized dividend and a dividend yield of 0.2%. Howmet Aerospace’s dividend payout ratio is presently 12.07%.

Wall Street Analyst Weigh In

HWM has been the topic of a number of analyst reports. JPMorgan Chase & Co. lifted their price target on Howmet Aerospace from $310.00 to $350.00 and gave the company an “overweight” rating in a research note on Monday, August 10th. Wall Street Zen cut Howmet Aerospace from a “strong-buy” rating to a “buy” rating in a research report on Sunday, July 5th. Citigroup reissued a “buy” rating on shares of Howmet Aerospace in a report on Tuesday, September 1st. Weiss Ratings upgraded shares of Howmet Aerospace from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, August 19th. Finally, BTIG Research upped their price target on shares of Howmet Aerospace from $300.00 to $340.00 and gave the stock a “buy” rating in a research note on Monday, August 10th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, Howmet Aerospace has an average rating of “Moderate Buy” and an average price target of $316.22.

About Howmet Aerospace

Howmet Aerospace Inc (NYSE:HWM) is an aerospace and industrial manufacturer that develops and produces engineered components for commercial and defense aircraft, as well as products for transportation, energy and other industrial markets. Its offerings include aircraft engine components, airframe structures, fastening systems and forged aluminum wheels for commercial transportation.

The company’s aerospace products include turbine airfoils, engine casings, structural components and other specialized parts designed to support aircraft performance and efficiency.