B. Metzler seel. Sohn & Co. AG bought a new stake in Howmet Aerospace Inc. (NYSE:HWM - Free Report) during the second quarter, according to its most recent filing with the SEC. The firm bought 192,199 shares of the company's stock, valued at approximately $51,675,000.
A number of other institutional investors and hedge funds have also recently bought and sold shares of HWM. Silvant Capital Management LLC bought a new stake in Howmet Aerospace during the 2nd quarter valued at approximately $2,275,000. LaSalle St. Investment Advisors LLC bought a new position in Howmet Aerospace in the 2nd quarter worth approximately $361,000. Mystic Asset Management Inc. acquired a new position in shares of Howmet Aerospace during the second quarter worth approximately $454,000. Portfolio Design Labs LLC acquired a new position in shares of Howmet Aerospace during the second quarter worth approximately $2,237,000. Finally, Reliant Investment Partners LLC bought a new stake in shares of Howmet Aerospace in the second quarter valued at approximately $334,000. Institutional investors and hedge funds own 90.46% of the company's stock.
Wall Street Analyst Weigh In
A number of equities analysts recently issued reports on HWM shares. Sanford C. Bernstein reaffirmed an "outperform" rating and set a $318.00 target price on shares of Howmet Aerospace in a research report on Tuesday, June 16th. TD Cowen increased their price target on shares of Howmet Aerospace from $300.00 to $320.00 and gave the company a "buy" rating in a report on Monday, July 13th. BNP Paribas Exane restated an "outperform" rating and issued a $340.00 price target (up from $265.00) on shares of Howmet Aerospace in a research report on Friday, May 8th. Morgan Stanley restated an "overweight" rating and set a $335.00 price objective on shares of Howmet Aerospace in a report on Monday, August 10th. Finally, Zacks Research raised shares of Howmet Aerospace from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, August 12th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $315.67.
Read Our Latest Analysis on Howmet Aerospace
Howmet Aerospace Stock Performance
Shares of NYSE:HWM opened at $273.39 on Friday. 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 fifty day moving average price is $278.47 and its two-hundred day moving average price is $258.53. Howmet Aerospace Inc. has a fifty-two week low of $170.24 and a fifty-two week high of $310.00. The stock has a market capitalization of $109.39 billion, a price-to-earnings ratio of 58.92, a price-to-earnings-growth ratio of 2.03 and a beta of 1.20.
Howmet Aerospace (NYSE:HWM - Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The company reported $1.33 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.24 by $0.09. Howmet Aerospace had a return on equity of 33.91% and a net margin of 20.52%.The company had revenue of $2.55 billion during the quarter, compared to analysts' expectations of $2.43 billion. During the same period last year, the business earned $0.91 earnings per share. The business'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. As a group, analysts predict that Howmet Aerospace Inc. will post 5.33 EPS for the current fiscal year.
Howmet Aerospace Increases Dividend
The company 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 dividend of $0.14 per share. The ex-dividend date of this dividend is 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 (DPR) is 12.07%.
Howmet Aerospace Profile
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Free Report)
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.
Further Reading
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