45,819,158 Shares in Howmet Aerospace Inc. $HWM Purchased by BlackRock Inc.

Key Points

• BlackRock acquired 45.8 million Howmet Aerospace shares valued at approximately $12.3 billion, giving it an 11.45% stake. Institutional investors collectively own 90.46% of the company.
• Howmet reported quarterly EPS of $1.33, beating estimates of $1.24, while revenue rose 24.1% year over year to $2.55 billion. The company issued 2026 guidance of $1.34–$1.36 EPS for Q3 and $5.23–$5.31 for the full year.
• The company increased its quarterly dividend from $0.12 to $0.14 per share, while analysts maintain a generally positive outlook with a “Moderate Buy” consensus rating and an average price target of $315.67.

BlackRock Inc. acquired a new position in Howmet Aerospace Inc. (NYSE:HWM - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 45,819,158 shares of the company's stock, valued at approximately $12,318,939,000. BlackRock Inc. owned 11.45% of Howmet Aerospace as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in HWM. State Street Corp raised its stake 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 during the period. Price T Rowe Associates Inc. MD lifted its holdings in Howmet Aerospace by 27.0% during 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 purchasing an additional 3,531,700 shares during the last quarter. Geode Capital Management LLC lifted its holdings 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 valued at $2,316,277,000 after purchasing an additional 221,775 shares during the last quarter. Bank of America Corp DE boosted 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 purchasing an additional 177,533 shares during the period. Finally, Norges Bank bought a new position in Howmet Aerospace during the fourth quarter worth about $1,793,698,000. Institutional investors own 90.46% of the company's stock.

Howmet Aerospace Trading Up 0.1%

Howmet Aerospace stock opened at $289.37 on Tuesday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.87 and a current ratio of 1.82. Howmet Aerospace Inc. has a fifty-two week low of $169.45 and a fifty-two week high of $310.00. The stock has a market cap of $115.78 billion, a P/E ratio of 62.36, a PEG ratio of 2.07 and a beta of 1.20. The firm's fifty day moving average price is $276.89 and its 200-day moving average price is $256.96.

Howmet Aerospace (NYSE:HWM - Get Free Report) last posted its quarterly earnings data 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. 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 analyst estimates of $2.43 billion. During the same quarter last year, the company earned $0.91 earnings per share. The firm's quarterly 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 forecast that Howmet Aerospace Inc. will post 5.33 earnings per share 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. Investors of record on Friday, August 7th will be paid 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 of this dividend is Friday, August 7th. Howmet Aerospace's payout ratio is 12.07%.

Wall Street Analyst Weigh In

A number of analysts recently commented on the stock. TD Cowen upped their price target on shares of Howmet Aerospace from $300.00 to $320.00 and gave the company a "buy" rating in a research note on Monday, July 13th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a $320.00 price objective on shares of Howmet Aerospace in a research note on Friday, May 8th. Wells Fargo & Company reissued an "outperform" rating and set a $315.00 target price on shares of Howmet Aerospace in a report on Monday, August 10th. Susquehanna increased their target price on Howmet Aerospace from $330.00 to $340.00 and gave the stock a "positive" rating in a research report on Friday, August 7th. Finally, Weiss Ratings lowered Howmet Aerospace from a "buy (b)" rating to a "buy (b-)" rating in a research note on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price 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.

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