8,108 Howmet Aerospace Inc. $HWM Shares Bought by Nisa Investment Advisors LLC

Key Points

• Nisa Investment Advisors increased its Howmet Aerospace stake by 16.5% in the third quarter, buying 8,108 shares for a total holding of 57,358 shares valued at approximately $12.97 million. Institutional investors collectively own 90.46% of HWM.
• Analysts remain broadly positive, with one Strong Buy, 18 Buy and four Hold ratings. Howmet has a “Moderate Buy” consensus rating and an average price target of $310.29.
• Howmet reported quarterly EPS of $1.33, exceeding estimates by $0.09, while revenue rose 24.1% year over year to $2.55 billion. The company also declared a quarterly dividend of $0.14 per share, representing a 0.3% yield.

Nisa Investment Advisors LLC increased its holdings in Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 16.5% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 57,358 shares of the company's stock after purchasing an additional 8,108 shares during the period. Nisa Investment Advisors LLC's holdings in Howmet Aerospace were worth $12,973,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the business. BlackRock Inc. purchased a new stake in Howmet Aerospace during the 2nd quarter valued at approximately $12,318,939,000. Bank of America Corp DE bought a new stake in shares of Howmet Aerospace during the second quarter valued at approximately $2,766,806,000. Jupiter Topco LLC bought a new stake in shares of Howmet Aerospace during the second quarter valued at approximately $2,065,086,000. Bank of New York Mellon Corp purchased a new position in shares of Howmet Aerospace in the second quarter worth $1,099,765,000. Finally, Legal & General Group Plc purchased a new position in shares of Howmet Aerospace in the second quarter worth $580,991,000. 90.46% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts recently weighed in on HWM shares. BTIG Research raised their target price on shares of Howmet Aerospace from $300.00 to $340.00 and gave the company a "buy" rating in a research note on Monday, August 10th. Wall Street Zen cut shares of Howmet Aerospace from a "strong-buy" rating to a "buy" rating in a research note on Sunday, July 5th. Citigroup reiterated a "buy" rating on shares of Howmet Aerospace in a research note on Wednesday, September 30th. Sanford C. Bernstein reissued an "outperform" rating and set a $298.00 price objective (down from $328.00) on shares of Howmet Aerospace in a report on Wednesday, October 7th. Finally, Weiss Ratings raised shares of Howmet Aerospace from a "buy (b-)" rating to a "buy (b)" rating in a report on Wednesday, August 19th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and four have given 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 price target of $310.29.

Howmet Aerospace Stock Performance

NYSE HWM opened at $207.85 on Thursday. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.82 and a quick ratio of 0.87. Howmet Aerospace Inc. has a 1-year low of $188.83 and a 1-year high of $310.00. The business has a 50 day simple moving average of $241.12 and a two-hundred day simple moving average of $256.65. The stock has a market capitalization of $83.16 billion, a PE ratio of 44.80, a P/E/G ratio of 1.90 and a beta of 1.21.

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, topping the consensus estimate of $1.24 by $0.09. The business had revenue of $2.55 billion for 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%. The company's revenue for the quarter was up 24.1% on a year-over-year basis. During the same period in the prior year, the firm earned $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, research analysts predict that Howmet Aerospace Inc. will post 5.34 EPS for the current fiscal year.

Howmet Aerospace Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 25th. Investors of record on Friday, November 6th will be given a $0.14 dividend. This represents a $0.56 annualized dividend and a yield of 0.3%. The ex-dividend date is Friday, November 6th. Howmet Aerospace's payout ratio is currently 12.07%.

Howmet Aerospace Profile

Howmet Aerospace Inc NYSE: HWM is a global manufacturer of advanced engineered products and materials primarily serving the aerospace, defense, commercial transportation and industrial markets. The company develops components designed to operate in demanding environments where strength, durability and weight reduction are important.

Howmet's product portfolio includes aircraft engine components, airframe structures, titanium and nickel-based forgings, fastening systems and wheels for commercial vehicles.

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