Caisse de depot et placement du Quebec Purchases Shares of 732,647 Howmet Aerospace Inc. $HWM

Key Points

• Caisse de dépôt et placement du Québec acquired 732,647 Howmet Aerospace shares worth approximately $197 million, taking a 0.18% stake. Institutional investors collectively own 90.46% of the company.
• Howmet reported strong quarterly results, with EPS of $1.33 beating estimates of $1.24 and revenue rising 24.1% year over year to $2.55 billion. The company issued 2026 EPS guidance of $5.23–$5.31.
• Howmet raised its quarterly dividend from $0.12 to $0.14 per share, while analysts maintained a broadly positive outlook with a consensus “Moderate Buy” rating and a $316.22 price target.

Caisse de depot et placement du Quebec acquired a new position in shares of Howmet Aerospace Inc. (NYSE:HWM - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 732,647 shares of the company's stock, valued at approximately $196,979,000. Caisse de depot et placement du Quebec owned 0.18% of Howmet Aerospace at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Brighton Jones LLC grew its position in Howmet Aerospace by 5.4% in the fourth quarter. Brighton Jones LLC now owns 2,548 shares of the company's stock valued at $279,000 after purchasing an additional 130 shares in the last quarter. Acadian Asset Management LLC acquired a new position in shares of Howmet Aerospace during the 1st quarter worth about $399,000. Sivia Capital Partners LLC bought a new position in shares of Howmet Aerospace in the 2nd quarter valued at about $216,000. Brown Advisory Inc. increased its position in shares of Howmet Aerospace by 31.0% in the second quarter. Brown Advisory Inc. now owns 4,180 shares of the company's stock valued at $778,000 after acquiring an additional 990 shares during the last quarter. Finally, Cary Street Partners Financial LLC bought a new stake in Howmet Aerospace during the second quarter worth about $145,000. 90.46% of the stock is currently owned by institutional investors.

Howmet Aerospace Stock Up 2.0%

Shares of HWM opened at $269.32 on Thursday. Howmet Aerospace Inc. has a 52 week low of $170.81 and a 52 week high of $310.00. The firm has a market cap of $107.76 billion, a P/E ratio of 58.04, a price-to-earnings-growth ratio of 1.89 and a beta of 1.20. The firm's 50-day simple moving average is $277.90 and its 200 day simple moving average is $260.14. 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 (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. Howmet Aerospace had a net margin of 20.52% and a return on equity of 33.91%. The firm had revenue of $2.55 billion during the quarter, compared to the consensus estimate of $2.43 billion. During the same period last year, the business posted $0.91 earnings per share. The business's revenue for the quarter was up 24.1% compared to the same quarter last year. 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 forecast that Howmet Aerospace Inc. will post 5.33 earnings per share for the current year.

Howmet Aerospace Increases Dividend

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the company. TD Cowen upped their price objective on Howmet Aerospace from $300.00 to $320.00 and gave the stock a "buy" rating in a research note on Monday, July 13th. Weiss Ratings upgraded shares of Howmet Aerospace from a "buy (b-)" rating to a "buy (b)" rating in a research note on Wednesday, August 19th. UBS Group lifted their price objective on shares of Howmet Aerospace from $299.00 to $326.00 and gave the company a "neutral" rating in a research report on Friday, August 7th. BTIG Research upped their target price on shares of Howmet Aerospace from $300.00 to $340.00 and gave the company a "buy" rating in a report on Monday, August 10th. Finally, Jefferies Financial Group reiterated a "buy" rating and issued a $370.00 target price on shares of Howmet Aerospace in a research note on Sunday, August 9th. One investment 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 stock. Based on data from MarketBeat.com, Howmet Aerospace has an average rating of "Moderate Buy" and a consensus price target of $316.22.

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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