Emerald Investment Advisers LLC Invests $2.58 Million in Howmet Aerospace Inc. $HWM

Key Points

• Emerald Investment Advisers acquired 9,579 Howmet Aerospace shares worth approximately $2.58 million, while institutional investors collectively own 90.46% of the company.
• Howmet reported strong quarterly results, with EPS of $1.33 beating estimates by $0.09 and revenue rising 24.1% year over year to $2.55 billion. The company issued Q3 2026 EPS guidance of $1.34–$1.36 and full-year guidance of $5.23–$5.31.
• Howmet increased its quarterly dividend from $0.12 to $0.14 per share. Analysts remain broadly positive, with a “Moderate Buy” consensus rating and an average price target of $315.67.

Emerald Investment Advisers LLC acquired a new position in Howmet Aerospace Inc. (NYSE:HWM - Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 9,579 shares of the company's stock, valued at approximately $2,575,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. BlackRock Inc. bought a new position in shares of Howmet Aerospace in the 2nd quarter worth approximately $12,318,939,000. State Street Corp boosted its position in shares of Howmet Aerospace by 2.2% in the 4th quarter. State Street Corp now owns 18,365,429 shares of the company's stock worth $3,765,280,000 after purchasing an additional 400,767 shares in the last quarter. Price T Rowe Associates Inc. MD grew its stake in shares of Howmet Aerospace by 27.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 16,632,206 shares of the company's stock worth $3,409,936,000 after buying an additional 3,531,700 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Howmet Aerospace by 2.0% in the 4th quarter. Geode Capital Management LLC now owns 11,307,538 shares of the company's stock worth $2,316,277,000 after buying an additional 221,775 shares during the last quarter. Finally, Bank of America Corp DE increased its position in Howmet Aerospace by 1.7% during the 1st quarter. Bank of America Corp DE now owns 10,728,447 shares of the company's stock valued at $2,472,478,000 after buying an additional 177,533 shares in the last quarter. Hedge funds and other institutional investors own 90.46% of the company's stock.

Howmet Aerospace Trading Down 0.8%

Shares of NYSE:HWM opened at $271.58 on Friday. The company has a market cap of $108.66 billion, a P/E ratio of 58.53, a PEG ratio of 1.94 and a beta of 1.20. 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 $170.24 and a 1 year high of $310.00. The stock's fifty day moving average price is $278.62 and its 200-day moving average price is $258.62.

Howmet Aerospace (NYSE:HWM - Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The company reported $1.33 EPS for the quarter, topping 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 the consensus estimate of $2.43 billion. During the same period last year, the company earned $0.91 EPS. Howmet Aerospace's revenue for the quarter 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. Sell-side analysts expect that Howmet Aerospace Inc. will post 5.33 earnings per share for the current year.

Howmet Aerospace Increases Dividend

The business also recently declared 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. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend is Friday, August 7th. This is a boost 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 brokerages have issued reports on HWM. JPMorgan Chase & Co. lifted their price objective on Howmet Aerospace from $310.00 to $350.00 and gave the company an "overweight" rating in a research note on Monday, August 10th. UBS Group raised their price target on Howmet Aerospace from $299.00 to $326.00 and gave the company a "neutral" rating in a report on Friday, August 7th. Susquehanna lifted their price target on Howmet Aerospace from $330.00 to $340.00 and gave the stock a "positive" rating in a research report on Friday, August 7th. Wells Fargo & Company reiterated an "outperform" rating and issued a $315.00 price target on shares of Howmet Aerospace in a research note on Monday, August 10th. Finally, Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a $320.00 price objective on shares of Howmet Aerospace in a research report on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $315.67.

Howmet Aerospace Company 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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