Engineers Gate Manager LP Decreases Stock Holdings in Howmet Aerospace Inc. $HWM

Key Points

• Engineers Gate Manager LP reduced its Howmet Aerospace holdings by 8.9% in the second quarter, selling 6,443 shares and retaining 66,019 shares valued at approximately $17.75 million. Institutional investors collectively own 90.46% of the company.
• Howmet reported quarterly EPS of $1.33, exceeding estimates of $1.24, while revenue rose 24.1% year over year to $2.55 billion. The company issued 2026 EPS guidance of $5.23–$5.31.
• Howmet increased its quarterly dividend from $0.12 to $0.14 per share. Analysts maintain a “Moderate Buy” consensus rating, with an average price target of $316.22.

Engineers Gate Manager LP cut its holdings in Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 8.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 66,019 shares of the company's stock after selling 6,443 shares during the period. Engineers Gate Manager LP's holdings in Howmet Aerospace were worth $17,750,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Newbridge Financial Services Group Inc. raised its position in shares of Howmet Aerospace by 119.7% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company's stock worth $25,000 after acquiring an additional 73 shares in the last quarter. Acumen Wealth Advisors LLC acquired a new position in Howmet Aerospace in the fourth quarter valued at approximately $25,000. West Paces Advisors Inc. purchased a new position in Howmet Aerospace in the second quarter valued at approximately $27,000. Cornerstone Financial Management LLC acquired a new stake in Howmet Aerospace during the fourth quarter worth approximately $28,000. Finally, Vermillion & White Wealth Management Group LLC raised its holdings in Howmet Aerospace by 65.1% during the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 137 shares of the company's stock worth $28,000 after purchasing an additional 54 shares in the last quarter. 90.46% of the stock is owned by hedge funds and other institutional investors.

Howmet Aerospace Stock Up 0.4%

Shares of NYSE:HWM opened at $232.41 on Thursday. Howmet Aerospace Inc. has a 1-year low of $179.62 and a 1-year high of $310.00. 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 stock has a market cap of $92.99 billion, a P/E ratio of 50.09, a P/E/G ratio of 2.09 and a beta of 1.19. The firm has a fifty day moving average price of $273.79 and a 200 day moving average price of $261.01.

Howmet Aerospace (NYSE:HWM - Get Free Report) last announced its earnings results on Thursday, August 6th. The company reported $1.33 EPS for the quarter, beating analysts' consensus estimates of $1.24 by $0.09. Howmet Aerospace had a net margin of 20.52% and a return on equity of 33.91%. The business had revenue of $2.55 billion during the quarter, compared to analysts' expectations of $2.43 billion. During the same period in the prior year, the company earned $0.91 earnings per share. The business's revenue 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. Sell-side analysts predict that Howmet Aerospace Inc. will post 5.33 EPS for the current year.

Howmet Aerospace Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, August 25th. Shareholders of record on Friday, August 7th were paid a $0.14 dividend. This is an increase from Howmet Aerospace's previous quarterly dividend of $0.12. The ex-dividend date was Friday, August 7th. This represents a $0.56 annualized dividend and a dividend yield of 0.2%. Howmet Aerospace's dividend payout ratio (DPR) is 12.07%.

Wall Street Analyst Weigh In

HWM has been the topic of a number of recent analyst reports. UBS Group increased their target price 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. Weiss Ratings raised shares of Howmet Aerospace from a "buy (b-)" rating to a "buy (b)" rating in a research report on Wednesday, August 19th. Wells Fargo & Company restated an "outperform" rating and issued a $315.00 price objective on shares of Howmet Aerospace in a research note on Monday, August 10th. Citigroup reaffirmed a "buy" rating on shares of Howmet Aerospace in a report on Tuesday, September 1st. Finally, JPMorgan Chase & Co. lifted their target price on Howmet Aerospace from $310.00 to $350.00 and gave the stock an "overweight" rating in a research report on Monday, August 10th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $316.22.

About Howmet Aerospace

Howmet Aerospace Inc NYSE: HWM is an aerospace and industrial manufacturer that develops and produces engineered components for commercial and defense aircraft, as well as products for transportation, energy and other industrial markets. Its offerings include aircraft engine components, airframe structures, fastening systems and forged aluminum wheels for commercial transportation.

The company's aerospace products include turbine airfoils, engine casings, structural components and other specialized parts designed to support aircraft performance and efficiency.

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