GSA Capital Partners LLP Makes New Investment in Howmet Aerospace Inc. $HWM

Key Points

• GSA Capital Partners acquired 3,891 shares of Howmet Aerospace worth approximately $1.05 million in the second quarter. Institutional investors and hedge funds own 90.46% of the company.
• Analyst sentiment remains positive, with a consensus rating of “Moderate Buy” and an average price target of $315.67; several firms recently raised their targets to as high as $350.
• Howmet exceeded quarterly expectations, reporting $1.33 in EPS and $2.55 billion in revenue, while revenue rose 24.1% year over year. The company also increased its quarterly dividend to $0.14 per share from $0.12.

GSA Capital Partners LLP acquired a new stake in Howmet Aerospace Inc. (NYSE:HWM - Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 3,891 shares of the company's stock, valued at approximately $1,046,000.

Other large investors have also modified their holdings of the company. Newbridge Financial Services Group Inc. boosted its stake in 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 purchasing an additional 73 shares during the period. Acumen Wealth Advisors LLC acquired a new position in Howmet Aerospace in the fourth quarter valued at $25,000. West Paces Advisors Inc. purchased a new stake in shares of Howmet Aerospace in the second quarter valued at about $27,000. Cornerstone Financial Management LLC acquired a new stake in shares of Howmet Aerospace during the fourth quarter worth about $28,000. Finally, Vermillion & White Wealth Management Group LLC boosted its stake in shares of 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 buying an additional 54 shares during the period. 90.46% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on HWM. Royal Bank Of Canada boosted their price target on Howmet Aerospace from $325.00 to $350.00 and gave the company an "outperform" rating in a research report on Friday, August 7th. Sanford C. Bernstein reiterated an "outperform" rating and issued a $318.00 target price on shares of Howmet Aerospace in a research note on Tuesday, June 16th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a $320.00 target price on shares of Howmet Aerospace in a report on Friday, May 8th. BNP Paribas Exane restated an "outperform" rating and set a $340.00 price target (up from $265.00) on shares of Howmet Aerospace in a research note on Friday, May 8th. Finally, Citigroup restated a "buy" rating on shares of Howmet Aerospace in a research note on Wednesday, August 12th. One investment 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 stock. Based on data from MarketBeat.com, Howmet Aerospace has a consensus rating of "Moderate Buy" and an average target price of $315.67.

Howmet Aerospace Price Performance

Shares of NYSE HWM 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 one year low of $169.45 and a one year high of $310.00. The firm has a market capitalization of $115.78 billion, a P/E ratio of 62.36, a PEG ratio of 2.07 and a beta of 1.20. The company's fifty day moving average is $276.89 and its two-hundred day moving average is $256.96.

Howmet Aerospace (NYSE:HWM - Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The company reported $1.33 earnings per share (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 the consensus estimate of $2.43 billion. During the same quarter last year, the firm posted $0.91 EPS. 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. Analysts forecast that Howmet Aerospace Inc. will post 5.33 EPS 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. Shareholders of record on Friday, August 7th will be issued a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 0.2%. This is a boost from Howmet Aerospace's previous quarterly dividend of $0.12. The ex-dividend date of this dividend is Friday, August 7th. Howmet Aerospace's dividend payout ratio is 12.07%.

About Howmet Aerospace

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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