HighTower Advisors LLC Purchases 8,829 Shares of Howmet Aerospace Inc. $HWM

Key Points

• HighTower Advisors increased its Howmet Aerospace stake by 14.9% in the second quarter, purchasing 8,829 shares for a total holding of 68,260 shares valued at approximately $18.35 million. Institutional investors own 90.46% of the company.
• Howmet reported strong quarterly results, with EPS of $1.33 exceeding estimates and revenue of $2.55 billion rising 24.1% year over year. The company issued third-quarter and full-year 2026 earnings guidance.
• Howmet raised its quarterly dividend from $0.12 to $0.14 per share. Analysts remain broadly positive, giving the stock a “Moderate Buy” consensus rating and an average price target of $316.22.

HighTower Advisors LLC boosted its position in Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 14.9% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 68,260 shares of the company's stock after purchasing an additional 8,829 shares during the quarter. HighTower Advisors LLC's holdings in Howmet Aerospace were worth $18,352,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. California State Teachers Retirement System boosted its position in shares of Howmet Aerospace by 28,132.2% during the 2nd quarter. California State Teachers Retirement System now owns 163,590,287 shares of the company's stock valued at $43,982,885,000 after acquiring an additional 163,010,842 shares during the last quarter. BlackRock Inc. bought a new position in shares of Howmet Aerospace in the second quarter worth approximately $12,318,939,000. State Street Corp increased its position in shares of Howmet Aerospace by 2.2% in the fourth 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 during the last quarter. Price T Rowe Associates Inc. MD increased its position in shares of Howmet Aerospace by 27.0% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 16,632,206 shares of the company's stock worth $3,409,936,000 after purchasing an additional 3,531,700 shares during the last quarter. Finally, Geode Capital Management LLC raised its stake in Howmet Aerospace by 2.0% in the fourth quarter. Geode Capital Management LLC now owns 11,307,538 shares of the company's stock valued at $2,316,277,000 after purchasing an additional 221,775 shares in the last quarter. 90.46% of the stock is owned by institutional investors.

Howmet Aerospace Stock Performance

NYSE HWM opened at $230.32 on Wednesday. The company has a 50-day simple moving average of $274.48 and a two-hundred day simple moving average of $261.15. Howmet Aerospace Inc. has a 12-month low of $176.32 and a 12-month high of $310.00. The firm has a market cap of $92.15 billion, a price-to-earnings ratio of 49.64, a PEG ratio of 2.34 and a beta of 1.19. The company has a quick ratio of 0.87, a current ratio of 1.82 and a debt-to-equity ratio of 0.71.

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. The firm had revenue of $2.55 billion for the quarter, compared to the consensus estimate of $2.43 billion. Howmet Aerospace had a return on equity of 33.91% and a net margin of 20.52%.The company's quarterly revenue was up 24.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.91 earnings per share. 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, equities analysts forecast that Howmet Aerospace Inc. will post 5.33 EPS for the current year.

Howmet Aerospace Increases Dividend

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

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on HWM. TD Cowen lifted their target price on shares of Howmet Aerospace from $300.00 to $320.00 and gave the company a "buy" rating in a research report on Monday, July 13th. Citigroup reissued a "buy" rating on shares of Howmet Aerospace in a report on Tuesday, September 1st. BTIG Research raised their price objective on shares of Howmet Aerospace from $300.00 to $340.00 and gave the company a "buy" rating in a research report on Monday, August 10th. Wall Street Zen downgraded shares of Howmet Aerospace from a "strong-buy" rating to a "buy" rating in a report on Sunday, July 5th. Finally, Morgan Stanley restated an "overweight" rating and set a $335.00 price target on shares of Howmet Aerospace in a research report on Monday, August 10th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $316.22.

Howmet Aerospace Profile

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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