IPG Investment Advisors LLC Sells 6,478 Shares of Howmet Aerospace Inc. $HWM

Key Points

• IPG Investment Advisors cut its Howmet Aerospace stake by 86.2% in the second quarter, selling 6,478 shares and retaining 1,034 shares valued at approximately $278,000. Institutional investors collectively own 90.46% of the company.
• Howmet reported a strong quarter, with EPS of $1.33 beating estimates of $1.24 and revenue of $2.55 billion surpassing expectations. Revenue increased 24.1% year over year, and the company issued third-quarter and full-year 2026 EPS guidance.
• Howmet raised its quarterly dividend from $0.12 to $0.14 per share. Analysts remain broadly bullish, with a “Moderate Buy” consensus rating and an average price target of $316.22.

IPG Investment Advisors LLC lowered its holdings in Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 86.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,034 shares of the company's stock after selling 6,478 shares during the period. IPG Investment Advisors LLC's holdings in Howmet Aerospace were worth $278,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. MUFG Securities EMEA plc lifted its stake in Howmet Aerospace by 752.6% in the fourth quarter. MUFG Securities EMEA plc now owns 65,783 shares of the company's stock valued at $13,487,000 after purchasing an additional 58,067 shares during the last quarter. Bearing Point Capital LLC increased its position in Howmet Aerospace by 9.5% in the fourth quarter. Bearing Point Capital LLC now owns 54,619 shares of the company's stock worth $11,198,000 after buying an additional 4,757 shares during the last quarter. Patriot Financial Group Insurance Agency LLC increased its position in Howmet Aerospace by 95.3% in the first quarter. Patriot Financial Group Insurance Agency LLC now owns 24,338 shares of the company's stock worth $5,609,000 after buying an additional 11,878 shares during the last quarter. Pictet Asset Management Holding SA raised its stake in shares of Howmet Aerospace by 28.6% in the first quarter. Pictet Asset Management Holding SA now owns 230,064 shares of the company's stock valued at $52,984,000 after buying an additional 51,169 shares during the period. Finally, Allworth Financial LP raised its stake in shares of Howmet Aerospace by 123.7% in the fourth quarter. Allworth Financial LP now owns 21,182 shares of the company's stock valued at $4,343,000 after buying an additional 11,711 shares during the period. Institutional investors own 90.46% of the company's stock.

Howmet Aerospace Price Performance

Howmet Aerospace stock opened at $228.20 on Friday. Howmet Aerospace Inc. has a one year low of $181.36 and a one year high of $310.00. The business has a fifty day moving average price of $272.94 and a 200-day moving average price of $260.80. 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 firm has a market capitalization of $91.30 billion, a P/E ratio of 49.18, a PEG ratio of 2.10 and a beta of 1.19.

Howmet Aerospace (NYSE:HWM - Get Free Report) last released its quarterly earnings data 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. The company had revenue of $2.55 billion for the quarter, compared to analyst estimates of $2.43 billion. Howmet Aerospace had a return on equity of 33.91% and a net margin of 20.52%.The firm's revenue for the quarter was up 24.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.91 EPS. 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. As a group, equities research analysts forecast that Howmet Aerospace Inc. will post 5.33 EPS for the current year.

Howmet Aerospace Increases Dividend

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

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on HWM shares. Royal Bank Of Canada increased their price target on Howmet Aerospace from $325.00 to $350.00 and gave the stock an "outperform" rating in a research note on Friday, August 7th. Weiss Ratings upgraded Howmet Aerospace from a "buy (b-)" rating to a "buy (b)" rating in a research note on Wednesday, August 19th. TD Cowen upped their price objective on shares of Howmet Aerospace from $300.00 to $320.00 and gave the company a "buy" rating in a report on Monday, July 13th. Wells Fargo & Company reiterated an "outperform" rating and set a $315.00 target price on shares of Howmet Aerospace in a research report on Monday, August 10th. Finally, Zacks Research upgraded shares of Howmet Aerospace from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, August 12th. One 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's stock. Based on data from MarketBeat, the company presently has an average 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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