J. Goldman & Co LP Makes New Investment in Howmet Aerospace Inc. $HWM

Key Points

• J. Goldman & Co. LP acquired 76,964 Howmet Aerospace shares in the second quarter, valued at approximately $20.7 million. Institutional investors collectively own 90.46% of HWM.
• Howmet exceeded quarterly expectations with $1.33 in EPS and $2.55 billion in revenue, while revenue rose 24.1% year over year. The company guided for third-quarter 2026 EPS of $1.34–$1.36 and full-year EPS of $5.23–$5.31.
• The company raised its quarterly dividend from $0.12 to $0.14 per share. Analysts maintain a “Moderate Buy” consensus, with an average price target of $316.22.

J. Goldman & Co LP acquired a new stake in shares of Howmet Aerospace Inc. (NYSE:HWM - Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 76,964 shares of the company's stock, valued at approximately $20,693,000.

Several other institutional investors and hedge funds have also modified their holdings of HWM. Bristol Gate Capital Partners Inc. purchased a new stake in shares of Howmet Aerospace in the second quarter worth about $63,654,000. Hsbc Holdings PLC purchased a new position in Howmet Aerospace during the second quarter valued at approximately $229,496,000. EFG International AG purchased a new position in Howmet Aerospace during the second quarter valued at approximately $9,149,000. Ancora Advisors LLC lifted its holdings in Howmet Aerospace by 460.8% in the second quarter. Ancora Advisors LLC now owns 544 shares of the company's stock valued at $146,000 after acquiring an additional 447 shares during the period. Finally, PDT Partners LLC acquired a new position in Howmet Aerospace in the second quarter valued at approximately $9,297,000. Institutional investors and hedge funds own 90.46% of the company's stock.

Howmet Aerospace Stock Performance

Shares of HWM stock opened at $264.17 on Wednesday. The company has a current ratio of 1.82, a quick ratio of 0.87 and a debt-to-equity ratio of 0.71. Howmet Aerospace Inc. has a 12-month low of $170.81 and a 12-month high of $310.00. The business's 50 day moving average is $278.18 and its two-hundred day moving average is $259.72. The company has a market capitalization of $105.70 billion, a P/E ratio of 56.93, a P/E/G ratio of 1.88 and a beta of 1.20.

Howmet Aerospace (NYSE:HWM - Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The company reported $1.33 EPS for the quarter, beating analysts' consensus estimates of $1.24 by $0.09. The business had revenue of $2.55 billion during the quarter, compared to analysts' expectations of $2.43 billion. Howmet Aerospace had a return on equity of 33.91% and a net margin of 20.52%.The business's revenue was up 24.1% compared to the same quarter last year. During the same period 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. Analysts expect that Howmet Aerospace Inc. will post 5.33 EPS for the current fiscal year.

Howmet Aerospace Increases Dividend

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

Analysts Set New Price Targets

HWM has been the topic of a number of analyst reports. TD Cowen raised their price objective on shares of Howmet Aerospace from $300.00 to $320.00 and gave the stock a "buy" rating in a research note on Monday, July 13th. BTIG Research boosted their target price on shares of Howmet Aerospace from $300.00 to $340.00 and gave the company a "buy" rating in a research note on Monday, August 10th. Weiss Ratings raised shares of Howmet Aerospace from a "buy (b-)" rating to a "buy (b)" rating in a report on Wednesday, August 19th. JPMorgan Chase & Co. raised their price target on shares of Howmet Aerospace from $310.00 to $350.00 and gave the company an "overweight" rating in a research report on Monday, August 10th. Finally, Sanford C. Bernstein lifted their price objective on shares of Howmet Aerospace from $318.00 to $328.00 and gave the company an "outperform" rating in a report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $316.22.

Howmet Aerospace 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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