NEOS Investment Management LLC Has $17.44 Million Position in Howmet Aerospace Inc. $HWM

Key Points

• NEOS Investment Management increased its Howmet Aerospace stake by 13.1% in the second quarter, bringing its holdings to 64,873 shares valued at approximately $17.44 million. Institutional investors collectively own 90.46% of the company.
• Howmet reported strong quarterly results, with EPS of $1.33 and revenue of $2.55 billion, exceeding analyst estimates; revenue rose 24.1% year over year. The company issued Q3 and full-year 2026 earnings guidance.
• Howmet raised its quarterly dividend from $0.12 to $0.14 per share. Wall Street maintains a “Moderate Buy” consensus, with an average price target of $316.22 versus the reported share price of $259.61.

NEOS Investment Management LLC boosted its stake in shares of Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 13.1% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 64,873 shares of the company's stock after purchasing an additional 7,523 shares during the period. NEOS Investment Management LLC's holdings in Howmet Aerospace were worth $17,442,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. Bartlett & CO. Wealth Management LLC increased its stake in shares of Howmet Aerospace by 55.1% in the second quarter. Bartlett & CO. Wealth Management LLC now owns 107 shares of the company's stock worth $29,000 after acquiring an additional 38 shares during the last quarter. UMB Bank n.a. boosted its position in Howmet Aerospace by 2.6% during the fourth quarter. UMB Bank n.a. now owns 1,620 shares of the company's stock valued at $332,000 after purchasing an additional 41 shares during the last quarter. Tudor Financial Inc. grew its stake in Howmet Aerospace by 2.6% in the fourth quarter. Tudor Financial Inc. now owns 1,650 shares of the company's stock valued at $338,000 after purchasing an additional 42 shares in the last quarter. Physician Wealth Advisors Inc. grew its stake in Howmet Aerospace by 2.5% in the first quarter. Physician Wealth Advisors Inc. now owns 1,730 shares of the company's stock valued at $399,000 after purchasing an additional 42 shares in the last quarter. Finally, Roman Butler Fullerton & Co. increased its position in Howmet Aerospace by 0.4% in the 1st quarter. Roman Butler Fullerton & Co. now owns 10,537 shares of the company's stock worth $2,634,000 after purchasing an additional 42 shares during the last quarter. Institutional investors and hedge funds own 90.46% of the company's stock.

Howmet Aerospace Stock Performance

NYSE:HWM opened at $259.61 on Friday. The firm has a market capitalization of $103.87 billion, a PE ratio of 55.95, a PEG ratio of 2.35 and a beta of 1.19. Howmet Aerospace Inc. has a 1 year low of $173.38 and a 1 year high of $310.00. The company has a current ratio of 1.82, a quick ratio of 0.87 and a debt-to-equity ratio of 0.71. The firm's fifty day simple moving average is $275.44 and its 200 day simple moving average is $261.15.

Howmet Aerospace (NYSE:HWM - Get Free Report) last released its 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 return on equity of 33.91% and a net margin of 20.52%.The firm had revenue of $2.55 billion for the quarter, compared to analyst estimates of $2.43 billion. During the same quarter last year, the firm posted $0.91 EPS. The company's revenue was up 24.1% on a year-over-year basis. 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, sell-side analysts anticipate that Howmet Aerospace Inc. will post 5.33 EPS for the current year.

Howmet Aerospace Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, August 25th. Stockholders of record on Friday, August 7th were issued a dividend of $0.14 per share. The ex-dividend date was Friday, August 7th. 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%. Howmet Aerospace's dividend payout ratio (DPR) is currently 12.07%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on HWM shares. Weiss Ratings upgraded Howmet Aerospace from a "buy (b-)" rating to a "buy (b)" rating in a report on Wednesday, August 19th. Citigroup reaffirmed a "buy" rating on shares of Howmet Aerospace in a research report on Tuesday. Susquehanna increased their price target on shares of Howmet Aerospace from $330.00 to $340.00 and gave the stock a "positive" rating in a research note on Friday, August 7th. Morgan Stanley restated an "overweight" rating and set a $335.00 price target on shares of Howmet Aerospace in a report on Monday, August 10th. Finally, JPMorgan Chase & Co. increased their target price on shares of 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 assigned a Hold rating to the company's stock. According to MarketBeat.com, Howmet Aerospace presently has a consensus rating of "Moderate Buy" and an average price target of $316.22.

Howmet Aerospace Company 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.