NWK Group Inc. Purchases New Position in Howmet Aerospace Inc. $HWM

Key Points

• NWK Group purchased 30,747 shares of Howmet Aerospace in the second quarter, valued at approximately $8.27 million and representing 2.5% of the fund’s holdings. Institutional investors collectively own 90.46% of HWM.
• Howmet reported quarterly EPS of $1.33, beating estimates of $1.24, while revenue rose 24.1% year over year to $2.55 billion. The company guided for third-quarter 2026 EPS of $1.34–$1.36 and full-year EPS of $5.23–$5.31.
• The company increased its quarterly dividend from $0.12 to $0.14 per share, implying an annualized yield of about 0.2%. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $315.67.

NWK Group Inc. purchased a new stake in Howmet Aerospace Inc. (NYSE:HWM - Free Report) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 30,747 shares of the company's stock, valued at approximately $8,267,000. Howmet Aerospace makes up 2.5% of NWK Group Inc.'s holdings, making the stock its 17th largest holding.

Other large investors have also recently added to or reduced their stakes in the company. BlackRock Inc. bought a new position in shares of Howmet Aerospace in the second quarter valued at approximately $12,318,939,000. State Street Corp boosted its holdings in shares of Howmet Aerospace by 2.2% in the 4th quarter. State Street Corp now owns 18,365,429 shares of the company's stock worth $3,765,280,000 after acquiring an additional 400,767 shares in the last quarter. Price T Rowe Associates Inc. MD grew its position in Howmet Aerospace by 27.0% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 16,632,206 shares of the company's stock worth $3,409,936,000 after acquiring an additional 3,531,700 shares during the last quarter. Geode Capital Management LLC grew its position in Howmet Aerospace by 2.0% during the 4th quarter. Geode Capital Management LLC now owns 11,307,538 shares of the company's stock worth $2,316,277,000 after acquiring an additional 221,775 shares during the last quarter. Finally, Bank of America Corp DE increased its holdings in Howmet Aerospace by 1.7% during the 1st quarter. Bank of America Corp DE now owns 10,728,447 shares of the company's stock valued at $2,472,478,000 after purchasing an additional 177,533 shares in the last quarter. 90.46% of the stock is owned by institutional investors.

Howmet Aerospace Stock Down 3.1%

Shares of HWM opened at $283.47 on Thursday. The firm has a market capitalization of $113.42 billion, a price-to-earnings ratio of 61.09, a PEG ratio of 2.09 and a beta of 1.20. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.87 and a current ratio of 1.82. The business's fifty day moving average price is $278.29 and its two-hundred day moving average price is $258.07. Howmet Aerospace Inc. has a 52 week low of $169.45 and a 52 week high of $310.00.

Howmet Aerospace (NYSE:HWM - Get Free Report) last released its earnings results on Thursday, August 6th. The company reported $1.33 EPS for the quarter, beating the consensus estimate of $1.24 by $0.09. The company 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 for the quarter was up 24.1% on a year-over-year basis. During the same period last year, the firm earned $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. On average, analysts predict that Howmet Aerospace Inc. will post 5.33 earnings per share for the current year.

Howmet Aerospace Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 25th. Investors of record on Friday, August 7th will be given a $0.14 dividend. The ex-dividend date is Friday, August 7th. This is a positive change from Howmet Aerospace's previous quarterly dividend of $0.12. This represents a $0.56 dividend on an annualized basis and a yield of 0.2%. Howmet Aerospace's dividend payout ratio is 12.07%.

Analyst Upgrades and Downgrades

Several analysts have recently commented on HWM shares. Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a $320.00 target price on shares of Howmet Aerospace in a report on Friday, May 8th. JPMorgan Chase & Co. upped their price target 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. Weiss Ratings lowered shares of Howmet Aerospace from a "buy (b)" rating to a "buy (b-)" rating in a report on Wednesday, August 5th. Jefferies Financial Group restated a "buy" rating and issued a $370.00 price objective on shares of Howmet Aerospace in a research report on Sunday, August 9th. Finally, TD Cowen boosted their target price 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. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, Howmet Aerospace presently has a consensus rating of "Moderate Buy" and an average target price of $315.67.

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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