Sculptor Capital LP Invests $66.14 Million in Howmet Aerospace Inc. $HWM

Sculptor Capital LP bought a new position in Howmet Aerospace Inc. (NYSE:HWM - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 246,000 shares of the company's stock, valued at approximately $66,140,000. Sculptor Capital LP owned 0.06% of Howmet Aerospace as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in HWM. BlackRock Inc. purchased a new stake in Howmet Aerospace during the 2nd quarter valued at $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 valued at $3,765,280,000 after acquiring an additional 400,767 shares during the period. 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 valued at $3,409,936,000 after acquiring an additional 3,531,700 shares during the period. Geode Capital Management LLC raised its stake in shares of Howmet Aerospace by 2.0% during 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 acquiring an additional 221,775 shares during the last quarter. Finally, Bank of America Corp DE raised its stake in shares of Howmet Aerospace by 1.7% during the first quarter. Bank of America Corp DE now owns 10,728,447 shares of the company's stock valued at $2,472,478,000 after acquiring an additional 177,533 shares during the last quarter. 90.46% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

HWM has been the subject of a number of recent analyst reports. Wells Fargo & Company reaffirmed an "outperform" rating and set a $315.00 price target on shares of Howmet Aerospace in a research report on Monday, August 10th. Sanford C. Bernstein boosted their target price on Howmet Aerospace from $318.00 to $328.00 and gave the company an "outperform" rating in a research note on Monday. UBS Group boosted their target price on Howmet Aerospace from $299.00 to $326.00 and gave the company a "neutral" 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 report on Wednesday, August 19th. Finally, Susquehanna raised their price target on Howmet Aerospace from $330.00 to $340.00 and gave the stock a "positive" rating in a research note on Friday, August 7th. One investment 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 company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $316.22.

Howmet Aerospace Stock Up 0.3%

Shares of NYSE:HWM opened at $264.17 on Wednesday. Howmet Aerospace Inc. has a 52-week low of $170.81 and a 52-week high of $310.00. The firm 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. 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 stock has a 50 day moving average price of $278.18 and a 200-day moving average price of $259.72.

Howmet Aerospace (NYSE:HWM - Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The company reported $1.33 earnings per share for the quarter, beating analysts' consensus estimates of $1.24 by $0.09. The company had revenue of $2.55 billion during 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% on a year-over-year basis. During the same quarter last year, the company 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. As a group, equities research analysts anticipate 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. Stockholders of record on Friday, August 7th were given a $0.14 dividend. The ex-dividend date of this dividend was Friday, August 7th. This represents a $0.56 annualized dividend and a dividend yield of 0.2%. This is a boost from Howmet Aerospace's previous quarterly dividend of $0.12. Howmet Aerospace's payout ratio is presently 12.07%.

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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