WINTON GROUP Ltd Cuts Stock Holdings in Howmet Aerospace Inc. $HWM

Key Points

• WINTON GROUP Ltd cut its Howmet Aerospace stake by 28.9% in the second quarter, selling 14,049 shares and retaining 34,574 shares valued at approximately $9.3 million. Institutional investors collectively own 90.46% of the company.
• Analysts remain broadly bullish, with a consensus rating of “Moderate Buy” and an average price target of $316.22. Recent firms raised their targets to between $315 and $370.
• Howmet reported stronger-than-expected quarterly results, with EPS of $1.33 and revenue of $2.55 billion, up 24.1% year over year. The company also increased its quarterly dividend to $0.14 per share.

WINTON GROUP Ltd decreased its position in Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 28.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 34,574 shares of the company's stock after selling 14,049 shares during the quarter. WINTON GROUP Ltd's holdings in Howmet Aerospace were worth $9,296,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Newbridge Financial Services Group Inc. grew its position in Howmet Aerospace by 119.7% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company's stock worth $25,000 after purchasing an additional 73 shares in the last quarter. Acumen Wealth Advisors LLC purchased a new stake in shares of Howmet Aerospace during the fourth quarter valued at approximately $25,000. West Paces Advisors Inc. purchased a new stake in shares of Howmet Aerospace during the second quarter valued at approximately $27,000. Cornerstone Financial Management LLC bought a new stake in Howmet Aerospace during the fourth quarter worth $28,000. Finally, Vermillion & White Wealth Management Group LLC lifted its holdings in Howmet Aerospace by 65.1% during the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 137 shares of the company's stock worth $28,000 after acquiring an additional 54 shares during the period. Hedge funds and other institutional investors own 90.46% of the company's stock.

Analyst Ratings Changes

HWM has been the topic of a number of recent analyst reports. Sanford C. Bernstein lifted their target price on Howmet Aerospace from $318.00 to $328.00 and gave the stock an "outperform" rating in a research note on Monday, August 24th. TD Cowen increased their price target on shares of Howmet Aerospace from $300.00 to $320.00 and gave the company a "buy" rating in a research report on Monday, July 13th. Susquehanna raised their price objective on shares of Howmet Aerospace from $330.00 to $340.00 and gave the stock a "positive" rating in a report on Friday, August 7th. Wells Fargo & Company reiterated an "outperform" rating and issued a $315.00 target price on shares of Howmet Aerospace in a research note on Monday, August 10th. Finally, Jefferies Financial Group reissued a "buy" rating and set a $370.00 target price on shares of Howmet Aerospace in a research report on Sunday, August 9th. 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 company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $316.22.

Howmet Aerospace Price Performance

NYSE:HWM opened at $232.41 on Thursday. Howmet Aerospace Inc. has a 52-week low of $179.62 and a 52-week high of $310.00. The stock has a fifty day moving average of $273.79 and a 200 day moving average of $261.01. 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 firm has a market capitalization of $92.99 billion, a price-to-earnings ratio of 50.09, a P/E/G ratio of 2.09 and a beta of 1.19.

Howmet Aerospace (NYSE:HWM - Get Free Report) last issued its quarterly 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 during the quarter, compared to the consensus estimate of $2.43 billion. During the same quarter last year, the company posted $0.91 EPS. The company's revenue for the quarter 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, research analysts expect that Howmet Aerospace Inc. will post 5.33 EPS for the current fiscal year.

Howmet Aerospace Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, August 25th. Shareholders of record on Friday, August 7th were given 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 yield of 0.2%. Howmet Aerospace's dividend payout ratio (DPR) is presently 12.07%.

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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