Howmet Aerospace Inc. $HWM Shares Acquired by CX Institutional

CX Institutional lifted its position in Howmet Aerospace Inc. (NYSE:HWM) by 521.5% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 38,183 shares of the company’s stock after buying an additional 32,039 shares during the quarter. CX Institutional’s holdings in Howmet Aerospace were worth $8,636,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. West Paces Advisors Inc. acquired a new stake in Howmet Aerospace in the second quarter valued at approximately $27,000. Cornerstone Financial Management LLC bought a new position in shares of Howmet Aerospace during the 4th quarter valued at $28,000. Bartlett & CO. Wealth Management LLC raised its holdings in shares of Howmet Aerospace by 55.1% during the 2nd quarter. Bartlett & CO. Wealth Management LLC now owns 107 shares of the company’s stock valued at $29,000 after purchasing an additional 38 shares in the last quarter. Markowski Investments acquired a new stake in shares of Howmet Aerospace in the 2nd quarter valued at $29,000. Finally, MV Capital Management Inc. acquired a new stake in shares of Howmet Aerospace in the 4th quarter valued at $33,000. Institutional investors and hedge funds own 90.46% of the company’s stock.

Howmet Aerospace Stock Performance

HWM stock traded up $3.10 during mid-day trading on Friday, reaching $231.48. 2,245,788 shares of the stock traded hands, compared to its average volume of 2,725,422. The firm has a market capitalization of $92.62 billion, a PE ratio of 49.89, a P/E/G ratio of 2.04 and a beta of 1.21. The business has a 50-day moving average of $257.63 and a two-hundred day moving average of $257.78. Howmet Aerospace Inc. has a 52 week low of $183.83 and a 52 week high of $310.00. The company has a quick ratio of 0.87, a current ratio of 1.82 and a debt-to-equity ratio of 0.71.

Howmet Aerospace (NYSE:HWM) last posted its quarterly earnings data on Thursday, August 6th. The company reported $1.33 EPS for the quarter, topping 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 business had revenue of $2.55 billion for the quarter, compared to analyst estimates of $2.43 billion. During the same period in the previous year, the company posted $0.91 earnings per share. The firm’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. As a group, equities analysts predict that Howmet Aerospace Inc. will post 5.33 EPS for the current fiscal year.

Howmet Aerospace Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, August 25th. Shareholders 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 yield of 0.2%. This is an increase from Howmet Aerospace’s previous quarterly dividend of $0.12. Howmet Aerospace’s dividend payout ratio (DPR) is presently 12.07%.

Wall Street Analysts Forecast Growth

Several research firms have commented on HWM. Susquehanna increased their target price on shares of Howmet Aerospace from $330.00 to $340.00 and gave the stock a “positive” rating in a research report on Friday, August 7th. Jefferies Financial Group reiterated a “buy” rating and set a $370.00 price target on shares of Howmet Aerospace in a research note on Sunday, August 9th. Royal Bank Of Canada increased their price objective on Howmet Aerospace from $325.00 to $350.00 and gave the company an “outperform” rating in a report on Friday, August 7th. Morgan Stanley reissued an “overweight” rating and issued a $335.00 price objective on shares of Howmet Aerospace in a research note on Monday, August 10th. Finally, Weiss Ratings upgraded Howmet Aerospace from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, August 19th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $314.84.

About Howmet Aerospace

Howmet Aerospace Inc (NYSE:HWM) is an aerospace and industrial products company that develops and manufactures advanced engineered components and systems. Its products are used primarily in commercial and defense aircraft, aircraft engines, and other transportation and industrial applications.

The company’s principal businesses include engine products, fastening systems, engineered structures, and forged wheels. Its offerings include forged and cast engine components, airfoils, titanium and nickel-based parts, aerospace structural components, specialized fasteners, and forged aluminum wheels for commercial transportation.