Partners Capital Investment Group LLP Invests $1.94 Million in Howmet Aerospace Inc. $HWM

Partners Capital Investment Group LLP purchased a new position in Howmet Aerospace Inc. (NYSE:HWMFree Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 7,200 shares of the company’s stock, valued at approximately $1,936,000.

Several other institutional investors also recently bought and sold shares of the company. Newbridge Financial Services Group Inc. raised its holdings in Howmet Aerospace by 119.7% in the second quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock worth $25,000 after buying an additional 73 shares during 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 purchased a new stake in shares of Howmet Aerospace during the fourth quarter valued at approximately $28,000. Finally, Vermillion & White Wealth Management Group LLC increased its position in shares of Howmet Aerospace by 65.1% during the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 137 shares of the company’s stock valued at $28,000 after acquiring an additional 54 shares in the last quarter. 90.46% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages recently weighed in on HWM. Citigroup restated a “buy” rating on shares of Howmet Aerospace in a report on Wednesday, August 12th. UBS Group increased 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. Jefferies Financial Group reissued a “buy” rating and issued a $370.00 target price on shares of Howmet Aerospace in a report on Sunday, August 9th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $320.00 price target on shares of Howmet Aerospace in a research note on Friday, May 8th. Finally, Wall Street Zen downgraded Howmet Aerospace from a “strong-buy” rating to a “buy” rating in a report on Sunday, July 5th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, Howmet Aerospace presently has a consensus rating of “Moderate Buy” and an average target price of $316.22.

Read Our Latest Analysis on HWM

Howmet Aerospace Stock Performance

Shares of HWM stock opened at $263.12 on Tuesday. The company has a quick ratio of 0.87, a current ratio of 1.82 and a debt-to-equity ratio of 0.71. The company has a 50 day moving average price of $278.46 and a 200-day moving average price of $259.33. 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 $105.28 billion, a PE ratio of 56.71, a P/E/G ratio of 1.94 and a beta of 1.20.

Howmet Aerospace (NYSE:HWMGet Free Report) last issued 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. Howmet Aerospace had a net margin of 20.52% and a return on equity of 33.91%. The company had revenue of $2.55 billion for the quarter, compared to the consensus estimate of $2.43 billion. During the same quarter in the prior year, the firm earned $0.91 earnings per share. The firm’s revenue for the quarter was up 24.1% compared to the same quarter last year. 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 expect that Howmet Aerospace Inc. will post 5.33 earnings per share for the current year.

Howmet Aerospace Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, August 25th. Shareholders of record on Friday, August 7th will be paid a dividend of $0.14 per share. The ex-dividend date is Friday, August 7th. This represents a $0.56 dividend on an annualized basis and a yield of 0.2%. This is a boost from Howmet Aerospace’s previous quarterly dividend of $0.12. Howmet Aerospace’s dividend payout ratio (DPR) is presently 12.07%.

About Howmet Aerospace

(Free Report)

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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Institutional Ownership by Quarter for Howmet Aerospace (NYSE:HWM)

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