TD Waterhouse Canada Inc. Has $105.39 Million Stock Position in Howmet Aerospace Inc. $HWM

TD Waterhouse Canada Inc. increased its stake in shares of Howmet Aerospace Inc. (NYSE:HWM) by 1.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 393,860 shares of the company’s stock after acquiring an additional 3,710 shares during the quarter. TD Waterhouse Canada Inc. owned about 0.10% of Howmet Aerospace worth $105,385,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of HWM. Premier Path Wealth Partners LLC grew its position in Howmet Aerospace by 1.0% in the 2nd quarter. Premier Path Wealth Partners LLC now owns 3,812 shares of the company’s stock worth $1,025,000 after purchasing an additional 37 shares during the last quarter. Concurrent Investment Advisors LLC raised its position in shares of Howmet Aerospace by 172.7% during the second quarter. Concurrent Investment Advisors LLC now owns 28,743 shares of the company’s stock valued at $7,728,000 after buying an additional 18,204 shares during the last quarter. NEOS Investment Management LLC raised its position in shares of Howmet Aerospace by 13.1% during the second quarter. NEOS Investment Management LLC now owns 64,873 shares of the company’s stock valued at $17,442,000 after buying an additional 7,523 shares during the last quarter. Power Wealth Management LLC bought a new stake in shares of Howmet Aerospace in the second quarter valued at about $208,000. Finally, KFG Wealth Management LLC bought a new stake in shares of Howmet Aerospace in the second quarter valued at about $209,000. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Howmet Aerospace Price Performance

NYSE:HWM opened at $260.50 on Friday. 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 company has a 50-day moving average of $275.61 and a 200-day moving average of $261.17. Howmet Aerospace Inc. has a 52 week low of $173.38 and a 52 week high of $310.00. The company has a market capitalization of $104.23 billion, a price-to-earnings ratio of 56.14, a PEG ratio of 2.28 and a beta of 1.19.

Howmet Aerospace (NYSE:HWM) last posted its earnings results 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 business had revenue of $2.55 billion for the quarter, compared to analysts’ expectations of $2.43 billion. During the same quarter in the previous year, the firm 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 research analysts anticipate that Howmet Aerospace Inc. will post 5.33 earnings per share for the current fiscal year.

Howmet Aerospace Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, August 25th. Stockholders of record on Friday, August 7th were paid a $0.14 dividend. The ex-dividend date was Friday, August 7th. This represents a $0.56 annualized dividend and a dividend yield of 0.2%. This is an increase from Howmet Aerospace’s previous quarterly dividend of $0.12. Howmet Aerospace’s dividend payout ratio is currently 12.07%.

Analyst Upgrades and Downgrades

HWM has been the topic of several research reports. Citigroup restated a “buy” rating on shares of Howmet Aerospace in a research note on Tuesday. UBS Group raised their price objective on Howmet Aerospace from $299.00 to $326.00 and gave the stock a “neutral” rating in a research report on Friday, August 7th. Susquehanna lifted their price objective on Howmet Aerospace from $330.00 to $340.00 and gave the stock a “positive” rating in a report on Friday, August 7th. TD Cowen boosted their price objective on Howmet Aerospace from $300.00 to $320.00 and gave the company a “buy” rating in a research report on Monday, July 13th. Finally, Weiss Ratings upgraded Howmet Aerospace from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, August 19th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Howmet Aerospace presently has a consensus rating of “Moderate Buy” and an average price target of $316.22.

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.