Interchange Capital Partners LLC Increases Position in Howmet Aerospace Inc. $HWM

Interchange Capital Partners LLC grew its position in shares of Howmet Aerospace Inc. (NYSE:HWM) by 179.4% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,745 shares of the company’s stock after purchasing an additional 3,047 shares during the period. Interchange Capital Partners LLC’s holdings in Howmet Aerospace were worth $1,276,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of HWM. Norges Bank purchased a new stake in shares of Howmet Aerospace in the 4th quarter valued at $1,793,698,000. Price T Rowe Associates Inc. MD boosted its holdings in Howmet Aerospace by 27.0% during the 4th 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. Auto Owners Insurance Co boosted its holdings in Howmet Aerospace by 20,402.0% during the 4th quarter. Auto Owners Insurance Co now owns 1,441,906 shares of the company’s stock valued at $29,562,000 after acquiring an additional 1,434,873 shares during the period. Amundi grew its position in Howmet Aerospace by 73.1% in the 1st quarter. Amundi now owns 2,185,456 shares of the company’s stock valued at $503,660,000 after acquiring an additional 923,061 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its position in Howmet Aerospace by 27.8% in the 4th quarter. Goldman Sachs Group Inc. now owns 2,754,204 shares of the company’s stock valued at $564,667,000 after acquiring an additional 599,151 shares in the last quarter. 90.46% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

HWM has been the subject of a number of research reports. Weiss Ratings cut shares of Howmet Aerospace from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, August 5th. Wells Fargo & Company reiterated an “outperform” rating and set a $315.00 target price on shares of Howmet Aerospace in a report on Monday. UBS Group raised their price target on shares of Howmet Aerospace from $299.00 to $326.00 and gave the company a “neutral” rating in a research report on Friday, August 7th. Morgan Stanley restated an “overweight” rating and issued a $335.00 price target on shares of Howmet Aerospace in a research note on Monday. Finally, Citigroup reaffirmed a “buy” rating on shares of Howmet Aerospace in a research report on Wednesday. Seventeen analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, Howmet Aerospace currently has a consensus rating of “Moderate Buy” and a consensus target price of $315.67.

Howmet Aerospace Stock Up 0.1%

HWM stock opened at $281.51 on Thursday. The company’s 50 day moving average price is $274.62 and its 200 day moving average price is $255.45. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.87 and a current ratio of 1.82. Howmet Aerospace Inc. has a fifty-two week low of $169.45 and a fifty-two week high of $310.00. The firm has a market capitalization of $112.63 billion, a price-to-earnings ratio of 60.67, a PEG ratio of 2.01 and a beta of 1.20.

Howmet Aerospace (NYSE:HWM) last issued its earnings results on Thursday, August 6th. The company reported $1.33 earnings per share for the quarter, beating the consensus estimate of $1.24 by $0.09. Howmet Aerospace had a net margin of 20.52% and a return on equity of 33.91%. The firm had revenue of $2.55 billion for the quarter, compared to analysts’ expectations of $2.43 billion. During the same quarter last year, the company earned $0.91 earnings per share. The firm’s revenue 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. On average, equities research analysts anticipate that Howmet Aerospace Inc. will post 5.33 EPS for the current fiscal year.

Howmet Aerospace Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 25th. Stockholders of record on Friday, August 7th will be given a dividend of $0.14 per share. This is an increase from Howmet Aerospace’s previous quarterly dividend of $0.12. The ex-dividend date of this dividend is Friday, August 7th. This represents a $0.56 annualized dividend and a dividend yield of 0.2%. Howmet Aerospace’s dividend payout ratio is presently 12.07%.

Howmet Aerospace Company 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.