19,242 Shares in Howmet Aerospace Inc. $HWM Purchased by Plato Investment Management Ltd

Plato Investment Management Ltd acquired a new position in Howmet Aerospace Inc. (NYSE:HWM) during the 2nd quarter, HoldingsChannel reports. The fund acquired 19,242 shares of the company’s stock, valued at approximately $5,143,000.

Several other large investors also recently bought and sold shares of HWM. Bell Investment Advisors Inc acquired a new position in shares of Howmet Aerospace during the second quarter valued at approximately $42,000. Roman Butler Fullerton & Co. acquired a new stake in shares of Howmet Aerospace in the second quarter worth approximately $2,763,000. Cura Wealth Advisors LLC acquired a new stake in shares of Howmet Aerospace in the second quarter worth approximately $373,000. Simplicity Wealth LLC purchased a new stake in shares of Howmet Aerospace during the second quarter worth approximately $1,038,000. Finally, Wealthspan Partners LLC purchased a new stake in shares of Howmet Aerospace during the second quarter worth approximately $769,000. 90.46% of the stock is currently owned by hedge funds and other institutional investors.

Howmet Aerospace Stock Up 0.1%

Shares of NYSE:HWM opened at $289.33 on Monday. 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 business has a fifty day moving average of $276.03 and a two-hundred day moving average of $256.44. The stock has a market cap of $115.76 billion, a P/E ratio of 62.36, a PEG ratio of 2.07 and a beta of 1.20. Howmet Aerospace Inc. has a 52-week low of $169.45 and a 52-week high of $310.00.

Howmet Aerospace (NYSE:HWM) last posted its quarterly earnings results on Thursday, August 6th. The company reported $1.33 EPS for the quarter, topping the consensus estimate of $1.24 by $0.09. The business had revenue of $2.55 billion for the quarter, compared to analyst estimates of $2.43 billion. Howmet Aerospace had a return on equity of 33.91% and a net margin of 20.52%.The company’s quarterly revenue was up 24.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.91 EPS. 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 earnings per share for the current year.

Howmet Aerospace Increases Dividend

The company 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. 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. The ex-dividend date of this dividend is Friday, August 7th. Howmet Aerospace’s payout ratio is presently 12.07%.

Analysts Set New Price Targets

A number of research analysts have weighed in on HWM shares. UBS Group raised their price objective on Howmet Aerospace from $299.00 to $326.00 and gave the company a “neutral” rating in a report on Friday, August 7th. Zacks Research upgraded shares of Howmet Aerospace from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 12th. Citigroup reissued a “buy” rating on shares of Howmet Aerospace in a research note on Wednesday. Royal Bank Of Canada boosted their price target on shares of Howmet Aerospace from $325.00 to $350.00 and gave the stock an “outperform” rating in a research report on Friday, August 7th. Finally, Susquehanna upped their price objective on shares of Howmet Aerospace from $330.00 to $340.00 and gave the company a “positive” rating in a research note on Friday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Howmet Aerospace has an average rating of “Moderate Buy” and an average price target of $315.67.

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.