Quantbot Technologies LP Makes New Investment in Howmet Aerospace Inc. $HWM

Quantbot Technologies LP acquired a new stake in Howmet Aerospace Inc. (NYSE:HWM) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 8,104 shares of the company’s stock, valued at approximately $2,179,000.

A number of other institutional investors and hedge funds have also made changes to their positions in HWM. Evolve Private Wealth LLC acquired a new position in Howmet Aerospace in the 2nd quarter valued at about $4,040,000. Varma Mutual Pension Insurance Co acquired a new stake in Howmet Aerospace during the 2nd quarter worth approximately $18,189,000. George Kaiser Family Foundation acquired a new stake in Howmet Aerospace during the 2nd quarter worth approximately $399,000. Emerald Investment Advisers LLC purchased a new position in shares of Howmet Aerospace in the 2nd quarter valued at approximately $2,575,000. Finally, Westpac Banking Corp purchased a new position in shares of Howmet Aerospace in the 2nd quarter valued at approximately $5,885,000. 90.46% of the stock is owned by hedge funds and other institutional investors.

Howmet Aerospace Stock Performance

Shares of HWM stock opened at $263.12 on Tuesday. The company has a market cap of $105.28 billion, a price-to-earnings ratio of 56.71, a price-to-earnings-growth ratio of 1.94 and a beta of 1.20. The stock has a 50 day simple moving average of $278.46 and a 200-day simple moving average of $259.33. Howmet Aerospace Inc. has a 12-month low of $170.81 and a 12-month high of $310.00. The company has a current ratio of 1.82, a quick ratio of 0.87 and a debt-to-equity ratio of 0.71.

Howmet Aerospace (NYSE:HWM) last posted its quarterly earnings results on Thursday, August 6th. The company reported $1.33 EPS for the quarter, beating the consensus estimate 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 during the quarter, compared to analysts’ expectations of $2.43 billion. During the same period last year, the firm earned $0.91 EPS. The company’s quarterly 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 analysts forecast that Howmet Aerospace Inc. will post 5.33 EPS for the current year.

Howmet Aerospace Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, August 25th. Shareholders of record on Friday, August 7th will be issued a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 0.2%. 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. Howmet Aerospace’s dividend payout ratio is 12.07%.

Wall Street Analyst Weigh In

Several research firms have recently commented on HWM. JPMorgan Chase & Co. upped their price target on Howmet Aerospace from $310.00 to $350.00 and gave the stock an “overweight” rating in a research note on Monday, August 10th. BNP Paribas Exane reiterated an “outperform” rating and issued a $340.00 price objective (up from $265.00) on shares of Howmet Aerospace in a research report on Friday, May 8th. 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. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $320.00 price objective on shares of Howmet Aerospace in a research note on Friday, May 8th. Finally, Weiss Ratings upgraded shares of Howmet Aerospace from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, August 19th. One 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 stock. According to MarketBeat.com, Howmet Aerospace has an average rating of “Moderate Buy” and a consensus target price 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.