Moore Capital Management LP Purchases New Stake in Howmet Aerospace Inc. $HWM

Moore Capital Management LP acquired a new stake in shares of Howmet Aerospace Inc. (NYSE:HWM) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 22,978 shares of the company’s stock, valued at approximately $6,178,000.

Several other hedge funds also recently added to or reduced their stakes in the stock. Newbridge Financial Services Group Inc. lifted its position in shares of Howmet Aerospace by 119.7% during the second quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock worth $25,000 after purchasing an additional 73 shares during the last quarter. Acumen Wealth Advisors LLC bought a new stake in Howmet Aerospace in the fourth quarter valued at about $25,000. West Paces Advisors Inc. bought a new stake in Howmet Aerospace in the second quarter valued at about $27,000. Cornerstone Financial Management LLC acquired a new stake in Howmet Aerospace during the fourth quarter valued at approximately $28,000. Finally, Vermillion & White Wealth Management Group LLC raised its stake in 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 buying an additional 54 shares in the last quarter. 90.46% of the stock is owned by institutional investors and hedge funds.

Howmet Aerospace Stock Down 0.1%

NYSE:HWM opened at $264.48 on Monday. The company has a current ratio of 1.82, a quick ratio of 0.87 and a debt-to-equity ratio of 0.71. The stock has a 50 day moving average of $277.41 and a 200-day moving average of $260.72. The firm has a market capitalization of $105.82 billion, a PE ratio of 57.00, a price-to-earnings-growth ratio of 1.89 and a beta of 1.20. Howmet Aerospace Inc. has a 52 week low of $170.81 and a 52 week high of $310.00.

Howmet Aerospace (NYSE:HWM) last announced its quarterly earnings results on Thursday, August 6th. The company reported $1.33 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to the consensus estimate of $2.43 billion. During the same quarter last year, the business posted $0.91 EPS. The business’s revenue 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. Analysts predict that Howmet Aerospace Inc. will post 5.33 EPS for the current year.

Howmet Aerospace Increases Dividend

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

Analysts Set New Price Targets

A number of research analysts have commented on HWM shares. Susquehanna increased their target price on Howmet Aerospace from $330.00 to $340.00 and gave the stock a “positive” rating in a report on Friday, August 7th. JPMorgan Chase & Co. upped their price target on Howmet Aerospace from $310.00 to $350.00 and gave the company an “overweight” rating in a research report on Monday, August 10th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $320.00 price objective on shares of Howmet Aerospace in a research note on Friday, May 8th. Citigroup reaffirmed a “buy” rating on shares of Howmet Aerospace in a report on Wednesday, August 12th. Finally, Wells Fargo & Company reiterated an “outperform” rating and set a $315.00 target price on shares of Howmet Aerospace in a research note on Monday, August 10th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $316.22.

About Howmet Aerospace

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.