Howmet Aerospace Inc. $HWM Stock: Nisa Investment Advisors LLC Boosts Stake

Nisa Investment Advisors LLC grew its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM – Free Report) by 16.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 57,358 shares of the company’s stock after buying an additional 8,108 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Howmet Aerospace were worth $12,973,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the business. Man Group plc bought a new stake in Howmet Aerospace in the second quarter worth $104,566,000. Patriot Financial Group Insurance Agency LLC boosted its stake in Howmet Aerospace by 95.3% during the first quarter. Patriot Financial Group Insurance Agency LLC now owns 24,338 shares of the company’s stock worth $5,609,000 after buying an additional 11,878 shares during the period. Pictet Asset Management Holding SA boosted its stake in Howmet Aerospace by 28.6% during the first quarter. Pictet Asset Management Holding SA now owns 230,064 shares of the company’s stock worth $52,984,000 after buying an additional 51,169 shares during the period. State Street Corp increased its position in Howmet Aerospace by 3.3% during the second quarter. State Street Corp now owns 18,933,928 shares of the company’s stock valued at $5,090,576,000 after acquiring an additional 612,866 shares during the last quarter. Finally, QRG Capital Management Inc. increased its position in Howmet Aerospace by 162.8% during the first quarter. QRG Capital Management Inc. now owns 59,956 shares of the company’s stock valued at $13,817,000 after acquiring an additional 37,141 shares during the last quarter. 90.46% of the stock is currently owned by hedge funds and other institutional investors.

Howmet Aerospace Price Performance

Shares of HWM stock opened at $207.85 on Thursday. Howmet Aerospace Inc. has a 52-week low of $188.83 and a 52-week high of $310.00. 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 firm has a market capitalization of $83.16 billion, a P/E ratio of 44.80, a P/E/G ratio of 1.90 and a beta of 1.21. The stock has a 50 day moving average price of $241.12 and a 200 day moving average price of $256.65.

Howmet Aerospace (NYSE:HWM – Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The company reported $1.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.24 by $0.09. The company had revenue of $2.55 billion during the quarter, compared to analysts’ expectations of $2.43 billion. Howmet Aerospace had a return on equity of 33.91% and a net margin of 20.52%. Howmet Aerospace’s revenue was up 24.1% compared to the same quarter last year. During the same quarter in the previous year, the business 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. As a group, sell-side analysts predict that Howmet Aerospace Inc. will post 5.34 earnings per share for the current year.

Howmet Aerospace Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 25th. Stockholders of record on Friday, November 6th will be paid a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend is Friday, November 6th. Howmet Aerospace’s payout ratio is currently 12.07%.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on HWM. BNP Paribas Exane reduced their target price on shares of Howmet Aerospace from $345.00 to $310.00 and set an “outperform” rating on the stock in a research note on Tuesday, October 6th. Susquehanna lifted their price target on shares of Howmet Aerospace from $330.00 to $340.00 and gave the stock a “positive” rating in a research note on Friday, August 7th. Zacks Research cut shares of Howmet Aerospace from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 9th. BTIG Research upped their price target on shares of Howmet Aerospace from $300.00 to $340.00 and gave the company a “buy” rating in a report on Monday, August 10th. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on shares of Howmet Aerospace from $338.00 to $343.00 and gave the stock a “buy” rating in a research report on Friday, August 7th. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $310.29.

View Our Latest Report on HWM

Howmet Aerospace Profile

(Free Report)

Howmet Aerospace Inc (NYSE:HWM) is a global manufacturer of advanced engineered products and materials primarily serving the aerospace, defense, commercial transportation and industrial markets. The company develops components designed to operate in demanding environments where strength, durability and weight reduction are important.

Howmet’s product portfolio includes aircraft engine components, airframe structures, titanium and nickel-based forgings, fastening systems and wheels for commercial vehicles.

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Institutional Ownership by Quarter for Howmet Aerospace (NYSE:HWM)

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