Renaissance Investment Group LLC Has $16.18 Million Stake in Howmet Aerospace Inc. $HWM

Renaissance Investment Group LLC reduced its position in Howmet Aerospace Inc. (NYSE:HWM) by 6.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 60,168 shares of the company’s stock after selling 4,096 shares during the quarter. Howmet Aerospace comprises about 3.2% of Renaissance Investment Group LLC’s portfolio, making the stock its 12th largest position. Renaissance Investment Group LLC’s holdings in Howmet Aerospace were worth $16,177,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Newbridge Financial Services Group Inc. boosted its position in shares of Howmet Aerospace by 119.7% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock worth $25,000 after acquiring an additional 73 shares in the last quarter. Acumen Wealth Advisors LLC acquired a new position in Howmet Aerospace during the fourth quarter valued at approximately $25,000. Sound Income Strategies LLC raised its position in Howmet Aerospace by 66.7% during the fourth quarter. Sound Income Strategies LLC now owns 125 shares of the company’s stock valued at $28,000 after purchasing an additional 50 shares in the last quarter. Cornerstone Financial Management LLC bought a new stake in Howmet Aerospace during the fourth quarter worth $28,000. Finally, Vermillion & White Wealth Management Group LLC lifted 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 worth $28,000 after purchasing an additional 54 shares during the last quarter. 90.46% of the stock is owned by institutional investors.

More Howmet Aerospace News

Here are the key news stories impacting Howmet Aerospace this week:

• Positive Sentiment: Results exceeded expectations. Howmet reported revenue of $2.547 billion, up 24% year over year, and adjusted EPS of $1.33 versus the $1.24 consensus estimate. Adjusted EPS increased 46% from $0.91 a year earlier, while adjusted EBITDA rose 39% and margins expanded. Howmet Aerospace Reports Second Quarter 2026 Results
• Positive Sentiment: Aerospace and gas-turbine demand remain strong. Rising commercial jet production and robust demand for turbine components supported 21% organic growth, reinforcing expectations for continued strength in Howmet’s core aerospace businesses. HWM Q2 Earnings Beat Estimates on Aerospace, Turbine Growth
• Positive Sentiment: Management raised guidance above Wall Street forecasts. Full-year 2026 EPS is now projected at $5.23-$5.31 and revenue at $10.0-$10.1 billion, compared with consensus estimates of $5.06 and $9.7 billion. Third-quarter EPS guidance of $1.34-$1.36 also exceeds the $1.26 consensus. Howmet Aerospace boosts 2026 forecasts
• Positive Sentiment: Cash returns and financial execution improved. Operating cash flow rose 31% to $583 million, free cash flow increased 39% to $479 million, and the company repurchased $300 million of stock. Howmet also raised its quarterly dividend 17% and reduced interest expense through debt refinancing actions. Howmet Aerospace Q2 2026 Earnings Call Transcript
• Negative Sentiment: Valuation and execution risks remain. HWM trades near its 52-week high at a high earnings multiple, leaving less room for disappointment. Investors will also monitor transportation weakness, supply-chain constraints and the integration of the $1.8 billion CAM acquisition.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on HWM shares. Morgan Stanley reaffirmed an “overweight” rating and issued a $315.00 target price on shares of Howmet Aerospace in a report on Friday, May 8th. BNP Paribas Exane reissued an “outperform” rating and set a $340.00 price target (up from $265.00) on shares of Howmet Aerospace in a report on Friday, May 8th. UBS Group upped their price objective on Howmet Aerospace from $260.00 to $290.00 and gave the stock a “neutral” rating in a research report on Friday, May 8th. Royal Bank Of Canada raised their price objective on Howmet Aerospace from $300.00 to $325.00 and gave the company an “outperform” rating in a research note on Monday, July 27th. Finally, TD Cowen lifted their target price on Howmet Aerospace from $300.00 to $320.00 and gave the company a “buy” rating in a research report on Monday, July 13th. Sixteen analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $300.33.

Insider Transactions at Howmet Aerospace

In other Howmet Aerospace news, EVP Neil Edward Marchuk sold 41,932 shares of the stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $269.50, for a total value of $11,300,674.00. Following the completion of the transaction, the executive vice president directly owned 65,105 shares in the company, valued at approximately $17,545,797.50. This trade represents a 39.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.85% of the stock is currently owned by insiders.

Howmet Aerospace Stock Performance

Shares of Howmet Aerospace stock opened at $288.96 on Friday. The company’s 50 day moving average price is $272.33 and its two-hundred day moving average price is $253.76. The firm has a market capitalization of $115.61 billion, a P/E ratio of 67.04, a P/E/G ratio of 2.29 and a beta of 1.20. Howmet Aerospace Inc. has a fifty-two week low of $169.45 and a fifty-two week high of $310.00. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.44 and a quick ratio of 1.59.

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 net margin of 20.23% and a return on equity of 29.27%. The company had revenue of $2.55 billion during the quarter, compared to the consensus estimate of $2.43 billion. During the same period in the prior year, the business earned $0.91 earnings per share. The company’s revenue for the quarter 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 5.05 earnings per share for the current fiscal 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 issued a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Friday, August 7th. This is a boost from Howmet Aerospace’s previous quarterly dividend of $0.12. Howmet Aerospace’s payout ratio is currently 11.14%.

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.