J. Goldman & Co LP Purchases New Holdings in Howmet Aerospace Inc. $HWM

J. Goldman & Co LP acquired a new position in Howmet Aerospace Inc. (NYSE:HWM) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 76,964 shares of the company’s stock, valued at approximately $20,693,000.

Several other large investors also recently bought and sold shares of HWM. Newbridge Financial Services Group Inc. raised its holdings 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 valued at $25,000 after acquiring an additional 73 shares during the last quarter. Acumen Wealth Advisors LLC acquired a new stake in shares of Howmet Aerospace in the fourth quarter worth approximately $25,000. West Paces Advisors Inc. acquired a new stake in shares of Howmet Aerospace in the second quarter worth approximately $27,000. Cornerstone Financial Management LLC purchased a new stake in shares of Howmet Aerospace during the fourth quarter worth approximately $28,000. Finally, Vermillion & White Wealth Management Group LLC raised its stake in Howmet Aerospace by 65.1% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 137 shares of the company’s stock valued at $28,000 after purchasing an additional 54 shares during the last quarter. 90.46% of the stock is currently owned by hedge funds and other institutional investors.

Howmet Aerospace Stock Up 0.3%

Shares of NYSE:HWM opened at $264.17 on Wednesday. Howmet Aerospace Inc. has a 52-week low of $170.81 and a 52-week high of $310.00. The stock has a market cap of $105.70 billion, a P/E ratio of 56.93, a PEG ratio of 1.88 and a beta of 1.20. The business has a fifty day moving average of $278.18 and a two-hundred day moving average of $259.72. The company has a quick ratio of 0.87, a current ratio of 1.82 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, 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 was paid on Tuesday, August 25th. Shareholders of record on Friday, August 7th were 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 was 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. Wells Fargo & Company restated an “outperform” rating and issued a $315.00 price objective on shares of Howmet Aerospace in a report on Monday, August 10th. Sanford C. Bernstein upped their target price on shares of Howmet Aerospace from $318.00 to $328.00 and gave the stock an “outperform” rating in a report on Monday. JPMorgan Chase & Co. increased their target price on shares of Howmet Aerospace from $310.00 to $350.00 and gave the company an “overweight” rating in a research report on Monday, August 10th. TD Cowen raised their price target on shares of Howmet Aerospace from $300.00 to $320.00 and gave the stock a “buy” rating in a research note on Monday, July 13th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $320.00 price target on shares of Howmet Aerospace in a research report on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Howmet Aerospace presently has an average rating of “Moderate Buy” and an average target price of $316.22.

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.