Wellington Management Group LLP Sells 276,961 Shares of Howmet Aerospace Inc. $HWM

Wellington Management Group LLP lessened its position in shares of Howmet Aerospace Inc. (NYSE:HWM) by 26.4% in the second quarter, Holdings Channel reports. The fund owned 772,953 shares of the company’s stock after selling 276,961 shares during the quarter. Wellington Management Group LLP’s holdings in Howmet Aerospace were worth $207,816,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of HWM. West Paces Advisors Inc. purchased a new position in Howmet Aerospace in the second quarter worth about $27,000. Bartlett & CO. Wealth Management LLC increased its position in shares of Howmet Aerospace by 55.1% during the 2nd quarter. Bartlett & CO. Wealth Management LLC now owns 107 shares of the company’s stock valued at $29,000 after purchasing an additional 38 shares during the last quarter. Acumen Wealth Advisors LLC bought a new position in shares of Howmet Aerospace in the 4th quarter worth approximately $25,000. Newbridge Financial Services Group Inc. lifted its stake in shares of Howmet Aerospace by 119.7% in the 2nd 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 period. Finally, Vermillion & White Wealth Management Group LLC boosted its holdings in shares of Howmet Aerospace by 65.1% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 137 shares of the company’s stock worth $28,000 after buying an additional 54 shares during the last quarter. Institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Trading Down 7.4%

Shares of HWM stock opened at $245.36 on Tuesday. Howmet Aerospace Inc. has a 52-week low of $170.81 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 $98.17 billion, a PE ratio of 52.88, a PEG ratio of 1.89 and a beta of 1.20. The stock has a fifty day simple moving average of $276.71 and a two-hundred day simple moving average of $260.87.

Howmet Aerospace (NYSE:HWM) last posted its quarterly earnings results on Thursday, August 6th. The company reported $1.33 EPS for the quarter, beating analysts’ consensus estimates 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 analysts’ expectations of $2.43 billion. During the same period last year, the firm earned $0.91 earnings per share. The business’s quarterly 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. On average, analysts predict that Howmet Aerospace Inc. will post 5.33 EPS for the current fiscal year.

Howmet Aerospace Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, August 25th. Investors of record on Friday, August 7th were paid a dividend of $0.14 per share. 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. This represents a $0.56 annualized dividend and a yield of 0.2%. Howmet Aerospace’s dividend payout ratio is 12.07%.

More Howmet Aerospace News

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

• Positive Sentiment: Howmet’s turbine blades and other aerospace components offer potential exposure to the growing power demand from AI data centers, which could support long-term growth. Elon Musk Just Flagged AI’s Next Bottleneck: This Public Company Offers Direct Exposure
• Positive Sentiment: Bernstein said SpaceX’s turbine-blade plans pose little threat to Howmet, helping counter concerns that the aerospace supplier could lose meaningful business to internal production. Bernstein Sees Little Threat to Howmet From SpaceX’s Turbine-Blade Plans
• Positive Sentiment: Analysts continue to view HWM as a growth stock, citing business and financial characteristics that could allow it to outperform the broader market. Howmet Is an Incredible Growth Stock: 3 Reasons Why
• Neutral Sentiment: The stock’s weakness follows a strong earnings report, in which Howmet exceeded quarterly EPS and revenue expectations and reported year-over-year revenue growth. Howmet Aerospace Stock Plunges After Strong Earnings
• Negative Sentiment: Investors are reacting to Elon Musk’s disclosure that SpaceX is developing a turbine-blade casting plan, raising fears that a major potential customer or growth channel could eventually be served internally rather than by Howmet. Howmet Slides After Elon Musk Unveils SpaceX Turbine-Blade Casting Plan
• Negative Sentiment: Traders bought 8,120 HWM put options, well above typical daily volume, indicating elevated demand for downside protection or bearish speculation.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. Wells Fargo & Company reaffirmed an “outperform” rating and set a $315.00 target price on shares of Howmet Aerospace in a report on Monday, August 10th. Morgan Stanley reiterated an “overweight” rating and set a $335.00 price target on shares of Howmet Aerospace in a research note on Monday, August 10th. BTIG Research boosted their price objective on shares of Howmet Aerospace from $300.00 to $340.00 and gave the company a “buy” rating in a research report on Monday, August 10th. Sanford C. Bernstein raised their target price on Howmet Aerospace from $318.00 to $328.00 and gave the stock an “outperform” rating in a report on Monday, August 24th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $320.00 target price on shares of Howmet Aerospace in a research report on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, Howmet Aerospace has a consensus rating of “Moderate Buy” and an average 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.