Gallo Partners LP Takes $1.63 Million Position in Howmet Aerospace Inc. $HWM

Gallo Partners LP purchased a new stake in shares of Howmet Aerospace Inc. (NYSE:HWM) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 6,074 shares of the company’s stock, valued at approximately $1,633,000. Howmet Aerospace accounts for approximately 3.6% of Gallo Partners LP’s holdings, making the stock its 9th biggest position.

Other institutional investors also recently bought and sold shares of the company. Bartlett & CO. Wealth Management LLC grew its holdings 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 worth $29,000 after acquiring an additional 38 shares during the period. UMB Bank n.a. lifted its stake in shares of Howmet Aerospace by 2.6% in the 4th quarter. UMB Bank n.a. now owns 1,620 shares of the company’s stock valued at $332,000 after purchasing an additional 41 shares during the period. Tudor Financial Inc. lifted its stake in shares of Howmet Aerospace by 2.6% in the 4th quarter. Tudor Financial Inc. now owns 1,650 shares of the company’s stock valued at $338,000 after purchasing an additional 42 shares during the period. Physician Wealth Advisors Inc. boosted its position in shares of Howmet Aerospace by 2.5% during the first quarter. Physician Wealth Advisors Inc. now owns 1,730 shares of the company’s stock valued at $399,000 after purchasing an additional 42 shares in the last quarter. Finally, Roman Butler Fullerton & Co. boosted its position in shares of Howmet Aerospace by 0.4% during the first quarter. Roman Butler Fullerton & Co. now owns 10,537 shares of the company’s stock valued at $2,634,000 after purchasing an additional 42 shares in the last quarter. 90.46% of the stock is owned by institutional investors.

Howmet Aerospace Stock Performance

Shares of HWM opened at $271.58 on Monday. The business’s fifty day simple moving average is $278.62 and its two-hundred day simple moving average is $258.98. The company has a current ratio of 1.82, a quick ratio of 0.87 and a debt-to-equity ratio of 0.71. Howmet Aerospace Inc. has a 12 month low of $170.24 and a 12 month high of $310.00. The company has a market cap of $108.66 billion, a price-to-earnings ratio of 58.53, a P/E/G ratio of 1.94 and a beta of 1.20.

Howmet Aerospace (NYSE:HWM) last posted its earnings results on Thursday, August 6th. The company reported $1.33 EPS for the quarter, topping 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 during the quarter, compared to analyst estimates of $2.43 billion. During the same quarter last year, the company earned $0.91 EPS. The company’s quarterly revenue 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. Research analysts anticipate that Howmet Aerospace Inc. will post 5.33 earnings per share for the current fiscal year.

Howmet Aerospace Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 25th. Investors of record on Friday, August 7th will be issued a $0.14 dividend. This represents a $0.56 annualized dividend and a yield of 0.2%. The ex-dividend date is Friday, August 7th. This is a positive change from Howmet Aerospace’s previous quarterly dividend of $0.12. Howmet Aerospace’s dividend payout ratio is 12.07%.

Analysts Set New Price Targets

A number of research firms have issued reports on HWM. Jefferies Financial Group reiterated a “buy” rating and issued a $370.00 price objective on shares of Howmet Aerospace in a report on Sunday, August 9th. BNP Paribas Exane restated an “outperform” rating and set a $340.00 target price (up from $265.00) on shares of Howmet Aerospace in a report on Friday, May 8th. Wells Fargo & Company reaffirmed an “outperform” rating and issued a $315.00 target price on shares of Howmet Aerospace in a research report on Monday, August 10th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $320.00 price target on shares of Howmet Aerospace in a research note on Friday, May 8th. Finally, Citigroup reissued a “buy” rating on shares of Howmet Aerospace in a research report on Wednesday, August 12th. One equities research 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 stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $315.67.

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.