VIRGINIA RETIREMENT SYSTEMS ET Al Makes New $54.52 Million Investment in Howmet Aerospace Inc. $HWM

VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in shares of Howmet Aerospace Inc. (NYSE:HWM) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 202,800 shares of the company’s stock, valued at approximately $54,525,000. VIRGINIA RETIREMENT SYSTEMS ET Al owned 0.05% of Howmet Aerospace as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Newbridge Financial Services Group Inc. raised its stake in Howmet Aerospace by 119.7% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock valued at $25,000 after purchasing an additional 73 shares during the period. Acumen Wealth Advisors LLC purchased a new position in Howmet Aerospace in the 4th quarter worth approximately $25,000. West Paces Advisors Inc. bought a new position in Howmet Aerospace in the 2nd quarter worth approximately $27,000. Cornerstone Financial Management LLC bought a new position in Howmet Aerospace in the 4th quarter worth approximately $28,000. Finally, Vermillion & White Wealth Management Group LLC grew its holdings in Howmet Aerospace by 65.1% during the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 137 shares of the company’s stock valued at $28,000 after buying an additional 54 shares in the last quarter. 90.46% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on HWM shares. JPMorgan Chase & Co. lifted their price objective 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. Morgan Stanley reaffirmed an “overweight” rating and set a $335.00 target price on shares of Howmet Aerospace in a research note on Monday, August 10th. Jefferies Financial Group reaffirmed a “buy” rating and set a $370.00 target price on shares of Howmet Aerospace in a research note on Sunday, August 9th. UBS Group lifted their price target on shares of Howmet Aerospace from $299.00 to $326.00 and gave the company a “neutral” rating in a report on Friday, August 7th. Finally, Sanford C. Bernstein increased their price objective on shares of Howmet Aerospace from $318.00 to $328.00 and gave the company an “outperform” rating in a report on Monday, August 24th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $316.22.

Howmet Aerospace Trading Up 0.1%

HWM stock opened at $259.61 on Monday. The firm has a fifty day moving average price of $275.44 and a 200 day moving average price of $261.23. Howmet Aerospace Inc. has a fifty-two week low of $173.38 and a fifty-two 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 cap of $103.87 billion, a PE ratio of 55.95, a price-to-earnings-growth ratio of 2.34 and a beta of 1.19.

Howmet Aerospace (NYSE:HWM) last released its quarterly earnings results 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. Howmet Aerospace had a net margin of 20.52% and a return on equity of 33.91%. The company had revenue of $2.55 billion for the quarter, compared to the consensus estimate of $2.43 billion. During the same quarter in the prior year, the firm earned $0.91 earnings per share. Howmet Aerospace’s 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. Sell-side analysts anticipate that Howmet Aerospace Inc. will post 5.33 earnings per share for the current fiscal year.

Howmet Aerospace Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, August 25th. Investors of record on Friday, August 7th were given a $0.14 dividend. This is an increase from Howmet Aerospace’s previous quarterly dividend of $0.12. This represents a $0.56 annualized dividend and a yield of 0.2%. The ex-dividend date was Friday, August 7th. Howmet Aerospace’s dividend payout ratio (DPR) is 12.07%.

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.