Raiffeisen Bank International AG Sells 4,248 Shares of Howmet Aerospace Inc. $HWM

Raiffeisen Bank International AG trimmed its stake in shares of Howmet Aerospace Inc. (NYSE:HWM) by 97.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 120 shares of the company’s stock after selling 4,248 shares during the period. Raiffeisen Bank International AG’s holdings in Howmet Aerospace were worth $32,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Syon Capital LLC raised its position in Howmet Aerospace by 3.9% in the 2nd quarter. Syon Capital LLC now owns 8,813 shares of the company’s stock worth $2,369,000 after purchasing an additional 331 shares during the last quarter. TD Waterhouse Canada Inc. increased its stake in shares of Howmet Aerospace by 1.0% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 393,860 shares of the company’s stock valued at $105,385,000 after buying an additional 3,710 shares during the period. Premier Path Wealth Partners LLC raised its position in shares of Howmet Aerospace by 1.0% during the second quarter. Premier Path Wealth Partners LLC now owns 3,812 shares of the company’s stock worth $1,025,000 after acquiring an additional 37 shares during the last quarter. Concurrent Investment Advisors LLC lifted its stake in shares of Howmet Aerospace by 172.7% during the second quarter. Concurrent Investment Advisors LLC now owns 28,743 shares of the company’s stock valued at $7,728,000 after acquiring an additional 18,204 shares during the period. Finally, NEOS Investment Management LLC boosted its holdings in Howmet Aerospace by 13.1% in the second quarter. NEOS Investment Management LLC now owns 64,873 shares of the company’s stock valued at $17,442,000 after acquiring an additional 7,523 shares during the last quarter. 90.46% of the stock is owned by institutional investors.

Howmet Aerospace Trading Up 0.1%

NYSE:HWM opened at $259.61 on Monday. 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 1-year low of $173.38 and a 1-year high of $310.00. The firm has a market capitalization of $103.87 billion, a price-to-earnings ratio of 55.95, a PEG ratio of 2.34 and a beta of 1.19. The business’s 50-day moving average price is $275.44 and its two-hundred day moving average price is $261.23.

Howmet Aerospace (NYSE:HWM) last posted its 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. The company had revenue of $2.55 billion during 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 revenue for the quarter was up 24.1% compared to the same quarter last year. During the same period in the previous year, the company 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, equities 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 disclosed 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 represents a $0.56 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Friday, August 7th. This is a positive change from Howmet Aerospace’s previous quarterly dividend of $0.12. Howmet Aerospace’s payout ratio is 12.07%.

Analyst Upgrades and Downgrades

Several analysts have weighed in on HWM shares. UBS Group boosted their price objective on Howmet Aerospace from $299.00 to $326.00 and gave the stock a “neutral” rating in a report on Friday, August 7th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $370.00 target price on shares of Howmet Aerospace in a research note on Sunday, August 9th. Wall Street Zen downgraded shares of Howmet Aerospace from a “strong-buy” rating to a “buy” rating in a research note on Sunday, July 5th. Royal Bank Of Canada increased their price objective on shares of Howmet Aerospace from $325.00 to $350.00 and gave the company an “outperform” rating in a report on Friday, August 7th. Finally, Sanford C. Bernstein raised their price objective on shares of Howmet Aerospace from $318.00 to $328.00 and gave the company an “outperform” rating in a research note on Monday, August 24th. One research 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. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus 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.