Capstone Capital Management Ltd Makes New Investment in Howmet Aerospace Inc. $HWM

Capstone Capital Management Ltd acquired a new position in shares of Howmet Aerospace Inc. (NYSE:HWM) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 3,264 shares of the company’s stock, valued at approximately $738,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Man Group plc purchased a new stake in Howmet Aerospace during the 2nd quarter worth approximately $104,566,000. Patriot Financial Group Insurance Agency LLC raised its holdings in shares of Howmet Aerospace by 95.3% during the first quarter. Patriot Financial Group Insurance Agency LLC now owns 24,338 shares of the company’s stock valued at $5,609,000 after acquiring an additional 11,878 shares during the last quarter. Pictet Asset Management Holding SA lifted its position in shares of Howmet Aerospace by 28.6% in the first quarter. Pictet Asset Management Holding SA now owns 230,064 shares of the company’s stock valued at $52,984,000 after acquiring an additional 51,169 shares in the last quarter. State Street Corp lifted its position in shares of Howmet Aerospace by 3.3% in the second quarter. State Street Corp now owns 18,933,928 shares of the company’s stock valued at $5,090,576,000 after acquiring an additional 612,866 shares in the last quarter. Finally, QRG Capital Management Inc. lifted its position in shares of Howmet Aerospace by 162.8% in the first quarter. QRG Capital Management Inc. now owns 59,956 shares of the company’s stock valued at $13,817,000 after acquiring an additional 37,141 shares in the last quarter. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Howmet Aerospace Stock Performance

Shares of HWM stock opened at $211.67 on Wednesday. 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’s 50 day moving average price is $242.59 and its 200-day moving average price is $256.83. Howmet Aerospace Inc. has a one year low of $188.83 and a one year high of $310.00. The firm has a market cap of $84.69 billion, a P/E ratio of 48.36, a P/E/G ratio of 1.98 and a beta of 1.21.

Howmet Aerospace (NYSE:HWM) last issued its quarterly earnings data on Thursday, August 6th. The company reported $1.33 earnings per share 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 during the quarter, compared to analysts’ expectations of $2.43 billion. During the same period in the previous year, the firm posted $0.91 earnings per share. The company’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. As a group, equities research analysts predict that Howmet Aerospace Inc. will post 5.34 EPS for the current year.

Howmet Aerospace Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 25th. Investors of record on Friday, November 6th will be paid a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Friday, November 6th. Howmet Aerospace’s dividend payout ratio is presently 12.07%.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on HWM. Guggenheim started coverage on Howmet Aerospace in a research report on Monday, September 14th. They set a “buy” rating and a $350.00 price target for the company. JPMorgan Chase & Co. lifted their target price on shares of Howmet Aerospace from $310.00 to $350.00 and gave the stock an “overweight” rating in a research note on Monday, August 10th. Wall Street Zen lowered shares of Howmet Aerospace from a “strong-buy” rating to a “buy” rating in a report on Sunday, July 5th. Deutsche Bank Aktiengesellschaft increased their target price on shares of Howmet Aerospace from $338.00 to $343.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Finally, Zacks Research downgraded shares of Howmet Aerospace from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 9th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and four have given a Hold rating to the company. According to MarketBeat, Howmet Aerospace presently has a consensus rating of “Moderate Buy” and an average price target of $310.29.

Howmet Aerospace Company Profile

Howmet Aerospace Inc (NYSE:HWM) is a global manufacturer of advanced engineered products and materials primarily serving the aerospace, defense, commercial transportation and industrial markets. The company develops components designed to operate in demanding environments where strength, durability and weight reduction are important.

Howmet’s product portfolio includes aircraft engine components, airframe structures, titanium and nickel-based forgings, fastening systems and wheels for commercial vehicles.