Man Group plc Invests $104.57 Million in Howmet Aerospace Inc. $HWM

Man Group plc acquired a new position in shares of Howmet Aerospace Inc. (NYSE:HWM) in the second quarter, Holdings Channel reports. The institutional investor acquired 388,923 shares of the company’s stock, valued at approximately $104,566,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Newbridge Financial Services Group Inc. lifted its position in Howmet Aerospace by 119.7% in the second quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock valued at $25,000 after buying an additional 73 shares during the last quarter. Acumen Wealth Advisors LLC purchased a new position in Howmet Aerospace during the fourth quarter worth about $25,000. West Paces Advisors Inc. acquired a new stake in shares of Howmet Aerospace during the second quarter valued at about $27,000. Cornerstone Financial Management LLC acquired a new stake in shares of Howmet Aerospace during the fourth quarter valued at about $28,000. Finally, Vermillion & White Wealth Management Group LLC raised its stake in shares of Howmet Aerospace by 65.1% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 137 shares of the company’s stock valued at $28,000 after acquiring an additional 54 shares during the period. 90.46% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on HWM. UBS Group upped their price objective on shares of Howmet Aerospace from $299.00 to $326.00 and gave the stock a “neutral” rating in a report on Friday, August 7th. Wall Street Zen downgraded shares of Howmet Aerospace from a “strong-buy” rating to a “buy” rating in a report on Sunday, July 5th. Citigroup reissued a “buy” rating on shares of Howmet Aerospace in a research report on Wednesday, August 12th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $320.00 price target on shares of Howmet Aerospace in a research note on Friday, May 8th. Finally, BTIG Research raised their price target on Howmet Aerospace from $300.00 to $340.00 and gave the stock a “buy” rating in a research report on Monday, August 10th. One investment 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 data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $316.22.

Howmet Aerospace Stock Up 0.3%

Shares of NYSE:HWM opened at $264.17 on Wednesday. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.82 and a quick ratio of 0.87. The firm has a market capitalization of $105.70 billion, a PE ratio of 56.93, a price-to-earnings-growth ratio of 1.88 and a beta of 1.20. The firm’s 50-day moving average is $278.18 and its two-hundred day moving average is $259.72. Howmet Aerospace Inc. has a 1 year low of $170.81 and a 1 year high of $310.00.

Howmet Aerospace (NYSE:HWM) last issued its quarterly 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. Howmet Aerospace had a net margin of 20.52% and a return on equity of 33.91%. The business had revenue of $2.55 billion for the quarter, compared to analysts’ expectations of $2.43 billion. During the same quarter in the prior year, the company 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. Analysts predict that Howmet Aerospace Inc. will post 5.33 EPS for the current year.

Howmet Aerospace Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, August 25th. Shareholders of record on Friday, August 7th were issued 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 was Friday, August 7th. This represents a $0.56 dividend on an annualized basis and a yield of 0.2%. Howmet Aerospace’s dividend payout ratio (DPR) is currently 12.07%.

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.