Legal & General Group Plc Acquires New Stake in Howmet Aerospace Inc. $HWM

Posted by Geri Gentry on Aug 25th, 2026

Legal & General Group Plc bought a new position in shares of Howmet Aerospace Inc. (NYSE:HWM – Free Report) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor bought 2,160,941 shares of the company’s stock, valued at approximately $580,991,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Newbridge Financial Services Group Inc. increased its stake in shares of 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 period. Acumen Wealth Advisors LLC acquired a new position in shares of Howmet Aerospace in the fourth quarter worth approximately $25,000. West Paces Advisors Inc. acquired a new position in shares of Howmet Aerospace in the second quarter worth approximately $27,000. Cornerstone Financial Management LLC bought a new stake in Howmet Aerospace in the fourth quarter valued at approximately $28,000. Finally, Vermillion & White Wealth Management Group LLC boosted its holdings in Howmet Aerospace by 65.1% in the fourth 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 last quarter. 90.46% of the stock is owned by institutional investors and hedge funds.

Howmet Aerospace Trading Down 3.1%

Shares of HWM stock opened at $263.12 on Tuesday. The company has a market cap of $105.28 billion, a P/E ratio of 56.71, a PEG ratio of 1.94 and a beta of 1.20. The stock has a 50 day simple moving average of $278.46 and a two-hundred day simple moving average of $259.33. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.87 and a current ratio of 1.82. Howmet Aerospace Inc. has a fifty-two week low of $170.81 and a fifty-two week high of $310.00.

Howmet Aerospace (NYSE:HWM – Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The company reported $1.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.24 by $0.09. The firm had revenue of $2.55 billion for the quarter, compared to analysts’ expectations 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 prior year, the business 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. Research analysts forecast that Howmet Aerospace Inc. will post 5.33 earnings per share for the current year.

Howmet Aerospace Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, August 25th. Investors of record on Friday, August 7th will be given a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Friday, August 7th. This is a boost from Howmet Aerospace’s previous quarterly dividend of $0.12. Howmet Aerospace’s dividend payout ratio is presently 12.07%.

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. Citigroup reissued a “buy” rating on shares of Howmet Aerospace in a research report on Wednesday, August 12th. Weiss Ratings raised shares of Howmet Aerospace from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, August 19th. Jefferies Financial Group reiterated a “buy” rating and set a $370.00 price objective on shares of Howmet Aerospace in a research report on Sunday, August 9th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $320.00 price objective on shares of Howmet Aerospace in a research report on Friday, May 8th. Finally, Wall Street Zen lowered shares of Howmet Aerospace from a “strong-buy” rating to a “buy” rating in a report on Sunday, July 5th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $316.22.

View Our Latest Stock Analysis on Howmet Aerospace

Howmet Aerospace Profile

(Free Report)

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.