Bristol Gate Capital Partners, an investment management company, published its Q2 2026 investor letter for the "US Equity Strategy". A copy of the letter can be downloaded here. The Strategy lagged the S&P 500 Total Return Index in the quarter in terms of returns, but outperformed in dividend growth. Despite debate over capital cycle returns, AI remained the dominant market theme, expanding from early adoption to broader enterprise adoption. The firm continues to focus on high-dividend-growth companies while maintaining discipline around valuation and earnings durability. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, Bristol US Equity Strategy highlighted Howmet Aerospace Inc. (NYSE:HWM) as a newly added position. Howmet Aerospace Inc. (NYSE:HWM) is a leading US-based aerospace and industrial company that operates through Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels segments. On July 22, 2026, Howmet Aerospace Inc. (NYSE:HWM) closed at $280.70 per share. One-month return of Howmet Aerospace Inc. (NYSE:HWM) was 2.77%, and its shares gained 50.27% over the past 52 weeks. Howmet Aerospace Inc. (NYSE:HWM) has a market capitalization of about $112.31 billion.
Bristol US Equity Strategy stated the following regarding Howmet Aerospace Inc. (NYSE:HWM) in its Q2 2026 investor update:
"Howmet Aerospace Inc. (NYSE:HWM) supplies engineered components to the commercial aerospace, defense and industrial markets. Its advantage stems from decades of accumulated R&D in materials science and manufacturing, and it faces limited competition as a US manufacturer for the aerospace industry. Management has demonstrated excellent capital allocation through investments in high-growth projects that leverage the company's strengths."
Howmet Aerospace Inc. (NYSE:HWM) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 75 hedge fund portfolios held Howmet Aerospace Inc. (NYSE:HWM) at the end of the first quarter, up from 71 in the previous quarter. While we acknowledge the potential of Howmet Aerospace Inc. (NYSE:HWM) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
#bristol
In its Q2 2026 investor letter, Bristol US Equity Strategy highlighted Howmet Aerospace Inc. (NYSE:HWM) as a newly added position. Howmet Aerospace Inc. (NYSE:HWM) is a leading US-based aerospace and industrial company that operates through Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels segments. On July 22, 2026, Howmet Aerospace Inc. (NYSE:HWM) closed at $280.70 per share. One-month return of Howmet Aerospace Inc. (NYSE:HWM) was 2.77%, and its shares gained 50.27% over the past 52 weeks. Howmet Aerospace Inc. (NYSE:HWM) has a market capitalization of about $112.31 billion.
Bristol US Equity Strategy stated the following regarding Howmet Aerospace Inc. (NYSE:HWM) in its Q2 2026 investor update:
"Howmet Aerospace Inc. (NYSE:HWM) supplies engineered components to the commercial aerospace, defense and industrial markets. Its advantage stems from decades of accumulated R&D in materials science and manufacturing, and it faces limited competition as a US manufacturer for the aerospace industry. Management has demonstrated excellent capital allocation through investments in high-growth projects that leverage the company's strengths."
Howmet Aerospace Inc. (NYSE:HWM) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 75 hedge fund portfolios held Howmet Aerospace Inc. (NYSE:HWM) at the end of the first quarter, up from 71 in the previous quarter. While we acknowledge the potential of Howmet Aerospace Inc. (NYSE:HWM) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
#bristol
2 months ago
