Howmet Aerospace Inc. $HWM Shares Bought by Resona Asset Management Co. Ltd.

Resona Asset Management Co. Ltd. increased its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM) by 2.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 118,806 shares of the company’s stock after buying an additional 3,092 shares during the quarter. Resona Asset Management Co. Ltd.’s holdings in Howmet Aerospace were worth $27,217,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Acumen Wealth Advisors LLC acquired a new stake in shares of Howmet Aerospace in the fourth quarter worth approximately $25,000. Sound Income Strategies LLC grew its holdings in Howmet Aerospace by 66.7% in the fourth quarter. Sound Income Strategies LLC now owns 125 shares of the company’s stock valued at $28,000 after purchasing an additional 50 shares during the period. Newbridge Financial Services Group Inc. increased its position in Howmet Aerospace by 119.7% during the second quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock worth $25,000 after purchasing an additional 73 shares during the last quarter. Vermillion & White Wealth Management Group LLC increased its position in Howmet Aerospace by 65.1% during the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 137 shares of the company’s stock worth $28,000 after purchasing an additional 54 shares during the last quarter. Finally, Mcguire Capital Advisors Inc. purchased a new position in Howmet Aerospace during the fourth quarter worth approximately $28,000. 90.46% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

HWM has been the topic of a number of research analyst reports. KeyCorp initiated coverage on Howmet Aerospace in a report on Wednesday, March 25th. They issued a “sector weight” rating on the stock. UBS Group upped their price target on Howmet Aerospace from $260.00 to $290.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. BTIG Research raised their price objective on Howmet Aerospace from $275.00 to $300.00 and gave the stock a “buy” rating in a report on Friday, May 8th. Susquehanna lifted their price objective on Howmet Aerospace from $300.00 to $330.00 and gave the company a “positive” rating in a research note on Friday, May 8th. Finally, Morgan Stanley reiterated an “overweight” rating and set a $315.00 target price on shares of Howmet Aerospace in a report on Friday, May 8th. Eighteen equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, Howmet Aerospace presently has a consensus rating of “Moderate Buy” and an average price target of $289.00.

Howmet Aerospace Trading Up 0.8%

Shares of HWM opened at $273.74 on Friday. The company has a market capitalization of $109.53 billion, a P/E ratio of 63.51, a P/E/G ratio of 2.15 and a beta of 1.19. Howmet Aerospace Inc. has a one year low of $169.45 and a one year high of $290.63. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.59 and a current ratio of 2.44. The stock has a 50-day moving average price of $263.93 and a 200 day moving average price of $244.28.

Howmet Aerospace (NYSE:HWM) last posted its quarterly earnings data on Thursday, May 7th. The company reported $1.22 EPS for the quarter, beating analysts’ consensus estimates of $1.11 by $0.11. The firm had revenue of $2.31 billion for the quarter, compared to the consensus estimate of $2.24 billion. Howmet Aerospace had a net margin of 20.23% and a return on equity of 29.27%. The firm’s revenue was up 19.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.86 EPS. Howmet Aerospace has set its FY 2026 guidance at 4.880-5.000 EPS and its Q2 2026 guidance at 1.220-1.240 EPS. Sell-side analysts forecast that Howmet Aerospace Inc. will post 5.05 EPS for the current fiscal year.

Howmet Aerospace Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, May 26th. Investors of record on Friday, May 8th were issued a $0.12 dividend. The ex-dividend date of this dividend was Friday, May 8th. This represents a $0.48 annualized dividend and a dividend yield of 0.2%. Howmet Aerospace’s dividend payout ratio (DPR) is 11.14%.

Insider Transactions at Howmet Aerospace

In other Howmet Aerospace news, EVP Neil Edward Marchuk sold 41,932 shares of the firm’s stock in a transaction on Monday, May 11th. The stock was sold at an average price of $269.50, for a total value of $11,300,674.00. Following the sale, the executive vice president directly owned 65,105 shares in the company, valued at approximately $17,545,797.50. This trade represents a 39.18% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 0.85% of the stock is owned by corporate insiders.

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.