Danske Bank A S Invests $126.86 Million in Howmet Aerospace Inc. $HWM

Danske Bank A S purchased a new stake in shares of Howmet Aerospace Inc. (NYSE:HWM) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 471,853 shares of the company’s stock, valued at approximately $126,862,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. BlackRock Inc. bought a new position in Howmet Aerospace in the 2nd quarter valued at approximately $12,318,939,000. State Street Corp boosted its stake in Howmet Aerospace by 2.2% during the 4th quarter. State Street Corp now owns 18,365,429 shares of the company’s stock valued at $3,765,280,000 after purchasing an additional 400,767 shares during the last quarter. Price T Rowe Associates Inc. MD increased its holdings in shares of Howmet Aerospace by 27.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 16,632,206 shares of the company’s stock worth $3,409,936,000 after purchasing an additional 3,531,700 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Howmet Aerospace by 2.0% in the 4th quarter. Geode Capital Management LLC now owns 11,307,538 shares of the company’s stock worth $2,316,277,000 after purchasing an additional 221,775 shares in the last quarter. Finally, Bank of America Corp DE raised its stake in shares of Howmet Aerospace by 1.7% in the first quarter. Bank of America Corp DE now owns 10,728,447 shares of the company’s stock worth $2,472,478,000 after purchasing an additional 177,533 shares during the last quarter. Institutional investors own 90.46% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the company. BNP Paribas Exane reaffirmed an “outperform” rating and set a $340.00 price target (up from $265.00) on shares of Howmet Aerospace in a report on Friday, May 8th. Royal Bank Of Canada lifted their price objective on Howmet Aerospace from $325.00 to $350.00 and gave the stock an “outperform” rating in a report on Friday, August 7th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $320.00 target price on shares of Howmet Aerospace in a research note on Friday, May 8th. UBS Group raised their price target on shares of Howmet Aerospace from $299.00 to $326.00 and gave the company a “neutral” rating in a report on Friday, August 7th. Finally, Susquehanna lifted their price target on shares of Howmet Aerospace from $330.00 to $340.00 and gave the stock a “positive” rating in a research note on Friday, August 7th. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, Howmet Aerospace currently has an average rating of “Moderate Buy” and an average target price of $315.67.

Howmet Aerospace Stock Performance

HWM stock opened at $292.76 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. Howmet Aerospace Inc. has a 1 year low of $169.45 and a 1 year high of $310.00. The company has a market cap of $117.14 billion, a P/E ratio of 63.10, a price-to-earnings-growth ratio of 2.07 and a beta of 1.20. The stock’s fifty day moving average price is $277.61 and its 200-day moving average price is $257.54.

Howmet Aerospace (NYSE:HWM) last posted its quarterly earnings data on Thursday, August 6th. The company reported $1.33 EPS for the quarter, beating analysts’ consensus estimates of $1.24 by $0.09. The company had revenue of $2.55 billion during 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%.Howmet Aerospace’s revenue for the quarter was up 24.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.91 earnings per share. 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. On average, equities analysts forecast that Howmet Aerospace Inc. will post 5.33 earnings per share for the current year.

Howmet Aerospace Increases Dividend

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

Howmet Aerospace Company Profile

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.