3,450 Shares in Howmet Aerospace Inc. $HWM Purchased by Meiji Yasuda Asset Management Co Ltd.

Meiji Yasuda Asset Management Co Ltd. purchased a new stake in Howmet Aerospace Inc. (NYSE:HWM) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 3,450 shares of the company’s stock, valued at approximately $928,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Newbridge Financial Services Group Inc. lifted its stake 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. Acumen Wealth Advisors LLC bought a new stake in shares of Howmet Aerospace during the 4th quarter valued at approximately $25,000. West Paces Advisors Inc. acquired a new position in Howmet Aerospace during the 2nd quarter worth approximately $27,000. Cornerstone Financial Management LLC bought a new position in Howmet Aerospace in the 4th quarter valued at approximately $28,000. Finally, Vermillion & White Wealth Management Group LLC boosted its position 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 buying an additional 54 shares in the last quarter. Institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Price Performance

Howmet Aerospace stock opened at $264.17 on Wednesday. The stock’s 50 day moving average is $278.18 and its 200 day moving average is $259.72. Howmet Aerospace Inc. has a one year low of $170.81 and a one year high of $310.00. The firm has a market cap of $105.70 billion, a P/E ratio of 56.93, a P/E/G ratio of 1.88 and a beta of 1.20. 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 (NYSE:HWM) last released 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. The firm had revenue of $2.55 billion during the quarter, compared to analyst estimates of $2.43 billion. Howmet Aerospace had a net margin of 20.52% and a return on equity of 33.91%. The company’s revenue was up 24.1% compared to the same quarter last year. During the same quarter last 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. As a group, research analysts expect that Howmet Aerospace Inc. will post 5.33 EPS for the current year.

Howmet Aerospace Increases Dividend

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

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. Susquehanna increased their price target on Howmet Aerospace from $330.00 to $340.00 and gave the company a “positive” rating in a research note on Friday, August 7th. Wells Fargo & Company reaffirmed an “outperform” rating and issued a $315.00 price objective on shares of Howmet Aerospace in a research note on Monday, August 10th. Royal Bank Of Canada raised their price target on shares of Howmet Aerospace from $325.00 to $350.00 and gave the company an “outperform” rating in a research note on Friday, August 7th. Jefferies Financial Group reiterated a “buy” rating and set a $370.00 price target on shares of Howmet Aerospace in a report on Sunday, August 9th. Finally, BTIG Research boosted their price objective on shares of Howmet Aerospace from $300.00 to $340.00 and gave the stock a “buy” rating in a research note on Monday, August 10th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, Howmet Aerospace currently has an average rating of “Moderate Buy” and a consensus target price of $316.22.

Howmet Aerospace 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.