Munich Reinsurance Co Stock Corp in Munich Purchases 24,469 Shares of Howmet Aerospace Inc. $HWM

Munich Reinsurance Co Stock Corp in Munich boosted its position in Howmet Aerospace Inc. (NYSE:HWM) by 14.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 195,422 shares of the company’s stock after buying an additional 24,469 shares during the quarter. Munich Reinsurance Co Stock Corp in Munich’s holdings in Howmet Aerospace were worth $45,037,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of HWM. Acumen Wealth Advisors LLC bought a new stake in Howmet Aerospace during the fourth quarter valued at about $25,000. Sound Income Strategies LLC grew its position in shares of 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 last quarter. 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 worth $25,000 after purchasing an additional 73 shares during the period. Vermillion & White Wealth Management Group LLC increased its stake in shares of Howmet Aerospace by 65.1% in 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 period. Finally, Mcguire Capital Advisors Inc. acquired a new position in shares of Howmet Aerospace during the 4th quarter worth about $28,000. Institutional investors own 90.46% of the company’s stock.

Insider Activity

In other news, EVP Neil Edward Marchuk sold 41,932 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $269.50, for a total transaction 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. The trade was a 39.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.85% of the company’s stock.

Howmet Aerospace Stock Down 1.4%

NYSE HWM opened at $271.53 on Thursday. 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 firm has a 50-day simple moving average of $263.27 and a 200 day simple moving average of $243.78. Howmet Aerospace Inc. has a twelve month low of $169.45 and a twelve month high of $290.63. The stock has a market cap of $108.64 billion, a PE ratio of 63.00, a PEG ratio of 2.18 and a beta of 1.19.

Howmet Aerospace (NYSE:HWM) last released its earnings results on Thursday, May 7th. The company reported $1.22 earnings per share for the quarter, topping analysts’ consensus estimates of $1.11 by $0.11. The business had revenue of $2.31 billion for the quarter, compared to the consensus estimate of $2.24 billion. Howmet Aerospace had a return on equity of 29.27% and a net margin of 20.23%.The firm’s revenue for the quarter was up 19.1% compared to the same quarter last year. During the same period last year, the business earned $0.86 earnings per share. 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. On average, research analysts forecast that Howmet Aerospace Inc. will post 5.05 EPS for the current year.

Howmet Aerospace Announces Dividend

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

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. 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. BNP Paribas Exane reiterated 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. Citigroup upped their price target on Howmet Aerospace from $303.00 to $311.00 and gave the stock a “buy” rating in a report on Wednesday, July 1st. JPMorgan Chase & Co. increased their price objective on Howmet Aerospace from $265.00 to $310.00 and gave the company an “overweight” rating in a research report on Monday, May 11th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Howmet Aerospace in a research note on Tuesday, April 21st. Eighteen investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, Howmet Aerospace has a consensus rating of “Moderate Buy” and an average target price of $287.95.

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.