Resona Asset Management Co. Ltd. Increases Stock Holdings in Howmet Aerospace Inc. $HWM

Resona Asset Management Co. Ltd. grew its stake in shares of Howmet Aerospace Inc. (NYSE:HWM) by 2.7% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 118,806 shares of the company’s stock after purchasing 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 institutional investors have also modified their holdings of the company. State Street Corp raised 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 worth $3,765,280,000 after acquiring an additional 400,767 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its stake in Howmet Aerospace by 27.0% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 16,632,206 shares of the company’s stock valued at $3,409,936,000 after acquiring an additional 3,531,700 shares in the last quarter. Geode Capital Management LLC boosted its stake in Howmet Aerospace by 2.0% in the fourth quarter. Geode Capital Management LLC now owns 11,307,538 shares of the company’s stock valued at $2,316,277,000 after acquiring an additional 221,775 shares in the last quarter. Bank of America Corp DE grew its holdings in shares of Howmet Aerospace by 2.4% during the third quarter. Bank of America Corp DE now owns 10,877,771 shares of the company’s stock worth $2,134,545,000 after purchasing an additional 255,419 shares during the last quarter. Finally, Norges Bank purchased a new position in shares of Howmet Aerospace during the fourth quarter worth about $1,793,698,000. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Stock Performance

NYSE HWM opened at $273.74 on Friday. The company has a current ratio of 2.44, a quick ratio of 1.59 and a debt-to-equity ratio of 0.73. The business’s 50 day moving average is $263.93 and its two-hundred day moving average is $244.28. Howmet Aerospace Inc. has a 12-month low of $169.45 and a 12-month high of $290.63. The stock has a market capitalization of $109.53 billion, a price-to-earnings ratio of 63.51, a PEG ratio of 2.15 and a beta of 1.19.

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

Howmet Aerospace Dividend Announcement

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

Analyst Ratings Changes

Several research firms have recently weighed in on HWM. BNP Paribas Exane reissued an “outperform” rating and issued a $340.00 target price (up from $265.00) on shares of Howmet Aerospace in a report on Friday, May 8th. Weiss Ratings restated a “buy (b)” rating on shares of Howmet Aerospace in a research note on Tuesday, April 21st. KeyCorp initiated coverage on Howmet Aerospace in a research report on Wednesday, March 25th. They set a “sector weight” rating on the stock. Sanford C. Bernstein reiterated an “outperform” rating and issued a $318.00 price objective on shares of Howmet Aerospace in a research note on Tuesday, June 16th. Finally, Wells Fargo & Company initiated coverage on Howmet Aerospace in a report on Wednesday, April 1st. They issued an “equal weight” rating and a $240.00 price objective for the company. Eighteen investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $289.00.

Insider Activity

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

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.