45,447 Shares in Howmet Aerospace Inc. $HWM Acquired by Danica Pension Livsforsikringsaktieselskab

Danica Pension Livsforsikringsaktieselskab acquired a new stake in shares of Howmet Aerospace Inc. (NYSE:HWM) in the second quarter, HoldingsChannel reports. The firm acquired 45,447 shares of the company’s stock, valued at approximately $12,219,000.

A number of other large investors also recently bought and sold shares of HWM. Universal Beteiligungs und Servicegesellschaft mbH boosted its position in Howmet Aerospace by 8.2% in the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 475,814 shares of the company’s stock valued at $96,916,000 after buying an additional 36,195 shares during the period. MUFG Securities EMEA plc grew its stake in Howmet Aerospace by 752.6% in the 4th quarter. MUFG Securities EMEA plc now owns 65,783 shares of the company’s stock worth $13,487,000 after acquiring an additional 58,067 shares in the last quarter. M&T Bank Corp increased its position in shares of Howmet Aerospace by 75.0% during the fourth quarter. M&T Bank Corp now owns 42,975 shares of the company’s stock worth $8,810,000 after acquiring an additional 18,417 shares during the period. Sequoia Financial Advisors LLC increased its position in shares of Howmet Aerospace by 57.5% during the fourth quarter. Sequoia Financial Advisors LLC now owns 14,190 shares of the company’s stock worth $2,909,000 after acquiring an additional 5,181 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Howmet Aerospace by 9.8% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 315,508 shares of the company’s stock valued at $64,685,000 after acquiring an additional 28,217 shares in the last quarter. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Stock Performance

Shares of NYSE:HWM opened at $292.76 on Wednesday. The company has a market capitalization of $117.14 billion, a price-to-earnings ratio of 63.10, a price-to-earnings-growth ratio of 2.07 and a beta of 1.20. Howmet Aerospace Inc. has a 52 week low of $169.45 and a 52 week high of $310.00. The company has a quick ratio of 0.87, a current ratio of 1.82 and a debt-to-equity ratio of 0.71. The firm has a 50 day moving average of $277.61 and a 200 day moving average of $257.54.

Howmet Aerospace (NYSE:HWM) last posted its earnings results on Thursday, August 6th. The company reported $1.33 earnings per share for the quarter, topping analysts’ consensus estimates of $1.24 by $0.09. The company had revenue of $2.55 billion during the quarter, compared to analyst estimates 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 was up 24.1% on a year-over-year basis. 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, sell-side analysts predict that Howmet Aerospace Inc. will post 5.33 earnings per share for the current fiscal year.

Howmet Aerospace Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 25th. Investors of record on Friday, August 7th will be paid a dividend of $0.14 per share. This is an increase from Howmet Aerospace’s previous quarterly dividend of $0.12. 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%. Howmet Aerospace’s dividend payout ratio (DPR) is currently 12.07%.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. Citigroup reiterated a “buy” rating on shares of Howmet Aerospace in a report on Wednesday, August 12th. Jefferies Financial Group restated a “buy” rating and set a $370.00 price objective on shares of Howmet Aerospace in a report on Sunday, August 9th. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $318.00 target price on shares of Howmet Aerospace in a research report on Tuesday, June 16th. Susquehanna upped their target price on Howmet Aerospace from $330.00 to $340.00 and gave the stock a “positive” rating in a report on Friday, August 7th. Finally, Wells Fargo & Company reissued an “outperform” rating and set a $315.00 price target on shares of Howmet Aerospace in a research report on Monday, August 10th. One equities 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. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $315.67.

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.