Nomura Asset Management Co. Ltd. Buys 7,111 Shares of Howmet Aerospace Inc. $HWM

Nomura Asset Management Co. Ltd. raised its stake in Howmet Aerospace Inc. (NYSE:HWM) by 5.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 150,246 shares of the company’s stock after acquiring an additional 7,111 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in Howmet Aerospace were worth $30,803,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. Sound Income Strategies LLC grew its position in shares of Howmet Aerospace by 66.7% during the 4th quarter. Sound Income Strategies LLC now owns 125 shares of the company’s stock worth $28,000 after purchasing an additional 50 shares in the last quarter. Newbridge Financial Services Group Inc. grew its position in shares of Howmet Aerospace by 119.7% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock worth $25,000 after purchasing an additional 73 shares in the last quarter. Laurel Wealth Advisors LLC acquired a new position in shares of Howmet Aerospace during the 4th quarter worth approximately $36,000. Ares Financial Consulting LLC acquired a new position in shares of Howmet Aerospace during the 4th quarter worth approximately $37,000. Finally, Harbor Investment Advisory LLC grew its position in shares of Howmet Aerospace by 339.0% during the 4th quarter. Harbor Investment Advisory LLC now owns 180 shares of the company’s stock worth $37,000 after purchasing an additional 139 shares in the last quarter. 90.46% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have issued reports on HWM shares. Royal Bank Of Canada increased their target price on shares of Howmet Aerospace from $275.00 to $300.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 11th. Wells Fargo & Company started coverage on shares of Howmet Aerospace in a research report on Wednesday, April 1st. They set an “equal weight” rating and a $240.00 target price on the stock. Citigroup increased their target price on shares of Howmet Aerospace from $271.00 to $303.00 and gave the stock a “buy” rating in a research report on Monday, May 18th. Morgan Stanley restated an “overweight” rating and set a $315.00 target price on shares of Howmet Aerospace in a research report on Friday, May 8th. Finally, Bank of America increased their target price on shares of Howmet Aerospace from $250.00 to $300.00 and gave the stock a “buy” rating in a research report on Friday, February 20th. Eighteen investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $285.53.

Howmet Aerospace Stock Performance

NYSE HWM opened at $255.24 on Tuesday. 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 firm has a market capitalization of $102.12 billion, a price-to-earnings ratio of 59.22, a P/E/G ratio of 2.04 and a beta of 1.19. The firm’s 50 day simple moving average is $249.76 and its 200 day simple moving average is $230.69. Howmet Aerospace Inc. has a 1 year low of $165.51 and a 1 year high of $280.74.

Howmet Aerospace (NYSE:HWM) last posted its quarterly earnings results on Thursday, May 7th. The company reported $1.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.11 by $0.11. The business had revenue of $2.31 billion for the quarter, compared to analyst estimates of $2.24 billion. Howmet Aerospace had a net margin of 20.23% and a return on equity of 29.27%. The firm’s revenue for the quarter was up 19.1% on a year-over-year basis. During the same quarter last year, the business posted $0.86 EPS. 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. As a group, research analysts expect that Howmet Aerospace Inc. will post 5.04 earnings per share for the current fiscal year.

Howmet Aerospace Announces Dividend

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

Insider Buying and Selling

In related news, EVP Neil Edward Marchuk sold 41,932 shares of the stock in a transaction that occurred on 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 owned 65,105 shares of the company’s stock, valued at $17,545,797.50. This represents a 39.18% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.85% of the stock is currently owned by insiders.

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.