Van ECK Associates Corp Has $27.83 Million Holdings in Howmet Aerospace Inc. $HWM

Van ECK Associates Corp grew its position in shares of Howmet Aerospace Inc. (NYSE:HWM) by 32.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 103,514 shares of the company’s stock after buying an additional 25,224 shares during the quarter. Van ECK Associates Corp’s holdings in Howmet Aerospace were worth $27,831,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. West Paces Advisors Inc. bought a new position in Howmet Aerospace in the 2nd quarter valued at $27,000. Bartlett & CO. Wealth Management LLC raised its holdings in shares of Howmet Aerospace by 55.1% in the second quarter. Bartlett & CO. Wealth Management LLC now owns 107 shares of the company’s stock valued at $29,000 after buying an additional 38 shares during the last quarter. Acumen Wealth Advisors LLC acquired a new position in Howmet Aerospace during the 4th quarter worth about $25,000. Newbridge Financial Services Group Inc. lifted its position in 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 buying an additional 73 shares in the last quarter. Finally, Vermillion & White Wealth Management Group LLC grew its holdings in Howmet Aerospace by 65.1% during the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 137 shares of the company’s stock worth $28,000 after acquiring an additional 54 shares during the last quarter. Institutional investors own 90.46% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. TD Cowen boosted their target price on shares of Howmet Aerospace from $300.00 to $320.00 and gave the stock a “buy” rating in a research note on Monday, July 13th. Wells Fargo & Company restated an “outperform” rating and issued a $315.00 price objective on shares of Howmet Aerospace in a research report on Monday, August 10th. Sanford C. Bernstein increased their price objective on Howmet Aerospace from $318.00 to $328.00 and gave the company an “outperform” rating in a research report on Monday, August 24th. Morgan Stanley reissued an “overweight” rating and issued a $335.00 target price on shares of Howmet Aerospace in a research note on Monday, August 10th. Finally, BTIG Research boosted their target price on Howmet Aerospace from $300.00 to $340.00 and gave the stock a “buy” rating in a research report on Monday, August 10th. One investment 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 stock. According to MarketBeat, Howmet Aerospace presently has an average rating of “Moderate Buy” and an average price target of $316.22.

Howmet Aerospace Price Performance

Shares of HWM stock opened at $264.48 on Monday. Howmet Aerospace Inc. has a 52-week low of $170.81 and a 52-week high of $310.00. The stock has a market cap of $105.82 billion, a PE ratio of 57.00, a PEG ratio of 1.89 and a beta of 1.20. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.87 and a current ratio of 1.82. The firm’s 50 day moving average price is $277.41 and its two-hundred day moving average price is $260.72.

Howmet Aerospace (NYSE:HWM) last issued its earnings results on Thursday, August 6th. The company reported $1.33 EPS for the quarter, beating the consensus estimate of $1.24 by $0.09. Howmet Aerospace had a net margin of 20.52% and a return on equity of 33.91%. The company had revenue of $2.55 billion during the quarter, compared to analysts’ expectations of $2.43 billion. During the same quarter in the previous year, the company posted $0.91 EPS. The business’s revenue for the quarter was up 24.1% compared to the same quarter last year. 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, analysts forecast that Howmet Aerospace Inc. will post 5.33 EPS for the current year.

Howmet Aerospace Increases Dividend

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

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.