National Pension Service Buys 39,343 Shares of Howmet Aerospace Inc. $HWM

National Pension Service grew its stake in shares of Howmet Aerospace Inc. (NYSE:HWM) by 3.7% during the 2nd quarter, Holdings Channel.com reports. The firm owned 1,111,079 shares of the company’s stock after buying an additional 39,343 shares during the quarter. National Pension Service’s holdings in Howmet Aerospace were worth $298,725,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in HWM. Newbridge Financial Services Group Inc. grew its stake in shares of Howmet Aerospace by 119.7% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock valued at $25,000 after buying an additional 73 shares during the period. Acumen Wealth Advisors LLC acquired a new position in Howmet Aerospace during the 4th quarter worth approximately $25,000. West Paces Advisors Inc. bought a new position in Howmet Aerospace in the second quarter worth approximately $27,000. Cornerstone Financial Management LLC bought a new position in Howmet Aerospace in the fourth quarter worth approximately $28,000. Finally, Vermillion & White Wealth Management Group LLC grew its stake in Howmet Aerospace by 65.1% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 137 shares of the company’s stock valued at $28,000 after acquiring an additional 54 shares during the period. Institutional investors own 90.46% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. Jefferies Financial Group restated a “buy” rating and set a $370.00 price target on shares of Howmet Aerospace in a research note on Sunday, August 9th. Royal Bank Of Canada raised their price target on shares of Howmet Aerospace from $325.00 to $350.00 and gave the company an “outperform” rating in a research report on Friday, August 7th. Susquehanna lifted their price target on Howmet Aerospace from $330.00 to $340.00 and gave the company a “positive” rating in a research note on Friday, August 7th. Morgan Stanley reissued an “overweight” rating and set a $335.00 price objective on shares of Howmet Aerospace in a report on Monday, August 10th. Finally, Zacks Research upgraded Howmet Aerospace from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 12th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Howmet Aerospace presently has an average rating of “Moderate Buy” and an average price target of $316.22.

Howmet Aerospace Price Performance

Howmet Aerospace stock opened at $232.41 on Thursday. Howmet Aerospace Inc. has a 52 week low of $179.62 and a 52 week high of $310.00. The company’s 50 day moving average price is $273.79 and its two-hundred day moving average price is $261.01. The stock has a market cap of $92.99 billion, a P/E ratio of 50.09, a P/E/G ratio of 2.09 and a beta of 1.19. The company has a quick ratio of 0.87, a current ratio of 1.82 and a debt-to-equity ratio of 0.71.

Howmet Aerospace (NYSE:HWM) last released its earnings results on Thursday, August 6th. The company reported $1.33 earnings per share (EPS) for the quarter, beating the consensus estimate 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 quarterly revenue was up 24.1% on a year-over-year basis. During the same period in the prior year, the company posted $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, equities analysts predict that Howmet Aerospace Inc. will post 5.33 earnings per share for the current year.

Howmet Aerospace Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, August 25th. Shareholders of record on Friday, August 7th were paid a $0.14 dividend. This is a boost from Howmet Aerospace’s previous quarterly dividend of $0.12. The ex-dividend date was Friday, August 7th. This represents a $0.56 dividend on an annualized basis and a yield of 0.2%. Howmet Aerospace’s dividend payout ratio is currently 12.07%.

Howmet Aerospace Profile

Howmet Aerospace Inc (NYSE:HWM) is an aerospace and industrial manufacturer that develops and produces engineered components for commercial and defense aircraft, as well as products for transportation, energy and other industrial markets. Its offerings include aircraft engine components, airframe structures, fastening systems and forged aluminum wheels for commercial transportation.

The company’s aerospace products include turbine airfoils, engine casings, structural components and other specialized parts designed to support aircraft performance and efficiency.