Rakuten Investment Management Inc. Raises Stock Holdings in Howmet Aerospace Inc. $HWM

Rakuten Investment Management Inc. lifted its holdings in Howmet Aerospace Inc. (NYSE:HWM) by 17,260.7% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 52,082 shares of the company’s stock after purchasing an additional 51,782 shares during the period. Rakuten Investment Management Inc.’s holdings in Howmet Aerospace were worth $10,911,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of HWM. Newbridge Financial Services Group Inc. raised its holdings in shares of Howmet Aerospace by 119.7% in the second quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock worth $25,000 after buying an additional 73 shares during the period. Acumen Wealth Advisors LLC purchased a new stake in shares of Howmet Aerospace in the fourth quarter worth approximately $25,000. Sound Income Strategies LLC raised its holdings in shares of Howmet Aerospace by 66.7% in the fourth quarter. Sound Income Strategies LLC now owns 125 shares of the company’s stock worth $28,000 after buying an additional 50 shares during the period. Cornerstone Financial Management LLC purchased a new stake in shares of Howmet Aerospace in the fourth quarter worth approximately $28,000. Finally, J.Safra Asset Management Corp purchased a new stake in shares of Howmet Aerospace in the fourth quarter worth approximately $30,000. 90.46% of the stock is currently owned by hedge funds and other institutional investors.

Howmet Aerospace Stock Up 2.8%

Shares of NYSE:HWM opened at $277.97 on Wednesday. Howmet Aerospace Inc. has a 52-week low of $169.06 and a 52-week high of $280.74. The stock has a market cap of $111.22 billion, a P/E ratio of 64.50, a price-to-earnings-growth ratio of 2.14 and a beta of 1.19. The business’s 50 day moving average is $255.12 and its 200 day moving average is $235.02. The company has a quick ratio of 1.59, a current ratio of 2.44 and a debt-to-equity ratio of 0.73.

Howmet Aerospace (NYSE:HWM) last announced its quarterly earnings data 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. Howmet Aerospace had a return on equity of 29.27% and a net margin of 20.23%.The company had revenue of $2.31 billion for the quarter, compared to analysts’ expectations of $2.24 billion. During the same quarter in the prior year, the firm earned $0.86 earnings per share. Howmet Aerospace’s 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. Sell-side analysts predict that Howmet Aerospace Inc. will post 5.04 EPS for the current year.

Howmet Aerospace Dividend Announcement

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

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on HWM. Citigroup increased their price target on Howmet Aerospace from $271.00 to $303.00 and gave the stock a “buy” rating in a report on Monday, May 18th. Jefferies Financial Group reissued a “buy” rating and issued a $320.00 price objective on shares of Howmet Aerospace in a research note on Sunday, May 10th. Truist Financial set a $280.00 price objective on Howmet Aerospace in a research note on Wednesday, March 11th. Sanford C. Bernstein reissued an “outperform” rating and issued a $318.00 price objective on shares of Howmet Aerospace in a research note on Tuesday. Finally, Morgan Stanley reissued an “overweight” rating and issued a $315.00 price objective on shares of Howmet Aerospace in a research note on Friday, May 8th. Eighteen research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, Howmet Aerospace has an average rating of “Moderate Buy” and an average target price of $287.53.

Insider Transactions at Howmet Aerospace

In other Howmet Aerospace news, EVP Neil Edward Marchuk sold 41,932 shares of the stock in a transaction on Monday, May 11th. The stock was sold at an average price of $269.50, for a total transaction of $11,300,674.00. Following the sale, the executive vice president 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.85% of the company’s stock.

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.