3,370 Shares in Howmet Aerospace Inc. $HWM Bought by Tocqueville Asset Management L.P.

Tocqueville Asset Management L.P. purchased a new position in shares of Howmet Aerospace Inc. (NYSE:HWM) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,370 shares of the company’s stock, valued at approximately $906,000.

A number of other large investors have also recently added to or reduced their stakes in HWM. BlackRock Inc. acquired a new stake in Howmet Aerospace in the 2nd quarter valued at about $12,318,939,000. Norges Bank bought a new stake in Howmet Aerospace in the fourth quarter valued at approximately $1,793,698,000. Bank of New York Mellon Corp acquired a new stake in shares of Howmet Aerospace in the second quarter valued at approximately $1,099,765,000. Price T Rowe Associates Inc. MD lifted its position in shares of Howmet Aerospace by 27.0% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 16,632,206 shares of the company’s stock valued at $3,409,936,000 after buying an additional 3,531,700 shares during the last quarter. Finally, Auto Owners Insurance Co boosted its stake in shares of Howmet Aerospace by 20,402.0% during the 4th quarter. Auto Owners Insurance Co now owns 1,441,906 shares of the company’s stock worth $29,562,000 after acquiring an additional 1,434,873 shares during the period. Institutional investors and hedge funds own 90.46% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. Susquehanna boosted 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. JPMorgan Chase & Co. upped their price objective on shares of Howmet Aerospace from $310.00 to $350.00 and gave the company an “overweight” rating in a report on Monday, August 10th. Wall Street Zen cut shares of Howmet Aerospace from a “strong-buy” rating to a “buy” rating in a research note on Sunday, July 5th. Royal Bank Of Canada lifted their target price on shares of Howmet Aerospace from $325.00 to $350.00 and gave the stock an “outperform” rating in a report on Friday, August 7th. Finally, Zacks Research upgraded shares of Howmet Aerospace from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 12th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $315.67.

Howmet Aerospace Stock Performance

Shares of NYSE:HWM opened at $273.39 on Friday. The company’s 50 day moving average price is $278.47 and its two-hundred day moving average price is $258.53. Howmet Aerospace Inc. has a 12-month low of $170.24 and a 12-month high of $310.00. The firm has a market cap of $109.39 billion, a PE ratio of 58.92, a PEG ratio of 2.03 and a beta of 1.20. 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 quarterly earnings results on Thursday, August 6th. The company reported $1.33 earnings per share for the quarter, beating analysts’ consensus estimates of $1.24 by $0.09. The company had revenue of $2.55 billion during the quarter, compared to the consensus estimate of $2.43 billion. Howmet Aerospace had a net margin of 20.52% and a return on equity of 33.91%. The firm’s quarterly revenue was up 24.1% on a year-over-year basis. During the same period in the previous 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. Equities research analysts predict that Howmet Aerospace Inc. will post 5.33 earnings per share for the current year.

Howmet Aerospace Increases Dividend

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

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.