Howmet Aerospace Inc. $HWM Shares Acquired by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in Howmet Aerospace Inc. (NYSE:HWM) by 4.6% during the third quarter, HoldingsChannel reports. The institutional investor owned 791,490 shares of the company’s stock after acquiring an additional 34,482 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Howmet Aerospace were worth $155,314,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of HWM. AlphaCore Capital LLC boosted its stake in Howmet Aerospace by 48.9% in the third quarter. AlphaCore Capital LLC now owns 1,485 shares of the company’s stock valued at $291,000 after acquiring an additional 488 shares in the last quarter. Westfield Capital Management Co. LP lifted its holdings in shares of Howmet Aerospace by 4.8% in the 3rd quarter. Westfield Capital Management Co. LP now owns 2,007,453 shares of the company’s stock valued at $393,922,000 after purchasing an additional 91,498 shares during the last quarter. Intech Investment Management LLC boosted its position in shares of Howmet Aerospace by 202.9% in the 3rd quarter. Intech Investment Management LLC now owns 51,902 shares of the company’s stock valued at $10,185,000 after purchasing an additional 34,769 shares during the period. RWA Wealth Partners LLC boosted its position in shares of Howmet Aerospace by 4.1% in the 3rd quarter. RWA Wealth Partners LLC now owns 3,730 shares of the company’s stock valued at $732,000 after purchasing an additional 146 shares during the period. Finally, Optiver Holding B.V. purchased a new position in Howmet Aerospace during the 3rd quarter worth approximately $129,000. 90.46% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on HWM. iA Financial set a $240.00 price objective on Howmet Aerospace in a research note on Monday, November 3rd. Susquehanna upped their price target on shares of Howmet Aerospace from $255.00 to $290.00 and gave the company a “positive” rating in a research report on Friday, February 13th. Wall Street Zen upgraded shares of Howmet Aerospace from a “hold” rating to a “buy” rating in a research note on Sunday, January 18th. Bank of America lifted their price objective on shares of Howmet Aerospace from $250.00 to $300.00 and gave the company a “buy” rating in a research note on Friday, February 20th. Finally, Jefferies Financial Group reiterated a “buy” rating and set a $315.00 target price on shares of Howmet Aerospace in a research note on Sunday, February 15th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $252.95.

Howmet Aerospace Stock Up 0.3%

Shares of Howmet Aerospace stock opened at $260.30 on Friday. Howmet Aerospace Inc. has a one year low of $105.04 and a one year high of $261.83. The company has a market cap of $104.36 billion, a P/E ratio of 70.16, a PEG ratio of 2.41 and a beta of 1.26. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.09 and a current ratio of 2.13. The firm has a fifty day moving average of $223.43 and a two-hundred day moving average of $202.44.

Howmet Aerospace (NYSE:HWM) last issued its quarterly earnings results on Thursday, February 12th. The company reported $1.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.97 by $0.08. The business had revenue of $2.17 billion for the quarter, compared to analyst estimates of $2.12 billion. Howmet Aerospace had a net margin of 18.27% and a return on equity of 30.41%. The business’s revenue was up 14.6% compared to the same quarter last year. During the same period in the previous year, the business posted $0.77 earnings per share. Howmet Aerospace has set its Q1 2026 guidance at 1.090-1.110 EPS and its FY 2026 guidance at 4.350-4.550 EPS. On average, analysts forecast that Howmet Aerospace Inc. will post 3.27 earnings per share for the current year.

Howmet Aerospace Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 25th. Stockholders of record on Friday, February 6th were paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend was Friday, February 6th. Howmet Aerospace’s dividend payout ratio is 12.94%.

Insider Activity

In other news, EVP Neil Edward Marchuk sold 45,150 shares of the firm’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $251.70, for a total value of $11,364,255.00. Following the completion of the sale, the executive vice president directly owned 107,008 shares of the company’s stock, valued at $26,933,913.60. This trade represents a 29.67% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 1.04% 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.