Nissay Asset Management Corp Japan Purchases 3,869 Shares of Howmet Aerospace Inc. $HWM

Nissay Asset Management Corp Japan lifted its position in shares of Howmet Aerospace Inc. (NYSE:HWM) by 7.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 54,737 shares of the company’s stock after buying an additional 3,869 shares during the quarter. Nissay Asset Management Corp Japan’s holdings in Howmet Aerospace were worth $14,717,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Brighton Jones LLC lifted its stake in shares of Howmet Aerospace by 5.4% in the 4th quarter. Brighton Jones LLC now owns 2,548 shares of the company’s stock valued at $279,000 after purchasing an additional 130 shares during the period. Acadian Asset Management LLC bought a new position in Howmet Aerospace during the first quarter worth $399,000. Sivia Capital Partners LLC bought a new position in Howmet Aerospace during the second quarter worth $216,000. Brown Advisory Inc. grew its holdings in Howmet Aerospace by 31.0% in the second quarter. Brown Advisory Inc. now owns 4,180 shares of the company’s stock worth $778,000 after purchasing an additional 990 shares during the period. Finally, Cary Street Partners Financial LLC acquired a new stake in Howmet Aerospace in the second quarter worth $145,000. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

HWM has been the topic of several research reports. Citigroup reiterated a “buy” rating on shares of Howmet Aerospace in a report on Wednesday, August 12th. JPMorgan Chase & Co. increased their price target on Howmet Aerospace from $310.00 to $350.00 and gave the stock an “overweight” rating in a report on Monday, August 10th. Jefferies Financial Group reissued a “buy” rating and issued a $370.00 price objective on shares of Howmet Aerospace in a research note on Sunday, August 9th. Wells Fargo & Company restated an “outperform” rating and set a $315.00 price objective on shares of Howmet Aerospace in a report on Monday, August 10th. Finally, UBS Group upped their target price on Howmet Aerospace from $299.00 to $326.00 and gave the stock a “neutral” rating in a research report on Friday, August 7th. One 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 company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $316.22.

Howmet Aerospace Stock Performance

Shares of HWM opened at $264.48 on Friday. The firm has a market capitalization of $105.82 billion, a P/E ratio of 57.00, a P/E/G ratio of 1.89 and a beta of 1.20. Howmet Aerospace Inc. has a 52 week low of $170.81 and a 52 week high of $310.00. The stock has a 50 day moving average price of $277.41 and a two-hundred day moving average price of $260.48. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.87 and a current ratio of 1.82.

Howmet Aerospace (NYSE:HWM) last posted its 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 for 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%.The company’s revenue for the quarter was up 24.1% on a year-over-year basis. During the same quarter last year, the company 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 analysts forecast that Howmet Aerospace Inc. will post 5.33 earnings per share for the current fiscal year.

Howmet Aerospace Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, August 25th. Shareholders of record on Friday, August 7th were paid a dividend of $0.14 per share. 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 annualized dividend and a yield of 0.2%. Howmet Aerospace’s dividend payout ratio (DPR) is 12.07%.

About Howmet Aerospace

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.