65,490 Shares in Howmet Aerospace Inc. $HWM Purchased by Rakuten Investment Management Inc.

Rakuten Investment Management Inc. bought a new stake in shares of Howmet Aerospace Inc. (NYSE:HWM) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 65,490 shares of the company’s stock, valued at approximately $17,589,000.

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

Howmet Aerospace Trading Down 1.2%

HWM stock opened at $264.48 on Friday. Howmet Aerospace Inc. has a 52-week low of $170.81 and a 52-week high of $310.00. The company has a quick ratio of 0.87, a current ratio of 1.82 and a debt-to-equity ratio of 0.71. The firm has a market cap of $105.82 billion, a P/E ratio of 57.00, a PEG ratio of 1.91 and a beta of 1.20. The company’s 50-day simple moving average is $277.41 and its 200-day simple moving average is $260.48.

Howmet Aerospace (NYSE:HWM) last announced its earnings results on Thursday, August 6th. The company reported $1.33 earnings per share for the quarter, topping the consensus estimate of $1.24 by $0.09. The business had revenue of $2.55 billion during the quarter, compared to the consensus estimate of $2.43 billion. Howmet Aerospace had a return on equity of 33.91% and a net margin of 20.52%.The business’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 EPS. 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. As a group, equities analysts forecast that Howmet Aerospace Inc. will post 5.33 EPS for the current fiscal year.

Howmet Aerospace Increases Dividend

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

Analysts Set New Price Targets

Several research analysts recently issued reports on HWM shares. Susquehanna upped their target price on Howmet Aerospace from $330.00 to $340.00 and gave the company a “positive” rating in a research report on Friday, August 7th. TD Cowen raised their price target on Howmet Aerospace from $300.00 to $320.00 and gave the stock a “buy” rating in a report on Monday, July 13th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $320.00 price target on shares of Howmet Aerospace in a research note on Friday, May 8th. Citigroup restated a “buy” rating on shares of Howmet Aerospace in a report on Wednesday, August 12th. Finally, Wells Fargo & Company reaffirmed an “outperform” rating and issued a $315.00 price objective on shares of Howmet Aerospace in a research report on Monday, August 10th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Howmet Aerospace has an average rating of “Moderate Buy” and an average target price of $316.22.

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.