Korea Investment CORP Takes Position in Howmet Aerospace Inc. $HWM

Korea Investment CORP acquired a new stake in Howmet Aerospace Inc. (NYSE:HWM) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 291,625 shares of the company’s stock, valued at approximately $78,406,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. EP Wealth Advisors LLC purchased a new position in Howmet Aerospace during the second quarter worth about $1,888,000. Heartland Bank & Trust Co purchased a new stake in shares of Howmet Aerospace in the 2nd quarter valued at approximately $664,000. Rakuten Securities Inc. acquired a new stake in shares of Howmet Aerospace during the 2nd quarter worth approximately $112,000. Callan Family Office LLC acquired a new stake in shares of Howmet Aerospace during the 2nd quarter worth approximately $1,910,000. Finally, Expressive Wealth LLC purchased a new stake in shares of Howmet Aerospace during the 2nd quarter valued at approximately $311,000. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on HWM. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $320.00 price objective on shares of Howmet Aerospace in a research report on Friday, May 8th. Royal Bank Of Canada upped their price target on Howmet Aerospace from $325.00 to $350.00 and gave the company an “outperform” rating in a research note on Friday, August 7th. BTIG Research increased their price target on Howmet Aerospace from $300.00 to $340.00 and gave the stock a “buy” rating in a report on Monday, August 10th. JPMorgan Chase & Co. raised their price objective on Howmet Aerospace from $310.00 to $350.00 and gave the stock an “overweight” rating in a research report on Monday, August 10th. Finally, Morgan Stanley restated an “overweight” rating and issued a $335.00 price objective on shares of Howmet Aerospace in a 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 issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $315.67.

Howmet Aerospace Stock Down 0.8%

Howmet Aerospace stock opened at $271.58 on Friday. Howmet Aerospace Inc. has a fifty-two week low of $170.24 and a fifty-two week high of $310.00. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.87 and a current ratio of 1.82. The firm has a 50 day moving average price of $278.62 and a 200 day moving average price of $258.62. The company has a market capitalization of $108.66 billion, a PE ratio of 58.53, a price-to-earnings-growth ratio of 1.96 and a beta of 1.20.

Howmet Aerospace (NYSE:HWM) last released its quarterly earnings results on Thursday, August 6th. The company reported $1.33 EPS for the quarter, topping analysts’ consensus estimates of $1.24 by $0.09. Howmet Aerospace had a return on equity of 33.91% and a net margin of 20.52%.The company had revenue of $2.55 billion for the quarter, compared to analysts’ expectations of $2.43 billion. During the same period in the prior year, the firm earned $0.91 earnings per share. The firm’s revenue was up 24.1% compared to the same quarter last year. 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. Research analysts expect that Howmet Aerospace Inc. will post 5.33 earnings per share for the current year.

Howmet Aerospace Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 25th. Investors of record on Friday, August 7th will be issued a $0.14 dividend. The ex-dividend date is Friday, August 7th. This represents a $0.56 annualized dividend and a dividend yield of 0.2%. This is a boost from Howmet Aerospace’s previous quarterly dividend of $0.12. Howmet Aerospace’s dividend payout ratio (DPR) is presently 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.