Royal London Asset Management Ltd. Sells 24,236 Shares of Howmet Aerospace Inc. $HWM

Royal London Asset Management Ltd. decreased its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM) by 10.1% during the second quarter, HoldingsChannel reports. The firm owned 216,134 shares of the company’s stock after selling 24,236 shares during the period. Royal London Asset Management Ltd.’s holdings in Howmet Aerospace were worth $58,110,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Mufg Securities Americas Inc. boosted its stake in shares of Howmet Aerospace by 8.6% during the second quarter. Mufg Securities Americas Inc. now owns 12,051 shares of the company’s stock valued at $3,240,000 after purchasing an additional 957 shares in the last quarter. Van ECK Associates Corp lifted its holdings in Howmet Aerospace by 32.2% during the second quarter. Van ECK Associates Corp now owns 103,514 shares of the company’s stock worth $27,831,000 after buying an additional 25,224 shares during the period. Nissay Asset Management Corp Japan lifted its holdings in Howmet Aerospace by 7.6% during the second quarter. Nissay Asset Management Corp Japan now owns 54,737 shares of the company’s stock worth $14,717,000 after buying an additional 3,869 shares during the period. Navellier & Associates Inc. boosted its position in Howmet Aerospace by 12.8% during the 2nd quarter. Navellier & Associates Inc. now owns 82,136 shares of the company’s stock valued at $22,083,000 after acquiring an additional 9,324 shares in the last quarter. Finally, Hsbc Holdings PLC boosted its position in Howmet Aerospace by 24.8% during the 2nd quarter. Hsbc Holdings PLC now owns 855,887 shares of the company’s stock valued at $229,496,000 after acquiring an additional 170,052 shares in the last quarter. Institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Price Performance

Shares of HWM opened at $264.48 on Friday. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.82 and a quick ratio of 0.87. The company’s fifty day moving average price is $277.41 and its 200-day moving average price is $260.48. Howmet Aerospace Inc. has a 1-year low of $170.81 and a 1-year high of $310.00. The firm has a market capitalization of $105.82 billion, a PE ratio of 57.00, a price-to-earnings-growth ratio of 1.89 and a beta of 1.20.

Howmet Aerospace (NYSE:HWM) last issued its earnings results on Thursday, August 6th. The company reported $1.33 earnings per share (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 during the quarter, compared to analyst estimates of $2.43 billion. During the same quarter last year, the business posted $0.91 EPS. The firm’s quarterly revenue was up 24.1% on a year-over-year basis. 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. On average, equities research analysts predict that Howmet Aerospace Inc. will post 5.33 EPS for the current year.

Howmet Aerospace Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, August 25th. Investors of record on Friday, August 7th were issued a $0.14 dividend. 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 is currently 12.07%.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. BNP Paribas Exane restated an “outperform” rating and set a $340.00 price objective (up from $265.00) on shares of Howmet Aerospace in a research note on Friday, May 8th. Zacks Research upgraded Howmet Aerospace from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 12th. BTIG Research boosted their target price on shares of Howmet Aerospace from $300.00 to $340.00 and gave the stock a “buy” rating in a report on Monday, August 10th. Royal Bank Of Canada increased their price target on shares of Howmet Aerospace from $325.00 to $350.00 and gave the company an “outperform” rating in a research report on Friday, August 7th. Finally, Weiss Ratings upgraded shares of Howmet Aerospace from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, August 19th. One equities research 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’s stock. According to data from MarketBeat, Howmet Aerospace presently has a consensus rating of “Moderate Buy” and an average price target of $316.22.

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.