OVERSEA CHINESE BANKING Corp Ltd Acquires Shares of 2,150 Howmet Aerospace Inc. $HWM

OVERSEA CHINESE BANKING Corp Ltd bought a new position in shares of Howmet Aerospace Inc. (NYSE:HWM) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 2,150 shares of the company’s stock, valued at approximately $578,000.

Several other institutional investors and hedge funds also recently made changes to their positions in HWM. BlackRock Inc. bought a new position in Howmet Aerospace during the second quarter worth about $12,318,939,000. State Street Corp increased its position in shares of Howmet Aerospace by 2.2% during the fourth quarter. State Street Corp now owns 18,365,429 shares of the company’s stock worth $3,765,280,000 after acquiring an additional 400,767 shares in the last quarter. Price T Rowe Associates Inc. MD increased its holdings in Howmet Aerospace by 27.0% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 16,632,206 shares of the company’s stock worth $3,409,936,000 after purchasing an additional 3,531,700 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of Howmet Aerospace by 2.0% during the fourth quarter. Geode Capital Management LLC now owns 11,307,538 shares of the company’s stock worth $2,316,277,000 after buying an additional 221,775 shares in the last quarter. Finally, Bank of America Corp DE grew its stake in shares of Howmet Aerospace by 1.7% during the 1st quarter. Bank of America Corp DE now owns 10,728,447 shares of the company’s stock worth $2,472,478,000 after acquiring an additional 177,533 shares in the last quarter. Institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Stock Down 0.8%

Howmet Aerospace stock opened at $271.58 on Friday. The company’s 50-day moving average price is $278.62 and its two-hundred day moving average price is $258.62. 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 stock has a market cap of $108.66 billion, a P/E ratio of 58.53, a P/E/G ratio of 1.96 and a beta of 1.20. Howmet Aerospace Inc. has a twelve month low of $170.24 and a twelve month high of $310.00.

Howmet Aerospace (NYSE:HWM) last issued its quarterly earnings data 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 analysts’ expectations of $2.43 billion. During the same quarter in the previous year, the company posted $0.91 earnings per share. The business’s 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. As a group, analysts expect that Howmet Aerospace Inc. will post 5.33 EPS for the current year.

Howmet Aerospace Increases Dividend

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

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on HWM shares. Zacks Research upgraded shares of Howmet Aerospace from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 12th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $370.00 target price on shares of Howmet Aerospace in a research report on Sunday, August 9th. Weiss Ratings raised Howmet Aerospace from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday. Citigroup restated a “buy” rating on shares of Howmet Aerospace in a research note on Wednesday, August 12th. Finally, Susquehanna boosted their price target on Howmet Aerospace from $330.00 to $340.00 and gave the stock a “positive” rating in a research report on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, Howmet Aerospace presently has a consensus rating of “Moderate Buy” and a consensus price target of $315.67.

Howmet Aerospace Company 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.