Howmet Aerospace Inc. $HWM Position Raised by Dai ichi Life Insurance Company Ltd

Dai ichi Life Insurance Company Ltd grew its position in shares of Howmet Aerospace Inc. (NYSE:HWM) by 54.8% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 42,367 shares of the company’s stock after purchasing an additional 15,005 shares during the quarter. Dai ichi Life Insurance Company Ltd’s holdings in Howmet Aerospace were worth $9,764,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. UMB Bank n.a. boosted its stake in Howmet Aerospace by 2.6% during the fourth quarter. UMB Bank n.a. now owns 1,620 shares of the company’s stock valued at $332,000 after buying an additional 41 shares in the last quarter. Tudor Financial Inc. raised its position in Howmet Aerospace by 2.6% in the fourth quarter. Tudor Financial Inc. now owns 1,650 shares of the company’s stock worth $338,000 after acquiring an additional 42 shares in the last quarter. Physician Wealth Advisors Inc. raised its position in Howmet Aerospace by 2.5% in the first quarter. Physician Wealth Advisors Inc. now owns 1,730 shares of the company’s stock worth $399,000 after acquiring an additional 42 shares in the last quarter. Roman Butler Fullerton & Co. lifted its holdings in Howmet Aerospace by 0.4% in the 1st quarter. Roman Butler Fullerton & Co. now owns 10,537 shares of the company’s stock valued at $2,634,000 after acquiring an additional 42 shares during the last quarter. Finally, Parkside Financial Bank & Trust lifted its holdings in Howmet Aerospace by 4.1% in the 4th quarter. Parkside Financial Bank & Trust now owns 1,077 shares of the company’s stock valued at $221,000 after acquiring an additional 42 shares during the last quarter. Institutional investors own 90.46% of the company’s stock.

Insider Activity

In related news, EVP Neil Edward Marchuk sold 41,932 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $269.50, for a total value of $11,300,674.00. Following the completion of the sale, the executive vice president owned 65,105 shares in the company, valued at approximately $17,545,797.50. This represents a 39.18% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.85% of the stock is owned by corporate insiders.

Howmet Aerospace Trading Up 0.7%

Shares of HWM opened at $289.09 on Friday. The business’s 50-day moving average price is $267.50 and its 200 day moving average price is $249.26. The company has a current ratio of 2.44, a quick ratio of 1.59 and a debt-to-equity ratio of 0.73. The stock has a market capitalization of $115.67 billion, a P/E ratio of 67.07, a P/E/G ratio of 2.25 and a beta of 1.19. Howmet Aerospace Inc. has a 1-year low of $169.45 and a 1-year high of $293.00.

Howmet Aerospace (NYSE:HWM) last posted its quarterly earnings data on Thursday, May 7th. The company reported $1.22 EPS for the quarter, beating analysts’ consensus estimates of $1.11 by $0.11. Howmet Aerospace had a net margin of 20.23% and a return on equity of 29.27%. The company had revenue of $2.31 billion during the quarter, compared to analyst estimates of $2.24 billion. During the same period in the prior year, the firm earned $0.86 earnings per share. The business’s quarterly revenue was up 19.1% on a year-over-year basis. Howmet Aerospace has set its FY 2026 guidance at 4.880-5.000 EPS and its Q2 2026 guidance at 1.220-1.240 EPS. Analysts expect that Howmet Aerospace Inc. will post 5.05 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $318.00 price objective on shares of Howmet Aerospace in a research note on Tuesday, June 16th. Wells Fargo & Company started coverage on shares of Howmet Aerospace in a research note on Wednesday, April 1st. They set an “equal weight” rating and a $240.00 target price for the company. TD Cowen raised their target price on shares of Howmet Aerospace from $300.00 to $320.00 and gave the stock a “buy” rating in a report on Monday, July 13th. Weiss Ratings restated a “buy (b)” rating on shares of Howmet Aerospace in a research report on Friday, July 17th. Finally, BTIG Research upped their price target on Howmet Aerospace from $275.00 to $300.00 and gave the company a “buy” rating in a report on Friday, May 8th. Eighteen equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, Howmet Aerospace currently has an average rating of “Moderate Buy” and an average target price of $293.21.

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.