OVERSEA CHINESE BANKING Corp Ltd Invests $578,000 in Howmet Aerospace Inc. $HWM

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

A number of other large investors have also added to or reduced their stakes in HWM. Brighton Jones LLC grew its holdings in shares of Howmet Aerospace by 5.4% during the 4th quarter. Brighton Jones LLC now owns 2,548 shares of the company’s stock worth $279,000 after purchasing an additional 130 shares in the last quarter. Acadian Asset Management LLC acquired a new position in Howmet Aerospace in the first quarter valued at about $399,000. Sivia Capital Partners LLC bought a new stake in Howmet Aerospace during the second quarter worth about $216,000. Brown Advisory Inc. lifted its position in Howmet Aerospace by 31.0% during the second quarter. Brown Advisory Inc. now owns 4,180 shares of the company’s stock worth $778,000 after purchasing an additional 990 shares during the period. Finally, Cary Street Partners Financial LLC acquired a new stake in Howmet Aerospace during the second quarter worth about $145,000. Institutional investors and hedge funds own 90.46% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Citigroup reissued a “buy” rating on shares of Howmet Aerospace in a report on Wednesday, August 12th. Jefferies Financial Group reaffirmed a “buy” rating and set a $370.00 price target on shares of Howmet Aerospace in a report on Sunday, August 9th. Susquehanna increased their price target on shares of Howmet Aerospace from $330.00 to $340.00 and gave the stock a “positive” rating in a research report on Friday, August 7th. JPMorgan Chase & Co. lifted their price objective on shares of Howmet Aerospace from $310.00 to $350.00 and gave the company an “overweight” rating in a research note on Monday, August 10th. Finally, Royal Bank Of Canada boosted their price objective 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. 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 company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $315.67.

Howmet Aerospace Price Performance

Shares of HWM opened at $271.58 on Friday. 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 PE ratio of 58.53, a PEG ratio of 1.96 and a beta of 1.20. Howmet Aerospace Inc. has a 12-month low of $170.24 and a 12-month high of $310.00. The business has a 50-day simple moving average of $278.62 and a two-hundred day simple moving average of $258.62.

Howmet Aerospace (NYSE:HWM) last released its quarterly 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. 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 previous year, the business posted $0.91 earnings per share. The business’s quarterly 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. Analysts anticipate that Howmet Aerospace Inc. will post 5.33 earnings per share for the current fiscal year.

Howmet Aerospace Increases Dividend

The firm also recently declared 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 represents a $0.56 dividend on an annualized basis and a dividend yield of 0.2%. This is a boost from Howmet Aerospace’s previous quarterly dividend of $0.12. The ex-dividend date is Friday, August 7th. Howmet Aerospace’s dividend payout ratio (DPR) is presently 12.07%.

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.