Munich Reinsurance Co Stock Corp in Munich Purchases 4,030 Shares of Howmet Aerospace Inc. $HWM

Munich Reinsurance Co Stock Corp in Munich raised its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM) by 2.1% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 199,452 shares of the company’s stock after purchasing an additional 4,030 shares during the period. Munich Reinsurance Co Stock Corp in Munich’s holdings in Howmet Aerospace were worth $53,625,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Norges Bank acquired a new stake in shares of Howmet Aerospace during the 4th quarter worth approximately $1,793,698,000. Price T Rowe Associates Inc. MD lifted its holdings in Howmet Aerospace by 27.0% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 16,632,206 shares of the company’s stock valued at $3,409,936,000 after buying an additional 3,531,700 shares during the period. Auto Owners Insurance Co boosted its stake in Howmet Aerospace by 20,402.0% in the fourth quarter. Auto Owners Insurance Co now owns 1,441,906 shares of the company’s stock valued at $29,562,000 after acquiring an additional 1,434,873 shares during the last quarter. Amundi boosted its stake in Howmet Aerospace by 73.1% in the first quarter. Amundi now owns 2,185,456 shares of the company’s stock valued at $503,660,000 after acquiring an additional 923,061 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its holdings in Howmet Aerospace by 27.8% during the 4th quarter. Goldman Sachs Group Inc. now owns 2,754,204 shares of the company’s stock worth $564,667,000 after acquiring an additional 599,151 shares during the period. Institutional investors own 90.46% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Susquehanna increased their price target on Howmet Aerospace from $330.00 to $340.00 and gave the company a “positive” rating in a research note on Friday, August 7th. Zacks Research raised Howmet Aerospace from a “hold” rating to a “strong-buy” rating in a research note on Wednesday. Morgan Stanley reiterated an “overweight” rating and issued a $335.00 price objective on shares of Howmet Aerospace in a report on Monday. Royal Bank Of Canada increased their target price on Howmet Aerospace from $325.00 to $350.00 and gave the company an “outperform” rating in a research note on Friday, August 7th. Finally, Citigroup restated a “buy” rating on shares of Howmet Aerospace in a report on Wednesday. One research 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. Based on data from MarketBeat, Howmet Aerospace has an average rating of “Moderate Buy” and a consensus target price of $315.67.

Howmet Aerospace Stock Up 2.3%

Shares of NYSE:HWM opened at $289.33 on Friday. The company has a 50 day moving average price of $276.03 and a two-hundred day moving average price of $256.16. 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 company has a market capitalization of $115.76 billion, a PE ratio of 62.36, a PEG ratio of 2.02 and a beta of 1.20. Howmet Aerospace Inc. has a 52 week low of $169.45 and a 52 week high of $310.00.

Howmet Aerospace (NYSE:HWM) last announced its quarterly earnings results on Thursday, August 6th. The company reported $1.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.24 by $0.09. Howmet Aerospace had a net margin of 20.52% and a return on equity of 33.91%. The company had revenue of $2.55 billion during the quarter, compared to analyst estimates of $2.43 billion. During the same quarter in the previous year, the business earned $0.91 EPS. The firm’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. Analysts forecast that Howmet Aerospace Inc. will post 5.33 earnings per share for the current year.

Howmet Aerospace Increases Dividend

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