4,090,475 Shares in Howmet Aerospace Inc. $HWM Purchased by Bank of New York Mellon Corp

Bank of New York Mellon Corp purchased a new stake in Howmet Aerospace Inc. (NYSE:HWM - Free Report) in the 2nd quarter, according to its most recent filing with the SEC. The fund purchased 4,090,475 shares of the company's stock, valued at approximately $1,099,765,000. Bank of New York Mellon Corp owned about 1.02% of Howmet Aerospace as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the stock. MUFG Securities EMEA plc increased its stake in Howmet Aerospace by 752.6% during the fourth quarter. MUFG Securities EMEA plc now owns 65,783 shares of the company's stock valued at $13,487,000 after purchasing an additional 58,067 shares during the last quarter. M&T Bank Corp raised its position in shares of Howmet Aerospace by 75.0% during the 4th quarter. M&T Bank Corp now owns 42,975 shares of the company's stock worth $8,810,000 after purchasing an additional 18,417 shares during the period. Sequoia Financial Advisors LLC raised its position in shares of Howmet Aerospace by 57.5% during the 4th quarter. Sequoia Financial Advisors LLC now owns 14,190 shares of the company's stock worth $2,909,000 after purchasing an additional 5,181 shares during the period. Bearing Point Capital LLC lifted its holdings in shares of Howmet Aerospace by 9.5% in the 4th quarter. Bearing Point Capital LLC now owns 54,619 shares of the company's stock worth $11,198,000 after purchasing an additional 4,757 shares during the last quarter. Finally, Patriot Financial Group Insurance Agency LLC lifted its holdings in shares of Howmet Aerospace by 95.3% in the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 24,338 shares of the company's stock worth $5,609,000 after purchasing an additional 11,878 shares during the last quarter. 90.46% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts recently commented on HWM shares. Citigroup restated a "buy" rating on shares of Howmet Aerospace in a research note on Wednesday, August 12th. BNP Paribas Exane reissued an "outperform" rating and set a $340.00 price target (up from $265.00) on shares of Howmet Aerospace in a report on Friday, May 8th. UBS Group upped their price target on shares of Howmet Aerospace from $299.00 to $326.00 and gave the stock a "neutral" rating in a research report on Friday, August 7th. Zacks Research raised shares of Howmet Aerospace from a "hold" rating to a "strong-buy" rating in a report on Wednesday, August 12th. Finally, Morgan Stanley reiterated an "overweight" rating and issued a $335.00 price objective on shares of Howmet Aerospace in a research report on Monday, August 10th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $315.67.

Howmet Aerospace Trading Down 3.6%

Shares of HWM stock opened at $273.39 on Friday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.87 and a current ratio of 1.82. Howmet Aerospace Inc. has a 1 year low of $170.24 and a 1 year high of $310.00. The stock has a fifty day moving average of $278.47 and a two-hundred day moving average of $258.53. The firm has a market capitalization of $109.39 billion, a PE ratio of 58.92, a price-to-earnings-growth ratio of 2.03 and a beta of 1.20.

Howmet Aerospace (NYSE:HWM - Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The company reported $1.33 EPS for the quarter, beating analysts' consensus estimates of $1.24 by $0.09. The company had revenue of $2.55 billion for the quarter, compared to analyst estimates of $2.43 billion. Howmet Aerospace had a return on equity of 33.91% and a net margin of 20.52%.The company's quarterly revenue was up 24.1% compared to the same quarter last year. During the same period last year, the company earned $0.91 earnings per share. 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, research analysts expect that Howmet Aerospace Inc. will post 5.33 EPS for the current year.

Howmet Aerospace Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, August 25th. Investors 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 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Friday, August 7th. Howmet Aerospace's dividend payout ratio is 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.

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