Mirae Asset Global Investments Co. Ltd. Has $36.70 Million Holdings in Howmet Aerospace Inc. $HWM

Key Points

• Mirae Asset Global Investments increased its Howmet Aerospace stake by 9.3% in the second quarter, bringing its holdings to 136,518 shares valued at approximately $36.7 million. Institutional investors and hedge funds collectively own 90.46% of HWM.
• Howmet reported stronger-than-expected quarterly results, with EPS of $1.33 versus the $1.24 consensus and revenue of $2.55 billion, up 24.1% year over year. The company issued Q3 and full-year 2026 earnings guidance.
• The company raised its quarterly dividend from $0.12 to $0.14 per share, while analysts maintained a generally positive outlook with a consensus “Moderate Buy” rating and an average price target of $315.67.

Mirae Asset Global Investments Co. Ltd. grew its stake in Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 9.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 136,518 shares of the company's stock after acquiring an additional 11,658 shares during the period. Mirae Asset Global Investments Co. Ltd.'s holdings in Howmet Aerospace were worth $36,704,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of HWM. Brighton Jones LLC grew its stake in shares of Howmet Aerospace by 5.4% during the fourth quarter. Brighton Jones LLC now owns 2,548 shares of the company's stock valued at $279,000 after purchasing an additional 130 shares during the last quarter. Acadian Asset Management LLC bought a new position in Howmet Aerospace in the 1st quarter worth approximately $399,000. Sivia Capital Partners LLC bought a new position in Howmet Aerospace in the 2nd quarter worth approximately $216,000. Brown Advisory Inc. lifted its holdings in Howmet Aerospace by 31.0% during the 2nd quarter. Brown Advisory Inc. now owns 4,180 shares of the company's stock worth $778,000 after buying an additional 990 shares in the last quarter. Finally, Cary Street Partners Financial LLC acquired a new position in Howmet Aerospace during the 2nd quarter worth $145,000. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Howmet Aerospace Price Performance

HWM opened at $282.54 on Friday. The company has a fifty day moving average price of $275.29 and a two-hundred day moving average price of $255.92. 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 52 week low of $169.45 and a 52 week high of $310.00. The firm has a market capitalization of $113.05 billion, a PE ratio of 60.89, a P/E/G ratio of 2.01 and a beta of 1.20.

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

Howmet Aerospace Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 25th. Investors of record on Friday, August 7th will be issued a $0.14 dividend. This is a boost 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%. The ex-dividend date is Friday, August 7th. Howmet Aerospace's dividend payout ratio is currently 12.07%.

Wall Street Analysts Forecast Growth

HWM has been the subject of several research reports. Royal Bank Of Canada lifted 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. Citigroup reaffirmed a "buy" rating on shares of Howmet Aerospace in a research note on Wednesday. Wells Fargo & Company reiterated an "outperform" rating and issued a $315.00 price target on shares of Howmet Aerospace in a report on Monday. Wall Street Zen lowered Howmet Aerospace from a "strong-buy" rating to a "buy" rating in a research report on Sunday, July 5th. Finally, BTIG Research boosted their price objective on Howmet Aerospace from $300.00 to $340.00 and gave the stock a "buy" rating in a report on Monday. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $315.67.

About Howmet Aerospace

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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