Mitsubishi UFJ Asset Management Co. Ltd. Invests $263.46 Million in Howmet Aerospace Inc. $HWM

Key Points

• Mitsubishi UFJ Asset Management purchased 979,922 Howmet Aerospace shares worth approximately $263.5 million, representing about 0.24% of the company.
• Howmet reported quarterly EPS of $1.33, exceeding estimates by $0.09, while revenue rose 24.1% year over year to $2.55 billion. The company issued Q3 and full-year 2026 earnings guidance.
• Howmet raised its quarterly dividend from $0.12 to $0.14 per share. Analysts remain broadly positive, with a “Moderate Buy” consensus rating and an average price target of $315.67.

Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in Howmet Aerospace Inc. (NYSE:HWM - Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 979,922 shares of the company's stock, valued at approximately $263,462,000. Mitsubishi UFJ Asset Management Co. Ltd. owned approximately 0.24% of Howmet Aerospace as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Newbridge Financial Services Group Inc. boosted its stake in Howmet Aerospace by 119.7% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company's stock worth $25,000 after purchasing an additional 73 shares during the period. Acumen Wealth Advisors LLC purchased a new position in Howmet Aerospace during the 4th quarter valued at about $25,000. West Paces Advisors Inc. bought a new stake in shares of Howmet Aerospace during the second quarter valued at about $27,000. Cornerstone Financial Management LLC bought a new stake in shares of Howmet Aerospace during the fourth quarter valued at about $28,000. Finally, Vermillion & White Wealth Management Group LLC lifted its holdings in shares of Howmet Aerospace by 65.1% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 137 shares of the company's stock worth $28,000 after buying an additional 54 shares in the last quarter. 90.46% of the stock is currently owned by institutional investors.

Howmet Aerospace Price Performance

HWM stock opened at $289.37 on Tuesday. The firm has a 50 day simple moving average of $276.89 and a two-hundred day simple moving average of $256.96. The stock has a market cap of $115.78 billion, a PE ratio of 62.36, a P/E/G ratio of 2.07 and a beta of 1.20. Howmet Aerospace Inc. has a one year low of $169.45 and a one year high of $310.00. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.82 and a quick ratio of 0.87.

Howmet Aerospace (NYSE:HWM - Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The company reported $1.33 earnings per share 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 firm had revenue of $2.55 billion for the quarter, compared to analysts' expectations of $2.43 billion. During the same quarter last year, the company posted $0.91 EPS. The business's quarterly 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. On average, analysts predict that Howmet Aerospace Inc. will post 5.33 EPS for the current fiscal year.

Howmet Aerospace Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, August 25th. Shareholders of record on Friday, August 7th will be given a dividend of $0.14 per share. The ex-dividend date 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 dividend payout ratio (DPR) is 12.07%.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on HWM shares. BNP Paribas Exane reaffirmed an "outperform" rating and set a $340.00 price objective (up from $265.00) on shares of Howmet Aerospace in a research note on Friday, May 8th. Jefferies Financial Group reissued a "buy" rating and issued a $370.00 price target on shares of Howmet Aerospace in a report on Sunday, August 9th. UBS Group boosted their price target on shares of Howmet Aerospace from $299.00 to $326.00 and gave the company a "neutral" rating in a research report on Friday, August 7th. Morgan Stanley reaffirmed an "overweight" rating and issued a $335.00 price target on shares of Howmet Aerospace in a report on Monday, August 10th. Finally, JPMorgan Chase & Co. increased their price objective on Howmet Aerospace from $310.00 to $350.00 and gave the stock an "overweight" rating in a research report on Monday, August 10th. 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. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $315.67.

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.

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