Munich Reinsurance Co Stock Corp in Munich Grows Holdings in Howmet Aerospace Inc. $HWM

Key Points

• Munich Reinsurance increased its Howmet Aerospace stake by 2.1% in the second quarter, bringing its holdings to 199,452 shares valued at approximately $53.6 million. Institutional investors collectively own 90.46% of HWM.
• Analysts remain broadly bullish, with a consensus rating of “Moderate Buy” and an average price target of $316.22; several firms recently raised their targets to as high as $340.
• Howmet exceeded quarterly earnings and revenue expectations, reporting $1.33 in EPS and $2.55 billion in revenue, while raising its quarterly dividend from $0.12 to $0.14 per share.

Munich Reinsurance Co Stock Corp in Munich grew its stake in shares of Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 2.1% in the second quarter, according to its most recent disclosure 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 quarter. Munich Reinsurance Co Stock Corp in Munich's holdings in Howmet Aerospace were worth $53,625,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. West Paces Advisors Inc. purchased a new stake in Howmet Aerospace in the 2nd quarter valued at about $27,000. Bartlett & CO. Wealth Management LLC grew its stake in Howmet Aerospace by 55.1% in the 2nd quarter. Bartlett & CO. Wealth Management LLC now owns 107 shares of the company's stock worth $29,000 after acquiring an additional 38 shares in the last quarter. Acumen Wealth Advisors LLC purchased a new position in shares of Howmet Aerospace during the fourth quarter worth approximately $25,000. Newbridge Financial Services Group Inc. increased its position in shares of Howmet Aerospace by 119.7% during the second quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company's stock worth $25,000 after acquiring an additional 73 shares during the period. Finally, Vermillion & White Wealth Management Group LLC raised its stake in shares of Howmet Aerospace by 65.1% during the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 137 shares of the company's stock valued at $28,000 after acquiring an additional 54 shares in the last quarter. 90.46% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on HWM. UBS Group boosted their price target on Howmet Aerospace from $299.00 to $326.00 and gave the company a "neutral" rating in a report on Friday, August 7th. Citigroup reissued a "buy" rating on shares of Howmet Aerospace in a research report on Tuesday. Weiss Ratings upgraded Howmet Aerospace from a "buy (b-)" rating to a "buy (b)" rating in a research note on Wednesday, August 19th. BTIG Research lifted their price objective on Howmet Aerospace from $300.00 to $340.00 and gave the company a "buy" rating in a report on Monday, August 10th. Finally, Susquehanna upped their price objective on shares of Howmet Aerospace from $330.00 to $340.00 and gave the stock a "positive" rating in a research note on Friday, August 7th. One 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's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $316.22.

Howmet Aerospace Trading Down 0.3%

HWM opened at $259.61 on Friday. The company has a current ratio of 1.82, a quick ratio of 0.87 and a debt-to-equity ratio of 0.71. The firm has a market cap of $103.87 billion, a price-to-earnings ratio of 55.95, a PEG ratio of 2.35 and a beta of 1.19. Howmet Aerospace Inc. has a 12 month low of $173.38 and a 12 month high of $310.00. The stock has a fifty day moving average price of $275.44 and a 200-day moving average price of $261.15.

Howmet Aerospace (NYSE:HWM - Get Free Report) last posted its 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. 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 firm's quarterly revenue was up 24.1% compared to the same quarter last year. During the same quarter in the previous year, the firm 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, equities research 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 was paid on Tuesday, August 25th. Stockholders of record on Friday, August 7th were given a dividend of $0.14 per share. The ex-dividend date of this dividend was Friday, August 7th. 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 dividend yield of 0.2%. Howmet Aerospace's payout ratio is currently 12.07%.

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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