Munich Reinsurance Co Stock Corp in Munich Has $53.62 Million Stake in Howmet Aerospace Inc. $HWM

Key Points

• Munich Re increased its Howmet Aerospace stake by 2.1% in the second quarter, bringing its holdings to 199,452 shares worth approximately $53.6 million. Institutional investors and hedge funds collectively own 90.46% of HWM.
• Howmet reported strong quarterly results, with adjusted earnings of $1.33 per share and revenue of $2.55 billion, exceeding estimates and representing 24.1% year-over-year revenue growth. The stock recently traded at $289.33, near its 52-week high.
• The company raised its quarterly dividend from $0.12 to $0.14 per share. Analysts remain broadly bullish, with a consensus “Moderate Buy” rating and an average price target of $315.67.

Munich Reinsurance Co Stock Corp in Munich raised its stake in Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 2.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 199,452 shares of the company's stock after acquiring 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 SEC filing.

Several other hedge funds have also recently bought and sold shares of the stock. UMB Bank n.a. lifted its holdings in shares of Howmet Aerospace by 2.6% during the fourth quarter. UMB Bank n.a. now owns 1,620 shares of the company's stock valued at $332,000 after acquiring an additional 41 shares during the period. Tudor Financial Inc. grew its holdings in shares of Howmet Aerospace by 2.6% in the 4th quarter. Tudor Financial Inc. now owns 1,650 shares of the company's stock worth $338,000 after purchasing an additional 42 shares during the last quarter. Physician Wealth Advisors Inc. increased its position in shares of Howmet Aerospace by 2.5% during the 1st quarter. Physician Wealth Advisors Inc. now owns 1,730 shares of the company's stock worth $399,000 after purchasing an additional 42 shares in the last quarter. Roman Butler Fullerton & Co. increased its position in shares of Howmet Aerospace by 0.4% during the 1st quarter. Roman Butler Fullerton & Co. now owns 10,537 shares of the company's stock worth $2,634,000 after purchasing an additional 42 shares in the last quarter. Finally, Parkside Financial Bank & Trust increased its position in shares of Howmet Aerospace by 4.1% during the 4th quarter. Parkside Financial Bank & Trust now owns 1,077 shares of the company's stock worth $221,000 after purchasing an additional 42 shares in the last quarter. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Howmet Aerospace Trading Up 2.3%

Shares of NYSE HWM opened at $289.33 on Friday. Howmet Aerospace Inc. has a 1-year low of $169.45 and a 1-year high of $310.00. The company has a 50-day moving average of $276.03 and a two-hundred day moving average of $256.16. The company has a market cap of $115.76 billion, a PE ratio of 62.36, a P/E/G ratio of 2.02 and a beta of 1.20. The company has a current ratio of 1.82, a quick ratio of 0.87 and a debt-to-equity ratio of 0.71.

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

Howmet Aerospace Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, August 25th. Stockholders of record on Friday, August 7th will be paid a $0.14 dividend. This is an increase from Howmet Aerospace's previous quarterly dividend of $0.12. The ex-dividend date of this dividend is Friday, August 7th. This represents a $0.56 annualized dividend and a dividend yield of 0.2%. Howmet Aerospace's payout ratio is 12.07%.

Analyst Ratings Changes

A number of equities analysts have commented on HWM shares. Zacks Research upgraded shares of Howmet Aerospace from a "hold" rating to a "strong-buy" rating in a research report on Wednesday. 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 report on Friday, May 8th. Sanford C. Bernstein reiterated an "outperform" rating and issued a $318.00 target price on shares of Howmet Aerospace in a research note on Tuesday, June 16th. Susquehanna boosted their target price on Howmet Aerospace from $330.00 to $340.00 and gave the stock a "positive" rating in a report on Friday, August 7th. Finally, Royal Bank Of Canada boosted their target price on Howmet Aerospace from $325.00 to $350.00 and gave the stock an "outperform" rating in a report on Friday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company 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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