Norinchukin Bank The Has $2.29 Million Stock Position in Howmet Aerospace Inc. $HWM

Key Points

• Norinchukin Bank has increased its stake in Howmet Aerospace Inc. by 12.2% in Q1, now owning 17,655 shares valued at approximately $2.29 million.
• Howmet Aerospace recently declared a quarterly dividend of $0.12 per share, which reflects a positive increase from the previous quarter's dividend of $0.10.
• Analysts have boosted their price targets for Howmet Aerospace, with some expecting a price increase to $210.00, reflecting strong growth expectations for the company's stock.

Norinchukin Bank The boosted its position in Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 12.2% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,655 shares of the company's stock after purchasing an additional 1,917 shares during the quarter. Norinchukin Bank The's holdings in Howmet Aerospace were worth $2,290,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its holdings in Howmet Aerospace by 21.1% in the 1st quarter. JPMorgan Chase & Co. now owns 24,450,547 shares of the company's stock valued at $3,171,970,000 after acquiring an additional 4,252,401 shares in the last quarter. Nuveen LLC acquired a new position in Howmet Aerospace in the 1st quarter valued at $366,209,000. GAMMA Investing LLC raised its holdings in Howmet Aerospace by 15,741.8% in the 1st quarter. GAMMA Investing LLC now owns 1,328,176 shares of the company's stock valued at $1,723,040,000 after acquiring an additional 1,319,792 shares in the last quarter. Westfield Capital Management Co. LP acquired a new position in Howmet Aerospace in the 1st quarter valued at $147,251,000. Finally, Janus Henderson Group PLC raised its holdings in Howmet Aerospace by 10.3% in the 4th quarter. Janus Henderson Group PLC now owns 10,947,354 shares of the company's stock valued at $1,197,315,000 after acquiring an additional 1,026,130 shares in the last quarter. 90.46% of the stock is currently owned by institutional investors.

Howmet Aerospace Trading Up 0.0%

Shares of NYSE HWM traded up $0.00 during trading on Wednesday, reaching $175.92. The company had a trading volume of 1,737,171 shares, compared to its average volume of 3,019,395. The company's fifty day moving average price is $180.03 and its 200-day moving average price is $155.23. Howmet Aerospace Inc. has a 12 month low of $90.71 and a 12 month high of $193.26. The stock has a market cap of $70.92 billion, a P/E ratio of 51.44, a PEG ratio of 2.22 and a beta of 1.48. The company has a quick ratio of 1.08, a current ratio of 2.31 and a debt-to-equity ratio of 0.65.

Howmet Aerospace (NYSE:HWM - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The company reported $0.91 EPS for the quarter, beating analysts' consensus estimates of $0.87 by $0.04. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.The firm had revenue of $2.05 billion for the quarter, compared to analyst estimates of $1.99 billion. During the same quarter in the previous year, the company posted $0.67 EPS. The business's revenue was up 9.2% on a year-over-year basis. Howmet Aerospace has set its Q3 2025 guidance at 0.890-0.910 EPS. FY 2025 guidance at 3.560-3.640 EPS. As a group, research analysts expect that Howmet Aerospace Inc. will post 3.27 earnings per share for the current year.

Howmet Aerospace Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, August 25th. Investors of record on Friday, August 8th were given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Friday, August 8th. This is a positive change from Howmet Aerospace's previous quarterly dividend of $0.10. Howmet Aerospace's dividend payout ratio is currently 14.04%.

Analysts Set New Price Targets

Several equities analysts have weighed in on HWM shares. Morgan Stanley lifted their price objective on Howmet Aerospace from $170.00 to $210.00 and gave the company an "overweight" rating in a report on Thursday, July 17th. Wall Street Zen raised Howmet Aerospace from a "hold" rating to a "buy" rating in a report on Saturday, August 2nd. BTIG Research set a $205.00 price objective on Howmet Aerospace and gave the company a "buy" rating in a report on Monday, August 4th. Zacks Research raised Howmet Aerospace from a "hold" rating to a "strong-buy" rating in a report on Monday. Finally, UBS Group boosted their price target on Howmet Aerospace from $120.00 to $155.00 and gave the stock a "neutral" rating in a report on Friday, May 2nd. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and four have given a Hold rating to the company's stock. According to data from MarketBeat.com, Howmet Aerospace presently has a consensus rating of "Moderate Buy" and a consensus price target of $172.13.

About Howmet Aerospace

Howmet Aerospace Inc provides advanced engineered solutions for the aerospace and transportation industries in the United States, Japan, France, Germany, the United Kingdom, Mexico, Italy, Canada, Poland, China, and internationally. It operates through four segments: Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels.