Nykredit A S Makes New $60.47 Million Investment in Howmet Aerospace Inc. $HWM

Key Points

• Nykredit A S purchased 224,918 shares of Howmet Aerospace worth approximately $60.47 million, joining other major institutions that collectively own 90.46% of the company.
• Howmet reported quarterly EPS of $1.33, exceeding estimates of $1.24, while revenue rose 24.1% year over year to $2.55 billion. The company issued third-quarter and full-year 2026 earnings guidance.
• Howmet increased its quarterly dividend from $0.12 to $0.14 per share, and analysts maintain a generally positive view, with a “Moderate Buy” consensus and an average price target of $316.22.

Nykredit A S purchased a new stake in shares of Howmet Aerospace Inc. (NYSE:HWM - Free Report) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 224,918 shares of the company's stock, valued at approximately $60,471,000. Nykredit A S owned about 0.06% of Howmet Aerospace at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the business. BlackRock Inc. purchased a new position in Howmet Aerospace in the 2nd quarter worth $12,318,939,000. State Street Corp boosted its position in Howmet Aerospace by 2.2% during the fourth quarter. State Street Corp now owns 18,365,429 shares of the company's stock valued at $3,765,280,000 after buying an additional 400,767 shares during the period. Price T Rowe Associates Inc. MD boosted its position in Howmet Aerospace by 27.0% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 16,632,206 shares of the company's stock valued at $3,409,936,000 after buying an additional 3,531,700 shares during the period. Geode Capital Management LLC grew its stake in shares of Howmet Aerospace by 2.0% during the fourth quarter. Geode Capital Management LLC now owns 11,307,538 shares of the company's stock valued at $2,316,277,000 after buying an additional 221,775 shares during the last quarter. Finally, Bank of America Corp DE grew its stake in shares of Howmet Aerospace by 1.7% during the first quarter. Bank of America Corp DE now owns 10,728,447 shares of the company's stock valued at $2,472,478,000 after buying an additional 177,533 shares during the last quarter. 90.46% of the stock is currently owned by institutional investors.

Howmet Aerospace Stock Performance

Shares of NYSE:HWM opened at $252.81 on Thursday. 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 company has a 50-day moving average price of $275.84 and a 200-day moving average price of $261.10. The company has a market cap of $101.15 billion, a price-to-earnings ratio of 54.48, a price-to-earnings-growth ratio of 2.30 and a beta of 1.19. Howmet Aerospace Inc. has a 12 month low of $172.41 and a 12 month high of $310.00.

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, topping the consensus estimate of $1.24 by $0.09. Howmet Aerospace had a return on equity of 33.91% and a net margin of 20.52%.The company had revenue of $2.55 billion for the quarter, compared to analysts' expectations of $2.43 billion. During the same period last year, the firm earned $0.91 earnings per share. Howmet Aerospace'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. As a group, equities analysts anticipate that Howmet Aerospace Inc. will post 5.33 EPS for the current year.

Howmet Aerospace Increases Dividend

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

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. BTIG Research boosted their target price on Howmet Aerospace from $300.00 to $340.00 and gave the company a "buy" rating in a research note on Monday, August 10th. Susquehanna raised their price target on Howmet Aerospace from $330.00 to $340.00 and gave the stock a "positive" rating in a research report on Friday, August 7th. Jefferies Financial Group reaffirmed a "buy" rating and issued a $370.00 price target on shares of Howmet Aerospace in a research note on Sunday, August 9th. Sanford C. Bernstein boosted their price objective on Howmet Aerospace from $318.00 to $328.00 and gave the company an "outperform" rating in a research report on Monday, August 24th. Finally, Wall Street Zen lowered Howmet Aerospace from a "strong-buy" rating to a "buy" rating in a research note on Sunday, July 5th. 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. Based on data from MarketBeat, Howmet Aerospace currently has a consensus rating of "Moderate Buy" and a consensus price target of $316.22.

Howmet Aerospace 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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