Danica Pension Livsforsikringsaktieselskab Makes New $12.22 Million Investment in Howmet Aerospace Inc. $HWM

Danica Pension Livsforsikringsaktieselskab acquired a new position in shares of Howmet Aerospace Inc. (NYSE:HWM) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 45,447 shares of the company’s stock, valued at approximately $12,219,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of HWM. Newbridge Financial Services Group Inc. increased its position in Howmet Aerospace by 119.7% in the second 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 last quarter. Acumen Wealth Advisors LLC purchased a new stake in Howmet Aerospace during the fourth quarter valued at $25,000. West Paces Advisors Inc. bought a new position in Howmet Aerospace during the second quarter valued at $27,000. Cornerstone Financial Management LLC bought a new position in Howmet Aerospace during the fourth quarter valued at $28,000. Finally, Vermillion & White Wealth Management Group LLC grew its stake in shares of Howmet Aerospace by 65.1% in the 4th 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.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. BNP Paribas Exane restated an “outperform” rating and issued a $340.00 target price (up from $265.00) on shares of Howmet Aerospace in a report on Friday, May 8th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $320.00 price target on shares of Howmet Aerospace in a report on Friday, May 8th. TD Cowen lifted their price target on Howmet Aerospace from $300.00 to $320.00 and gave the stock a “buy” rating in a research report on Monday, July 13th. Weiss Ratings cut Howmet Aerospace from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, August 5th. Finally, UBS Group upped their price objective on Howmet Aerospace from $299.00 to $326.00 and gave the company a “neutral” rating in a research report on Friday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $315.67.

Howmet Aerospace Trading Up 1.3%

HWM stock opened at $292.76 on Wednesday. The company has a quick ratio of 0.87, a current ratio of 1.82 and a debt-to-equity ratio of 0.71. Howmet Aerospace Inc. has a twelve month low of $169.45 and a twelve month high of $310.00. The stock has a market capitalization of $117.14 billion, a price-to-earnings ratio of 63.10, a price-to-earnings-growth ratio of 2.07 and a beta of 1.20. The firm’s fifty day simple moving average is $277.61 and its two-hundred day simple moving average is $257.54.

Howmet Aerospace (NYSE:HWM) last announced its earnings results 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. The business had revenue of $2.55 billion for the quarter, compared to the consensus estimate of $2.43 billion. Howmet Aerospace had a net margin of 20.52% and a return on equity of 33.91%. The business’s revenue for the quarter was up 24.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $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, analysts anticipate that Howmet Aerospace Inc. will post 5.33 earnings per share for the current year.

Howmet Aerospace Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 25th. Investors of record on Friday, August 7th will be given 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 dividend on an annualized basis and a yield of 0.2%. Howmet Aerospace’s dividend payout ratio is currently 12.07%.

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.