MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Acquires 94,205 Shares of Howmet Aerospace Inc. $HWM

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Howmet Aerospace Inc. (NYSE:HWM) by 4.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,341,440 shares of the company’s stock after acquiring an additional 94,205 shares during the period. Howmet Aerospace comprises about 0.7% of MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.’s investment portfolio, making the stock its 16th largest holding. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.’s holdings in Howmet Aerospace were worth $459,448,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Vanguard Group Inc. raised its position in shares of Howmet Aerospace by 1.4% during the third quarter. Vanguard Group Inc. now owns 49,139,989 shares of the company’s stock worth $9,642,740,000 after purchasing an additional 664,595 shares during the period. JPMorgan Chase & Co. grew its position in shares of Howmet Aerospace by 30.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 31,806,624 shares of the company’s stock valued at $5,920,181,000 after purchasing an additional 7,356,077 shares during the period. State Street Corp increased its stake in Howmet Aerospace by 1.2% during the 2nd quarter. State Street Corp now owns 17,686,075 shares of the company’s stock worth $3,291,909,000 after purchasing an additional 205,424 shares in the last quarter. Bank of America Corp DE increased its stake in Howmet Aerospace by 2.4% during the 3rd quarter. Bank of America Corp DE now owns 10,877,771 shares of the company’s stock worth $2,134,545,000 after purchasing an additional 255,419 shares in the last quarter. Finally, Norges Bank acquired a new stake in Howmet Aerospace during the 2nd quarter worth approximately $1,633,157,000. 90.46% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Howmet Aerospace news, VP Barbara Lou Shultz sold 1,000 shares of the stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $260.00, for a total value of $260,000.00. Following the completion of the sale, the vice president owned 23,874 shares in the company, valued at $6,207,240. This trade represents a 4.02% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Neil Edward Marchuk sold 45,150 shares of Howmet Aerospace stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $251.70, for a total transaction of $11,364,255.00. Following the completion of the transaction, the executive vice president directly owned 107,008 shares of the company’s stock, valued at approximately $26,933,913.60. This trade represents a 29.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.12% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. BTIG Research lifted their price target on shares of Howmet Aerospace from $240.00 to $275.00 and gave the company a “buy” rating in a research note on Wednesday, February 18th. Wolfe Research set a $270.00 price objective on shares of Howmet Aerospace and gave the stock an “outperform” rating in a report on Wednesday, March 11th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $315.00 price objective on shares of Howmet Aerospace in a research report on Sunday, February 15th. Deutsche Bank Aktiengesellschaft set a $278.00 target price on shares of Howmet Aerospace and gave the stock a “buy” rating in a research note on Friday, February 13th. Finally, Truist Financial set a $280.00 target price on Howmet Aerospace in a report on Wednesday, March 11th. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, Howmet Aerospace has an average rating of “Moderate Buy” and a consensus target price of $256.15.

Howmet Aerospace Stock Performance

Shares of NYSE HWM opened at $240.94 on Tuesday. The stock has a 50 day moving average price of $233.84 and a 200 day moving average price of $209.41. Howmet Aerospace Inc. has a 52 week low of $105.04 and a 52 week high of $267.31. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.09 and a current ratio of 2.13. The stock has a market capitalization of $96.60 billion, a PE ratio of 64.94, a price-to-earnings-growth ratio of 2.19 and a beta of 1.20.

Howmet Aerospace (NYSE:HWM) last posted its quarterly earnings results on Thursday, February 12th. The company reported $1.05 earnings per share for the quarter, topping the consensus estimate of $0.97 by $0.08. Howmet Aerospace had a return on equity of 30.41% and a net margin of 18.27%.The firm had revenue of $2.17 billion for the quarter, compared to analyst estimates of $2.12 billion. During the same quarter in the previous year, the firm earned $0.77 EPS. The business’s quarterly revenue was up 14.6% on a year-over-year basis. Howmet Aerospace has set its Q1 2026 guidance at 1.090-1.110 EPS and its FY 2026 guidance at 4.350-4.550 EPS. Analysts predict that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, February 25th. Investors of record on Friday, February 6th were issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date was Friday, February 6th. Howmet Aerospace’s payout ratio is presently 12.94%.

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.