Van ECK Associates Corp Has $27.83 Million Stock Position in Howmet Aerospace Inc. $HWM

Van ECK Associates Corp lifted its position in Howmet Aerospace Inc. (NYSE:HWM) by 32.2% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 103,514 shares of the company’s stock after buying an additional 25,224 shares during the period. Van ECK Associates Corp’s holdings in Howmet Aerospace were worth $27,831,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in HWM. Newbridge Financial Services Group Inc. grew its stake in Howmet Aerospace by 119.7% in the second quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock valued at $25,000 after acquiring an additional 73 shares during the period. Acumen Wealth Advisors LLC acquired a new stake in shares of Howmet Aerospace during the fourth quarter worth about $25,000. West Paces Advisors Inc. acquired a new stake in shares of Howmet Aerospace during the second quarter worth about $27,000. Cornerstone Financial Management LLC bought a new position in shares of Howmet Aerospace during the 4th quarter valued at about $28,000. Finally, Vermillion & White Wealth Management Group LLC lifted its holdings in shares of Howmet Aerospace by 65.1% during the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 137 shares of the company’s stock valued at $28,000 after purchasing an additional 54 shares in the last quarter. Institutional investors and hedge funds own 90.46% of the company’s stock.

Analyst Ratings Changes

HWM has been the topic of several research analyst reports. Jefferies Financial Group restated a “buy” rating and set a $370.00 target price on shares of Howmet Aerospace in a report on Sunday, August 9th. BNP Paribas Exane reiterated an “outperform” rating and issued a $340.00 price target (up from $265.00) on shares of Howmet Aerospace in a report on Friday, May 8th. Royal Bank Of Canada upped their price target on shares of Howmet Aerospace from $325.00 to $350.00 and gave the company an “outperform” rating in a report on Friday, August 7th. Susquehanna increased their price objective on shares of Howmet Aerospace from $330.00 to $340.00 and gave the stock a “positive” rating in a research report on Friday, August 7th. Finally, Weiss Ratings upgraded shares of Howmet Aerospace from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, August 19th. One investment 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 stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $316.22.

Howmet Aerospace Stock Down 0.1%

NYSE:HWM opened at $264.48 on Monday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.87 and a current ratio of 1.82. The company has a market cap of $105.82 billion, a PE ratio of 57.00, a PEG ratio of 1.89 and a beta of 1.20. Howmet Aerospace Inc. has a 52-week low of $170.81 and a 52-week high of $310.00. The stock has a 50-day simple moving average of $277.41 and a 200 day simple moving average of $260.72.

Howmet Aerospace (NYSE:HWM) last announced its earnings results on Thursday, August 6th. The company reported $1.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.24 by $0.09. The business had revenue of $2.55 billion for the quarter, compared to analyst estimates of $2.43 billion. Howmet Aerospace had a return on equity of 33.91% and a net margin of 20.52%.Howmet Aerospace’s revenue for the quarter was up 24.1% compared to the same quarter last year. During the same quarter last year, the firm earned $0.91 EPS. 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. On average, sell-side analysts expect that Howmet Aerospace Inc. will post 5.33 EPS for the current fiscal 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 issued a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.2%. This is a boost from Howmet Aerospace’s previous quarterly dividend of $0.12. The ex-dividend date was Friday, August 7th. Howmet Aerospace’s dividend payout ratio is 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.