DNB Asset Management AS increased its stake in Howmet Aerospace Inc. (NYSE:HWM) by 9.4%, holding 135,986 shares valued at $26.69 million. Institutional investors now own 90.46% of the company’s stock, and analysts widely recommend HWM as a “Moderate Buy” with a consensus price target of $252.95. The company recently exceeded quarterly earnings and revenue estimates and announced a quarterly dividend.
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DNB Asset Management AS Has $26.69 Million Stake in Howmet Aerospace Inc. $HWM
DNB Asset Management AS increased its stake in Howmet Aerospace Inc. (NYSE:HWM) by 9.4%, holding 135,986 shares valued at $26.69 million. Institutional investors now own 90.46% of the company’s stock, and analysts widely recommend HWM as a “Moderate Buy” with a consensus price target of $252.95. The company recently exceeded quarterly earnings and revenue estimates and announced a quarterly dividend.