Howmet Aerospace sees increased institutional investment

Several institutional investors have recently acquired new positions in Howmet Aerospace Inc. (HWM) during the second quarter, according to recent Securities and Exchange Commission filings.

Vista Investment Management purchased 3,705 shares valued at approximately $996,000. Westpac Banking Corp also established a new position, buying 21,890 shares worth roughly $5.88 million. Other notable investors adding stakes during the period include Elevation Point Wealth Partners LLC, Daiichi Life Insurance Co. Ltd., and Commerce Bank.

In recent market analysis, Wells Fargo & Company restated an ‘outperform’ rating for the company with a $315.00 price target, while JPMorgan Chase & Co. increased its price objective for the stock.