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Oppenheimer Asset Management Inc. Purchases 20,641 Shares of Howmet Aerospace Inc. $HWM
Oppenheimer Asset Management Inc. significantly increased its stake in Howmet Aerospace Inc. by 49.8% in the fourth quarter, acquiring an additional 20,641 shares, bringing its total holdings to 62,111 shares valued at approximately $12.73 million. Institutional investors now own 90.46% of Howmet Aerospace stock. The company recently reported strong Q4 earnings, beating estimates, and announced a quarterly dividend of $0.12, while analysts maintain a “Moderate Buy” rating with a consensus price target of $266.89.