Strs Ohio Boosts Stock Position in Howmet Aerospace Inc. $HWM

Strs Ohio lifted its stake in Howmet Aerospace Inc. (NYSE:HWM) by 55.6% in the fourth quarter, Holdings Channel.com reports. The fund owned 192,206 shares of the company’s stock after purchasing an additional 68,717 shares during the period. Strs Ohio’s holdings in Howmet Aerospace were worth $39,406,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in the stock. Newbridge Financial Services Group Inc. raised its stake in shares of Howmet Aerospace by 119.7% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock valued at $25,000 after purchasing an additional 73 shares during the period. Sound Income Strategies LLC boosted its stake in Howmet Aerospace by 66.7% in the 4th quarter. Sound Income Strategies LLC now owns 125 shares of the company’s stock worth $28,000 after purchasing an additional 50 shares during the period. Tradewinds Capital Management LLC boosted its stake in Howmet Aerospace by 52.0% in the 3rd quarter. Tradewinds Capital Management LLC now owns 152 shares of the company’s stock worth $30,000 after purchasing an additional 52 shares during the period. Manning & Napier Advisors LLC purchased a new position in Howmet Aerospace during the 3rd quarter valued at about $32,000. Finally, Flagship Wealth Advisors LLC bought a new stake in shares of Howmet Aerospace during the third quarter valued at about $33,000. 90.46% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

HWM has been the topic of a number of recent analyst reports. BTIG Research reissued a “buy” rating and issued a $275.00 price target on shares of Howmet Aerospace in a report on Tuesday, March 17th. Jefferies Financial Group reaffirmed a “buy” rating and set a $315.00 price objective on shares of Howmet Aerospace in a research note on Sunday, February 15th. JPMorgan Chase & Co. increased their target price on shares of Howmet Aerospace from $227.00 to $265.00 and gave the stock an “overweight” rating in a research note on Thursday, February 19th. Wall Street Zen raised shares of Howmet Aerospace from a “hold” rating to a “buy” rating in a report on Sunday, January 18th. Finally, Wolfe Research set a $270.00 price target on shares of Howmet Aerospace and gave the company an “outperform” rating in a research report on Wednesday, March 11th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $266.89.

Howmet Aerospace Stock Down 1.4%

HWM stock opened at $239.74 on Friday. The company has a current ratio of 2.13, a quick ratio of 1.09 and a debt-to-equity ratio of 0.53. The company’s 50 day moving average is $245.96 and its 200 day moving average is $221.95. The stock has a market cap of $96.07 billion, a price-to-earnings ratio of 64.62, a price-to-earnings-growth ratio of 2.21 and a beta of 1.19. Howmet Aerospace Inc. has a 1-year low of $150.21 and a 1-year high of $267.31.

Howmet Aerospace (NYSE:HWM) last announced its earnings results on Thursday, February 12th. The company reported $1.05 earnings per share for the quarter, beating analysts’ consensus estimates of $0.97 by $0.08. Howmet Aerospace had a net margin of 18.27% and a return on equity of 30.41%. The business had revenue of $2.17 billion for the quarter, compared to the consensus estimate of $2.12 billion. During the same period last year, the firm posted $0.77 earnings per share. Howmet Aerospace’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. Sell-side analysts predict that Howmet Aerospace Inc. will post 4.57 EPS for the current fiscal year.

Howmet Aerospace Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 26th. Stockholders of record on Friday, May 8th will be issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend is Friday, May 8th. Howmet Aerospace’s payout ratio is currently 12.94%.

Insiders Place Their Bets

In related news, VP Barbara Lou Shultz sold 1,000 shares of the company’s 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 transaction, the vice president directly owned 23,874 shares in the company, valued at approximately $6,207,240. The trade was a 4.02% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Neil Edward Marchuk sold 45,150 shares of the stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $251.70, for a total value of $11,364,255.00. Following the completion of the transaction, the executive vice president directly owned 107,008 shares in the company, valued at approximately $26,933,913.60. This represents a 29.67% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.85% of the company’s stock.

About Howmet Aerospace

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.