Norges Bank Invests $1.79 Billion in Howmet Aerospace Inc. $HWM

Norges Bank purchased a new position in Howmet Aerospace Inc. (NYSE:HWM) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 8,748,895 shares of the company’s stock, valued at approximately $1,793,698,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Salomon & Ludwin LLC boosted its position in shares of Howmet Aerospace by 12.5% in the 4th quarter. Salomon & Ludwin LLC now owns 423 shares of the company’s stock worth $90,000 after purchasing an additional 47 shares during the last quarter. Catalyst Financial Partners LLC boosted its position in shares of Howmet Aerospace by 0.9% in the 4th quarter. Catalyst Financial Partners LLC now owns 5,561 shares of the company’s stock worth $1,140,000 after purchasing an additional 48 shares during the last quarter. Burns J W & Co. Inc. NY boosted its position in shares of Howmet Aerospace by 2.6% in the 4th quarter. Burns J W & Co. Inc. NY now owns 1,949 shares of the company’s stock worth $400,000 after purchasing an additional 49 shares during the last quarter. HBW Advisory Services LLC boosted its position in shares of Howmet Aerospace by 2.5% in the 4th quarter. HBW Advisory Services LLC now owns 1,990 shares of the company’s stock worth $408,000 after purchasing an additional 49 shares during the last quarter. Finally, Fidelis Capital Partners LLC boosted its position in shares of Howmet Aerospace by 2.9% in the 4th quarter. Fidelis Capital Partners LLC now owns 1,738 shares of the company’s stock worth $356,000 after purchasing an additional 49 shares during the last quarter. 90.46% of the stock is currently owned by institutional investors.

Insider Activity

In other Howmet Aerospace news, EVP Neil Edward Marchuk sold 41,932 shares of Howmet Aerospace stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $269.50, for a total value of $11,300,674.00. Following the sale, the executive vice president owned 65,105 shares of the company’s stock, valued at $17,545,797.50. This trade represents a 39.18% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.85% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several research firms have recently issued reports on HWM. Morgan Stanley restated an “overweight” rating and issued a $315.00 price target on shares of Howmet Aerospace in a research report on Friday, May 8th. Susquehanna raised their price target on Howmet Aerospace from $300.00 to $330.00 and gave the stock a “positive” rating in a research report on Friday, May 8th. KeyCorp began coverage on Howmet Aerospace in a research report on Wednesday, March 25th. They issued a “sector weight” rating on the stock. BTIG Research raised their price target on Howmet Aerospace from $275.00 to $300.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Howmet Aerospace in a research report on Tuesday, April 21st. Eighteen research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $285.53.

Howmet Aerospace Stock Performance

Shares of Howmet Aerospace stock opened at $258.61 on Friday. The company has a market capitalization of $103.47 billion, a PE ratio of 60.00, a PEG ratio of 2.06 and a beta of 1.19. Howmet Aerospace Inc. has a 12 month low of $165.51 and a 12 month high of $280.74. The company has a current ratio of 2.44, a quick ratio of 1.59 and a debt-to-equity ratio of 0.73. The stock’s fifty day simple moving average is $249.31 and its 200 day simple moving average is $230.22.

Howmet Aerospace (NYSE:HWM) last issued its quarterly earnings data on Thursday, May 7th. The company reported $1.22 EPS for the quarter, topping the consensus estimate of $1.11 by $0.11. The business had revenue of $2.31 billion for the quarter, compared to the consensus estimate of $2.24 billion. Howmet Aerospace had a return on equity of 29.27% and a net margin of 20.23%.The firm’s revenue was up 19.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.86 EPS. Howmet Aerospace has set its FY 2026 guidance at 4.880-5.000 EPS and its Q2 2026 guidance at 1.220-1.240 EPS. On average, research analysts predict that Howmet Aerospace Inc. will post 5.04 EPS for the current year.

Howmet Aerospace Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, May 26th. Shareholders of record on Friday, May 8th were paid a $0.12 dividend. The ex-dividend date of this dividend was Friday, May 8th. This represents a $0.48 annualized dividend and a dividend yield of 0.2%. Howmet Aerospace’s dividend payout ratio (DPR) is currently 11.14%.

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.