AustralianSuper Pty Ltd Has $185.79 Million Position in Howmet Aerospace Inc. $HWM

AustralianSuper Pty Ltd reduced its stake in Howmet Aerospace Inc. (NYSE:HWM) by 27.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 906,200 shares of the company’s stock after selling 341,741 shares during the quarter. Howmet Aerospace comprises 0.9% of AustralianSuper Pty Ltd’s holdings, making the stock its 23rd largest position. AustralianSuper Pty Ltd’s holdings in Howmet Aerospace were worth $185,789,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently bought and sold shares of HWM. Newbridge Financial Services Group Inc. lifted its holdings in Howmet Aerospace by 119.7% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock worth $25,000 after purchasing an additional 73 shares during the last quarter. Sound Income Strategies LLC grew its holdings in Howmet Aerospace by 66.7% in the 4th quarter. Sound Income Strategies LLC now owns 125 shares of the company’s stock valued at $28,000 after buying an additional 50 shares in the last quarter. Manning & Napier Advisors LLC acquired a new position in Howmet Aerospace in the 3rd quarter valued at $32,000. Flagship Wealth Advisors LLC bought a new position in Howmet Aerospace during the 3rd quarter worth $33,000. Finally, Laurel Wealth Advisors LLC bought a new position in Howmet Aerospace during the 4th quarter worth $36,000. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Howmet Aerospace

In other Howmet Aerospace news, VP Barbara Lou Shultz sold 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $260.00, for a total transaction of $260,000.00. Following the completion of the transaction, the vice president owned 23,874 shares in the company, valued at approximately $6,207,240. This trade represents a 4.02% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Neil Edward Marchuk sold 41,932 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $269.50, for a total transaction of $11,300,674.00. Following the completion of the transaction, the executive vice president owned 65,105 shares in the company, valued at $17,545,797.50. This trade represents a 39.18% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 88,082 shares of company stock worth $22,924,929 over the last quarter. 0.85% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

HWM has been the subject of a number of recent research reports. Wells Fargo & Company started coverage on shares of Howmet Aerospace in a research report on Wednesday, April 1st. They set an “equal weight” rating and a $240.00 target price on the stock. Morgan Stanley reiterated an “overweight” rating and issued a $315.00 price target on shares of Howmet Aerospace in a research note on Friday, May 8th. Truist Financial set a $280.00 price target on Howmet Aerospace in a research report on Wednesday, March 11th. BNP Paribas Exane restated an “outperform” rating and set a $340.00 price objective (up from $265.00) on shares of Howmet Aerospace in a research note on Friday, May 8th. Finally, Royal Bank Of Canada lifted their price objective on Howmet Aerospace from $275.00 to $300.00 and gave the company an “outperform” rating in a report on Wednesday, March 11th. Eighteen investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, Howmet Aerospace currently has a consensus rating of “Moderate Buy” and an average target price of $283.84.

Howmet Aerospace Stock Performance

Shares of Howmet Aerospace stock opened at $272.02 on Friday. The company’s 50 day moving average price is $246.95 and its two-hundred day moving average price is $226.23. The firm has a market capitalization of $108.84 billion, a P/E ratio of 63.11, a P/E/G ratio of 2.17 and a beta of 1.19. Howmet Aerospace Inc. has a fifty-two week low of $159.00 and a fifty-two week high of $280.74. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.44 and a quick ratio of 1.59.

Howmet Aerospace (NYSE:HWM) last issued its quarterly earnings data on Thursday, May 7th. The company reported $1.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.11 by $0.11. The business had revenue of $2.31 billion during the quarter, compared to analyst estimates of $2.24 billion. Howmet Aerospace had a net margin of 20.23% and a return on equity of 29.27%. The firm’s quarterly revenue was up 19.1% on a year-over-year basis. During the same quarter last year, the business earned $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, equities analysts forecast that Howmet Aerospace Inc. will post 5.02 earnings per share for the current fiscal year.

Howmet Aerospace Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 26th. Investors of record on Friday, May 8th will be paid a $0.12 dividend. 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 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.