Sumitomo Mitsui DS Asset Management Company Ltd boosted its position in shares of Howmet Aerospace Inc. (NYSE:HWM – Free Report) by 4.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 67,594 shares of the company’s stock after acquiring an additional 3,019 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Howmet Aerospace were worth $13,858,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in HWM. Invesco Ltd. lifted its position in shares of Howmet Aerospace by 12.2% during the 3rd quarter. Invesco Ltd. now owns 7,367,438 shares of the company’s stock worth $1,445,712,000 after buying an additional 801,093 shares during the last quarter. Vanguard Group Inc. lifted its position in shares of Howmet Aerospace by 1.4% during the 3rd quarter. Vanguard Group Inc. now owns 49,139,989 shares of the company’s stock worth $9,642,740,000 after buying an additional 664,595 shares during the last quarter. Federated Hermes Inc. lifted its position in shares of Howmet Aerospace by 140.7% during the 3rd quarter. Federated Hermes Inc. now owns 1,073,305 shares of the company’s stock worth $210,615,000 after buying an additional 627,397 shares during the last quarter. Nordea Investment Management AB lifted its position in shares of Howmet Aerospace by 59.2% during the 3rd quarter. Nordea Investment Management AB now owns 1,401,335 shares of the company’s stock worth $273,288,000 after buying an additional 521,180 shares during the last quarter. Finally, Franklin Resources Inc. lifted its position in shares of Howmet Aerospace by 116.7% during the 3rd quarter. Franklin Resources Inc. now owns 917,241 shares of the company’s stock worth $179,990,000 after buying an additional 493,872 shares during the last quarter. Institutional investors and hedge funds own 90.46% of the company’s stock.
Analyst Upgrades and Downgrades
Several analysts have recently weighed in on the stock. JPMorgan Chase & Co. boosted their price objective on shares of Howmet Aerospace from $227.00 to $265.00 and gave the stock an “overweight” rating in a research report on Thursday, February 19th. Wolfe Research set a $270.00 price objective on shares of Howmet Aerospace and gave the stock an “outperform” rating in a research report on Wednesday, March 11th. Citigroup reduced their price objective on shares of Howmet Aerospace from $283.00 to $271.00 and set a “buy” rating for the company in a research report on Thursday, April 2nd. Royal Bank Of Canada boosted their price objective on shares of Howmet Aerospace from $275.00 to $300.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 11th. Finally, Jefferies Financial Group restated a “buy” rating and set a $315.00 price objective on shares of Howmet Aerospace in a research report on Sunday, February 15th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $266.89.
Howmet Aerospace Stock Up 5.9%
HWM stock opened at $257.10 on Thursday. The company has a fifty day moving average price of $245.66 and a 200 day moving average price of $222.97. Howmet Aerospace Inc. has a 12 month low of $154.31 and a 12 month high of $267.31. The company has a market cap of $103.02 billion, a price-to-earnings ratio of 69.30, a price-to-earnings-growth ratio of 2.24 and a beta of 1.19. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.13 and a quick ratio of 1.09.
Howmet Aerospace (NYSE:HWM – Get Free Report) last released its quarterly earnings results on Thursday, February 12th. The company reported $1.05 EPS for the quarter, beating the consensus estimate of $0.97 by $0.08. Howmet Aerospace had a net margin of 18.27% and a return on equity of 30.41%. The firm had revenue of $2.17 billion during the quarter, compared to the consensus estimate of $2.12 billion. During the same quarter in the prior year, the firm earned $0.77 EPS. Howmet Aerospace’s revenue for the quarter 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 expect that Howmet Aerospace Inc. will post 4.57 earnings per share for the current year.
Howmet Aerospace Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 26th. Investors of record on Friday, May 8th will be given a $0.12 dividend. The ex-dividend date is Friday, May 8th. This represents a $0.48 annualized dividend and a yield of 0.2%. Howmet Aerospace’s dividend payout ratio is 12.94%.
Insider Buying and Selling at Howmet Aerospace
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 sale, the vice president owned 23,874 shares in the company, valued at $6,207,240. This represents a 4.02% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Neil Edward Marchuk sold 45,150 shares of the company’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $251.70, for a total transaction of $11,364,255.00. Following the completion of the sale, the executive vice president owned 107,008 shares of the company’s stock, valued at approximately $26,933,913.60. This trade represents a 29.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.85% of the stock is owned by corporate insiders.
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.
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