M&T Bank Corp Boosts Stake in Howmet Aerospace Inc. $HWM

M&T Bank Corp raised its holdings in Howmet Aerospace Inc. (NYSE:HWM) by 75.0% during the fourth quarter, Holdings Channel.com reports. The firm owned 42,975 shares of the company’s stock after purchasing an additional 18,417 shares during the period. M&T Bank Corp’s holdings in Howmet Aerospace were worth $8,810,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sound Income Strategies LLC raised its position in Howmet Aerospace by 66.7% in the fourth quarter. Sound Income Strategies LLC now owns 125 shares of the company’s stock valued at $28,000 after purchasing an additional 50 shares during the period. Newbridge Financial Services Group Inc. raised its position in Howmet Aerospace by 119.7% in the second 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. Manning & Napier Advisors LLC purchased a new stake in Howmet Aerospace in the third quarter valued at $32,000. Flagship Wealth Advisors LLC purchased a new stake in Howmet Aerospace in the third quarter valued at $33,000. Finally, Harbor Investment Advisory LLC raised its position in Howmet Aerospace by 339.0% in the fourth quarter. Harbor Investment Advisory LLC now owns 180 shares of the company’s stock valued at $37,000 after purchasing an additional 139 shares during the period. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Insider Buying and Selling at Howmet Aerospace

In related news, EVP Neil Edward Marchuk sold 45,150 shares of the business’s stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $251.70, for a total transaction of $11,364,255.00. Following the completion of the transaction, the executive vice president directly owned 107,008 shares of the company’s stock, valued at $26,933,913.60. The trade was a 29.67% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Barbara Lou Shultz sold 1,000 shares of the business’s stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $260.00, for a total value of $260,000.00. Following the transaction, the vice president directly owned 23,874 shares of the company’s stock, valued at $6,207,240. The trade was a 4.02% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.85% of the company’s stock.

Wall Street Analyst Weigh In

HWM has been the topic of a number of research analyst reports. Wells Fargo & Company began coverage on Howmet Aerospace in a research report on Wednesday, April 1st. They issued an “equal weight” rating and a $240.00 target price on the stock. Morgan Stanley reiterated an “overweight” rating and issued a $280.00 price objective on shares of Howmet Aerospace in a report on Friday, February 13th. Jefferies Financial Group reiterated a “buy” rating and issued a $315.00 price objective on shares of Howmet Aerospace in a report on Sunday, February 15th. Bank of America boosted their price objective on Howmet Aerospace from $250.00 to $300.00 and gave the company a “buy” rating in a report on Friday, February 20th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Howmet Aerospace in a report on Tuesday, April 21st. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $266.89.

Howmet Aerospace Price Performance

HWM stock opened at $242.83 on Wednesday. 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 has a market capitalization of $97.30 billion, a PE ratio of 65.45, a P/E/G ratio of 2.21 and a beta of 1.19. Howmet Aerospace Inc. has a 12-month low of $150.63 and a 12-month high of $267.31. The business’s fifty day moving average price is $245.65 and its 200 day moving average price is $222.51.

Howmet Aerospace (NYSE:HWM) last posted its quarterly earnings data on Thursday, February 12th. The company reported $1.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.97 by $0.08. Howmet Aerospace had a return on equity of 30.41% and a net margin of 18.27%.The firm had revenue of $2.17 billion for the quarter, compared to the consensus estimate of $2.12 billion. During the same quarter in the previous year, the business earned $0.77 EPS. The company’s quarterly revenue was up 14.6% compared to the same quarter last year. 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. On average, sell-side analysts anticipate that Howmet Aerospace Inc. will post 4.57 EPS for the current year.

Howmet Aerospace Dividend Announcement

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

Howmet Aerospace 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.