New York State Teachers Retirement System Sells 3,947 Shares of Howmet Aerospace Inc. $HWM

New York State Teachers Retirement System decreased its position in Howmet Aerospace Inc. (NYSE:HWM) by 1.2% in the fourth quarter, Holdings Channel reports. The firm owned 328,977 shares of the company’s stock after selling 3,947 shares during the period. New York State Teachers Retirement System’s holdings in Howmet Aerospace were worth $67,447,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Newbridge Financial Services Group Inc. raised its position in 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 in the last quarter. Sound Income Strategies LLC grew its position in shares of Howmet Aerospace by 66.7% during the 4th quarter. Sound Income Strategies LLC now owns 125 shares of the company’s stock worth $28,000 after buying an additional 50 shares in the last quarter. Tradewinds Capital Management LLC grew its position in shares of Howmet Aerospace by 52.0% during the 3rd quarter. Tradewinds Capital Management LLC now owns 152 shares of the company’s stock worth $30,000 after buying an additional 52 shares in the last quarter. Manning & Napier Advisors LLC purchased a new position in shares of Howmet Aerospace during the third quarter valued at $32,000. Finally, Flagship Wealth Advisors LLC bought a new stake in shares of Howmet Aerospace in the third quarter valued at about $33,000. 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 company’s stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $251.70, for a total value of $11,364,255.00. Following the transaction, the executive vice president directly owned 107,008 shares of the company’s stock, valued at $26,933,913.60. This represents a 29.67% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Barbara Lou Shultz sold 1,000 shares of the firm’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 completion of the transaction, the vice president owned 23,874 shares of the company’s stock, valued at $6,207,240. This trade represents a 4.02% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.85% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on HWM. Morgan Stanley reaffirmed an “overweight” rating and issued a $280.00 price objective on shares of Howmet Aerospace in a research note on Friday, February 13th. JPMorgan Chase & Co. raised their target price on shares of Howmet Aerospace from $227.00 to $265.00 and gave the company an “overweight” rating in a research report on Thursday, February 19th. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $280.00 price target on shares of Howmet Aerospace in a research report on Tuesday, February 17th. Bank of America increased their price objective on shares of Howmet Aerospace from $250.00 to $300.00 and gave the company a “buy” rating in a research note on Friday, February 20th. Finally, Wells Fargo & Company assumed coverage on shares of Howmet Aerospace in a report on Wednesday, April 1st. They set an “equal weight” rating and a $240.00 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, Howmet Aerospace presently has an average rating of “Moderate Buy” and a consensus price target of $266.89.

Howmet Aerospace Stock Performance

Shares of Howmet Aerospace stock opened at $243.29 on Friday. Howmet Aerospace Inc. has a one year low of $144.71 and a one year high of $267.31. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.09 and a current ratio of 2.13. The company has a market capitalization of $97.49 billion, a PE ratio of 65.58, a P/E/G ratio of 2.18 and a beta of 1.24. The company has a 50-day simple moving average of $245.96 and a two-hundred day simple moving average of $221.73.

Howmet Aerospace (NYSE:HWM) last announced its quarterly earnings data on Thursday, February 12th. The company reported $1.05 EPS for the quarter, beating the consensus estimate of $0.97 by $0.08. The firm had revenue of $2.17 billion during the quarter, compared to analyst estimates of $2.12 billion. Howmet Aerospace had a net margin of 18.27% and a return on equity of 30.41%. Howmet Aerospace’s revenue was up 14.6% on a year-over-year basis. During the same period last year, the firm posted $0.77 EPS. 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. Research analysts expect that Howmet Aerospace Inc. will post 4.57 EPS for the current fiscal year.

Howmet Aerospace Dividend Announcement

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