Wolverine Asset Management LLC Has $1.33 Million Stake in Howmet Aerospace Inc. $HWM

Wolverine Asset Management LLC increased its position in Howmet Aerospace Inc. (NYSE:HWM) by 160.0% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 6,500 shares of the company’s stock after purchasing an additional 4,000 shares during the period. Wolverine Asset Management LLC’s holdings in Howmet Aerospace were worth $1,333,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in HWM. Invesco Ltd. boosted its stake in Howmet Aerospace by 12.2% in the 3rd quarter. Invesco Ltd. now owns 7,367,438 shares of the company’s stock worth $1,445,712,000 after purchasing an additional 801,093 shares during the period. Vanguard Group Inc. boosted its position in 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 acquiring an additional 664,595 shares during the period. Federated Hermes Inc. boosted its position in 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 acquiring an additional 627,397 shares during the period. Nordea Investment Management AB boosted its position in 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 acquiring an additional 521,180 shares during the period. Finally, Franklin Resources Inc. boosted its position in 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 acquiring an additional 493,872 shares during the period. Institutional investors and hedge funds own 90.46% of the company’s stock.

Howmet Aerospace Stock Up 1.3%

Shares of Howmet Aerospace stock opened at $242.83 on Wednesday. The firm has a market cap of $97.30 billion, a price-to-earnings ratio of 65.45, a P/E/G ratio of 2.21 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 Inc. has a 52-week low of $150.63 and a 52-week high of $267.31. The stock has a 50-day simple moving average of $245.65 and a 200-day simple moving average of $222.51.

Howmet Aerospace (NYSE:HWM) last announced its quarterly earnings results 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. The business had revenue of $2.17 billion during the quarter, compared to analyst estimates of $2.12 billion. Howmet Aerospace had a return on equity of 30.41% and a net margin of 18.27%.The firm’s revenue was up 14.6% on a year-over-year basis. During the same period in the previous year, the company earned $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. On average, equities research analysts expect that Howmet Aerospace Inc. will post 4.57 earnings per share for the current fiscal year.

Howmet Aerospace Announces Dividend

The firm 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 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Friday, May 8th. Howmet Aerospace’s payout ratio is presently 12.94%.

Insider Buying and Selling at Howmet Aerospace

In related news, VP Barbara Lou Shultz sold 1,000 shares of Howmet Aerospace 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 of the company’s stock, valued at approximately $6,207,240. The trade was a 4.02% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Neil Edward Marchuk sold 45,150 shares of Howmet Aerospace 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 directly owned 107,008 shares of the company’s stock, valued at approximately $26,933,913.60. The trade was 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 currently owned by insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on HWM shares. Citigroup decreased their price objective on Howmet Aerospace from $283.00 to $271.00 and set a “buy” rating for the company in a research report on Thursday, April 2nd. BTIG Research reissued a “buy” rating and set a $275.00 target price on shares of Howmet Aerospace in a research note on Tuesday, March 17th. Deutsche Bank Aktiengesellschaft set a $278.00 target price on shares of Howmet Aerospace and gave the company a “buy” rating in a research note on Friday, February 13th. Susquehanna lifted their target price on shares of Howmet Aerospace from $255.00 to $290.00 and gave the company a “positive” rating in a research note on Friday, February 13th. Finally, UBS Group lifted their target price on shares of Howmet Aerospace from $228.00 to $260.00 and gave the company a “neutral” rating in a research note on Tuesday, February 17th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $266.89.

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.