American Century Companies Inc. decreased its holdings in Howmet Aerospace Inc. (NYSE:HWM – Free Report) by 4.4% in the third quarter, HoldingsChannel.com reports. The firm owned 3,477,800 shares of the company’s stock after selling 158,199 shares during the quarter. Howmet Aerospace makes up 0.3% of American Century Companies Inc.’s holdings, making the stock its 24th biggest holding. American Century Companies Inc.’s holdings in Howmet Aerospace were worth $682,449,000 at the end of the most recent quarter.
Several other institutional investors also recently bought and sold shares of the business. Traub Capital Management LLC acquired a new position in Howmet Aerospace during the second quarter worth $25,000. Winnow Wealth LLC acquired a new position in shares of Howmet Aerospace during the 2nd quarter worth about $25,000. Newbridge Financial Services Group Inc. lifted its stake in Howmet Aerospace by 119.7% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock valued at $25,000 after buying an additional 73 shares in the last quarter. Tradewinds Capital Management LLC boosted its holdings in Howmet Aerospace by 52.0% in 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 during the last quarter. Finally, Atlantic Union Bankshares Corp acquired a new stake in Howmet Aerospace in the 2nd quarter worth about $32,000. 90.46% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
HWM has been the topic of several research reports. Jefferies Financial Group restated a “buy” rating and issued a $315.00 target price on shares of Howmet Aerospace in a research report on Sunday, February 15th. iA Financial set a $240.00 price objective on Howmet Aerospace in a research note on Monday, November 3rd. Citigroup raised their price objective on Howmet Aerospace from $255.00 to $283.00 and gave the company a “buy” rating in a report on Tuesday, February 17th. Wall Street Zen raised shares of Howmet Aerospace from a “hold” rating to a “buy” rating in a research note on Sunday, January 18th. Finally, TD Cowen reaffirmed a “buy” rating on shares of Howmet Aerospace in a report on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $252.95.
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 value of $11,364,255.00. Following the sale, the executive vice president owned 107,008 shares in the company, valued at approximately $26,933,913.60. The trade was a 29.67% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Barbara Lou Shultz sold 1,000 shares of the firm’s stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $260.00, for a total value of $260,000.00. Following 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 ownership of the stock. The SEC filing for this sale provides additional information. 1.04% of the stock is currently owned by insiders.
Howmet Aerospace Trading Up 0.7%
NYSE HWM opened at $262.12 on Friday. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.13 and a quick ratio of 1.09. The stock has a market capitalization of $105.10 billion, a P/E ratio of 70.65, a PEG ratio of 2.41 and a beta of 1.26. The firm’s 50-day moving average is $224.60 and its two-hundred day moving average is $203.01. Howmet Aerospace Inc. has a 12 month low of $105.04 and a 12 month high of $262.63.
Howmet Aerospace (NYSE:HWM – Get Free Report) last released its quarterly earnings results on Thursday, February 12th. The company reported $1.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.97 by $0.08. Howmet Aerospace had a net margin of 18.27% and a return on equity of 30.41%. The business had revenue of $2.17 billion for the quarter, compared to the consensus estimate of $2.12 billion. During the same period in the previous year, the firm earned $0.77 EPS. The business’s revenue 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. On average, sell-side analysts anticipate that Howmet Aerospace Inc. will post 3.27 earnings per share for the current year.
Howmet Aerospace Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 25th. Stockholders of record on Friday, February 6th were paid a $0.12 dividend. The ex-dividend date of this dividend was Friday, February 6th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.2%. 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.
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