California Public Employees Retirement System Grows Holdings in Howmet Aerospace Inc. $HWM

California Public Employees Retirement System lifted its stake in Howmet Aerospace Inc. (NYSE:HWM) by 3.4% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 756,698 shares of the company’s stock after acquiring an additional 24,738 shares during the quarter. California Public Employees Retirement System’s holdings in Howmet Aerospace were worth $148,487,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Brighton Jones LLC boosted its position in shares of Howmet Aerospace by 5.4% during the fourth quarter. Brighton Jones LLC now owns 2,548 shares of the company’s stock worth $279,000 after buying an additional 130 shares during the period. Acadian Asset Management LLC purchased a new stake in shares of Howmet Aerospace in the 1st quarter valued at $399,000. Sivia Capital Partners LLC purchased a new stake in shares of Howmet Aerospace in the 2nd quarter valued at $216,000. PNC Financial Services Group Inc. lifted its stake in Howmet Aerospace by 0.7% during the 2nd quarter. PNC Financial Services Group Inc. now owns 72,498 shares of the company’s stock worth $13,494,000 after acquiring an additional 511 shares in the last quarter. Finally, Advisors Capital Management LLC acquired a new position in Howmet Aerospace during the 2nd quarter worth about $376,000. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Insider Activity at Howmet Aerospace

In other Howmet Aerospace news, VP Barbara Lou Shultz sold 1,000 shares of the business’s stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $260.00, for a total transaction of $260,000.00. Following the completion of the transaction, the vice president owned 23,874 shares in the company, valued at $6,207,240. The trade was a 4.02% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Neil Edward Marchuk sold 45,150 shares of the stock in a transaction that occurred 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 in the company, valued at approximately $26,933,913.60. This represents a 29.67% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 1.12% of the company’s stock.

Howmet Aerospace Price Performance

Shares of NYSE HWM opened at $236.76 on Monday. 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 company has a market cap of $94.93 billion, a price-to-earnings ratio of 63.82, a price-to-earnings-growth ratio of 2.19 and a beta of 1.20. The stock’s 50-day moving average is $233.28 and its two-hundred day moving average is $208.95. Howmet Aerospace Inc. has a 1-year low of $105.04 and a 1-year high of $267.31.

Howmet Aerospace (NYSE:HWM) last announced 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 business had revenue of $2.17 billion during the quarter, compared to analysts’ expectations of $2.12 billion. During the same quarter last year, the business posted $0.77 EPS. The business’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. Analysts forecast that Howmet Aerospace Inc. will post 3.27 EPS for the current fiscal year.

Howmet Aerospace Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, February 25th. Investors of record on Friday, February 6th were paid a $0.12 dividend. The ex-dividend date was Friday, February 6th. This represents a $0.48 dividend on an annualized basis and a yield of 0.2%. Howmet Aerospace’s payout ratio is currently 12.94%.

Analysts Set New Price Targets

HWM has been the subject of several research reports. Truist Financial set a $280.00 target price on Howmet Aerospace in a research report on Wednesday. Wolfe Research set a $270.00 price target on shares of Howmet Aerospace and gave the stock an “outperform” rating in a research report on Wednesday. Jefferies Financial Group reissued a “buy” rating and issued a $315.00 price objective on shares of Howmet Aerospace in a research note on Sunday, February 15th. Wall Street Zen upgraded shares of Howmet Aerospace from a “hold” rating to a “buy” rating in a report on Sunday, January 18th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Howmet Aerospace in a research note on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, Howmet Aerospace currently has an average rating of “Moderate Buy” and a consensus price target of $256.15.

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.