Howmet Aerospace Inc. $HWM Shares Acquired by Bank of America Corp DE

Bank of America Corp DE increased its position in Howmet Aerospace Inc. (NYSE:HWM) by 2.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 10,877,771 shares of the company’s stock after buying an additional 255,419 shares during the quarter. Bank of America Corp DE’s holdings in Howmet Aerospace were worth $2,134,545,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in HWM. Traub Capital Management LLC acquired a new stake in Howmet Aerospace during the second quarter worth about $25,000. Winnow Wealth LLC purchased a new position in shares of Howmet Aerospace in the 2nd quarter worth about $25,000. Newbridge Financial Services Group Inc. lifted its stake in shares of 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 purchasing an additional 73 shares in the last quarter. Tradewinds Capital Management LLC lifted its stake in shares of Howmet Aerospace by 52.0% in the 3rd quarter. Tradewinds Capital Management LLC now owns 152 shares of the company’s stock valued at $30,000 after purchasing an additional 52 shares in the last quarter. Finally, Manning & Napier Advisors LLC purchased a new stake in shares of Howmet Aerospace during the 3rd quarter worth about $32,000. Institutional investors and hedge funds own 90.46% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently issued reports on HWM. UBS Group increased their target price on shares of Howmet Aerospace from $228.00 to $260.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 17th. Citigroup boosted their price objective on shares of Howmet Aerospace from $255.00 to $283.00 and gave the stock a “buy” rating in a research note on Tuesday, February 17th. Sanford C. Bernstein reissued an “outperform” rating and issued a $280.00 price objective on shares of Howmet Aerospace in a research report on Tuesday, February 17th. Royal Bank Of Canada raised their target price on shares of Howmet Aerospace from $275.00 to $300.00 and gave the company an “outperform” rating in a research note on Wednesday, March 11th. Finally, BNP Paribas Exane began coverage on shares of Howmet Aerospace in a report on Tuesday, November 18th. They set an “outperform” rating and a $240.00 target price on the stock. One research 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 stock. According to data from MarketBeat.com, Howmet Aerospace presently has an average rating of “Moderate Buy” and a consensus price target of $256.15.

Howmet Aerospace Trading Down 2.9%

NYSE:HWM opened at $236.76 on Monday. The stock 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. Howmet Aerospace Inc. has a one year low of $105.04 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 business’s 50-day simple moving average is $233.28 and its 200 day simple moving average is $208.95.

Howmet Aerospace (NYSE:HWM) last issued its quarterly earnings data on Thursday, February 12th. The company reported $1.05 earnings per share for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $2.12 billion. During the same quarter last year, the firm earned $0.77 EPS. Howmet Aerospace’s quarterly 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. As a group, sell-side analysts predict that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, February 25th. Stockholders of record on Friday, February 6th were given a dividend of $0.12 per share. 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 dividend payout ratio (DPR) is presently 12.94%.

Insider Buying and Selling

In other Howmet Aerospace news, EVP Neil Edward Marchuk sold 45,150 shares of the 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 transaction, the executive vice president directly owned 107,008 shares in the company, 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 SEC, which is available through this link. Also, VP Barbara Lou Shultz sold 1,000 shares of the stock in a transaction 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 transaction, the vice president owned 23,874 shares in the company, valued at $6,207,240. This trade represents a 4.02% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.12% of the stock is currently owned by company insiders.

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.