Coastline Trust Co Makes New Investment in Howmet Aerospace Inc. $HWM

Coastline Trust Co acquired a new stake in Howmet Aerospace Inc. (NYSE:HWMFree Report) during the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 4,750 shares of the company’s stock, valued at approximately $974,000.

A number of other hedge funds have also modified their holdings of the stock. Winnow Wealth LLC bought a new position in shares of Howmet Aerospace during the second quarter valued at $25,000. Traub Capital Management LLC bought a new position in Howmet Aerospace during the 2nd quarter valued at about $25,000. Newbridge Financial Services Group Inc. boosted its position in Howmet Aerospace by 119.7% in the second 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 grew its position in 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 acquiring an additional 52 shares during the last quarter. Finally, Manning & Napier Advisors LLC acquired a new stake in Howmet Aerospace during the 3rd quarter valued at $32,000. 90.46% of the stock is owned by institutional investors and hedge funds.

Howmet Aerospace Stock Down 3.8%

NYSE:HWM opened at $232.72 on Friday. The company has a quick ratio of 1.09, a current ratio of 2.13 and a debt-to-equity ratio of 0.53. Howmet Aerospace Inc. has a 12-month low of $105.04 and a 12-month high of $267.31. The stock’s fifty day simple moving average is $235.40 and its 200-day simple moving average is $210.24. The firm has a market capitalization of $93.31 billion, a P/E ratio of 62.73, a P/E/G ratio of 2.24 and a beta of 1.21.

Howmet Aerospace (NYSE:HWMGet Free Report) last released its quarterly earnings data on Thursday, February 12th. The company reported $1.05 EPS for the quarter, beating analysts’ consensus estimates of $0.97 by $0.08. The business had revenue of $2.17 billion during the quarter, compared to the consensus estimate 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 quarter in the prior year, the company posted $0.77 earnings per share. 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. Equities research analysts expect that Howmet Aerospace Inc. will post 3.27 earnings per share for the current year.

Howmet Aerospace Announces Dividend

The company 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. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend was Friday, February 6th. Howmet Aerospace’s dividend payout ratio (DPR) is currently 12.94%.

Insiders Place Their Bets

In other news, VP Barbara Lou Shultz sold 1,000 shares of the firm’s stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $260.00, for a total transaction of $260,000.00. Following the sale, 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 transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Neil Edward Marchuk sold 45,150 shares of Howmet Aerospace stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $251.70, for a total value of $11,364,255.00. Following the transaction, the executive vice president owned 107,008 shares in the company, valued at $26,933,913.60. This trade represents a 29.67% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.04% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the company. Wolfe Research set a $270.00 price objective on Howmet Aerospace and gave the company an “outperform” rating in a research report on Wednesday, March 11th. Susquehanna raised their price objective on shares of Howmet Aerospace from $255.00 to $290.00 and gave the company a “positive” rating in a research report on Friday, February 13th. Weiss Ratings restated a “buy (b)” rating on shares of Howmet Aerospace in a research report on Thursday, January 22nd. UBS Group lifted their target price on Howmet Aerospace from $228.00 to $260.00 and gave the company a “neutral” rating in a research note on Tuesday, February 17th. Finally, Truist Financial set a $280.00 target price on Howmet Aerospace in a research report on Wednesday, March 11th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, Howmet Aerospace presently has an average rating of “Moderate Buy” and an average price target of $256.15.

Get Our Latest Research Report on HWM

Howmet Aerospace Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding HWM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Howmet Aerospace Inc. (NYSE:HWMFree Report).

Institutional Ownership by Quarter for Howmet Aerospace (NYSE:HWM)

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