Covea Finance Boosts Stake in Howmet Aerospace Inc. $HWM

Covea Finance lifted its stake in shares of Howmet Aerospace Inc. (NYSE:HWM) by 5.2% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 231,309 shares of the company’s stock after purchasing an additional 11,500 shares during the quarter. Howmet Aerospace accounts for approximately 1.6% of Covea Finance’s investment portfolio, making the stock its 13th biggest holding. Covea Finance’s holdings in Howmet Aerospace were worth $47,423,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in HWM. Winnow Wealth LLC purchased a new position in Howmet Aerospace in the 2nd quarter worth $25,000. Traub Capital Management LLC acquired a new position in shares of Howmet Aerospace in the second quarter valued at about $25,000. Newbridge Financial Services Group Inc. increased its holdings in shares of 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 purchasing an additional 73 shares during the period. Tradewinds Capital Management LLC raised its stake in shares of Howmet Aerospace by 52.0% in the third quarter. Tradewinds Capital Management LLC now owns 152 shares of the company’s stock worth $30,000 after purchasing an additional 52 shares during the last quarter. Finally, Manning & Napier Advisors LLC purchased a new position in shares of Howmet Aerospace in the third quarter worth about $32,000. 90.46% of the stock is owned by hedge funds and other institutional investors.

Howmet Aerospace Stock Performance

Shares of NYSE HWM opened at $231.07 on Friday. Howmet Aerospace Inc. has a 1 year low of $105.04 and a 1 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 company’s fifty day moving average price is $235.66 and its 200 day moving average price is $210.64. The company has a market capitalization of $92.64 billion, a PE ratio of 62.28, a price-to-earnings-growth ratio of 2.16 and a beta of 1.21.

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, topping 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 during the quarter, compared to the consensus estimate of $2.12 billion. During the same quarter in the prior year, the firm posted $0.77 earnings per share. The company’s 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. On average, research analysts predict that Howmet Aerospace Inc. will post 3.27 earnings per share for the current year.

Howmet Aerospace Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 25th. Shareholders of record on Friday, February 6th were given a dividend of $0.12 per share. 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 dividend payout ratio is currently 12.94%.

Analyst Ratings Changes

HWM has been the topic of a number of recent research reports. BTIG Research reiterated a “buy” rating and issued a $275.00 target price on shares of Howmet Aerospace in a research report on Tuesday. Deutsche Bank Aktiengesellschaft set a $278.00 price objective on shares of Howmet Aerospace and gave the stock a “buy” rating in a research note on Friday, February 13th. Citigroup boosted their target price on shares of Howmet Aerospace from $255.00 to $283.00 and gave the company a “buy” rating in a research report on Tuesday, February 17th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Howmet Aerospace in a report on Thursday, January 22nd. Finally, Morgan Stanley reiterated an “overweight” rating and set a $280.00 price objective on shares of Howmet Aerospace in a research note on Friday, February 13th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $256.15.

Insider Buying and Selling

In other Howmet Aerospace news, VP Barbara Lou Shultz sold 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $260.00, for a total value of $260,000.00. Following the sale, the vice president directly owned 23,874 shares of the company’s stock, valued at approximately $6,207,240. This trade represents a 4.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Neil Edward Marchuk sold 45,150 shares of the business’s stock in a transaction that occurred on 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 completion of the sale, the executive vice president owned 107,008 shares of the company’s stock, valued at $26,933,913.60. This trade represents a 29.67% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 1.04% of the company’s stock.

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.