NorthCrest Asset Manangement LLC Cuts Stock Holdings in Howmet Aerospace Inc. $HWM

NorthCrest Asset Manangement LLC reduced its stake in Howmet Aerospace Inc. (NYSE:HWM) by 15.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 12,706 shares of the company’s stock after selling 2,357 shares during the period. NorthCrest Asset Manangement LLC’s holdings in Howmet Aerospace were worth $2,705,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in shares of Howmet Aerospace by 1.4% during the 3rd quarter. Vanguard Group Inc. now owns 49,139,989 shares of the company’s stock valued at $9,642,740,000 after purchasing an additional 664,595 shares during the last quarter. State Street Corp increased its holdings in shares of Howmet Aerospace by 1.6% in the third quarter. State Street Corp now owns 17,964,662 shares of the company’s stock worth $3,525,206,000 after purchasing an additional 278,587 shares during the last quarter. Bank of America Corp DE lifted its position in shares of Howmet Aerospace by 2.4% in the third quarter. Bank of America Corp DE now owns 10,877,771 shares of the company’s stock worth $2,134,545,000 after buying an additional 255,419 shares in the last quarter. Norges Bank purchased a new stake in shares of Howmet Aerospace in the second quarter worth about $1,633,157,000. Finally, Invesco Ltd. boosted its stake in Howmet Aerospace by 12.2% during the third quarter. Invesco Ltd. now owns 7,367,438 shares of the company’s stock valued at $1,445,712,000 after buying an additional 801,093 shares during the last quarter. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Trading Down 0.8%

Shares of HWM stock opened at $231.07 on Monday. The company has a market cap of $92.64 billion, a PE ratio of 62.28, a price-to-earnings-growth ratio of 2.14 and a beta of 1.20. Howmet Aerospace Inc. has a 1 year low of $105.04 and a 1 year high of $267.31. The stock’s 50 day simple moving average is $235.66 and its two-hundred day simple moving average is $211.16. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.13 and a quick ratio of 1.09.

Howmet Aerospace (NYSE:HWM) last announced its earnings results on Thursday, February 12th. The company reported $1.05 EPS for the quarter, topping analysts’ consensus estimates of $0.97 by $0.08. The firm had revenue of $2.17 billion during the quarter, compared to analysts’ expectations of $2.12 billion. Howmet Aerospace had a return on equity of 30.41% and a net margin of 18.27%.The company’s quarterly revenue was up 14.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.77 EPS. 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. Research analysts predict that Howmet Aerospace Inc. will post 3.27 earnings per share for the current year.

Howmet Aerospace Dividend Announcement

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

Insider Buying and Selling at Howmet Aerospace

In other Howmet Aerospace news, VP Barbara Lou Shultz sold 1,000 shares of Howmet Aerospace 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 completion of the transaction, the vice president directly owned 23,874 shares of the company’s stock, valued at $6,207,240. The trade was a 4.02% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Neil Edward Marchuk sold 45,150 shares of the business’s 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 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. 1.12% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. Royal Bank Of Canada raised their price target on Howmet Aerospace from $275.00 to $300.00 and gave the company an “outperform” rating in a report on Wednesday, March 11th. Truist Financial set a $280.00 target price on Howmet Aerospace in a research report on Wednesday, March 11th. Jefferies Financial Group reissued a “buy” rating and issued a $315.00 target price on shares of Howmet Aerospace in a report on Sunday, February 15th. Deutsche Bank Aktiengesellschaft set a $278.00 price target on shares of Howmet Aerospace and gave the stock a “buy” rating in a research report on Friday, February 13th. Finally, UBS Group upped their price target on shares of Howmet Aerospace from $228.00 to $260.00 and gave the company a “neutral” rating in a research note on Tuesday, February 17th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, Howmet Aerospace presently has a consensus rating of “Moderate Buy” and a consensus target price of $256.15.

About Howmet Aerospace

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.