E. Ohman J or Asset Management AB bought a new position in shares of Howmet Aerospace Inc. (NYSE:HWM – Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 13,102 shares of the company’s stock, valued at approximately $2,686,000.
Several other hedge funds also recently added to or reduced their stakes in HWM. Brighton Jones LLC raised its stake in Howmet Aerospace by 5.4% in the fourth quarter. Brighton Jones LLC now owns 2,548 shares of the company’s stock valued at $279,000 after buying an additional 130 shares during the last quarter. Acadian Asset Management LLC acquired a new stake in Howmet Aerospace in the first quarter worth about $399,000. Sivia Capital Partners LLC purchased a new stake in shares of Howmet Aerospace during the second quarter worth about $216,000. AlphaCore Capital LLC purchased a new stake in shares of Howmet Aerospace during the second quarter worth about $186,000. Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of Howmet Aerospace by 1.8% during the second quarter. Charles Schwab Investment Management Inc. now owns 2,397,860 shares of the company’s stock valued at $446,314,000 after acquiring an additional 41,543 shares in the last quarter. 90.46% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
HWM has been the subject of several research analyst reports. Jefferies Financial Group reaffirmed a “buy” rating and issued a $315.00 price objective on shares of Howmet Aerospace in a research report on Sunday, February 15th. Bank of America upped their price target on shares of Howmet Aerospace from $250.00 to $300.00 and gave the company a “buy” rating in a research note on Friday, February 20th. Susquehanna raised their price target on shares of Howmet Aerospace from $255.00 to $290.00 and gave the stock a “positive” rating in a report on Friday, February 13th. 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. Finally, BTIG Research reissued a “buy” rating and set a $275.00 price objective on shares of Howmet Aerospace in a report on Tuesday, March 17th. 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 stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $256.15.
Howmet Aerospace Trading Up 1.3%
Howmet Aerospace stock opened at $239.17 on Wednesday. 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 52 week low of $105.04 and a 52 week high of $267.31. The company has a market capitalization of $95.89 billion, a price-to-earnings ratio of 64.47, a price-to-earnings-growth ratio of 2.19 and a beta of 1.21. The stock has a 50-day moving average price of $236.37 and a 200 day moving average price of $211.99.
Howmet Aerospace (NYSE:HWM – Get Free Report) last issued its quarterly earnings results on Thursday, February 12th. The company reported $1.05 earnings per share for the quarter, topping the consensus estimate of $0.97 by $0.08. Howmet Aerospace had a net margin of 18.27% and a return on equity of 30.41%. The company had revenue of $2.17 billion for the quarter, compared to the consensus estimate of $2.12 billion. During the same quarter in the prior year, the company 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. Sell-side analysts anticipate that Howmet Aerospace Inc. will post 3.27 EPS for the current year.
Howmet Aerospace Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 25th. Stockholders 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 dividend yield of 0.2%. Howmet Aerospace’s dividend payout ratio is presently 12.94%.
Insiders Place Their Bets
In related news, VP Barbara Lou Shultz sold 1,000 shares of the firm’s 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 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 sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Neil Edward Marchuk sold 45,150 shares of the firm’s stock in a transaction on Wednesday, February 18th. The stock was 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 of the company’s stock, valued at approximately $26,933,913.60. This trade represents a 29.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.12% of the stock is owned by corporate 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.
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