Forsta AP Fonden Trims Position in Howmet Aerospace Inc. $HWM

Forsta AP Fonden cut its position in Howmet Aerospace Inc. (NYSE:HWM) by 1.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 164,900 shares of the company’s stock after selling 2,600 shares during the period. Forsta AP Fonden’s holdings in Howmet Aerospace were worth $33,808,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Newbridge Financial Services Group Inc. increased its stake 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 worth $25,000 after purchasing an additional 73 shares in the last quarter. Sound Income Strategies LLC increased its stake in shares of Howmet Aerospace by 66.7% in the fourth quarter. Sound Income Strategies LLC now owns 125 shares of the company’s stock worth $28,000 after purchasing an additional 50 shares in the last quarter. Laurel Wealth Advisors LLC purchased a new stake in shares of Howmet Aerospace in the fourth quarter worth $36,000. Harbor Investment Advisory LLC increased its stake in shares of Howmet Aerospace by 339.0% in the fourth quarter. Harbor Investment Advisory LLC now owns 180 shares of the company’s stock worth $37,000 after purchasing an additional 139 shares in the last quarter. Finally, Ares Financial Consulting LLC purchased a new stake in shares of Howmet Aerospace in the fourth quarter worth $37,000. 90.46% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have recently issued reports on HWM. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $320.00 price objective on shares of Howmet Aerospace in a research note on Friday, May 8th. UBS Group increased their price objective on shares of Howmet Aerospace from $260.00 to $290.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. Truist Financial set a $280.00 target price on shares of Howmet Aerospace in a research note on Wednesday, March 11th. Bank of America raised their target price 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. Finally, BTIG Research raised their target price on shares of Howmet Aerospace from $275.00 to $300.00 and gave the company a “buy” rating in a research note on Friday, May 8th. Eighteen research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, Howmet Aerospace presently has an average rating of “Moderate Buy” and an average target price of $285.53.

Howmet Aerospace Price Performance

HWM stock opened at $258.61 on Friday. Howmet Aerospace Inc. has a 52 week low of $165.51 and a 52 week high of $280.74. The company has a quick ratio of 1.59, a current ratio of 2.44 and a debt-to-equity ratio of 0.73. The company has a fifty day simple moving average of $249.31 and a two-hundred day simple moving average of $230.22. The firm has a market capitalization of $103.47 billion, a P/E ratio of 60.00, a price-to-earnings-growth ratio of 2.06 and a beta of 1.19.

Howmet Aerospace (NYSE:HWM) last released its quarterly earnings data on Thursday, May 7th. The company reported $1.22 EPS for the quarter, beating the consensus estimate of $1.11 by $0.11. Howmet Aerospace had a net margin of 20.23% and a return on equity of 29.27%. The business had revenue of $2.31 billion during the quarter, compared to analyst estimates of $2.24 billion. During the same quarter last year, the business earned $0.86 earnings per share. Howmet Aerospace’s quarterly revenue was up 19.1% compared to the same quarter last year. Howmet Aerospace has set its FY 2026 guidance at 4.880-5.000 EPS and its Q2 2026 guidance at 1.220-1.240 EPS. Analysts anticipate that Howmet Aerospace Inc. will post 5.04 earnings per share for the current fiscal year.

Howmet Aerospace Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, May 26th. Stockholders of record on Friday, May 8th were issued a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Friday, May 8th. Howmet Aerospace’s dividend payout ratio (DPR) is 11.14%.

Insider Activity

In other news, EVP Neil Edward Marchuk sold 41,932 shares of the firm’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $269.50, for a total value of $11,300,674.00. Following the completion of the sale, the executive vice president owned 65,105 shares in the company, valued at approximately $17,545,797.50. This trade represents a 39.18% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.85% of the company’s stock.

Howmet Aerospace 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.