Commonwealth of Pennsylvania Public School Empls Retrmt SYS Has $19.17 Million Stock Holdings in Howmet Aerospace Inc. $HWM

Commonwealth of Pennsylvania Public School Empls Retrmt SYS lessened its position in Howmet Aerospace Inc. (NYSE:HWMFree Report) by 3.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 93,522 shares of the company’s stock after selling 3,283 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Howmet Aerospace were worth $19,174,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently made changes to their positions in HWM. Norges Bank acquired a new position in shares of Howmet Aerospace during the 4th quarter worth approximately $1,793,698,000. Invesco Ltd. increased its position in shares of Howmet Aerospace by 12.2% during the 3rd quarter. Invesco Ltd. now owns 7,367,438 shares of the company’s stock worth $1,445,712,000 after purchasing an additional 801,093 shares during the last quarter. Vanguard Group Inc. increased its position 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 worth $9,642,740,000 after purchasing an additional 664,595 shares during the last quarter. Franklin Resources Inc. increased its position in shares of Howmet Aerospace by 116.7% during the 3rd quarter. Franklin Resources Inc. now owns 917,241 shares of the company’s stock worth $179,990,000 after purchasing an additional 493,872 shares during the last quarter. Finally, Danske Bank A S acquired a new position in shares of Howmet Aerospace during the 3rd quarter worth approximately $89,254,000. Institutional investors and hedge funds own 90.46% of the company’s stock.

Analyst Ratings Changes

Several research analysts have weighed in on HWM shares. UBS Group boosted their price target on Howmet Aerospace from $260.00 to $290.00 and gave the stock a “neutral” rating in a research report on Friday, May 8th. Jefferies Financial Group reaffirmed a “buy” rating and set a $320.00 price target on shares of Howmet Aerospace in a research report on Sunday, May 10th. Wolfe Research set a $270.00 price target on Howmet Aerospace and gave the stock an “outperform” rating in a research report on Wednesday, March 11th. BNP Paribas Exane reaffirmed an “outperform” rating and set a $340.00 price target (up from $265.00) on shares of Howmet Aerospace in a research report on Friday, May 8th. Finally, Royal Bank Of Canada boosted their target price on Howmet Aerospace from $275.00 to $300.00 and gave the stock an “outperform” rating in a report on Wednesday, March 11th. Eighteen equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, Howmet Aerospace presently has an average rating of “Moderate Buy” and an average target price of $285.53.

Get Our Latest Stock Report on HWM

Insider Transactions at Howmet Aerospace

In related news, EVP Neil Edward Marchuk sold 41,932 shares of the business’s stock in a transaction on Monday, May 11th. The stock was 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 directly owned 65,105 shares in the company, valued at $17,545,797.50. The trade was a 39.18% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.85% of the stock is owned by company insiders.

Howmet Aerospace Stock Up 0.1%

HWM stock opened at $258.61 on Monday. The company has a current ratio of 2.44, a quick ratio of 1.59 and a debt-to-equity ratio of 0.73. The firm has a market capitalization of $103.47 billion, a PE ratio of 60.00, a PEG ratio of 2.04 and a beta of 1.19. Howmet Aerospace Inc. has a 1-year low of $165.51 and a 1-year high of $280.74. The business’s 50 day simple moving average is $249.31 and its 200 day simple moving average is $230.37.

Howmet Aerospace (NYSE:HWMGet Free Report) last posted its earnings results on Thursday, May 7th. The company reported $1.22 earnings per share for the quarter, topping analysts’ consensus estimates of $1.11 by $0.11. The business had revenue of $2.31 billion for the quarter, compared to analyst estimates of $2.24 billion. Howmet Aerospace had a return on equity of 29.27% and a net margin of 20.23%.The firm’s revenue was up 19.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.86 EPS. 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. As a group, research analysts anticipate that Howmet Aerospace Inc. will post 5.04 EPS for the current year.

Howmet Aerospace Dividend Announcement

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

Howmet Aerospace Company 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.

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

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