Fjarde AP Fonden Fourth Swedish National Pension Fund Reduces Stock Position in Howmet Aerospace Inc. $HWM

Fjarde AP Fonden Fourth Swedish National Pension Fund cut its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM) by 4.0% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 79,453 shares of the company’s stock after selling 3,300 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Howmet Aerospace were worth $16,289,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. increased its holdings in shares of Howmet Aerospace by 1.4% in the 3rd quarter. Vanguard Group Inc. now owns 49,139,989 shares of the company’s stock valued at $9,642,740,000 after acquiring 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 3rd quarter. State Street Corp now owns 17,964,662 shares of the company’s stock valued at $3,525,206,000 after acquiring an additional 278,587 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of Howmet Aerospace by 2.0% in the 4th quarter. Geode Capital Management LLC now owns 11,307,538 shares of the company’s stock valued at $2,316,277,000 after acquiring an additional 221,775 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of Howmet Aerospace by 2.4% in the 3rd quarter. Bank of America Corp DE now owns 10,877,771 shares of the company’s stock valued at $2,134,545,000 after acquiring an additional 255,419 shares during the last quarter. Finally, Norges Bank bought a new stake in shares of Howmet Aerospace in the 4th quarter valued at approximately $1,793,698,000. 90.46% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have recently weighed in on HWM. Wolfe Research set a $270.00 price target on Howmet Aerospace and gave the company an “outperform” rating in a report on Wednesday, March 11th. Sanford C. Bernstein restated an “outperform” rating and set a $280.00 price objective on shares of Howmet Aerospace in a research note on Tuesday, February 17th. BTIG Research raised their target price on Howmet Aerospace from $275.00 to $300.00 and gave the company a “buy” rating in a research note on Friday, May 8th. UBS Group boosted their price target on shares of Howmet Aerospace from $260.00 to $290.00 and gave the company a “neutral” rating in a report on Friday, May 8th. Finally, Royal Bank Of Canada boosted their price target on shares of Howmet Aerospace from $275.00 to $300.00 and gave the company an “outperform” rating in a report on Wednesday, March 11th. Eighteen analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $285.53.

Howmet Aerospace Price Performance

Shares of HWM opened at $252.01 on Friday. The firm has a market capitalization of $100.83 billion, a price-to-earnings ratio of 58.47, a price-to-earnings-growth ratio of 1.99 and a beta of 1.19. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.59 and a current ratio of 2.44. Howmet Aerospace Inc. has a one year low of $165.51 and a one year high of $280.74. The stock’s fifty day moving average is $250.83 and its 200-day moving average is $231.82.

Howmet Aerospace (NYSE:HWM) last issued its quarterly earnings results on Thursday, May 7th. The company reported $1.22 EPS for the quarter, beating analysts’ consensus estimates of $1.11 by $0.11. The company 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 company’s quarterly revenue was up 19.1% compared to the same quarter last year. During the same period last year, the company earned $0.86 earnings per share. 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. Equities analysts anticipate that Howmet Aerospace Inc. will post 5.04 EPS for the current year.

Howmet Aerospace Announces Dividend

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

Insider Activity at Howmet Aerospace

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