Banque Transatlantique SA Increases Stock Holdings in Howmet Aerospace Inc. $HWM

Banque Transatlantique SA grew its stake in Howmet Aerospace Inc. (NYSE:HWM) by 25.6% during the fourth quarter, HoldingsChannel reports. The firm owned 178,434 shares of the company’s stock after purchasing an additional 36,406 shares during the quarter. Howmet Aerospace comprises approximately 0.9% of Banque Transatlantique SA’s portfolio, making the stock its 24th biggest holding. Banque Transatlantique SA’s holdings in Howmet Aerospace were worth $36,699,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the stock. Kera Capital Partners Inc. lifted its holdings in shares of Howmet Aerospace by 39.9% during the fourth quarter. Kera Capital Partners Inc. now owns 2,040 shares of the company’s stock worth $424,000 after purchasing an additional 582 shares during the period. MV Capital Management Inc. acquired a new position in Howmet Aerospace in the 4th quarter valued at $33,000. McLaughlin Asset Management Inc. acquired a new position in Howmet Aerospace in the 4th quarter valued at $1,730,000. Mcguire Capital Advisors Inc. acquired a new position in Howmet Aerospace in the 4th quarter valued at $28,000. Finally, Compound Planning Inc. raised its position in Howmet Aerospace by 2.3% during the 4th quarter. Compound Planning Inc. now owns 8,013 shares of the company’s stock worth $1,643,000 after buying an additional 181 shares during the last quarter. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Insider Activity at Howmet Aerospace

In related news, EVP Neil Edward Marchuk sold 41,932 shares of Howmet Aerospace 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 completion of the transaction, the executive vice president directly owned 65,105 shares of the company’s stock, valued at approximately $17,545,797.50. The trade was a 39.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. 0.85% of the stock is owned by company insiders.

Analyst Ratings Changes

HWM has been the subject of several recent analyst reports. Susquehanna raised their target price on shares of Howmet Aerospace from $300.00 to $330.00 and gave the stock a “positive” rating in a research note on Friday, May 8th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $320.00 price target on shares of Howmet Aerospace in a research note on Friday, May 8th. Wells Fargo & Company began coverage on shares of Howmet Aerospace in a report on Wednesday, April 1st. They set an “equal weight” rating and a $240.00 price target for the company. Bank of America raised their price objective on shares of Howmet Aerospace from $250.00 to $300.00 and gave the company a “buy” rating in a research report on Friday, February 20th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a $320.00 price objective on shares of Howmet Aerospace in a report on Sunday, May 10th. Eighteen analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, Howmet Aerospace has a consensus rating of “Moderate Buy” and an average target price of $287.53.

Howmet Aerospace Stock Performance

Shares of HWM opened at $278.25 on Friday. The company has a quick ratio of 1.59, a current ratio of 2.44 and a debt-to-equity ratio of 0.73. Howmet Aerospace Inc. has a 52-week low of $169.06 and a 52-week high of $290.63. The company has a 50-day simple moving average of $256.91 and a 200-day simple moving average of $236.09. The company has a market capitalization of $111.33 billion, a PE ratio of 64.56, a P/E/G ratio of 2.24 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, topping analysts’ consensus estimates of $1.11 by $0.11. Howmet Aerospace had a net margin of 20.23% and a return on equity of 29.27%. The firm had revenue of $2.31 billion for the quarter, compared to the consensus estimate of $2.24 billion. During the same quarter in the previous year, the firm earned $0.86 earnings per share. The firm’s revenue was up 19.1% on a year-over-year basis. 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 research analysts predict that Howmet Aerospace Inc. will post 5.04 earnings per share for the current fiscal year.

Howmet Aerospace Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, May 26th. Stockholders of record on Friday, May 8th were given 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 was Friday, May 8th. Howmet Aerospace’s dividend payout ratio (DPR) is presently 11.14%.

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.