Burney Co. Decreases Holdings in Howmet Aerospace Inc. $HWM

Burney Co. lowered its stake in shares of Howmet Aerospace Inc. (NYSE:HWM) by 19.0% in the first quarter, Holdings Channel reports. The firm owned 49,724 shares of the company’s stock after selling 11,692 shares during the period. Burney Co.’s holdings in Howmet Aerospace were worth $11,459,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of HWM. Silverleafe Capital Partners LLC lifted its stake in shares of Howmet Aerospace by 339.3% in the fourth quarter. Silverleafe Capital Partners LLC now owns 5,847 shares of the company’s stock worth $1,199,000 after buying an additional 4,516 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH raised its holdings in Howmet Aerospace by 8.2% in the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 475,814 shares of the company’s stock valued at $96,916,000 after acquiring an additional 36,195 shares during the last quarter. M&T Bank Corp lifted its stake in Howmet Aerospace by 75.0% in the 4th quarter. M&T Bank Corp now owns 42,975 shares of the company’s stock worth $8,810,000 after purchasing an additional 18,417 shares in the last quarter. MUFG Securities EMEA plc lifted its stake in Howmet Aerospace by 752.6% in the 4th quarter. MUFG Securities EMEA plc now owns 65,783 shares of the company’s stock worth $13,487,000 after purchasing an additional 58,067 shares in the last quarter. Finally, Asset Management One Co. Ltd. boosted its holdings in shares of Howmet Aerospace by 4.0% during the 4th quarter. Asset Management One Co. Ltd. now owns 194,734 shares of the company’s stock worth $40,777,000 after purchasing an additional 7,508 shares during the last quarter. 90.46% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on HWM. Truist Financial set a $280.00 price target on Howmet Aerospace in a research report on Wednesday, March 11th. Royal Bank Of Canada boosted their price objective on Howmet Aerospace from $275.00 to $300.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 11th. KeyCorp started coverage on Howmet Aerospace in a report on Wednesday, March 25th. They issued a “sector weight” rating for the company. Wall Street Zen cut shares of Howmet Aerospace from a “strong-buy” rating to a “buy” rating in a research report on Sunday. Finally, UBS Group lifted their target price 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. Eighteen investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $287.95.

Insider Activity

In other news, EVP Neil Edward Marchuk sold 41,932 shares of the stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $269.50, for a total transaction of $11,300,674.00. Following the sale, the executive vice president owned 65,105 shares of the company’s stock, valued at approximately $17,545,797.50. This 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 can be accessed through the SEC website. Corporate insiders own 0.85% of the company’s stock.

Howmet Aerospace Stock Up 2.8%

NYSE:HWM opened at $278.06 on Tuesday. Howmet Aerospace Inc. has a 52 week low of $169.45 and a 52 week high of $290.63. The stock’s fifty day moving average is $261.39 and its two-hundred day moving average is $242.09. The stock has a market capitalization of $111.26 billion, a price-to-earnings ratio of 71.73, a price-to-earnings-growth ratio of 2.14 and a beta of 1.19. 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 (NYSE:HWM) last posted its quarterly earnings data on Thursday, May 7th. The company reported $1.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.11 by $0.11. Howmet Aerospace had a return on equity of 29.27% and a net margin of 20.23%.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 business earned $0.86 EPS. The company’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. Research analysts anticipate that Howmet Aerospace Inc. will post 5.05 EPS for the current year.

Howmet Aerospace Announces Dividend

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