Atria Investments Inc boosted its position in shares of Howmet Aerospace Inc. (NYSE:HWM – Free Report) by 19.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 22,821 shares of the company’s stock after buying an additional 3,712 shares during the quarter. Atria Investments Inc’s holdings in Howmet Aerospace were worth $4,679,000 as of its most recent SEC filing.
A number of other large investors also recently made changes to their positions in the stock. Vanguard Group Inc. lifted its stake 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 purchasing an additional 664,595 shares during the period. State Street Corp lifted its stake 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 purchasing an additional 278,587 shares during the period. Bank of America Corp DE lifted its stake 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 purchasing an additional 255,419 shares during the period. Invesco Ltd. lifted its stake in shares of Howmet Aerospace by 12.2% in the 3rd quarter. Invesco Ltd. now owns 7,367,438 shares of the company’s stock valued at $1,445,712,000 after purchasing an additional 801,093 shares during the period. Finally, Ameriprise Financial Inc. lifted its stake in shares of Howmet Aerospace by 4.3% in the 3rd quarter. Ameriprise Financial Inc. now owns 3,595,587 shares of the company’s stock valued at $705,565,000 after purchasing an additional 147,523 shares during the period. Institutional investors and hedge funds own 90.46% of the company’s stock.
Analyst Upgrades and Downgrades
A number of research analysts have recently weighed in on the company. The Goldman Sachs Group set a $228.00 price target on Howmet Aerospace in a research note on Tuesday, February 17th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $320.00 price objective on shares of Howmet Aerospace in a research note on Friday, May 8th. Wells Fargo & Company initiated coverage on Howmet Aerospace in a research note on Wednesday, April 1st. They set an “equal weight” rating and a $240.00 price objective on the stock. BNP Paribas Exane reaffirmed an “outperform” rating and set a $340.00 price objective (up from $265.00) on shares of Howmet Aerospace in a research note on Friday, May 8th. Finally, Citigroup dropped their price objective on Howmet Aerospace from $283.00 to $271.00 and set a “buy” rating on the stock in a research note on Thursday, April 2nd. Eighteen analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, Howmet Aerospace presently has an average rating of “Moderate Buy” and an average target price of $283.84.
Howmet Aerospace Price Performance
HWM stock opened at $260.45 on Friday. The stock has a 50-day moving average price of $246.96 and a two-hundred day moving average price of $226.47. The stock has a market cap of $104.21 billion, a PE ratio of 60.43, a price-to-earnings-growth ratio of 2.07 and a beta of 1.19. The company has a current ratio of 2.44, a quick ratio of 1.59 and a debt-to-equity ratio of 0.73. Howmet Aerospace Inc. has a 1 year low of $160.01 and a 1 year high of $280.74.
Howmet Aerospace (NYSE:HWM – Get Free Report) last released its earnings results on Thursday, May 7th. The company reported $1.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.11 by $0.11. The firm had revenue of $2.31 billion during the quarter, compared to analysts’ expectations of $2.24 billion. Howmet Aerospace had a return on equity of 29.27% and a net margin of 20.23%.The company’s revenue was up 19.1% on a year-over-year basis. During the same quarter in the prior year, the company 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. Equities analysts forecast that Howmet Aerospace Inc. will post 5.02 EPS for the current fiscal year.
Howmet Aerospace Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 26th. Shareholders of record on Friday, May 8th will be issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Friday, May 8th. Howmet Aerospace’s dividend payout ratio is 11.14%.
Insider Transactions at Howmet Aerospace
In other Howmet Aerospace news, VP Barbara Lou Shultz sold 1,000 shares of the stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $260.00, for a total transaction of $260,000.00. Following the completion of the transaction, the vice president owned 23,874 shares in the company, valued at approximately $6,207,240. This represents a 4.02% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Neil Edward Marchuk sold 45,150 shares of the stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $251.70, for a total value of $11,364,255.00. Following the transaction, the executive vice president owned 107,008 shares of the company’s stock, valued at approximately $26,933,913.60. This trade represents a 29.67% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 88,082 shares of company stock valued at $22,924,929. Corporate insiders own 0.85% of the company’s stock.
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.
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