Rafferty Asset Management LLC Acquires 4,103 Shares of Howmet Aerospace Inc. $HWM

Rafferty Asset Management LLC lifted its holdings in Howmet Aerospace Inc. (NYSE:HWM) by 4.6% in the third quarter, HoldingsChannel reports. The fund owned 92,430 shares of the company’s stock after buying an additional 4,103 shares during the period. Rafferty Asset Management LLC’s holdings in Howmet Aerospace were worth $18,138,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in HWM. Brighton Jones LLC boosted its position in Howmet Aerospace by 5.4% during the fourth quarter. Brighton Jones LLC now owns 2,548 shares of the company’s stock valued at $279,000 after buying an additional 130 shares during the period. Acadian Asset Management LLC bought a new stake in shares of Howmet Aerospace in the 1st quarter valued at about $399,000. Sivia Capital Partners LLC bought a new stake in shares of Howmet Aerospace in the 2nd quarter valued at about $216,000. Ashton Thomas Private Wealth LLC purchased a new stake in Howmet Aerospace during the 2nd quarter valued at about $261,000. Finally, World Investment Advisors bought a new position in Howmet Aerospace during the 2nd quarter worth approximately $892,000. Institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Price Performance

Shares of NYSE HWM opened at $262.12 on Friday. Howmet Aerospace Inc. has a 1 year low of $105.04 and a 1 year high of $262.63. The stock has a market capitalization of $105.10 billion, a P/E ratio of 70.65, a P/E/G ratio of 2.43 and a beta of 1.26. The company’s 50-day moving average is $224.60 and its 200 day moving average is $203.16. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.13 and a quick ratio of 1.09.

Howmet Aerospace (NYSE:HWM) last issued its quarterly earnings data on Thursday, February 12th. The company reported $1.05 EPS for the quarter, topping the consensus estimate of $0.97 by $0.08. Howmet Aerospace had a net margin of 18.27% and a return on equity of 30.41%. The business had revenue of $2.17 billion during the quarter, compared to analyst estimates of $2.12 billion. During the same period last year, the business posted $0.77 earnings per share. Howmet Aerospace’s quarterly revenue was up 14.6% compared to the same quarter last year. Howmet Aerospace has set its Q1 2026 guidance at 1.090-1.110 EPS and its FY 2026 guidance at 4.350-4.550 EPS. On average, sell-side analysts expect that Howmet Aerospace Inc. will post 3.27 earnings per share for the current year.

Howmet Aerospace Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, February 25th. Investors of record on Friday, February 6th were paid a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Friday, February 6th. Howmet Aerospace’s dividend payout ratio is presently 12.94%.

Insider Buying and Selling at Howmet Aerospace

In other news, VP Barbara Lou Shultz sold 1,000 shares of the business’s stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $260.00, for a total transaction of $260,000.00. Following the sale, the vice president owned 23,874 shares in the company, valued at approximately $6,207,240. The trade was a 4.02% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Neil Edward Marchuk sold 45,150 shares of the company’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $251.70, for a total transaction of $11,364,255.00. Following the completion of the sale, the executive vice president directly owned 107,008 shares in the company, valued at $26,933,913.60. This represents a 29.67% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.04% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

HWM has been the subject of several recent research reports. Sanford C. Bernstein reiterated an “outperform” rating and issued a $280.00 price objective on shares of Howmet Aerospace in a research report on Tuesday, February 17th. BTIG Research lifted their target price on shares of Howmet Aerospace from $240.00 to $275.00 and gave the stock a “buy” rating in a research note on Wednesday, February 18th. The Goldman Sachs Group set a $228.00 price target on shares of Howmet Aerospace in a research report on Tuesday, February 17th. Deutsche Bank Aktiengesellschaft set a $278.00 price target on shares of Howmet Aerospace and gave the stock a “buy” rating in a report on Friday, February 13th. Finally, Susquehanna upped their price objective on shares of Howmet Aerospace from $255.00 to $290.00 and gave the company a “positive” rating in a research note on Friday, February 13th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $252.95.

Howmet Aerospace 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.