Howmet Aerospace Inc. $HWM Shares Sold by Gamco Investors INC. ET AL

Gamco Investors INC. ET AL cut its position in Howmet Aerospace Inc. (NYSE:HWM) by 4.4% in the 3rd quarter, Holdings Channel.com reports. The firm owned 55,043 shares of the company’s stock after selling 2,539 shares during the quarter. Gamco Investors INC. ET AL’s holdings in Howmet Aerospace were worth $10,801,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in HWM. Norges Bank purchased a new stake in Howmet Aerospace during the 2nd quarter worth $1,633,157,000. JPMorgan Chase & Co. boosted its position in Howmet Aerospace by 30.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 31,806,624 shares of the company’s stock valued at $5,920,181,000 after buying an additional 7,356,077 shares during the last quarter. American Century Companies Inc. boosted its position in Howmet Aerospace by 51.8% in the 2nd quarter. American Century Companies Inc. now owns 3,635,999 shares of the company’s stock valued at $676,769,000 after buying an additional 1,240,071 shares during the last quarter. Westfield Capital Management Co. LP grew its stake in shares of Howmet Aerospace by 68.8% during the second quarter. Westfield Capital Management Co. LP now owns 1,915,955 shares of the company’s stock valued at $356,617,000 after acquiring an additional 780,896 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in shares of Howmet Aerospace by 7.0% during the second quarter. Geode Capital Management LLC now owns 10,938,815 shares of the company’s stock worth $2,032,221,000 after acquiring an additional 719,888 shares during the last quarter. 90.46% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. BTIG Research boosted their price target on Howmet Aerospace from $240.00 to $275.00 and gave the stock a “buy” rating in a research note on Wednesday, February 18th. 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. Royal Bank Of Canada restated an “outperform” rating and set a $275.00 price objective on shares of Howmet Aerospace in a report on Friday, February 13th. Citigroup upped their target price on Howmet Aerospace from $255.00 to $283.00 and gave the company a “buy” rating in a research report on Tuesday, February 17th. Finally, Jefferies Financial Group reiterated a “buy” rating and set a $315.00 target price on shares of Howmet Aerospace in a research note on Sunday, February 15th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, Howmet Aerospace has an average rating of “Moderate Buy” and a consensus price target of $252.95.

Insider Activity at Howmet Aerospace

In related news, EVP Neil Edward Marchuk sold 45,150 shares of the firm’s stock in a transaction on 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 transaction, the executive vice president directly owned 107,008 shares in the company, valued at $26,933,913.60. This trade represents a 29.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Barbara Lou Shultz sold 1,000 shares of the firm’s stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $260.00, for a total value of $260,000.00. Following the transaction, the vice president owned 23,874 shares in the company, valued at $6,207,240. This trade represents a 4.02% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.04% of the stock is currently owned by company insiders.

Howmet Aerospace Stock Performance

Shares of Howmet Aerospace stock opened at $250.10 on Friday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.09 and a current ratio of 2.13. Howmet Aerospace Inc. has a 1 year low of $105.04 and a 1 year high of $267.31. The firm’s 50-day simple moving average is $229.24 and its 200-day simple moving average is $206.08. The firm has a market cap of $100.28 billion, a PE ratio of 67.41, a price-to-earnings-growth ratio of 2.32 and a beta of 1.21.

Howmet Aerospace (NYSE:HWM) last posted its quarterly earnings results on Thursday, February 12th. The company reported $1.05 EPS for the quarter, topping analysts’ consensus estimates of $0.97 by $0.08. The business had revenue of $2.17 billion during the quarter, compared to the consensus estimate of $2.12 billion. Howmet Aerospace had a return on equity of 30.41% and a net margin of 18.27%.The company’s revenue for the quarter was up 14.6% compared to the same quarter last year. During the same period last year, the firm earned $0.77 earnings per share. 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. Equities analysts forecast that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Dividend Announcement

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

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.