Inceptionr LLC trimmed its holdings in Howmet Aerospace Inc. (NYSE:HWM – Free Report) by 59.4% during the 3rd quarter, Holdings Channel.com reports. The firm owned 2,100 shares of the company’s stock after selling 3,076 shares during the period. Inceptionr LLC’s holdings in Howmet Aerospace were worth $412,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in HWM. Vanguard Group Inc. lifted its holdings 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 buying an additional 664,595 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of Howmet Aerospace by 30.1% in the second quarter. JPMorgan Chase & Co. now owns 31,806,624 shares of the company’s stock worth $5,920,181,000 after buying an additional 7,356,077 shares during the last quarter. State Street Corp grew its holdings in Howmet Aerospace by 1.2% during the second quarter. State Street Corp now owns 17,686,075 shares of the company’s stock worth $3,291,909,000 after acquiring an additional 205,424 shares during the period. Geode Capital Management LLC grew its holdings in 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 period. Finally, Norges Bank purchased a new position in Howmet Aerospace during the second quarter valued at approximately $1,633,157,000. 90.46% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling at Howmet Aerospace
In other Howmet Aerospace news, EVP Neil Edward Marchuk sold 45,150 shares of the company’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $251.70, for a total transaction of $11,364,255.00. Following the completion of the transaction, the executive vice president directly owned 107,008 shares in the company, valued at approximately $26,933,913.60. This represents a 29.67% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, VP Barbara Lou Shultz sold 1,000 shares of the 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 transaction, the vice president directly owned 23,874 shares in the company, valued at approximately $6,207,240. The trade was 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 insiders.
Howmet Aerospace Stock Performance
Howmet Aerospace (NYSE:HWM – Get Free Report) last posted its quarterly earnings data on Thursday, February 12th. The company reported $1.05 EPS for the quarter, beating analysts’ consensus estimates of $0.97 by $0.08. The business had revenue of $2.17 billion during the quarter, compared to analysts’ expectations of $2.12 billion. Howmet Aerospace had a return on equity of 30.41% and a net margin of 18.27%.The business’s revenue was up 14.6% compared to the same quarter last year. During the same period in the previous year, the business 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. Analysts expect that Howmet Aerospace Inc. will post 3.27 EPS for the current fiscal year.
Howmet Aerospace Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Wednesday, February 25th. Investors of record on Friday, February 6th were issued 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 payout ratio is presently 12.94%.
Analysts Set New Price Targets
A number of brokerages have issued reports on HWM. Jefferies Financial Group reissued a “buy” rating and issued a $315.00 price target on shares of Howmet Aerospace in a report on Sunday, February 15th. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $280.00 target price on shares of Howmet Aerospace in a report on Tuesday, February 17th. Citigroup boosted their target price on shares of Howmet Aerospace from $255.00 to $283.00 and gave the company a “buy” rating in a research note on Tuesday, February 17th. JPMorgan Chase & Co. increased their price target on shares of Howmet Aerospace from $227.00 to $265.00 and gave the stock an “overweight” rating in a report on Thursday, February 19th. Finally, Royal Bank Of Canada raised their price target on shares of Howmet Aerospace from $275.00 to $300.00 and gave the company an “outperform” rating in a research report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $256.15.
Check Out Our Latest Stock Analysis on Howmet Aerospace
Howmet Aerospace Company 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.
Featured Articles
- Five stocks we like better than Howmet Aerospace
- “This AI Giant is About to Go Bust”
- I tried out Elon Musk’s new AI tech — it floored me
- “I just bought 10,000 shares of a $5 stock…”
- Elon Musk’s $1 Quadrillion AI IPO
- Is Trump Done? Shocking leak…
Want to see what other hedge funds are holding HWM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Howmet Aerospace Inc. (NYSE:HWM – Free Report).
Receive News & Ratings for Howmet Aerospace Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Howmet Aerospace and related companies with MarketBeat.com's FREE daily email newsletter.
