Commonwealth of Pennsylvania Public School Empls Retrmt SYS Sells 3,283 Shares of Howmet Aerospace Inc. $HWM

Commonwealth of Pennsylvania Public School Empls Retrmt SYS cut its position in Howmet Aerospace Inc. (NYSE:HWM) by 3.4% in the 4th quarter, HoldingsChannel.com reports. The firm owned 93,522 shares of the company’s stock after selling 3,283 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Howmet Aerospace were worth $19,174,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Catalyst Capital Advisors LLC lifted its position in shares of Howmet Aerospace by 2.1% during the 4th quarter. Catalyst Capital Advisors LLC now owns 3,453 shares of the company’s stock valued at $708,000 after acquiring an additional 71 shares during the period. Norges Bank bought a new stake in shares of Howmet Aerospace during the 4th quarter valued at $1,793,698,000. Eurizon Capital SGR S.p.A. bought a new stake in shares of Howmet Aerospace during the 4th quarter valued at $7,453,000. Fideuram Asset Management Ireland dac bought a new stake in shares of Howmet Aerospace during the 4th quarter valued at $1,173,000. Finally, Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. bought a new stake in shares of Howmet Aerospace during the 4th quarter valued at $384,000. 90.46% of the stock is currently owned by institutional investors.

Howmet Aerospace Price Performance

Howmet Aerospace stock opened at $258.61 on Monday. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.59 and a current ratio of 2.44. Howmet Aerospace Inc. has a 52 week low of $165.51 and a 52 week high of $280.74. The stock has a market capitalization of $103.47 billion, a P/E ratio of 60.00, a price-to-earnings-growth ratio of 2.04 and a beta of 1.19. The stock has a fifty day moving average of $249.31 and a 200-day moving average of $230.37.

Howmet Aerospace (NYSE:HWM) last posted its quarterly earnings results on Thursday, May 7th. The company reported $1.22 EPS for the quarter, topping analysts’ consensus estimates of $1.11 by $0.11. Howmet Aerospace had a return on equity of 29.27% and a net margin of 20.23%.The company had revenue of $2.31 billion during the quarter, compared to analysts’ expectations of $2.24 billion. During the same quarter in the previous year, the firm earned $0.86 EPS. Howmet Aerospace’s revenue was up 19.1% on a year-over-year basis. 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. On average, sell-side analysts expect that Howmet Aerospace Inc. will post 5.04 earnings per share for the current fiscal year.

Howmet Aerospace Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, May 26th. Stockholders of record on Friday, May 8th were issued a dividend of $0.12 per share. The ex-dividend date of this dividend was Friday, May 8th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.2%. Howmet Aerospace’s payout ratio is 11.14%.

Insider Activity at Howmet Aerospace

In other news, EVP Neil Edward Marchuk sold 41,932 shares of the business’s stock in a transaction on Monday, May 11th. The stock was sold at an average price of $269.50, for a total transaction of $11,300,674.00. Following the completion of the transaction, the executive vice president owned 65,105 shares of the company’s stock, valued at approximately $17,545,797.50. The trade was a 39.18% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.85% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on HWM shares. BNP Paribas Exane reiterated an “outperform” rating and set a $340.00 target price (up from $265.00) on shares of Howmet Aerospace in a research report on Friday, May 8th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $320.00 target price on shares of Howmet Aerospace in a research report on Friday, May 8th. BTIG Research upped their target price on Howmet Aerospace from $275.00 to $300.00 and gave the company a “buy” rating in a research report on Friday, May 8th. JPMorgan Chase & Co. upped their target price on Howmet Aerospace from $265.00 to $310.00 and gave the company an “overweight” rating in a research report on Monday, May 11th. Finally, Citigroup upped their target price on Howmet Aerospace from $271.00 to $303.00 and gave the company a “buy” rating in a research report on Monday, May 18th. Eighteen investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $285.53.

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.