Vestcor Inc Boosts Stock Position in Howmet Aerospace Inc. $HWM

Vestcor Inc grew its position in Howmet Aerospace Inc. (NYSE:HWM) by 21.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 11,477 shares of the company’s stock after buying an additional 2,029 shares during the quarter. Vestcor Inc’s holdings in Howmet Aerospace were worth $2,353,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the stock. MCF Advisors LLC increased its position in Howmet Aerospace by 1,500.0% during the 4th quarter. MCF Advisors LLC now owns 304 shares of the company’s stock valued at $62,000 after buying an additional 285 shares in the last quarter. Pinebridge Investments LLC acquired a new position in shares of Howmet Aerospace in the fourth quarter valued at about $29,555,000. PBU The Pension Fund of Early Childhood & Youth Educators acquired a new position in shares of Howmet Aerospace in the fourth quarter valued at about $1,741,000. Parallel Advisors LLC increased its holdings in shares of Howmet Aerospace by 3.3% in the fourth quarter. Parallel Advisors LLC now owns 3,237 shares of the company’s stock valued at $664,000 after purchasing an additional 103 shares during the period. Finally, Harvest Fund Management Co. Ltd increased its holdings in shares of Howmet Aerospace by 37.2% in the fourth quarter. Harvest Fund Management Co. Ltd now owns 10,771 shares of the company’s stock valued at $2,208,000 after purchasing an additional 2,921 shares during the period. 90.46% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Howmet Aerospace news, EVP Neil Edward Marchuk sold 41,932 shares of the stock in a transaction that occurred 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 sale, the executive vice president directly owned 65,105 shares of the company’s stock, valued at approximately $17,545,797.50. This trade represents a 39.18% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.85% of the company’s stock.

Howmet Aerospace Trading Up 0.0%

HWM opened at $252.01 on Monday. Howmet Aerospace Inc. has a 12 month low of $165.51 and a 12 month high of $280.74. The stock has a market capitalization of $100.83 billion, a price-to-earnings ratio of 58.47, a PEG ratio of 1.99 and a beta of 1.19. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.44 and a quick ratio of 1.59. The business has a fifty day moving average price of $250.83 and a 200 day moving average price of $232.04.

Howmet Aerospace (NYSE:HWM) last released its quarterly earnings data on Thursday, May 7th. The company reported $1.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.11 by $0.11. The business 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 business’s quarterly revenue was up 19.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $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. Sell-side analysts expect that Howmet Aerospace Inc. will post 5.04 earnings per share for the current fiscal year.

Howmet Aerospace Dividend Announcement

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

Analyst Upgrades and Downgrades

HWM has been the topic of several research analyst reports. Sanford C. Bernstein reissued an “outperform” rating and issued a $280.00 price objective on shares of Howmet Aerospace in a report on Tuesday, February 17th. UBS Group raised their target price on Howmet Aerospace from $260.00 to $290.00 and gave the company a “neutral” rating in a research report on Friday, May 8th. Jefferies Financial Group restated a “buy” rating and issued a $320.00 target price on shares of Howmet Aerospace in a research report on Sunday, May 10th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $320.00 target price on shares of Howmet Aerospace in a research report on Friday, May 8th. Finally, Truist Financial set a $280.00 target price on Howmet Aerospace in a research report on Wednesday, March 11th. Eighteen analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $285.53.

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.