Public Sector Pension Investment Board lifted its stake in shares of Howmet Aerospace Inc. (NYSE:HWM – Free Report) by 13.1% during the third quarter, Holdings Channel reports. The firm owned 37,481 shares of the company’s stock after purchasing an additional 4,341 shares during the quarter. Public Sector Pension Investment Board’s holdings in Howmet Aerospace were worth $7,355,000 at the end of the most recent quarter.
Other large investors have also recently bought and sold shares of the company. Traub Capital Management LLC purchased a new position in Howmet Aerospace during the second quarter valued at approximately $25,000. Winnow Wealth LLC purchased a new position in Howmet Aerospace in the second quarter valued at about $25,000. Newbridge Financial Services Group Inc. raised its stake in shares of Howmet Aerospace by 119.7% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock worth $25,000 after purchasing an additional 73 shares in the last quarter. Tradewinds Capital Management LLC lifted its holdings in shares of Howmet Aerospace by 52.0% during the 3rd quarter. Tradewinds Capital Management LLC now owns 152 shares of the company’s stock valued at $30,000 after buying an additional 52 shares during the last quarter. Finally, Atlantic Union Bankshares Corp acquired a new position in Howmet Aerospace in the second quarter worth approximately $32,000. 90.46% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several research firms have commented on HWM. Weiss Ratings reissued a “buy (b)” rating on shares of Howmet Aerospace in a research report on Thursday, January 22nd. JPMorgan Chase & Co. increased their target price on shares of Howmet Aerospace from $190.00 to $227.00 and gave the stock an “overweight” rating in a research report on Monday, November 10th. Deutsche Bank Aktiengesellschaft set a $278.00 price objective on Howmet Aerospace and gave the company a “buy” rating in a report on Friday. Bank of America increased their target price on Howmet Aerospace from $215.00 to $250.00 and gave the company a “buy” rating in a research note on Friday, November 14th. Finally, iA Financial set a $240.00 price target on Howmet Aerospace in a research report on Monday, November 3rd. One equities research 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. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $246.47.
Howmet Aerospace Trading Up 0.7%
HWM stock opened at $251.96 on Wednesday. The business has a fifty day moving average price of $214.87 and a 200 day moving average price of $199.00. 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 Inc. has a fifty-two week low of $105.04 and a fifty-two week high of $256.70. The stock has a market capitalization of $101.02 billion, a price-to-earnings ratio of 67.91, a P/E/G ratio of 2.36 and a beta of 1.26.
Howmet Aerospace (NYSE:HWM – Get Free Report) last posted its quarterly earnings results on Thursday, February 12th. The company reported $1.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.97 by $0.08. Howmet Aerospace had a return on equity of 30.41% and a net margin of 18.27%.The business had revenue of $2.17 billion for the quarter, compared to analysts’ expectations of $2.12 billion. During the same quarter last year, the business earned $0.77 earnings per share. The firm’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. Analysts expect that Howmet Aerospace Inc. will post 3.27 EPS for the current fiscal year.
Howmet Aerospace Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 25th. Stockholders of record on Friday, February 6th will be given 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 is Friday, February 6th. Howmet Aerospace’s dividend payout ratio (DPR) is 12.94%.
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.
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