Schroder Investment Management Group decreased its position in shares of Howmet Aerospace Inc. (NYSE:HWM – Free Report) by 19.8% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,047,681 shares of the company’s stock after selling 752,240 shares during the quarter. Schroder Investment Management Group owned 0.76% of Howmet Aerospace worth $584,911,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds also recently added to or reduced their stakes in the company. Traub Capital Management LLC purchased a new stake in Howmet Aerospace during the 2nd quarter valued at $25,000. Winnow Wealth LLC bought a new position in shares of Howmet Aerospace during the second quarter valued at $25,000. Newbridge Financial Services Group Inc. boosted its position in shares of Howmet Aerospace by 119.7% during the second quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock valued at $25,000 after buying an additional 73 shares during the last quarter. Tradewinds Capital Management LLC boosted its position in shares of Howmet Aerospace by 52.0% during the third 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 bought a new stake in Howmet Aerospace in the 2nd quarter worth about $32,000. 90.46% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
A number of equities analysts have weighed in on the company. UBS Group boosted their target price on Howmet Aerospace from $228.00 to $260.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 17th. BTIG Research boosted their price objective on shares of Howmet Aerospace from $240.00 to $275.00 and gave the company a “buy” rating in a report on Wednesday, February 18th. Deutsche Bank Aktiengesellschaft set a $278.00 price objective on shares of Howmet Aerospace and gave the company a “buy” rating in a research report on Friday, February 13th. JPMorgan Chase & Co. raised their target price 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, The Goldman Sachs Group set a $228.00 target price on shares of Howmet Aerospace in a research report on Tuesday, February 17th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $252.95.
Howmet Aerospace Price Performance
Shares of NYSE:HWM opened at $250.10 on Monday. The company has a quick ratio of 1.09, a current ratio of 2.13 and a debt-to-equity ratio of 0.53. The stock has a market capitalization 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. The firm’s 50 day moving average price is $229.24 and its 200-day moving average price is $206.32. Howmet Aerospace Inc. has a twelve month low of $105.04 and a twelve month high of $267.31.
Howmet Aerospace (NYSE:HWM – Get Free Report) last announced its earnings results on Thursday, February 12th. The company reported $1.05 EPS for the quarter, beating analysts’ consensus estimates of $0.97 by $0.08. Howmet Aerospace had a net margin of 18.27% and a return on equity of 30.41%. The business had revenue of $2.17 billion during the quarter, compared to analysts’ expectations of $2.12 billion. During the same period in the prior year, the company earned $0.77 earnings per share. The firm’s revenue was up 14.6% on a year-over-year basis. 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 research analysts expect that Howmet Aerospace Inc. will post 3.27 EPS for the current year.
Howmet Aerospace Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 25th. Stockholders of record on Friday, February 6th were given a dividend of $0.12 per share. 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, February 6th. Howmet Aerospace’s payout ratio is presently 12.94%.
Insider Buying and Selling
In other Howmet Aerospace news, EVP Neil Edward Marchuk sold 45,150 shares of Howmet Aerospace stock in a transaction that occurred 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 transaction, the executive vice president owned 107,008 shares of the company’s stock, valued at $26,933,913.60. The trade was a 29.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Barbara Lou Shultz sold 1,000 shares of the company’s stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $260.00, for a total transaction of $260,000.00. Following the completion of the transaction, the vice president owned 23,874 shares of the company’s stock, 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. Insiders own 1.04% of the company’s stock.
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.
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