Howmet Aerospace Inc. $HWM Shares Sold by Janus Henderson Group PLC

Janus Henderson Group PLC lowered its stake in shares of Howmet Aerospace Inc. (NYSE:HWM) by 2.4% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,755,645 shares of the company’s stock after selling 194,603 shares during the period. Howmet Aerospace comprises 0.8% of Janus Henderson Group PLC’s portfolio, making the stock its 18th largest holding. Janus Henderson Group PLC’s holdings in Howmet Aerospace were worth $1,769,707,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Newbridge Financial Services Group Inc. lifted its position 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 valued at $25,000 after acquiring an additional 73 shares during the period. Acumen Wealth Advisors LLC acquired a new stake in shares of Howmet Aerospace in the 4th quarter worth approximately $25,000. Sound Income Strategies LLC grew its holdings in shares of Howmet Aerospace by 66.7% in the 4th quarter. Sound Income Strategies LLC now owns 125 shares of the company’s stock worth $28,000 after acquiring an additional 50 shares during the period. Cornerstone Financial Management LLC acquired a new stake in shares of Howmet Aerospace in the 4th quarter worth approximately $28,000. Finally, Vermillion & White Wealth Management Group LLC increased its stake in Howmet Aerospace by 65.1% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 137 shares of the company’s stock valued at $28,000 after purchasing an additional 54 shares in the last quarter. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

HWM has been the topic of a number of research analyst reports. Wells Fargo & Company assumed coverage on Howmet Aerospace in a research report on Wednesday, April 1st. They set an “equal weight” rating and a $240.00 target price on the stock. Citigroup raised their price target on Howmet Aerospace from $303.00 to $311.00 and gave the company a “buy” rating in a research report on Wednesday, July 1st. JPMorgan Chase & Co. lifted their price target on Howmet Aerospace from $265.00 to $310.00 and gave the stock an “overweight” rating in a research note on Monday, May 11th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $318.00 price objective on shares of Howmet Aerospace in a research report on Tuesday, June 16th. Finally, Jefferies Financial Group increased their price objective on shares of Howmet Aerospace from $320.00 to $340.00 and gave the company a “buy” rating in a research note on Thursday, July 9th. Eighteen analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, Howmet Aerospace has an average rating of “Moderate Buy” and a consensus price target of $294.53.

Insider Buying and Selling

In related news, EVP Neil Edward Marchuk sold 41,932 shares of Howmet Aerospace stock in a transaction dated 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 owned 65,105 shares in the company, valued at approximately $17,545,797.50. This trade represents a 39.18% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.85% of the company’s stock.

Howmet Aerospace Price Performance

HWM stock opened at $273.35 on Thursday. Howmet Aerospace Inc. has a 1 year low of $169.45 and a 1 year high of $295.28. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.59 and a current ratio of 2.44. The stock’s 50 day moving average price is $269.06 and its 200 day moving average price is $251.02. The firm has a market cap of $109.37 billion, a P/E ratio of 63.42, a PEG ratio of 2.25 and a beta of 1.19.

Howmet Aerospace (NYSE:HWM) last announced its earnings results on Thursday, May 7th. The company reported $1.22 EPS for the quarter, beating analysts’ consensus estimates of $1.11 by $0.11. The firm had revenue of $2.31 billion for 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%.Howmet Aerospace’s quarterly revenue was up 19.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $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. On average, sell-side analysts expect that Howmet Aerospace Inc. will post 5.05 earnings per share for the current fiscal year.

Howmet Aerospace Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 25th. Investors of record on Friday, August 7th will be paid a dividend of $0.14 per share. The ex-dividend date of this dividend is Friday, August 7th. This is an increase from Howmet Aerospace’s previous quarterly dividend of $0.12. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.2%. Howmet Aerospace’s dividend payout ratio is 11.14%.

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.