124,010 Howmet Aerospace Inc. $HWM Shares Sold by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. trimmed its position in shares of Howmet Aerospace Inc. (NYSE:HWM) by 31.5% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 269,850 shares of the company’s stock after selling 124,010 shares during the period. TD Waterhouse Canada Inc.’s holdings in Howmet Aerospace were worth $61,676,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in HWM. Patriot Financial Group Insurance Agency LLC increased its holdings in Howmet Aerospace by 95.3% in the first quarter. Patriot Financial Group Insurance Agency LLC now owns 24,338 shares of the company’s stock valued at $5,609,000 after buying an additional 11,878 shares during the last quarter. Man Group plc acquired a new stake in Howmet Aerospace in the second quarter valued at $104,566,000. Pictet Asset Management Holding SA lifted its holdings in Howmet Aerospace by 28.6% during the 1st quarter. Pictet Asset Management Holding SA now owns 230,064 shares of the company’s stock worth $52,984,000 after buying an additional 51,169 shares during the last quarter. State Street Corp lifted its holdings in Howmet Aerospace by 3.3% during the 2nd quarter. State Street Corp now owns 18,933,928 shares of the company’s stock worth $5,090,576,000 after buying an additional 612,866 shares during the last quarter. Finally, Moore Capital Management LP purchased a new stake in Howmet Aerospace during the 2nd quarter worth about $6,178,000. 90.46% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have recently commented on HWM. Citigroup reiterated a “buy” rating on shares of Howmet Aerospace in a report on Wednesday, September 30th. Sanford C. Bernstein restated an “outperform” rating and set a $298.00 target price (down from $328.00) on shares of Howmet Aerospace in a research note on Wednesday, October 7th. Zacks Research downgraded Howmet Aerospace from a “strong-buy” rating to a “hold” rating in a report on Friday, October 9th. Royal Bank Of Canada lowered their price target on Howmet Aerospace from $350.00 to $300.00 and set an “outperform” rating for the company in a report on Thursday. Finally, BTIG Research increased their price target on shares of Howmet Aerospace from $300.00 to $340.00 and gave the company a “buy” rating in a research note on Monday, August 10th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $310.29.

Howmet Aerospace Stock Performance

HWM traded up $1.21 on Friday, reaching $220.91. The company had a trading volume of 2,976,393 shares, compared to its average volume of 2,624,281. Howmet Aerospace Inc. has a 1 year low of $187.46 and a 1 year high of $310.00. The stock has a market capitalization of $88.39 billion, a PE ratio of 47.61, a P/E/G ratio of 1.98 and a beta of 1.21. The company has a quick ratio of 0.87, a current ratio of 1.82 and a debt-to-equity ratio of 0.71. The stock has a 50-day moving average price of $245.22 and a 200-day moving average price of $256.84.

Howmet Aerospace (NYSE:HWM) last released its quarterly earnings data on Thursday, August 6th. The company reported $1.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.24 by $0.09. The company had revenue of $2.55 billion during the quarter, compared to the consensus estimate of $2.43 billion. Howmet Aerospace had a net margin of 20.52% and a return on equity of 33.91%. Howmet Aerospace’s revenue for the quarter was up 24.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.91 earnings per share. Howmet Aerospace has set its Q3 2026 guidance at 1.340-1.360 EPS and its FY 2026 guidance at 5.230-5.310 EPS. As a group, research analysts forecast that Howmet Aerospace Inc. will post 5.34 EPS for the current fiscal year.

Howmet Aerospace Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 25th. Shareholders of record on Friday, November 6th will be paid a $0.14 dividend. The ex-dividend date is Friday, November 6th. This represents a $0.56 dividend on an annualized basis and a yield of 0.3%. Howmet Aerospace’s payout ratio is currently 12.07%.

About Howmet Aerospace

Howmet Aerospace Inc (NYSE:HWM) is an aerospace and industrial products company that develops and manufactures advanced engineered components and systems. Its products are used primarily in commercial and defense aircraft, aircraft engines, and other transportation and industrial applications.

The company’s principal businesses include engine products, fastening systems, engineered structures, and forged wheels. Its offerings include forged and cast engine components, airfoils, titanium and nickel-based parts, aerospace structural components, specialized fasteners, and forged aluminum wheels for commercial transportation.