Picton Mahoney Asset Management Has $28.84 Million Stock Holdings in Howmet Aerospace Inc. $HWM

Picton Mahoney Asset Management reduced its position in shares of Howmet Aerospace Inc. (NYSE:HWM) by 17.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 146,977 shares of the company’s stock after selling 31,943 shares during the period. Picton Mahoney Asset Management’s holdings in Howmet Aerospace were worth $28,840,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Traub Capital Management LLC bought a new stake in Howmet Aerospace during the 2nd quarter worth approximately $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. lifted its holdings 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 worth $25,000 after purchasing an additional 73 shares during the period. Tradewinds Capital Management LLC grew its stake in shares of Howmet Aerospace by 52.0% in the third quarter. Tradewinds Capital Management LLC now owns 152 shares of the company’s stock worth $30,000 after purchasing an additional 52 shares during the last quarter. Finally, Atlantic Union Bankshares Corp bought a new stake in shares of Howmet Aerospace in the second quarter worth $32,000. Institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Price Performance

Shares of HWM opened at $258.79 on Wednesday. Howmet Aerospace Inc. has a 52-week low of $105.04 and a 52-week high of $267.31. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.09 and a current ratio of 2.13. The business’s 50 day moving average price is $226.73 and its two-hundred day moving average price is $204.59. The firm has a market cap of $103.76 billion, a PE ratio of 69.75, a price-to-earnings-growth ratio of 2.46 and a beta of 1.21.

Howmet Aerospace (NYSE:HWM) last announced its quarterly earnings data on Thursday, February 12th. The company reported $1.05 EPS for the quarter, topping the consensus estimate of $0.97 by $0.08. Howmet Aerospace had a net margin of 18.27% and a return on equity of 30.41%. The company had revenue of $2.17 billion during the quarter, compared to the consensus estimate of $2.12 billion. During the same quarter last year, the firm posted $0.77 EPS. The company’s quarterly 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. On average, equities analysts anticipate that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 25th. Stockholders of record on Friday, February 6th were issued a dividend of $0.12 per share. The ex-dividend date was Friday, February 6th. This represents a $0.48 annualized dividend and a dividend yield of 0.2%. Howmet Aerospace’s dividend payout ratio is currently 12.94%.

Insider Transactions at Howmet Aerospace

In related news, EVP Neil Edward Marchuk sold 45,150 shares of the company’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $251.70, for a total transaction of $11,364,255.00. Following the transaction, the executive vice president directly owned 107,008 shares of the company’s stock, valued at approximately $26,933,913.60. This represents a 29.67% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Barbara Lou Shultz sold 1,000 shares of the stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $260.00, for a total value of $260,000.00. Following the completion of the transaction, the vice president owned 23,874 shares in the company, valued at approximately $6,207,240. The trade was a 4.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.12% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Jefferies Financial Group reaffirmed a “buy” rating and set a $315.00 target price on shares of Howmet Aerospace in a report on Sunday, February 15th. UBS Group raised their price objective on Howmet Aerospace from $228.00 to $260.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 17th. Susquehanna upped their target price on Howmet Aerospace from $255.00 to $290.00 and gave the company a “positive” rating in a report on Friday, February 13th. BNP Paribas Exane began coverage on shares of Howmet Aerospace in a research report on Tuesday, November 18th. They set an “outperform” rating and a $240.00 target price for the company. Finally, Morgan Stanley restated an “overweight” rating and set a $280.00 price target on shares of Howmet Aerospace in a report on Friday, February 13th. 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’s stock. Based on data from MarketBeat, Howmet Aerospace currently has a consensus rating of “Moderate Buy” and an average price target of $252.95.

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.