6,085 Shares in Howmet Aerospace Inc. $HWM Bought by Quantbot Technologies LP

Quantbot Technologies LP bought a new position in Howmet Aerospace Inc. (NYSE:HWM) in the third quarter, HoldingsChannel reports. The fund bought 6,085 shares of the company’s stock, valued at approximately $1,194,000.

A number of other hedge funds have also recently made changes to their positions in HWM. Norges Bank acquired a new position in shares of Howmet Aerospace in the second quarter valued at approximately $1,633,157,000. JPMorgan Chase & Co. grew its holdings in Howmet Aerospace by 30.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 31,806,624 shares of the company’s stock worth $5,920,181,000 after acquiring an additional 7,356,077 shares during the last quarter. American Century Companies Inc. grew its holdings in Howmet Aerospace by 51.8% during the 2nd quarter. American Century Companies Inc. now owns 3,635,999 shares of the company’s stock worth $676,769,000 after acquiring an additional 1,240,071 shares during the last quarter. Westfield Capital Management Co. LP increased its position in Howmet Aerospace by 68.8% in the 2nd quarter. Westfield Capital Management Co. LP now owns 1,915,955 shares of the company’s stock valued at $356,617,000 after acquiring an additional 780,896 shares during the period. Finally, Geode Capital Management LLC raised its stake in shares of Howmet Aerospace by 7.0% during the second quarter. Geode Capital Management LLC now owns 10,938,815 shares of the company’s stock valued at $2,032,221,000 after acquiring an additional 719,888 shares during the last quarter. 90.46% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Howmet Aerospace

In other news, EVP Neil Edward Marchuk sold 45,150 shares of the business’s stock in a transaction dated 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 completion of the sale, the executive vice president directly 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 transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Barbara Lou Shultz sold 1,000 shares of the firm’s stock in a transaction dated Thursday, February 26th. The shares were 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 directly owned 23,874 shares in the company, valued at approximately $6,207,240. The trade was a 4.02% decrease in their position. The SEC filing for this sale provides additional information. 1.04% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on HWM shares. Weiss Ratings reissued a “buy (b)” rating on shares of Howmet Aerospace in a research note on Thursday, January 22nd. Morgan Stanley reaffirmed an “overweight” rating and set a $280.00 target price on shares of Howmet Aerospace in a report on Friday, February 13th. Bank of America increased their price target on Howmet Aerospace from $250.00 to $300.00 and gave the company a “buy” rating in a research note on Friday, February 20th. Susquehanna raised their price objective on Howmet Aerospace from $255.00 to $290.00 and gave the stock a “positive” rating in a research report on Friday, February 13th. Finally, BTIG Research upped their target price on Howmet Aerospace from $240.00 to $275.00 and gave the company a “buy” rating in a report on Wednesday, February 18th. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $252.95.

Howmet Aerospace Stock Down 3.0%

Shares of NYSE:HWM opened at $252.20 on Friday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.09 and a current ratio of 2.13. Howmet Aerospace Inc. has a 52-week low of $105.04 and a 52-week high of $267.31. The business’s 50 day simple moving average is $228.46 and its two-hundred day simple moving average is $205.31. The firm has a market cap of $101.12 billion, a P/E ratio of 67.98, a PEG ratio of 2.41 and a beta of 1.21.

Howmet Aerospace (NYSE:HWM) last issued its earnings results on Thursday, February 12th. The company reported $1.05 earnings per share for the quarter, topping analysts’ consensus estimates of $0.97 by $0.08. Howmet Aerospace had a return on equity of 30.41% and a net margin of 18.27%.The company had revenue of $2.17 billion for the quarter, compared to analyst estimates of $2.12 billion. During the same period in the prior year, the firm earned $0.77 earnings per share. Howmet Aerospace’s revenue for the quarter 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. As a group, research analysts forecast that Howmet Aerospace Inc. will post 3.27 EPS for the current fiscal year.

Howmet Aerospace Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 25th. Shareholders of record on Friday, February 6th were paid 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 was 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.