Silvant Capital Management LLC Buys 4,453 Shares of Howmet Aerospace Inc. $HWM

Silvant Capital Management LLC grew its stake in Howmet Aerospace Inc. (NYSE:HWM) by 7.1% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 67,503 shares of the company’s stock after buying an additional 4,453 shares during the period. Howmet Aerospace makes up approximately 0.5% of Silvant Capital Management LLC’s holdings, making the stock its 29th biggest position. Silvant Capital Management LLC’s holdings in Howmet Aerospace were worth $13,246,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in HWM. Vanguard Group Inc. raised its stake in shares of Howmet Aerospace by 1.4% in the 3rd quarter. Vanguard Group Inc. now owns 49,139,989 shares of the company’s stock valued at $9,642,740,000 after acquiring an additional 664,595 shares in the last quarter. JPMorgan Chase & Co. boosted its position in Howmet Aerospace by 30.1% during the second quarter. JPMorgan Chase & Co. now owns 31,806,624 shares of the company’s stock worth $5,920,181,000 after purchasing an additional 7,356,077 shares during the period. State Street Corp grew its holdings in Howmet Aerospace by 1.6% during the third quarter. State Street Corp now owns 17,964,662 shares of the company’s stock valued at $3,525,206,000 after purchasing an additional 278,587 shares during the last quarter. Bank of America Corp DE raised its position in shares of Howmet Aerospace by 2.4% in the third quarter. Bank of America Corp DE now owns 10,877,771 shares of the company’s stock valued at $2,134,545,000 after purchasing an additional 255,419 shares during the period. Finally, Norges Bank bought a new position in shares of Howmet Aerospace in the second quarter valued at approximately $1,633,157,000. Institutional investors and hedge funds own 90.46% of the company’s stock.

Insider Activity

In other news, VP Barbara Lou Shultz sold 1,000 shares of Howmet Aerospace 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 sale, the vice president owned 23,874 shares of the company’s stock, valued at approximately $6,207,240. This trade represents a 4.02% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Neil Edward Marchuk sold 45,150 shares of the company’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $251.70, for a total value of $11,364,255.00. Following the completion of 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 disclosure for this sale is available in the SEC filing. Insiders own 1.12% of the company’s stock.

Howmet Aerospace Trading Down 0.4%

Shares of HWM stock opened at $239.77 on Wednesday. The firm has a market capitalization of $96.13 billion, a P/E ratio of 64.63, a price-to-earnings-growth ratio of 2.23 and a beta of 1.20. Howmet Aerospace Inc. has a 1 year low of $105.04 and a 1 year high of $267.31. The firm’s fifty day simple moving average is $234.34 and its 200 day simple moving average is $209.87. The company has a current ratio of 2.13, a quick ratio of 1.09 and a debt-to-equity ratio of 0.53.

Howmet Aerospace (NYSE:HWM) last issued its quarterly earnings results on Thursday, February 12th. The company reported $1.05 earnings per share 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 firm had revenue of $2.17 billion during the quarter, compared to the consensus estimate of $2.12 billion. During the same period in the prior year, the firm earned $0.77 EPS. The business’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. As a group, sell-side analysts predict that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, February 25th. Investors of record on Friday, February 6th were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Friday, February 6th. This represents a $0.48 dividend on an annualized basis and a yield of 0.2%. Howmet Aerospace’s dividend payout ratio (DPR) is 12.94%.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. BNP Paribas Exane initiated coverage on shares of Howmet Aerospace in a research note on Tuesday, November 18th. They issued an “outperform” rating and a $240.00 price objective for the company. Royal Bank Of Canada lifted their target price on shares of Howmet Aerospace from $275.00 to $300.00 and gave the stock an “outperform” rating in a report on Wednesday, March 11th. Wolfe Research set a $270.00 target price on shares of Howmet Aerospace and gave the stock an “outperform” rating in a research report on Wednesday, March 11th. Truist Financial set a $280.00 price target on shares of Howmet Aerospace in a report on Wednesday, March 11th. Finally, The Goldman Sachs Group set a $228.00 price target on Howmet Aerospace in a research report on Tuesday, February 17th. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $256.15.

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.