Bokf Na Purchases 16,468 Shares of Howmet Aerospace Inc. $HWM

Bokf Na raised its stake in Howmet Aerospace Inc. (NYSE:HWM) by 308.7% in the fourth quarter, Holdings Channel reports. The firm owned 21,802 shares of the company’s stock after acquiring an additional 16,468 shares during the quarter. Bokf Na’s holdings in Howmet Aerospace were worth $4,470,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the stock. Vanguard Group Inc. grew its stake in Howmet Aerospace by 1.4% in the third quarter. Vanguard Group Inc. now owns 49,139,989 shares of the company’s stock valued at $9,642,740,000 after purchasing an additional 664,595 shares in the last quarter. State Street Corp grew its stake in Howmet Aerospace by 1.6% in 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 in the last quarter. Bank of America Corp DE grew its stake in 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 in the last quarter. Invesco Ltd. grew its stake in Howmet Aerospace by 12.2% in the third quarter. Invesco Ltd. now owns 7,367,438 shares of the company’s stock valued at $1,445,712,000 after purchasing an additional 801,093 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its stake in Howmet Aerospace by 4.3% in the third quarter. Ameriprise Financial Inc. now owns 3,595,587 shares of the company’s stock valued at $705,565,000 after purchasing an additional 147,523 shares in the last quarter. 90.46% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

HWM has been the subject of a number of analyst reports. Bank of America raised 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. Citigroup decreased their price target on Howmet Aerospace from $283.00 to $271.00 and set a “buy” rating for the company in a research note on Thursday, April 2nd. Weiss Ratings restated a “buy (b)” rating on shares of Howmet Aerospace in a research note on Tuesday, April 21st. BTIG Research reaffirmed a “buy” rating and issued a $275.00 price objective on shares of Howmet Aerospace in a research report on Tuesday, March 17th. Finally, JPMorgan Chase & Co. lifted their target price on Howmet Aerospace from $227.00 to $265.00 and gave the stock an “overweight” rating in a research note on Thursday, February 19th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, Howmet Aerospace currently has an average rating of “Moderate Buy” and an average target price of $266.89.

Howmet Aerospace Stock Performance

NYSE:HWM opened at $257.10 on Thursday. The stock has a market cap of $103.02 billion, a P/E ratio of 69.30, a PEG ratio of 2.24 and a beta of 1.19. The stock has a 50 day simple moving average of $245.66 and a 200 day simple moving average of $222.97. 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 Inc. has a 1-year low of $154.31 and a 1-year high of $267.31.

Howmet Aerospace (NYSE:HWM) last announced its quarterly earnings data on Thursday, February 12th. The company reported $1.05 earnings per share for the quarter, beating the consensus estimate of $0.97 by $0.08. The firm had revenue of $2.17 billion during the quarter, compared to analysts’ expectations of $2.12 billion. Howmet Aerospace had a return on equity of 30.41% and a net margin of 18.27%.The company’s quarterly revenue was up 14.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.77 EPS. 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. Research analysts anticipate that Howmet Aerospace Inc. will post 4.57 earnings per share for the current year.

Howmet Aerospace Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 26th. Shareholders of record on Friday, May 8th will be issued a $0.12 dividend. The ex-dividend date of this dividend is Friday, May 8th. This represents a $0.48 annualized dividend and a yield of 0.2%. Howmet Aerospace’s payout ratio is currently 12.94%.

Insider Buying and Selling at Howmet Aerospace

In other Howmet Aerospace news, EVP Neil Edward Marchuk sold 45,150 shares of Howmet Aerospace stock in a transaction on Wednesday, February 18th. The stock was 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 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Barbara Lou Shultz sold 1,000 shares of Howmet Aerospace stock in a transaction on Thursday, February 26th. The shares were 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 directly owned 23,874 shares of the company’s stock, valued at $6,207,240. This represents a 4.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.85% of the stock is owned by insiders.

Howmet Aerospace 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.