Banque Cantonale Vaudoise Lowers Position in Howmet Aerospace Inc. $HWM

Banque Cantonale Vaudoise trimmed its stake in Howmet Aerospace Inc. (NYSE:HWM) by 23.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 11,330 shares of the company’s stock after selling 3,486 shares during the quarter. Banque Cantonale Vaudoise’s holdings in Howmet Aerospace were worth $2,323,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of HWM. Invesco Ltd. grew its holdings 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 during the period. Vanguard Group Inc. grew its holdings 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 during the period. Federated Hermes Inc. grew its holdings in Howmet Aerospace by 140.7% in the third quarter. Federated Hermes Inc. now owns 1,073,305 shares of the company’s stock valued at $210,615,000 after purchasing an additional 627,397 shares during the period. Franklin Resources Inc. grew its holdings in Howmet Aerospace by 116.7% in the third quarter. Franklin Resources Inc. now owns 917,241 shares of the company’s stock valued at $179,990,000 after purchasing an additional 493,872 shares during the period. Finally, Danske Bank A S purchased a new stake in Howmet Aerospace in the third quarter valued at approximately $89,254,000. 90.46% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on HWM shares. Royal Bank Of Canada boosted their target price on shares of Howmet Aerospace from $275.00 to $300.00 and gave the company an “outperform” rating in a report on Wednesday, March 11th. Wells Fargo & Company started coverage on shares of Howmet Aerospace in a research note on Wednesday, April 1st. They set an “equal weight” rating and a $240.00 price objective for the company. Weiss Ratings reiterated a “buy (b)” rating on shares of Howmet Aerospace in a research note on Tuesday, April 21st. BNP Paribas Exane reiterated an “outperform” rating and set a $340.00 price objective (up from $265.00) on shares of Howmet Aerospace in a research note on Friday, May 8th. Finally, BTIG Research boosted their price objective on shares of Howmet Aerospace from $275.00 to $300.00 and gave the stock a “buy” rating in a research note on Friday, May 8th. Eighteen investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $285.53.

Howmet Aerospace Price Performance

Shares of HWM stock opened at $259.96 on Friday. The company has a market capitalization of $104.01 billion, a PE ratio of 60.31, a price-to-earnings-growth ratio of 2.07 and a beta of 1.19. The firm has a fifty day simple moving average of $247.37 and a 200-day simple moving average of $228.17. The company has a current ratio of 2.44, a quick ratio of 1.59 and a debt-to-equity ratio of 0.73. Howmet Aerospace Inc. has a twelve month low of $160.01 and a twelve month high of $280.74.

Howmet Aerospace (NYSE:HWM) last announced its earnings results on Thursday, May 7th. The company reported $1.22 earnings per share for the quarter, beating the consensus estimate of $1.11 by $0.11. The business had revenue of $2.31 billion during the quarter, compared to the consensus estimate of $2.24 billion. Howmet Aerospace had a net margin of 20.23% and a return on equity of 29.27%. The business’s quarterly revenue was up 19.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.86 earnings per share. Howmet Aerospace has set its FY 2026 guidance at 4.880-5.000 EPS and its Q2 2026 guidance at 1.220-1.240 EPS. Equities research analysts anticipate that Howmet Aerospace Inc. will post 5.04 earnings per share for the current fiscal year.

Howmet Aerospace Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 26th. Stockholders of record on Friday, May 8th will be paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Friday, May 8th. Howmet Aerospace’s dividend payout ratio is 11.14%.

Insider Activity at Howmet Aerospace

In related news, EVP Neil Edward Marchuk sold 41,932 shares of the company’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of $269.50, for a total value of $11,300,674.00. Following the sale, the executive vice president directly owned 65,105 shares of the company’s stock, valued at $17,545,797.50. This represents a 39.18% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Barbara Lou Shultz sold 1,000 shares of the company’s stock in a transaction on 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 sale, the vice president directly owned 23,874 shares in the company, valued at $6,207,240. This represents a 4.02% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.85% of the company’s stock.

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.