Howmet Aerospace Inc. $HWM Shares Purchased by State Street Corp

State Street Corp boosted its position in Howmet Aerospace Inc. (NYSE:HWM) by 2.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 18,365,429 shares of the company’s stock after purchasing an additional 400,767 shares during the period. State Street Corp’s holdings in Howmet Aerospace were worth $3,765,280,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Sound Income Strategies LLC lifted its position in shares of Howmet Aerospace by 66.7% during the 4th quarter. Sound Income Strategies LLC now owns 125 shares of the company’s stock valued at $28,000 after acquiring an additional 50 shares during the last quarter. Newbridge Financial Services Group Inc. lifted its position in shares of Howmet Aerospace by 119.7% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock valued at $25,000 after acquiring an additional 73 shares during the last quarter. J.Safra Asset Management Corp acquired a new stake in shares of Howmet Aerospace during the 4th quarter valued at $30,000. Laurel Wealth Advisors LLC acquired a new stake in shares of Howmet Aerospace during the 4th quarter valued at $36,000. Finally, Ares Financial Consulting LLC acquired a new stake in shares of Howmet Aerospace during the 4th quarter valued at $37,000. Institutional investors and hedge funds own 90.46% of the company’s stock.

Insider Transactions at Howmet Aerospace

In other Howmet Aerospace news, EVP Neil Edward Marchuk sold 41,932 shares of the business’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of $269.50, for a total transaction 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. The trade was a 39.18% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.85% of the stock is currently owned by company insiders.

Howmet Aerospace Price Performance

Shares of NYSE:HWM opened at $264.46 on Friday. The company’s fifty day moving average is $253.46 and its two-hundred day moving average is $233.79. The company has a quick ratio of 1.59, a current ratio of 2.44 and a debt-to-equity ratio of 0.73. Howmet Aerospace Inc. has a 12-month low of $169.06 and a 12-month high of $280.74. The company has a market cap of $105.81 billion, a P/E ratio of 61.36, a price-to-earnings-growth ratio of 2.10 and a beta of 1.19.

Howmet Aerospace (NYSE:HWM) last announced its earnings results on Thursday, May 7th. The company reported $1.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.11 by $0.11. Howmet Aerospace had a net margin of 20.23% and a return on equity of 29.27%. The company had revenue of $2.31 billion for the quarter, compared to the consensus estimate of $2.24 billion. During the same period in the previous year, the business earned $0.86 EPS. The company’s revenue was up 19.1% on a year-over-year basis. 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 analysts expect that Howmet Aerospace Inc. will post 5.04 earnings per share for the current fiscal year.

Howmet Aerospace Dividend Announcement

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

Analyst Ratings Changes

HWM has been the subject of a number of recent research reports. Bank of America increased their price objective on Howmet Aerospace from $250.00 to $300.00 and gave the company a “buy” rating in a research report on Friday, February 20th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $320.00 price objective on shares of Howmet Aerospace in a research report on Friday, May 8th. KeyCorp initiated coverage on Howmet Aerospace in a research report on Wednesday, March 25th. They set a “sector weight” rating for the company. Morgan Stanley reiterated an “overweight” rating and set a $315.00 price objective on shares of Howmet Aerospace in a research report on Friday, May 8th. Finally, Sanford C. Bernstein reiterated an “outperform” rating and set a $280.00 price objective on shares of Howmet Aerospace in a research report on Tuesday, February 17th. Eighteen analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $285.53.

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.