Howmet Aerospace Inc. $HWM Shares Sold by Sterling Capital Management LLC

Sterling Capital Management LLC reduced its stake in shares of Howmet Aerospace Inc. (NYSE:HWM) by 34.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 24,594 shares of the company’s stock after selling 12,981 shares during the quarter. Sterling Capital Management LLC’s holdings in Howmet Aerospace were worth $5,668,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Newbridge Financial Services Group Inc. boosted its holdings in Howmet Aerospace by 119.7% during the second quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock worth $25,000 after buying an additional 73 shares in the last quarter. Acumen Wealth Advisors LLC purchased a new position in Howmet Aerospace in the fourth quarter valued at $25,000. Sound Income Strategies LLC raised its position in shares of Howmet Aerospace by 66.7% in the fourth quarter. Sound Income Strategies LLC now owns 125 shares of the company’s stock worth $28,000 after acquiring an additional 50 shares during the period. Cornerstone Financial Management LLC acquired a new position in shares of Howmet Aerospace in the fourth quarter worth about $28,000. Finally, Vermillion & White Wealth Management Group LLC boosted its stake in shares of Howmet Aerospace by 65.1% during the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 137 shares of the company’s stock worth $28,000 after acquiring an additional 54 shares in the last quarter. 90.46% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Howmet Aerospace

In other news, EVP Neil Edward Marchuk sold 41,932 shares of the company’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $269.50, for a total transaction of $11,300,674.00. Following the completion of the transaction, the executive vice president directly owned 65,105 shares of the company’s stock, valued at approximately $17,545,797.50. This represents a 39.18% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.85% of the company’s stock.

Howmet Aerospace Trading Down 1.7%

Shares of HWM opened at $268.43 on Friday. Howmet Aerospace Inc. has a 12-month low of $169.45 and a 12-month high of $290.63. The firm has a market capitalization of $107.40 billion, a P/E ratio of 62.28, a P/E/G ratio of 2.13 and a beta of 1.19. The firm has a 50-day moving average price of $259.42 and a 200 day moving average price of $239.15. 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 (NYSE:HWM) last announced its quarterly earnings results on Thursday, May 7th. The company reported $1.22 earnings per share for the quarter, beating analysts’ consensus estimates of $1.11 by $0.11. Howmet Aerospace had a net margin of 20.23% and a return on equity of 29.27%. The business had revenue of $2.31 billion during the quarter, compared to analysts’ expectations of $2.24 billion. During the same period last year, the business earned $0.86 earnings per share. The business’s revenue for the quarter 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. Sell-side analysts forecast that Howmet Aerospace Inc. will post 5.04 EPS for the current year.

Howmet Aerospace Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, May 26th. Stockholders of record on Friday, May 8th were given 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 of this dividend was Friday, May 8th. Howmet Aerospace’s payout ratio is 11.14%.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on HWM shares. Sanford C. Bernstein restated an “outperform” rating and issued a $318.00 price target on shares of Howmet Aerospace in a research note on Tuesday, June 16th. BNP Paribas Exane reissued an “outperform” rating and issued a $340.00 price objective (up from $265.00) on shares of Howmet Aerospace in a report on Friday, May 8th. Wall Street Zen raised Howmet Aerospace from a “buy” rating to a “strong-buy” rating in a research note on Saturday. KeyCorp started coverage on shares of Howmet Aerospace in a research report on Wednesday, March 25th. They issued a “sector weight” rating on the stock. Finally, Wolfe Research set a $270.00 target price on shares of Howmet Aerospace and gave the stock an “outperform” rating in a research note on Wednesday, March 11th. Eighteen research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $287.53.

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.