Fjarde AP Fonden Fourth Swedish National Pension Fund Boosts Stock Position in Howmet Aerospace Inc. $HWM

Fjarde AP Fonden Fourth Swedish National Pension Fund grew its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM) by 64.0% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 130,303 shares of the company’s stock after buying an additional 50,850 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Howmet Aerospace were worth $30,030,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also made changes to their positions in the business. Brighton Jones LLC raised its position in shares of Howmet Aerospace by 5.4% during the 4th quarter. Brighton Jones LLC now owns 2,548 shares of the company’s stock worth $279,000 after acquiring an additional 130 shares in the last quarter. Acadian Asset Management LLC purchased a new position in Howmet Aerospace in the first quarter valued at approximately $399,000. Sivia Capital Partners LLC acquired a new stake in Howmet Aerospace during the second quarter worth approximately $216,000. Brown Advisory Inc. raised its holdings in Howmet Aerospace by 31.0% during the second quarter. Brown Advisory Inc. now owns 4,180 shares of the company’s stock worth $778,000 after purchasing an additional 990 shares in the last quarter. Finally, Cary Street Partners Financial LLC purchased a new stake in shares of Howmet Aerospace during the 2nd quarter worth approximately $145,000. 90.46% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts recently commented on HWM shares. Wall Street Zen raised shares of Howmet Aerospace from a “buy” rating to a “strong-buy” rating in a research report on Saturday, June 27th. Truist Financial set a $280.00 price objective on shares of Howmet Aerospace in a research note on Wednesday, March 11th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Howmet Aerospace in a report on Tuesday, April 21st. Citigroup boosted their target price on Howmet Aerospace from $303.00 to $311.00 and gave the company a “buy” rating in a report on Wednesday. Finally, BNP Paribas Exane reissued an “outperform” rating and issued a $340.00 target price (up from $265.00) on shares of Howmet Aerospace in a research report on Friday, May 8th. Eighteen equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, Howmet Aerospace has an average rating of “Moderate Buy” and a consensus target price of $287.95.

Howmet Aerospace Trading Up 0.1%

NYSE HWM opened at $270.59 on Friday. The firm’s fifty day moving average is $261.39 and its two-hundred day moving average is $241.77. Howmet Aerospace Inc. has a one year low of $169.45 and a one year high of $290.63. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.59 and a current ratio of 2.44. The firm has a market cap of $108.26 billion, a PE ratio of 62.78, a P/E/G ratio of 2.14 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 for the quarter, topping 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 quarter 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. Analysts expect that Howmet Aerospace Inc. will post 5.05 earnings per share for the current year.

Howmet Aerospace Dividend Announcement

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

Insider Activity

In other news, EVP Neil Edward Marchuk sold 41,932 shares of the company’s stock in a transaction that occurred on 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 sale, the executive vice president owned 65,105 shares in the company, valued at $17,545,797.50. This represents a 39.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 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.