Korea Investment CORP Sells 147,226 Shares of Howmet Aerospace Inc. $HWM

Korea Investment CORP lowered its stake in shares of Howmet Aerospace Inc. (NYSE:HWM) by 48.2% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 157,909 shares of the company’s stock after selling 147,226 shares during the period. Korea Investment CORP’s holdings in Howmet Aerospace were worth $30,986,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the stock. Traub Capital Management LLC acquired a new position in Howmet Aerospace in the 2nd quarter valued at approximately $25,000. Winnow Wealth LLC bought a new stake in shares of Howmet Aerospace in the 2nd quarter worth approximately $25,000. Newbridge Financial Services Group Inc. grew its holdings 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 worth $25,000 after purchasing an additional 73 shares in the last quarter. Tradewinds Capital Management LLC grew its holdings in shares of Howmet Aerospace by 52.0% during the 3rd quarter. Tradewinds Capital Management LLC now owns 152 shares of the company’s stock worth $30,000 after purchasing an additional 52 shares in the last quarter. Finally, Manning & Napier Advisors LLC bought a new stake in shares of Howmet Aerospace during the third quarter valued at approximately $32,000. Institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Stock Up 1.6%

Shares of NYSE HWM opened at $254.07 on Tuesday. The stock has a market cap of $101.87 billion, a PE ratio of 68.48, a PEG ratio of 2.32 and a beta of 1.20. The business has a fifty day moving average of $230.14 and a two-hundred day moving average of $206.89. Howmet Aerospace Inc. has a 52-week low of $105.04 and a 52-week high of $267.31. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.09 and a current ratio of 2.13.

Howmet Aerospace (NYSE:HWM) last posted its earnings results on Thursday, February 12th. The company reported $1.05 earnings per share for the quarter, topping the consensus estimate of $0.97 by $0.08. The business had revenue of $2.17 billion for the quarter, compared to analyst estimates of $2.12 billion. Howmet Aerospace had a net margin of 18.27% and a return on equity of 30.41%. The firm’s quarterly revenue was up 14.6% compared to the same quarter last year. During the same quarter in the prior 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. As a group, equities research analysts expect that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 25th. Shareholders of record on Friday, February 6th 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, February 6th. Howmet Aerospace’s dividend payout ratio is currently 12.94%.

Insider Activity at Howmet Aerospace

In related news, VP Barbara Lou Shultz sold 1,000 shares of the firm’s stock in a transaction on Thursday, February 26th. The stock was 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 of the company’s stock, valued at $6,207,240. This trade represents a 4.02% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Neil Edward Marchuk sold 45,150 shares of Howmet Aerospace stock in a transaction on Wednesday, February 18th. The shares were 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 owned 107,008 shares of the company’s stock, valued at approximately $26,933,913.60. The trade was a 29.67% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 1.12% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on HWM. The Goldman Sachs Group set a $228.00 target price on Howmet Aerospace in a research note on Tuesday, February 17th. Weiss Ratings reiterated a “buy (b)” rating on shares of Howmet Aerospace in a research note on Thursday, January 22nd. Deutsche Bank Aktiengesellschaft set a $278.00 price objective on shares of Howmet Aerospace and gave the stock a “buy” rating in a report on Friday, February 13th. Truist Financial set a $258.00 target price on shares of Howmet Aerospace in a research report on Friday, January 9th. Finally, Susquehanna increased their price target on shares of Howmet Aerospace from $255.00 to $290.00 and gave the stock a “positive” rating in a research report on Friday, February 13th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $252.95.

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.