Pinkerton Wealth LLC Sells 3,727 Shares of Howmet Aerospace Inc. $HWM

Pinkerton Wealth LLC lowered its position in Howmet Aerospace Inc. (NYSE:HWM) by 22.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,763 shares of the company’s stock after selling 3,727 shares during the quarter. Pinkerton Wealth LLC’s holdings in Howmet Aerospace were worth $2,505,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of HWM. Voya Investment Management LLC boosted its stake in shares of Howmet Aerospace by 9.1% in the 3rd quarter. Voya Investment Management LLC now owns 1,247,220 shares of the company’s stock valued at $244,742,000 after purchasing an additional 104,207 shares in the last quarter. Nordea Investment Management AB grew its holdings in shares of Howmet Aerospace by 59.2% during the 3rd quarter. Nordea Investment Management AB now owns 1,401,335 shares of the company’s stock valued at $273,288,000 after purchasing an additional 521,180 shares during the last quarter. GRIMES & Co WEALTH MANAGEMENT LLC purchased a new position in Howmet Aerospace in the 3rd quarter worth $1,581,000. LBP AM SA raised its position in Howmet Aerospace by 18.0% in the 3rd quarter. LBP AM SA now owns 68,499 shares of the company’s stock worth $13,442,000 after purchasing an additional 10,460 shares during the period. Finally, Greenup Street Wealth Management LLC lifted its stake in Howmet Aerospace by 76.3% in the third quarter. Greenup Street Wealth Management LLC now owns 20,972 shares of the company’s stock worth $4,115,000 after purchasing an additional 9,078 shares during the last quarter. 90.46% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, EVP Neil Edward Marchuk sold 45,150 shares of Howmet Aerospace stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $251.70, for a total value of $11,364,255.00. Following the sale, the executive vice president directly owned 107,008 shares in the company, valued at approximately $26,933,913.60. This trade represents a 29.67% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Barbara Lou Shultz sold 1,000 shares of the business’s stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $260.00, for a total value of $260,000.00. Following the transaction, the vice president directly owned 23,874 shares in the company, valued at $6,207,240. This trade represents a 4.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 1.12% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on HWM shares. Royal Bank Of Canada restated an “outperform” rating and set a $275.00 price target on shares of Howmet Aerospace in a research report on Friday, February 13th. Morgan Stanley reiterated an “overweight” rating and issued a $280.00 price objective on shares of Howmet Aerospace in a report on Friday, February 13th. JPMorgan Chase & Co. increased their target price on Howmet Aerospace from $227.00 to $265.00 and gave the company an “overweight” rating in a report on Thursday, February 19th. The Goldman Sachs Group set a $228.00 target price on Howmet Aerospace in a report on Tuesday, February 17th. Finally, BTIG Research raised their price target on Howmet Aerospace from $240.00 to $275.00 and gave the stock a “buy” rating in a research report on Wednesday, February 18th. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned 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 an average target price of $252.95.

Howmet Aerospace Price Performance

Shares of Howmet Aerospace stock opened at $254.07 on Tuesday. The company’s fifty day simple moving average is $230.14 and its two-hundred day simple moving average is $206.89. Howmet Aerospace Inc. has a 12-month low of $105.04 and a 12-month high of $267.31. The firm has a market cap of $101.87 billion, a PE ratio of 68.48, a price-to-earnings-growth ratio of 2.32 and a beta of 1.20. The company has a quick ratio of 1.09, a current ratio of 2.13 and a debt-to-equity ratio of 0.53.

Howmet Aerospace (NYSE:HWM) last issued its quarterly earnings data on Thursday, February 12th. The company reported $1.05 EPS for the quarter, beating the consensus estimate of $0.97 by $0.08. The firm had revenue of $2.17 billion during the quarter, compared to the consensus estimate of $2.12 billion. Howmet Aerospace had a net margin of 18.27% and a return on equity of 30.41%. The company’s quarterly revenue was up 14.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.77 earnings per share. 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 analysts expect that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 25th. Shareholders of record on Friday, February 6th were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Friday, February 6th. This represents a $0.48 dividend on an annualized basis and a yield of 0.2%. Howmet Aerospace’s dividend payout ratio is presently 12.94%.

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.