Howmet Aerospace Inc. $HWM Stock Holdings Lifted by Pinnbrook Capital Management LP

Pinnbrook Capital Management LP lifted its stake in shares of Howmet Aerospace Inc. (NYSE:HWMFree Report) by 16.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 32,867 shares of the company’s stock after acquiring an additional 4,755 shares during the quarter. Pinnbrook Capital Management LP’s holdings in Howmet Aerospace were worth $6,449,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Voya Investment Management LLC increased its stake in Howmet Aerospace by 9.1% in the 3rd quarter. Voya Investment Management LLC now owns 1,247,220 shares of the company’s stock worth $244,742,000 after purchasing an additional 104,207 shares in the last quarter. Nordea Investment Management AB lifted its stake in Howmet Aerospace by 59.2% during the third quarter. Nordea Investment Management AB now owns 1,401,335 shares of the company’s stock valued at $273,288,000 after buying an additional 521,180 shares in the last quarter. GRIMES & Co WEALTH MANAGEMENT LLC purchased a new stake in Howmet Aerospace during the third quarter valued at about $1,581,000. LBP AM SA boosted its holdings in shares of Howmet Aerospace by 18.0% in the third quarter. LBP AM SA now owns 68,499 shares of the company’s stock worth $13,442,000 after buying an additional 10,460 shares during the period. Finally, Greenup Street Wealth Management LLC increased its position in shares of 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 acquiring an additional 9,078 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 Howmet Aerospace news, VP Barbara Lou Shultz sold 1,000 shares of Howmet Aerospace 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 completion of the sale, the vice president directly owned 23,874 shares in the company, valued at $6,207,240. The trade was a 4.02% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Neil Edward Marchuk sold 45,150 shares of the business’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $251.70, for a total transaction of $11,364,255.00. Following the completion of the sale, the executive vice president directly owned 107,008 shares of the company’s stock, valued at $26,933,913.60. This represents a 29.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.04% of the stock is currently owned by company insiders.

Howmet Aerospace Trading Down 2.9%

Howmet Aerospace stock opened at $236.76 on Friday. 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 Inc. has a 12 month low of $105.04 and a 12 month high of $267.31. The company’s fifty day simple moving average is $233.28 and its 200-day simple moving average is $208.49. The stock has a market cap of $94.93 billion, a P/E ratio of 63.82, a P/E/G ratio of 2.26 and a beta of 1.21.

Howmet Aerospace (NYSE:HWMGet Free Report) last issued its earnings results on Thursday, February 12th. The company reported $1.05 EPS for the quarter, beating analysts’ consensus estimates of $0.97 by $0.08. Howmet Aerospace had a return on equity of 30.41% and a net margin of 18.27%.The firm had revenue of $2.17 billion for the quarter, compared to the consensus estimate of $2.12 billion. During the same quarter in the previous year, the company posted $0.77 earnings per share. The business’s quarterly revenue was up 14.6% compared to the same quarter last year. 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, sell-side analysts forecast that Howmet Aerospace Inc. will post 3.27 EPS for the current fiscal year.

Howmet Aerospace Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 25th. Investors of record on Friday, February 6th were issued a $0.12 dividend. The ex-dividend date 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 currently 12.94%.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on HWM. Deutsche Bank Aktiengesellschaft set a $278.00 price target on shares of Howmet Aerospace and gave the company a “buy” rating in a report on Friday, February 13th. Jefferies Financial Group reiterated a “buy” rating and set a $315.00 price objective on shares of Howmet Aerospace in a research report on Sunday, February 15th. BTIG Research boosted their target price on shares of Howmet Aerospace from $240.00 to $275.00 and gave the company a “buy” rating in a research note on Wednesday, February 18th. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $280.00 target price on shares of Howmet Aerospace in a research report on Tuesday, February 17th. Finally, Royal Bank Of Canada lifted their price target on Howmet Aerospace from $275.00 to $300.00 and gave the company an “outperform” rating in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $256.15.

Check Out Our Latest Report on HWM

Howmet Aerospace Profile

(Free Report)

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.

Featured Stories

Want to see what other hedge funds are holding HWM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Howmet Aerospace Inc. (NYSE:HWMFree Report).

Institutional Ownership by Quarter for Howmet Aerospace (NYSE:HWM)

Receive News & Ratings for Howmet Aerospace Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Howmet Aerospace and related companies with MarketBeat.com's FREE daily email newsletter.