Varma Mutual Pension Insurance Co Acquires 3,130 Shares of Howmet Aerospace Inc. $HWM

Varma Mutual Pension Insurance Co lifted its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM) by 3.8% in the fourth quarter, Holdings Channel.com reports. The fund owned 86,054 shares of the company’s stock after purchasing an additional 3,130 shares during the period. Varma Mutual Pension Insurance Co’s holdings in Howmet Aerospace were worth $17,643,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in HWM. Brighton Jones LLC raised its holdings in shares of Howmet Aerospace by 5.4% during the fourth quarter. Brighton Jones LLC now owns 2,548 shares of the company’s stock valued at $279,000 after acquiring an additional 130 shares in the last quarter. Acadian Asset Management LLC bought a new position in shares of Howmet Aerospace during the first quarter valued at approximately $399,000. Sivia Capital Partners LLC bought a new position in shares of Howmet Aerospace during the second quarter valued at approximately $216,000. Brown Advisory Inc. raised its holdings in shares of Howmet Aerospace by 31.0% during the second quarter. Brown Advisory Inc. now owns 4,180 shares of the company’s stock valued at $778,000 after acquiring an additional 990 shares in the last quarter. Finally, Cary Street Partners Financial LLC bought a new position in shares of Howmet Aerospace during the second quarter valued at approximately $145,000. Institutional investors own 90.46% of the company’s stock.

Insiders Place Their Bets

In other news, VP Barbara Lou Shultz sold 1,000 shares of the stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $260.00, for a total value of $260,000.00. Following the sale, the vice president directly owned 23,874 shares of the company’s stock, valued at approximately $6,207,240. This represents a 4.02% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Neil Edward Marchuk sold 45,150 shares of the stock in a transaction 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 completion of the sale, the executive vice president directly owned 107,008 shares in the company, valued at approximately $26,933,913.60. This represents a 29.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.85% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have issued reports on HWM shares. Susquehanna increased their price objective on Howmet Aerospace from $255.00 to $290.00 and gave the stock a “positive” rating in a report on Friday, February 13th. Jefferies Financial Group reiterated a “buy” rating and issued a $315.00 price objective on shares of Howmet Aerospace in a report on Sunday, February 15th. KeyCorp started coverage on Howmet Aerospace in a report on Wednesday, March 25th. They issued a “sector weight” rating for the company. UBS Group increased their price objective on Howmet Aerospace from $228.00 to $260.00 and gave the stock a “neutral” rating in a report on Tuesday, February 17th. Finally, Wall Street Zen upgraded Howmet Aerospace from a “hold” rating to a “buy” rating in a report on Sunday, January 18th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, Howmet Aerospace has an average rating of “Moderate Buy” and a consensus target price of $266.89.

Howmet Aerospace Price Performance

HWM opened at $239.48 on Tuesday. The stock has a fifty day simple moving average of $245.96 and a two-hundred day simple moving average of $222.16. The company has a current ratio of 2.13, a quick ratio of 1.09 and a debt-to-equity ratio of 0.53. The company has a market cap of $95.96 billion, a price-to-earnings ratio of 64.55, a price-to-earnings-growth ratio of 2.21 and a beta of 1.19. Howmet Aerospace Inc. has a 12-month low of $150.63 and a 12-month high of $267.31.

Howmet Aerospace (NYSE:HWM) last posted its quarterly earnings data on Thursday, February 12th. The company reported $1.05 earnings per share (EPS) for the quarter, topping 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 business had revenue of $2.17 billion during the quarter, compared to the consensus estimate of $2.12 billion. During the same quarter in the prior year, the company earned $0.77 earnings per share. The firm’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. Research analysts predict that Howmet Aerospace Inc. will post 4.57 earnings per share for the current fiscal year.

Howmet Aerospace Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, May 26th. Stockholders of record on Friday, May 8th will be paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend is Friday, May 8th. Howmet Aerospace’s dividend payout ratio is currently 12.94%.

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.