Royal Bank of Canada Sells 198,463 Shares of Howmet Aerospace Inc. $HWM

Royal Bank of Canada lowered its holdings in Howmet Aerospace Inc. (NYSE:HWM) by 14.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,196,650 shares of the company’s stock after selling 198,463 shares during the period. Royal Bank of Canada’s holdings in Howmet Aerospace were worth $275,779,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Universal Beteiligungs und Servicegesellschaft mbH grew its holdings in Howmet Aerospace by 8.2% during the fourth quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 475,814 shares of the company’s stock valued at $96,916,000 after purchasing an additional 36,195 shares during the period. M&T Bank Corp raised its stake in shares of Howmet Aerospace by 75.0% in the fourth quarter. M&T Bank Corp now owns 42,975 shares of the company’s stock valued at $8,810,000 after buying an additional 18,417 shares during the period. MUFG Securities EMEA plc lifted its position in shares of Howmet Aerospace by 752.6% during the 4th quarter. MUFG Securities EMEA plc now owns 65,783 shares of the company’s stock valued at $13,487,000 after buying an additional 58,067 shares during the last quarter. Sequoia Financial Advisors LLC lifted its position in shares of Howmet Aerospace by 57.5% during the 4th quarter. Sequoia Financial Advisors LLC now owns 14,190 shares of the company’s stock valued at $2,909,000 after buying an additional 5,181 shares during the last quarter. Finally, Asset Management One Co. Ltd. lifted its position in shares of Howmet Aerospace by 4.0% during the 4th quarter. Asset Management One Co. Ltd. now owns 194,734 shares of the company’s stock valued at $40,777,000 after buying an additional 7,508 shares during the last quarter. Institutional investors own 90.46% of the company’s stock.

Insider Activity at Howmet Aerospace

In other news, EVP Neil Edward Marchuk sold 41,932 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $269.50, for a total value of $11,300,674.00. Following the completion of the transaction, the executive vice president directly owned 65,105 shares in the company, valued at approximately $17,545,797.50. This trade represents a 39.18% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.85% of the company’s stock.

Howmet Aerospace Price Performance

Shares of NYSE HWM opened at $273.35 on Thursday. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.59 and a current ratio of 2.44. Howmet Aerospace Inc. has a fifty-two week low of $169.45 and a fifty-two week high of $295.28. The stock has a market cap of $109.37 billion, a PE ratio of 63.42, a price-to-earnings-growth ratio of 2.25 and a beta of 1.19. The stock has a fifty day moving average of $269.06 and a 200-day moving average of $251.02.

Howmet Aerospace (NYSE:HWM) last issued its quarterly earnings data on Thursday, May 7th. The company reported $1.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.11 by $0.11. The business had revenue of $2.31 billion for the quarter, compared to analysts’ expectations of $2.24 billion. Howmet Aerospace had a return on equity of 29.27% and a net margin of 20.23%.The firm’s quarterly revenue was up 19.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.86 EPS. 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. Equities research analysts anticipate that Howmet Aerospace Inc. will post 5.05 earnings per share for the current year.

Howmet Aerospace Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, August 25th. Stockholders of record on Friday, August 7th will be issued a $0.14 dividend. The ex-dividend date of this dividend is Friday, August 7th. This is a positive change from Howmet Aerospace’s previous quarterly dividend of $0.12. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.2%. Howmet Aerospace’s payout ratio is currently 11.14%.

Analysts Set New Price Targets

Several brokerages recently weighed in on HWM. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $320.00 price objective on shares of Howmet Aerospace in a report on Friday, May 8th. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $318.00 price objective on shares of Howmet Aerospace in a report on Tuesday, June 16th. BNP Paribas Exane reiterated an “outperform” rating and set a $340.00 target price (up from $265.00) on shares of Howmet Aerospace in a research report on Friday, May 8th. Wells Fargo & Company started coverage on shares of Howmet Aerospace in a research note on Wednesday, April 1st. They issued an “equal weight” rating and a $240.00 target price for the company. Finally, Morgan Stanley reissued an “overweight” rating and issued a $315.00 price target 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 company’s stock. According to MarketBeat, Howmet Aerospace currently has a consensus rating of “Moderate Buy” and a consensus target price of $294.53.

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.