Dnca Finance grew its position in Howmet Aerospace Inc. (NYSE:HWM – Free Report) by 100.0% during the 3rd quarter, HoldingsChannel reports. The fund owned 10,000 shares of the company’s stock after purchasing an additional 5,000 shares during the period. Dnca Finance’s holdings in Howmet Aerospace were worth $1,962,000 at the end of the most recent quarter.
Several other institutional investors have also recently made changes to their positions in the company. Voya Investment Management LLC grew its holdings in Howmet Aerospace by 9.1% during 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 during the last quarter. Nordea Investment Management AB lifted its stake in Howmet Aerospace by 59.2% in the third quarter. Nordea Investment Management AB now owns 1,401,335 shares of the company’s stock worth $273,288,000 after purchasing an additional 521,180 shares during the last quarter. GRIMES & Co WEALTH MANAGEMENT LLC purchased a new position in shares of Howmet Aerospace during the third quarter valued at approximately $1,581,000. LBP AM SA boosted its position in shares of Howmet Aerospace by 18.0% during the third quarter. LBP AM SA now owns 68,499 shares of the company’s stock valued at $13,442,000 after buying an additional 10,460 shares during the period. Finally, Greenup Street Wealth Management LLC grew its stake in shares of Howmet Aerospace by 76.3% during the third quarter. Greenup Street Wealth Management LLC now owns 20,972 shares of the company’s stock valued at $4,115,000 after buying an additional 9,078 shares during the last quarter. Institutional investors own 90.46% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities research analysts have recently weighed in on the company. Royal Bank Of Canada increased their price target on Howmet Aerospace from $275.00 to $300.00 and gave the stock an “outperform” rating in a report on Wednesday. Wall Street Zen upgraded Howmet Aerospace from a “hold” rating to a “buy” rating in a report on Sunday, January 18th. Wolfe Research set a $270.00 price objective on Howmet Aerospace and gave the company an “outperform” rating in a research report on Wednesday. Citigroup increased their target price on Howmet Aerospace from $255.00 to $283.00 and gave the stock a “buy” rating in a research note on Tuesday, February 17th. Finally, JPMorgan Chase & Co. increased their target price on Howmet Aerospace from $227.00 to $265.00 and gave the stock an “overweight” rating in a research note on Thursday, February 19th. One research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $256.15.
Insider Activity
In other Howmet Aerospace news, VP Barbara Lou Shultz sold 1,000 shares of the stock in a transaction dated Thursday, February 26th. The shares were 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 approximately $6,207,240. This represents a 4.02% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Neil Edward Marchuk sold 45,150 shares of the firm’s stock in a transaction dated Wednesday, February 18th. The shares were 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 owned 107,008 shares in the company, valued at $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. 1.04% of the stock is owned by insiders.
Howmet Aerospace Price Performance
Shares of HWM opened at $236.76 on Friday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.09 and a current ratio of 2.13. The company has a 50 day moving average price of $233.28 and a 200-day moving average price of $208.49. Howmet Aerospace Inc. has a fifty-two week low of $105.04 and a fifty-two week high of $267.31. The stock has a market capitalization of $94.93 billion, a PE ratio of 63.82, a PEG ratio of 2.26 and a beta of 1.21.
Howmet Aerospace (NYSE:HWM – Get Free Report) last issued its quarterly earnings data on Thursday, February 12th. The company reported $1.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.97 by $0.08. The company 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%. Howmet Aerospace’s revenue was up 14.6% compared to the same quarter last year. During the same period last year, the company 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. Equities analysts predict that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.
Howmet Aerospace Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, February 25th. Shareholders of record on Friday, February 6th were paid a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 0.2%. The ex-dividend date was Friday, February 6th. Howmet Aerospace’s payout ratio is 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.
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