University of Texas Texas AM Investment Management Co. Buys 7,454 Shares of Howmet Aerospace Inc. $HWM

University of Texas Texas AM Investment Management Co. lifted its stake in Howmet Aerospace Inc. (NYSE:HWM) by 193.6% in the fourth quarter, HoldingsChannel.com reports. The fund owned 11,305 shares of the company’s stock after purchasing an additional 7,454 shares during the period. University of Texas Texas AM Investment Management Co.’s holdings in Howmet Aerospace were worth $2,318,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in HWM. Vanguard Group Inc. lifted its holdings in shares of Howmet Aerospace by 1.4% during the 3rd quarter. Vanguard Group Inc. now owns 49,139,989 shares of the company’s stock valued at $9,642,740,000 after buying an additional 664,595 shares during the period. State Street Corp increased its position in Howmet Aerospace by 2.2% during the fourth quarter. State Street Corp now owns 18,365,429 shares of the company’s stock valued at $3,765,280,000 after acquiring an additional 400,767 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Howmet Aerospace by 2.0% in the fourth quarter. Geode Capital Management LLC now owns 11,307,538 shares of the company’s stock valued at $2,316,277,000 after acquiring an additional 221,775 shares during the period. Bank of America Corp DE boosted its position in Howmet Aerospace by 2.4% in the third quarter. Bank of America Corp DE now owns 10,877,771 shares of the company’s stock worth $2,134,545,000 after purchasing an additional 255,419 shares during the last quarter. Finally, Norges Bank bought a new stake in shares of Howmet Aerospace during the 4th quarter valued at about $1,793,698,000. Institutional investors own 90.46% of the company’s stock.

Insider Buying and Selling

In other Howmet Aerospace news, EVP Neil Edward Marchuk sold 41,932 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The stock was 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 $17,545,797.50. This represents a 39.18% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 0.85% of the company’s stock.

Howmet Aerospace Trading Up 2.4%

Shares of HWM stock opened at $270.91 on Tuesday. Howmet Aerospace Inc. has a 52-week low of $169.06 and a 52-week high of $280.74. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.59 and a current ratio of 2.44. The firm has a market capitalization of $108.39 billion, a PE ratio of 62.86, a PEG ratio of 2.10 and a beta of 1.19. The stock has a fifty day simple moving average of $254.22 and a two-hundred day simple moving average of $234.50.

Howmet Aerospace (NYSE:HWM) last announced its quarterly earnings data on Thursday, May 7th. The company reported $1.22 EPS for the quarter, beating the consensus estimate of $1.11 by $0.11. The business had revenue of $2.31 billion for the quarter, compared to the consensus estimate of $2.24 billion. Howmet Aerospace had a return on equity of 29.27% and a net margin of 20.23%.The business’s revenue was up 19.1% on a year-over-year basis. During the same period in the previous year, the business earned $0.86 earnings per share. 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. On average, analysts predict that Howmet Aerospace Inc. will post 5.04 EPS for the current fiscal year.

Howmet Aerospace Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, May 26th. Investors of record on Friday, May 8th were issued a $0.12 dividend. The ex-dividend date of this dividend was Friday, May 8th. This represents a $0.48 dividend on an annualized basis and a yield of 0.2%. Howmet Aerospace’s payout ratio is currently 11.14%.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on HWM shares. Royal Bank Of Canada upped their price target on shares of Howmet Aerospace from $275.00 to $300.00 and gave the company an “outperform” rating in a research report on Wednesday, March 11th. BNP Paribas Exane reaffirmed an “outperform” rating and set a $340.00 target price (up from $265.00) on shares of Howmet Aerospace in a report on Friday, May 8th. Morgan Stanley reiterated an “overweight” rating and issued a $315.00 price target on shares of Howmet Aerospace in a research report on Friday, May 8th. Bank of America boosted their price objective on shares of Howmet Aerospace from $250.00 to $300.00 and gave the company a “buy” rating in a research report on Friday, February 20th. Finally, JPMorgan Chase & Co. raised their target price on Howmet Aerospace from $265.00 to $310.00 and gave the stock an “overweight” rating in a report on Monday, May 11th. Eighteen analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Howmet Aerospace presently has an average rating of “Moderate Buy” and an average target price of $285.53.

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.