Oddo BHF Asset Management Sas Acquires 12,687 Shares of Howmet Aerospace Inc. $HWM

Oddo BHF Asset Management Sas raised its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM) by 8.6% during the fourth quarter, HoldingsChannel reports. The fund owned 159,854 shares of the company’s stock after purchasing an additional 12,687 shares during the quarter. Howmet Aerospace comprises about 1.2% of Oddo BHF Asset Management Sas’ investment portfolio, making the stock its 17th biggest holding. Oddo BHF Asset Management Sas’ holdings in Howmet Aerospace were worth $32,773,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. increased its holdings in shares of Howmet Aerospace by 1.4% in the third quarter. Vanguard Group Inc. now owns 49,139,989 shares of the company’s stock worth $9,642,740,000 after purchasing an additional 664,595 shares during the period. State Street Corp increased its holdings in shares of Howmet Aerospace by 2.2% in the fourth quarter. State Street Corp now owns 18,365,429 shares of the company’s stock worth $3,765,280,000 after purchasing an additional 400,767 shares during the period. Geode Capital Management LLC increased its holdings in shares of Howmet Aerospace by 2.0% in the fourth quarter. Geode Capital Management LLC now owns 11,307,538 shares of the company’s stock worth $2,316,277,000 after purchasing an additional 221,775 shares during the period. Bank of America Corp DE increased its holdings in shares of 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 period. Finally, Norges Bank bought a new position in shares of Howmet Aerospace in the fourth quarter worth $1,793,698,000. Institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Stock Up 2.4%

Shares of NYSE:HWM 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 firm has a fifty day moving average of $254.22 and a 200 day moving average of $234.50. The firm has a market capitalization of $108.39 billion, a PE ratio of 62.86, a price-to-earnings-growth ratio of 2.10 and a beta of 1.19. 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 (NYSE:HWM) last announced its earnings results on Thursday, May 7th. The company reported $1.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.11 by $0.11. Howmet Aerospace had a net margin of 20.23% and a return on equity of 29.27%. The company had revenue of $2.31 billion during the quarter, compared to analyst estimates of $2.24 billion. During the same period in the previous year, the business earned $0.86 earnings per share. The firm’s quarterly revenue was up 19.1% compared to the same quarter last year. 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. As a group, research analysts anticipate that Howmet Aerospace Inc. will post 5.04 EPS for the current fiscal year.

Howmet Aerospace Announces Dividend

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

Insider Transactions at Howmet Aerospace

In related news, EVP Neil Edward Marchuk sold 41,932 shares of the company’s stock in a transaction 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. The trade was a 39.18% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.85% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. Morgan Stanley reaffirmed an “overweight” rating and issued a $315.00 price target on shares of Howmet Aerospace in a report on Friday, May 8th. JPMorgan Chase & Co. upped their price target on shares of Howmet Aerospace from $265.00 to $310.00 and gave the stock an “overweight” rating in a report on Monday, May 11th. BNP Paribas Exane reaffirmed an “outperform” rating and issued a $340.00 price target (up from $265.00) on shares of Howmet Aerospace in a report on Friday, May 8th. Susquehanna upped their price target on shares of Howmet Aerospace from $300.00 to $330.00 and gave the stock a “positive” rating in a report on Friday, May 8th. Finally, Bank of America upped their price target on shares of Howmet Aerospace from $250.00 to $300.00 and gave the stock a “buy” rating in a report on Friday, February 20th. Eighteen analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target 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.