Corient IA LLC Has $2.75 Million Stock Position in Howmet Aerospace Inc. $HWM

Corient IA LLC trimmed its stake in Howmet Aerospace Inc. (NYSE:HWM) by 12.5% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 14,000 shares of the company’s stock after selling 2,000 shares during the quarter. Howmet Aerospace makes up 2.1% of Corient IA LLC’s holdings, making the stock its 2nd largest holding. Corient IA LLC’s holdings in Howmet Aerospace were worth $2,747,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also modified their holdings of the stock. GW&K Investment Management LLC boosted its position in shares of Howmet Aerospace by 16.8% in the 3rd quarter. GW&K Investment Management LLC now owns 521 shares of the company’s stock valued at $102,000 after purchasing an additional 75 shares during the period. Cambria Investment Management L.P. acquired a new position in shares of Howmet Aerospace in the third quarter worth about $215,000. Insigneo Advisory Services LLC increased its position in shares of Howmet Aerospace by 37.1% in the third quarter. Insigneo Advisory Services LLC now owns 2,314 shares of the company’s stock worth $454,000 after acquiring an additional 626 shares in the last quarter. Cresset Asset Management LLC raised its holdings in shares of Howmet Aerospace by 59.9% during the third quarter. Cresset Asset Management LLC now owns 10,874 shares of the company’s stock valued at $2,134,000 after acquiring an additional 4,073 shares during the period. Finally, Victory Capital Management Inc. lifted its position in shares of Howmet Aerospace by 110.4% in the 3rd quarter. Victory Capital Management Inc. now owns 330,777 shares of the company’s stock valued at $64,908,000 after acquiring an additional 173,566 shares in the last quarter. 90.46% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Howmet Aerospace

In other news, EVP Neil Edward Marchuk sold 45,150 shares of the company’s stock in a transaction dated Wednesday, February 18th. The stock was 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 approximately $26,933,913.60. This represents a 29.67% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, VP Barbara Lou Shultz sold 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $260.00, for a total value of $260,000.00. Following the completion of the transaction, the vice president directly owned 23,874 shares in the company, valued at $6,207,240. The trade was a 4.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 1.04% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the stock. BNP Paribas Exane initiated coverage on shares of Howmet Aerospace in a research report on Tuesday, November 18th. They set an “outperform” rating and a $240.00 price objective on the stock. Bank of America lifted their price target on Howmet Aerospace from $250.00 to $300.00 and gave the company a “buy” rating in a report on Friday, February 20th. Wall Street Zen raised Howmet Aerospace from a “hold” rating to a “buy” rating in a research report on Sunday, January 18th. UBS Group raised their price objective on Howmet Aerospace from $228.00 to $260.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 17th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $275.00 target price on shares of Howmet Aerospace in a research note on Friday, February 13th. One research 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. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $252.95.

Howmet Aerospace Trading Up 0.5%

Shares of NYSE HWM opened at $260.05 on Thursday. The business has a 50 day simple moving average of $227.68 and a 200 day simple moving average of $204.98. Howmet Aerospace Inc. has a 52 week low of $105.04 and a 52 week high of $267.31. The stock has a market cap of $104.26 billion, a price-to-earnings ratio of 70.09, a PEG ratio of 2.40 and a beta of 1.21. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.09 and a current ratio of 2.13.

Howmet Aerospace (NYSE:HWM) last issued its quarterly earnings data on Thursday, February 12th. The company reported $1.05 earnings per share for the quarter, beating the consensus estimate of $0.97 by $0.08. The firm 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%. The company’s revenue for the quarter was up 14.6% on a year-over-year basis. During the same quarter last year, the firm earned $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. On average, research analysts predict that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 25th. Investors of record on Friday, February 6th were issued a $0.12 dividend. The ex-dividend date was Friday, February 6th. This represents a $0.48 dividend on an annualized basis and a yield of 0.2%. Howmet Aerospace’s dividend payout ratio is currently 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.