Howmet Aerospace Inc. $HWM Shares Acquired by OMERS ADMINISTRATION Corp

OMERS ADMINISTRATION Corp increased its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM) by 89.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 30,833 shares of the company’s stock after purchasing an additional 14,516 shares during the quarter. OMERS ADMINISTRATION Corp’s holdings in Howmet Aerospace were worth $7,106,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in HWM. Brighton Jones LLC lifted its position in shares of Howmet Aerospace by 5.4% during the 4th quarter. Brighton Jones LLC now owns 2,548 shares of the company’s stock worth $279,000 after buying an additional 130 shares during the last quarter. Acadian Asset Management LLC purchased a new position in shares of Howmet Aerospace in the 1st quarter valued at $399,000. Sivia Capital Partners LLC purchased a new position in shares of Howmet Aerospace in the 2nd quarter valued at $216,000. Brown Advisory Inc. raised its stake in Howmet Aerospace by 31.0% during the 2nd quarter. Brown Advisory Inc. now owns 4,180 shares of the company’s stock worth $778,000 after acquiring an additional 990 shares in the last quarter. Finally, Cary Street Partners Financial LLC acquired a new stake in Howmet Aerospace during the 2nd quarter worth $145,000. 90.46% of the stock is owned by institutional investors and hedge funds.

Howmet Aerospace Trading Down 0.1%

Shares of HWM stock opened at $289.09 on Monday. The company has a market capitalization of $115.67 billion, a P/E ratio of 67.07, a price-to-earnings-growth ratio of 2.27 and a beta of 1.19. The company has a current ratio of 2.44, a quick ratio of 1.59 and a debt-to-equity ratio of 0.73. The business’s 50 day moving average is $267.50 and its two-hundred day moving average is $249.52. Howmet Aerospace Inc. has a twelve month low of $169.45 and a twelve month high of $293.00.

Howmet Aerospace (NYSE:HWM) last posted its quarterly 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. The firm had revenue of $2.31 billion during the quarter, compared to analysts’ expectations of $2.24 billion. Howmet Aerospace had a net margin of 20.23% and a return on equity of 29.27%. The firm’s revenue for the quarter was up 19.1% on a year-over-year basis. During the same period in the prior year, the company posted $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. Equities analysts forecast that Howmet Aerospace Inc. will post 5.05 EPS for the current year.

Insider Activity

In related news, EVP Neil Edward Marchuk sold 41,932 shares of Howmet Aerospace stock in a transaction on Monday, May 11th. The stock was sold at an average price of $269.50, for a total transaction of $11,300,674.00. Following the completion of the transaction, the executive vice president directly owned 65,105 shares of the company’s stock, 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 document filed with the SEC, which can be accessed through this link. Insiders own 0.85% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the stock. Weiss Ratings restated a “buy (b)” rating on shares of Howmet Aerospace in a research note on Friday, July 17th. JPMorgan Chase & Co. lifted their target price on Howmet Aerospace from $265.00 to $310.00 and gave the stock an “overweight” rating in a research report on Monday, May 11th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $320.00 target price on shares of Howmet Aerospace in a report on Friday, May 8th. Wall Street Zen cut Howmet Aerospace from a “strong-buy” rating to a “buy” rating in a research report on Sunday, July 5th. Finally, TD Cowen raised their price target on Howmet Aerospace from $300.00 to $320.00 and gave the stock a “buy” rating in a research note on Monday, July 13th. Eighteen research 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, the stock presently has an average rating of “Moderate Buy” and an average price target of $293.21.

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.