Howmet Aerospace (NYSE:HWM) EVP Neil Edward Marchuk Sells 41,932 Shares of Stock

Howmet Aerospace Inc. (NYSE:HWM) EVP Neil Edward Marchuk sold 41,932 shares of Howmet Aerospace stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $269.50, for a total transaction of $11,300,674.00. Following the transaction, the executive vice president directly owned 65,105 shares of the company’s stock, valued at approximately $17,545,797.50. This trade represents a 39.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Neil Edward Marchuk also recently made the following trade(s):

• On Wednesday, February 18th, Neil Edward Marchuk sold 45,150 shares of Howmet Aerospace stock. The shares were sold at an average price of $251.70, for a total transaction of $11,364,255.00.

Howmet Aerospace Trading Down 1.3%

Shares of NYSE HWM opened at $270.01 on Wednesday. Howmet Aerospace Inc. has a 1 year low of $155.22 and a 1 year high of $280.74. The stock has a market cap of $108.03 billion, a P/E ratio of 62.65, a price-to-earnings-growth ratio of 2.31 and a beta of 1.19. The firm has a 50-day moving average of $246.53 and a 200 day moving average of $225.20. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.44 and a quick ratio of 1.59.

Howmet Aerospace (NYSE:HWM) last issued its quarterly earnings results on Thursday, May 7th. The company reported $1.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 analysts’ expectations of $2.24 billion. During the same period last year, the company posted $0.86 EPS. Howmet Aerospace’s revenue was up 19.1% on a year-over-year basis. 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, sell-side analysts expect that Howmet Aerospace Inc. will post 4.99 EPS for the current fiscal year.

Howmet Aerospace Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 26th. Shareholders of record on Friday, May 8th will be paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Friday, May 8th. Howmet Aerospace’s dividend payout ratio (DPR) is currently 11.14%.

Analyst Upgrades and Downgrades

HWM has been the subject of a number of analyst reports. JPMorgan Chase & Co. raised their price objective on shares of Howmet Aerospace from $265.00 to $310.00 and gave the company an “overweight” rating in a research note on Monday. Wolfe Research set a $270.00 price objective on shares of Howmet Aerospace and gave the company an “outperform” rating in a research note on Wednesday, March 11th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $320.00 price objective on shares of Howmet Aerospace in a research note on Friday. Morgan Stanley restated an “overweight” rating and set a $315.00 price objective on shares of Howmet Aerospace in a research note on Friday. Finally, Wells Fargo & Company started coverage on shares of Howmet Aerospace in a research note on Wednesday, April 1st. They set an “equal weight” rating and a $240.00 price objective for the company. Eighteen investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $283.84.

Institutional Trading of Howmet Aerospace

A number of institutional investors have recently made changes to their positions in the stock. Nordea Investment Management AB boosted its holdings in shares of 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 buying an additional 521,180 shares during the last quarter. Silverleafe Capital Partners LLC boosted its holdings in shares of Howmet Aerospace by 339.3% in the fourth quarter. Silverleafe Capital Partners LLC now owns 5,847 shares of the company’s stock worth $1,199,000 after buying an additional 4,516 shares during the last quarter. GRIMES & Co WEALTH MANAGEMENT LLC purchased a new position in shares of Howmet Aerospace in the third quarter worth approximately $1,581,000. LBP AM SA boosted its holdings in shares of Howmet Aerospace by 18.0% in the third quarter. LBP AM SA now owns 68,499 shares of the company’s stock worth $13,442,000 after buying an additional 10,460 shares during the last quarter. Finally, Stratos Wealth Partners LTD. boosted its holdings in shares of Howmet Aerospace by 20.3% in the third quarter. Stratos Wealth Partners LTD. now owns 153,889 shares of the company’s stock worth $30,198,000 after buying an additional 25,957 shares during the last quarter. Hedge funds and other institutional investors own 90.46% of the company’s stock.

About Howmet Aerospace

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.