Ilmarinen Mutual Pension Insurance Co Invests $4.10 Million in Howmet Aerospace Inc. $HWM

Ilmarinen Mutual Pension Insurance Co bought a new position in Howmet Aerospace Inc. (NYSE:HWM) in the 4th quarter, HoldingsChannel reports. The fund bought 20,000 shares of the company’s stock, valued at approximately $4,100,000.

Several other hedge funds also recently made changes to their positions in the company. Intech Investment Management LLC grew its position in shares of Howmet Aerospace by 10.7% in the 4th quarter. Intech Investment Management LLC now owns 57,430 shares of the company’s stock worth $11,774,000 after acquiring an additional 5,528 shares in the last quarter. Baker Avenue Asset Management LP boosted its holdings in shares of Howmet Aerospace by 9.6% in the 4th quarter. Baker Avenue Asset Management LP now owns 2,268 shares of the company’s stock valued at $465,000 after buying an additional 198 shares during the period. Huntington National Bank boosted its holdings in shares of Howmet Aerospace by 18.1% in the 4th quarter. Huntington National Bank now owns 2,912 shares of the company’s stock valued at $597,000 after buying an additional 446 shares during the period. Severin Investments LLC boosted its holdings in shares of Howmet Aerospace by 8.8% in the 4th quarter. Severin Investments LLC now owns 4,709 shares of the company’s stock valued at $966,000 after buying an additional 380 shares during the period. Finally, Waystone Advisors LLC acquired a new position in shares of Howmet Aerospace in the 4th quarter valued at about $421,000. Institutional investors and hedge funds own 90.46% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently commented on HWM. Royal Bank Of Canada lifted their price target on shares of Howmet Aerospace from $275.00 to $300.00 and gave the company an “outperform” rating in a report on Wednesday, March 11th. Bank of America boosted their price objective on Howmet Aerospace from $250.00 to $300.00 and gave the company a “buy” rating in a research report on Friday, February 20th. Wells Fargo & Company initiated coverage on Howmet Aerospace in a research report on Wednesday, April 1st. They set an “equal weight” rating and a $240.00 price objective for the company. Citigroup boosted their price objective on Howmet Aerospace from $271.00 to $303.00 and gave the company a “buy” rating in a research report on Monday, May 18th. Finally, Morgan Stanley restated an “overweight” rating and set a $315.00 price objective on shares of Howmet Aerospace in a research report on Friday, May 8th. Eighteen analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $285.53.

Insider Buying and Selling at Howmet Aerospace

In other news, EVP Neil Edward Marchuk sold 41,932 shares of the company’s stock in a transaction that occurred 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 sale, the executive vice president directly owned 65,105 shares of the company’s stock, valued at approximately $17,545,797.50. This represents a 39.18% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.85% of the company’s stock.

Howmet Aerospace Trading Down 0.5%

Howmet Aerospace stock opened at $258.61 on Friday. The company has a quick ratio of 1.59, a current ratio of 2.44 and a debt-to-equity ratio of 0.73. The firm has a 50-day moving average price of $249.31 and a two-hundred day moving average price of $230.22. The firm has a market capitalization of $103.47 billion, a price-to-earnings ratio of 60.00, a PEG ratio of 2.06 and a beta of 1.19. Howmet Aerospace Inc. has a 52-week low of $165.51 and a 52-week high of $280.74.

Howmet Aerospace (NYSE:HWM) last announced its quarterly earnings results on Thursday, May 7th. The company reported $1.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.11 by $0.11. Howmet Aerospace had a return on equity of 29.27% and a net margin of 20.23%.The company had revenue of $2.31 billion during the quarter, compared to analyst estimates of $2.24 billion. During the same quarter in the previous year, the firm posted $0.86 EPS. The firm’s quarterly 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. Sell-side analysts expect that Howmet Aerospace Inc. will post 5.04 earnings per share for the current year.

Howmet Aerospace Dividend Announcement

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

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.