Legal & General Group Plc Has $493.67 Million Holdings in Howmet Aerospace Inc. $HWM

Legal & General Group Plc boosted its position in shares of Howmet Aerospace Inc. (NYSE:HWM) by 13.9% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 2,515,792 shares of the company’s stock after purchasing an additional 306,541 shares during the quarter. Legal & General Group Plc’s holdings in Howmet Aerospace were worth $493,674,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Global Trust Asset Management LLC raised its position in shares of Howmet Aerospace by 1.2% during the 3rd quarter. Global Trust Asset Management LLC now owns 4,110 shares of the company’s stock valued at $807,000 after acquiring an additional 50 shares during the last quarter. REAP Financial Group LLC grew its stake in shares of Howmet Aerospace by 24.1% during the third quarter. REAP Financial Group LLC now owns 263 shares of the company’s stock worth $52,000 after purchasing an additional 51 shares during the period. Parallel Advisors LLC increased its holdings in Howmet Aerospace by 1.7% in the third quarter. Parallel Advisors LLC now owns 3,134 shares of the company’s stock valued at $615,000 after purchasing an additional 51 shares during the last quarter. Tradewinds Capital Management LLC boosted its holdings in Howmet Aerospace by 52.0% during the third quarter. Tradewinds Capital Management LLC now owns 152 shares of the company’s stock worth $30,000 after buying an additional 52 shares during the last quarter. Finally, Wedbush Securities Inc. grew its position in shares of Howmet Aerospace by 1.4% during the 3rd quarter. Wedbush Securities Inc. now owns 3,885 shares of the company’s stock worth $762,000 after buying an additional 52 shares during the period. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Howmet Aerospace in a research note on Thursday, January 22nd. Sanford C. Bernstein restated an “outperform” rating and issued a $280.00 price objective on shares of Howmet Aerospace in a research report on Tuesday, February 17th. Citigroup lifted their price target on Howmet Aerospace from $255.00 to $283.00 and gave the company a “buy” rating in a research note on Tuesday, February 17th. BNP Paribas Exane started coverage on shares of Howmet Aerospace in a research report on Tuesday, November 18th. They issued an “outperform” rating and a $240.00 price objective on the stock. Finally, Wall Street Zen raised Howmet Aerospace from a “hold” rating to a “buy” rating in a research report on Sunday, January 18th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, Howmet Aerospace has a consensus rating of “Moderate Buy” and an average price target of $252.95.

Insiders Place Their Bets

In other Howmet Aerospace news, VP Barbara Lou Shultz sold 1,000 shares of the firm’s stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $260.00, for a total value of $260,000.00. Following the sale, the vice president owned 23,874 shares of the company’s stock, valued at $6,207,240. This trade represents a 4.02% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Neil Edward Marchuk sold 45,150 shares of the company’s stock in a transaction on 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 transaction, the executive vice president owned 107,008 shares of the company’s stock, valued at $26,933,913.60. This trade represents a 29.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.12% of the stock is owned by corporate insiders.

Howmet Aerospace Stock Down 0.1%

Howmet Aerospace stock opened at $253.97 on Wednesday. The company has a market capitalization of $101.83 billion, a PE ratio of 68.46, a PEG ratio of 2.36 and a beta of 1.21. The firm’s fifty day moving average is $231.06 and its 200 day moving average is $207.48. The company has a quick ratio of 1.09, a current ratio of 2.13 and a debt-to-equity ratio of 0.53. Howmet Aerospace Inc. has a 12-month low of $105.04 and a 12-month high of $267.31.

Howmet Aerospace (NYSE:HWM) last released its quarterly earnings data on Thursday, February 12th. The company reported $1.05 earnings per share for the quarter, beating analysts’ consensus estimates 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 business’s quarterly revenue was up 14.6% compared to the same quarter last year. During the same period 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. As a group, sell-side analysts predict that Howmet Aerospace Inc. will post 3.27 EPS for the current fiscal year.

Howmet Aerospace Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, February 25th. Investors of record on Friday, February 6th were issued 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, February 6th. Howmet Aerospace’s payout ratio is 12.94%.

Howmet Aerospace 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.