Public Employees Retirement System of Ohio Trims Position in Howmet Aerospace Inc. $HWM

Public Employees Retirement System of Ohio cut its stake in shares of Howmet Aerospace Inc. (NYSE:HWM) by 24.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 129,600 shares of the company’s stock after selling 43,083 shares during the period. Public Employees Retirement System of Ohio’s holdings in Howmet Aerospace were worth $29,868,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Universal Beteiligungs und Servicegesellschaft mbH grew its position in shares of Howmet Aerospace by 8.2% during the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 475,814 shares of the company’s stock valued at $96,916,000 after purchasing an additional 36,195 shares in the last quarter. M&T Bank Corp increased its holdings in shares of Howmet Aerospace by 75.0% in the fourth quarter. M&T Bank Corp now owns 42,975 shares of the company’s stock worth $8,810,000 after purchasing an additional 18,417 shares during the period. MUFG Securities EMEA plc increased its holdings in shares of Howmet Aerospace by 752.6% in the fourth quarter. MUFG Securities EMEA plc now owns 65,783 shares of the company’s stock worth $13,487,000 after purchasing an additional 58,067 shares during the period. Sequoia Financial Advisors LLC raised its position in shares of Howmet Aerospace by 57.5% in the fourth quarter. Sequoia Financial Advisors LLC now owns 14,190 shares of the company’s stock worth $2,909,000 after buying an additional 5,181 shares in the last quarter. Finally, Asset Management One Co. Ltd. raised its position in shares of Howmet Aerospace by 4.0% in the fourth quarter. Asset Management One Co. Ltd. now owns 194,734 shares of the company’s stock worth $40,777,000 after buying an additional 7,508 shares in the last quarter. 90.46% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms recently commented on HWM. TD Cowen boosted their target price on Howmet Aerospace from $300.00 to $320.00 and gave the stock a “buy” rating in a research report on Monday, July 13th. BTIG Research raised their price target on Howmet Aerospace from $275.00 to $300.00 and gave the company a “buy” rating in a report on Friday, May 8th. Weiss Ratings reiterated a “buy (b)” rating on shares of Howmet Aerospace in a research report on Friday, July 17th. BNP Paribas Exane reiterated an “outperform” rating and set a $340.00 price target (up from $265.00) on shares of Howmet Aerospace in a research report on Friday, May 8th. Finally, JPMorgan Chase & Co. boosted their price objective on Howmet Aerospace from $265.00 to $310.00 and gave the stock an “overweight” rating in a report on Monday, May 11th. Eighteen equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $293.21.

Insider Transactions at Howmet Aerospace

In other news, EVP Neil Edward Marchuk sold 41,932 shares of the company’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $269.50, for a total value of $11,300,674.00. Following the completion of the transaction, the executive vice president directly owned 65,105 shares in the company, valued at approximately $17,545,797.50. This represents a 39.18% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.85% of the stock is currently owned by company insiders.

Howmet Aerospace Stock Performance

NYSE HWM opened at $289.09 on Friday. Howmet Aerospace Inc. has a 52-week low of $169.45 and a 52-week high of $293.00. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.59 and a current ratio of 2.44. The company has a market capitalization of $115.67 billion, a P/E ratio of 67.07, a P/E/G ratio of 2.25 and a beta of 1.19. The company has a fifty day moving average of $267.50 and a 200-day moving average of $249.26.

Howmet Aerospace (NYSE:HWM) last announced its 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 company had revenue of $2.31 billion during the quarter, compared to analyst estimates of $2.24 billion. Howmet Aerospace had a net margin of 20.23% and a return on equity of 29.27%. The firm’s quarterly revenue was up 19.1% compared to the same quarter last year. During the same period in the previous year, the business earned $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. As a group, equities research analysts predict that Howmet Aerospace Inc. will post 5.05 EPS for the current fiscal year.

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.