State of Wyoming Reduces Stake in Howmet Aerospace Inc. $HWM

State of Wyoming lowered its stake in Howmet Aerospace Inc. (NYSE:HWM) by 58.5% in the 1st quarter, HoldingsChannel reports. The fund owned 1,249 shares of the company’s stock after selling 1,763 shares during the period. State of Wyoming’s holdings in Howmet Aerospace were worth $288,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in HWM. Acumen Wealth Advisors LLC purchased a new position in shares of Howmet Aerospace in the 4th quarter worth approximately $25,000. Sound Income Strategies LLC raised its holdings in Howmet Aerospace by 66.7% during the 4th quarter. Sound Income Strategies LLC now owns 125 shares of the company’s stock valued at $28,000 after buying an additional 50 shares during the period. Newbridge Financial Services Group Inc. lifted its position in Howmet Aerospace by 119.7% in the second quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock worth $25,000 after buying an additional 73 shares during the last quarter. Vermillion & White Wealth Management Group LLC lifted its position in Howmet Aerospace by 65.1% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 137 shares of the company’s stock worth $28,000 after buying an additional 54 shares during the last quarter. Finally, Mcguire Capital Advisors Inc. purchased a new position in Howmet Aerospace during the fourth quarter worth $28,000. 90.46% of the stock is owned by institutional investors.

Howmet Aerospace Stock Performance

HWM stock opened at $286.84 on Wednesday. Howmet Aerospace Inc. has a twelve month low of $169.45 and a twelve month high of $295.28. The firm has a market cap of $114.77 billion, a price-to-earnings ratio of 66.55, a PEG ratio of 2.26 and a beta of 1.19. The business’s fifty day simple moving average is $268.81 and its two-hundred day simple moving average is $250.57. The company has a quick ratio of 1.59, a current ratio of 2.44 and a debt-to-equity ratio of 0.73.

Howmet Aerospace (NYSE:HWM) last issued its 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. The firm 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 business’s revenue was up 19.1% on a year-over-year basis. During the same period in the previous year, the firm 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. Analysts predict that Howmet Aerospace Inc. will post 5.05 earnings per share for the current year.

Howmet Aerospace Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 25th. Shareholders of record on Friday, August 7th will be given a $0.14 dividend. This is a positive change from Howmet Aerospace’s previous quarterly dividend of $0.12. The ex-dividend date of this dividend is Friday, August 7th. This represents a $0.56 annualized dividend and a yield of 0.2%. Howmet Aerospace’s dividend payout ratio is presently 11.14%.

Insider Transactions at Howmet Aerospace

In other Howmet Aerospace news, EVP Neil Edward Marchuk sold 41,932 shares of the company’s stock in a transaction dated 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 transaction, the executive vice president directly owned 65,105 shares in the company, valued at $17,545,797.50. This represents a 39.18% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.85% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

HWM has been the topic of a number of analyst reports. BNP Paribas Exane reiterated an “outperform” rating and set a $340.00 price objective (up from $265.00) on shares of Howmet Aerospace in a research report on Friday, May 8th. Wall Street Zen cut shares of Howmet Aerospace from a “strong-buy” rating to a “buy” rating in a research note on Sunday, July 5th. Morgan Stanley reiterated an “overweight” rating and set a $315.00 price target on shares of Howmet Aerospace in a report on Friday, May 8th. Susquehanna increased their price objective on shares of Howmet Aerospace from $300.00 to $330.00 and gave the stock a “positive” rating in a research report on Friday, May 8th. Finally, Royal Bank Of Canada raised their price objective on shares of Howmet Aerospace from $300.00 to $325.00 and gave the stock an “outperform” rating in a research note on Monday. Eighteen research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $294.53.

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.