Swiss National Bank Sells 59,300 Shares of Howmet Aerospace Inc. $HWM

Swiss National Bank reduced its position in shares of Howmet Aerospace Inc. (NYSE:HWM) by 5.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,105,484 shares of the company’s stock after selling 59,300 shares during the period. Swiss National Bank owned 0.27% of Howmet Aerospace worth $216,929,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the business. Voya Investment Management LLC increased its position in shares of Howmet Aerospace by 9.1% during the third quarter. Voya Investment Management LLC now owns 1,247,220 shares of the company’s stock valued at $244,742,000 after buying an additional 104,207 shares during the period. Nordea Investment Management AB boosted its position in Howmet Aerospace by 59.2% during the 3rd quarter. Nordea Investment Management AB now owns 1,401,335 shares of the company’s stock valued at $273,288,000 after acquiring an additional 521,180 shares in the last quarter. GRIMES & Co WEALTH MANAGEMENT LLC purchased a new position in shares of Howmet Aerospace during the 3rd quarter worth approximately $1,581,000. LBP AM SA raised its position in shares of Howmet Aerospace by 18.0% in the 3rd quarter. LBP AM SA now owns 68,499 shares of the company’s stock worth $13,442,000 after acquiring an additional 10,460 shares in the last quarter. Finally, Greenup Street Wealth Management LLC lifted its stake in shares of Howmet Aerospace by 76.3% in the 3rd quarter. Greenup Street Wealth Management LLC now owns 20,972 shares of the company’s stock valued at $4,115,000 after purchasing an additional 9,078 shares during the period. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Analyst Ratings Changes

HWM has been the subject of a number of research reports. Susquehanna increased their price objective on Howmet Aerospace from $255.00 to $290.00 and gave the stock a “positive” rating in a report on Friday, February 13th. Truist Financial set a $258.00 target price on shares of Howmet Aerospace in a research note on Friday, January 9th. UBS Group upped their price target on Howmet Aerospace from $228.00 to $260.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 17th. Royal Bank Of Canada reissued an “outperform” rating and issued a $275.00 target price on shares of Howmet Aerospace in a research note on Friday, February 13th. Finally, Sanford C. Bernstein reiterated an “outperform” rating and issued a $280.00 price target on shares of Howmet Aerospace in a research note on Tuesday, February 17th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $252.95.

Insider Activity at Howmet Aerospace

In related news, VP Barbara Lou Shultz sold 1,000 shares of the stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $260.00, for a total transaction of $260,000.00. Following the transaction, the vice president owned 23,874 shares in the company, valued at $6,207,240. This represents a 4.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Neil Edward Marchuk sold 45,150 shares of the firm’s stock in a transaction that occurred 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 sale, the executive vice president owned 107,008 shares in the company, valued at $26,933,913.60. This represents a 29.67% decrease in their position. The SEC filing for this sale provides additional information. 1.12% of the stock is owned by insiders.

Howmet Aerospace Trading Up 1.6%

Howmet Aerospace stock opened at $254.07 on Tuesday. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.13 and a quick ratio of 1.09. Howmet Aerospace Inc. has a one year low of $105.04 and a one year high of $267.31. The stock has a market capitalization of $101.87 billion, a PE ratio of 68.48, a price-to-earnings-growth ratio of 2.32 and a beta of 1.20. The business’s fifty day moving average is $230.14 and its 200 day moving average is $206.89.

Howmet Aerospace (NYSE:HWM) last issued its earnings results on Thursday, February 12th. The company reported $1.05 earnings per share for the quarter, topping analysts’ consensus estimates of $0.97 by $0.08. The business had revenue of $2.17 billion during the quarter, compared to analyst estimates of $2.12 billion. Howmet Aerospace had a return on equity of 30.41% and a net margin of 18.27%.Howmet Aerospace’s revenue was up 14.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.77 EPS. 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. On average, sell-side analysts predict that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 25th. Stockholders of record on Friday, February 6th were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend was Friday, February 6th. Howmet Aerospace’s payout ratio is presently 12.94%.

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.