Howmet Aerospace Inc. $HWM Shares Acquired by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al lifted its stake in shares of Howmet Aerospace Inc. (NYSE:HWM) by 6.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 200,800 shares of the company’s stock after purchasing an additional 11,600 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Howmet Aerospace were worth $41,168,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in HWM. Brighton Jones LLC grew its holdings in Howmet Aerospace by 5.4% in the 4th quarter. Brighton Jones LLC now owns 2,548 shares of the company’s stock worth $279,000 after buying an additional 130 shares in the last quarter. Acadian Asset Management LLC bought a new position in Howmet Aerospace in the 1st quarter worth approximately $399,000. Sivia Capital Partners LLC bought a new position in Howmet Aerospace in the 2nd quarter worth approximately $216,000. Brown Advisory Inc. grew its holdings in Howmet Aerospace by 31.0% in the 2nd quarter. Brown Advisory Inc. now owns 4,180 shares of the company’s stock worth $778,000 after buying an additional 990 shares in the last quarter. Finally, Cary Street Partners Financial LLC bought a new position in Howmet Aerospace in the 2nd quarter worth approximately $145,000. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Howmet Aerospace Price Performance

HWM opened at $270.01 on Wednesday. The stock has a fifty day moving average of $246.53 and a 200-day moving average of $225.20. The firm has a market capitalization of $108.03 billion, a P/E ratio of 62.65, a PEG ratio of 2.31 and a beta of 1.19. Howmet Aerospace Inc. has a 12-month low of $155.22 and a 12-month high of $280.74. 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 released 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 company had revenue of $2.31 billion during the quarter, compared to analyst estimates of $2.24 billion. Howmet Aerospace had a return on equity of 29.27% and a net margin of 20.23%.The company’s revenue for the quarter was up 19.1% on a year-over-year basis. During the same quarter in the prior year, the company 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. Equities analysts forecast that Howmet Aerospace Inc. will post 4.99 EPS for the current fiscal year.

Howmet Aerospace Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 26th. Investors of record on Friday, May 8th will be 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 is Friday, May 8th. Howmet Aerospace’s dividend payout ratio (DPR) is currently 11.14%.

Insider Buying and Selling at Howmet Aerospace

In related news, EVP Neil Edward Marchuk sold 41,932 shares of the stock in a transaction on Monday, May 11th. The stock was sold at an average price of $269.50, for a total transaction of $11,300,674.00. Following the completion of the sale, the executive vice president directly owned 65,105 shares in the company, valued at approximately $17,545,797.50. This trade represents a 39.18% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Barbara Lou Shultz sold 1,000 shares of the stock in a transaction on 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 approximately $6,207,240. This represents a 4.02% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 88,082 shares of company stock valued at $22,924,929. 0.85% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. BTIG Research increased their price objective on Howmet Aerospace from $275.00 to $300.00 and gave the stock a “buy” rating in a report on Friday, May 8th. Bank of America increased their price objective on Howmet Aerospace from $250.00 to $300.00 and gave the stock a “buy” rating in a report on Friday, February 20th. JPMorgan Chase & Co. increased their price objective on Howmet Aerospace from $265.00 to $310.00 and gave the stock an “overweight” rating in a report on Monday. Jefferies Financial Group reissued a “buy” rating and issued a $320.00 price objective on shares of Howmet Aerospace in a report on Sunday. Finally, KeyCorp assumed coverage on Howmet Aerospace in a report on Wednesday, March 25th. They issued a “sector weight” rating for the company. Eighteen investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $283.84.

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.