Neil Edward Marchuk Sells 41,932 Shares of Howmet Aerospace (NYSE:HWM) Stock

Howmet Aerospace Inc. (NYSE:HWM) EVP Neil Edward Marchuk sold 41,932 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $269.50, for a total transaction of $11,300,674.00. Following the transaction, the executive vice president owned 65,105 shares of the company’s stock, valued at approximately $17,545,797.50. This represents a 39.18% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Neil Edward Marchuk also recently made the following trade(s):

• On Wednesday, February 18th, Neil Edward Marchuk sold 45,150 shares of Howmet Aerospace stock. The shares were sold at an average price of $251.70, for a total transaction of $11,364,255.00.

Howmet Aerospace Stock Down 1.3%

Shares of Howmet Aerospace stock traded down $3.57 on Tuesday, hitting $270.01. The company had a trading volume of 2,303,461 shares, compared to its average volume of 2,532,980. The firm has a market capitalization of $108.03 billion, a P/E ratio of 62.65, a P/E/G ratio of 2.31 and a beta of 1.19. Howmet Aerospace Inc. has a twelve month low of $155.22 and a twelve month high of $280.74. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.44 and a quick ratio of 1.59. The stock has a 50-day moving average of $246.53 and a 200-day moving average of $225.20.

Howmet Aerospace (NYSE:HWM) last released its quarterly earnings results on Thursday, May 7th. The company reported $1.22 earnings per share for the quarter, beating the consensus estimate of $1.11 by $0.11. The company had revenue of $2.31 billion during the quarter, compared to analysts’ expectations of $2.24 billion. Howmet Aerospace had a net margin of 20.23% and a return on equity of 29.27%. The business’s quarterly revenue was up 19.1% compared to the same quarter last year. 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. Research analysts predict that Howmet Aerospace Inc. will post 4.99 earnings per share for the current year.

Howmet Aerospace Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, May 26th. Stockholders of record on Friday, May 8th will be issued a $0.12 dividend. 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 is 11.14%.

Institutional Trading of Howmet Aerospace

Large investors have recently added to or reduced their stakes in the company. Marin Bay Wealth Advisors LLC lifted its stake in shares of Howmet Aerospace by 9.4% during the 1st quarter. Marin Bay Wealth Advisors LLC now owns 1,126 shares of the company’s stock worth $259,000 after buying an additional 97 shares during the last quarter. Chase Investment Counsel Corp lifted its stake in shares of Howmet Aerospace by 5.9% during the 1st quarter. Chase Investment Counsel Corp now owns 43,582 shares of the company’s stock worth $10,043,000 after buying an additional 2,410 shares during the last quarter. Telligent Fund LP lifted its stake in shares of Howmet Aerospace by 37.5% during the 1st quarter. Telligent Fund LP now owns 16,500 shares of the company’s stock worth $3,803,000 after buying an additional 4,500 shares during the last quarter. Danica Pension Livsforsikringsaktieselskab acquired a new stake in shares of Howmet Aerospace during the 1st quarter worth about $9,861,000. Finally, Bellwether Advisors LLC acquired a new stake in shares of Howmet Aerospace during the 1st quarter worth about $2,231,000. Institutional investors and hedge funds own 90.46% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. UBS Group upped their price target on shares of Howmet Aerospace from $260.00 to $290.00 and gave the company a “neutral” rating in a report on Friday. Truist Financial set a $280.00 price target on shares of Howmet Aerospace in a report on Wednesday, March 11th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Howmet Aerospace in a research report on Tuesday, April 21st. Jefferies Financial Group reaffirmed a “buy” rating and issued a $320.00 target price on shares of Howmet Aerospace in a research report on Sunday. Finally, Wolfe Research set a $270.00 target price on shares of Howmet Aerospace and gave the company an “outperform” rating in a research report on Wednesday, March 11th. Eighteen research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $283.84.

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.