Arbejdsmarkedets Tillaegspension Invests $24.92 Million in Howmet Aerospace Inc. $HWM

Arbejdsmarkedets Tillaegspension acquired a new position in Howmet Aerospace Inc. (NYSE:HWM) in the fourth quarter, HoldingsChannel reports. The firm acquired 121,546 shares of the company’s stock, valued at approximately $24,919,000. Howmet Aerospace comprises about 0.6% of Arbejdsmarkedets Tillaegspension’s holdings, making the stock its 10th largest position.

Other hedge funds have also recently made changes to their positions in the company. Newbridge Financial Services Group Inc. increased its stake in shares of 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 period. Sound Income Strategies LLC increased its stake in shares of Howmet Aerospace by 66.7% in the fourth quarter. Sound Income Strategies LLC now owns 125 shares of the company’s stock worth $28,000 after buying an additional 50 shares during the period. Manning & Napier Advisors LLC purchased a new position in shares of Howmet Aerospace in the third quarter worth $32,000. Flagship Wealth Advisors LLC purchased a new position in shares of Howmet Aerospace in the third quarter worth $33,000. Finally, Laurel Wealth Advisors LLC purchased a new position in shares of Howmet Aerospace in the fourth quarter worth $36,000. 90.46% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

HWM has been the topic of several analyst reports. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $280.00 target price on shares of Howmet Aerospace in a research note on Tuesday, February 17th. Truist Financial set a $280.00 target price on shares of Howmet Aerospace in a research note on Wednesday, March 11th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Howmet Aerospace in a research note 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 note on Sunday. Finally, Susquehanna lifted their target price on shares of Howmet Aerospace from $300.00 to $330.00 and gave the stock a “positive” rating in a research note on Friday, May 8th. Eighteen research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $283.84.

Howmet Aerospace Stock Down 0.4%

Shares of Howmet Aerospace stock opened at $272.02 on Friday. The company has a current ratio of 2.44, a quick ratio of 1.59 and a debt-to-equity ratio of 0.73. The company’s fifty day simple moving average is $246.95 and its two-hundred day simple moving average is $226.23. The company has a market cap of $108.84 billion, a P/E ratio of 63.11, a PEG ratio of 2.17 and a beta of 1.19. Howmet Aerospace Inc. has a 12-month low of $159.00 and a 12-month high of $280.74.

Howmet Aerospace (NYSE:HWM) last issued its quarterly earnings data 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 business had revenue of $2.31 billion for the quarter, compared to the consensus estimate of $2.24 billion. Howmet Aerospace had a net margin of 20.23% and a return on equity of 29.27%. The company’s quarterly revenue was up 19.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.86 EPS. 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 anticipate that Howmet Aerospace Inc. will post 5.02 EPS for the current year.

Howmet Aerospace Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 26th. Shareholders of record on Friday, May 8th will be given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Friday, May 8th. Howmet Aerospace’s payout ratio is presently 11.14%.

Insiders Place Their Bets

In other Howmet Aerospace news, EVP Neil Edward Marchuk sold 45,150 shares of the business’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $251.70, for a total transaction of $11,364,255.00. Following the transaction, the executive vice president directly owned 107,008 shares of the company’s stock, valued at approximately $26,933,913.60. The trade was a 29.67% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Barbara Lou Shultz sold 1,000 shares of the business’s stock in a transaction 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 directly owned 23,874 shares in the company, valued at approximately $6,207,240. The trade was a 4.02% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 88,082 shares of company stock worth $22,924,929. Insiders own 0.85% of the company’s stock.

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.