Investment Management Corp of Ontario Raises Position in Howmet Aerospace Inc. $HWM

Investment Management Corp of Ontario raised its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM) by 7.0% during the 4th quarter, HoldingsChannel reports. The fund owned 185,187 shares of the company’s stock after acquiring an additional 12,131 shares during the quarter. Howmet Aerospace comprises approximately 0.5% of Investment Management Corp of Ontario’s portfolio, making the stock its 29th biggest holding. Investment Management Corp of Ontario’s holdings in Howmet Aerospace were worth $37,967,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also modified their holdings of the company. Silverleafe Capital Partners LLC boosted its stake in shares of Howmet Aerospace by 339.3% during the 4th quarter. Silverleafe Capital Partners LLC now owns 5,847 shares of the company’s stock worth $1,199,000 after acquiring an additional 4,516 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH boosted its stake in shares of Howmet Aerospace by 8.2% during the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 475,814 shares of the company’s stock worth $96,916,000 after acquiring an additional 36,195 shares during the last quarter. M&T Bank Corp boosted its stake in shares of Howmet Aerospace by 75.0% during the 4th quarter. M&T Bank Corp now owns 42,975 shares of the company’s stock worth $8,810,000 after acquiring an additional 18,417 shares during the last quarter. Munich Reinsurance Co Stock Corp in Munich purchased a new position in shares of Howmet Aerospace during the 3rd quarter worth $33,583,000. Finally, Asset Management One Co. Ltd. boosted its stake in shares of Howmet Aerospace by 4.0% during the 4th quarter. Asset Management One Co. Ltd. now owns 194,734 shares of the company’s stock worth $40,777,000 after acquiring an additional 7,508 shares during the last quarter. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Insider Buying and Selling

In other news, EVP Neil Edward Marchuk sold 41,932 shares of the business’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 sale, the executive vice president directly owned 65,105 shares in the company, valued at $17,545,797.50. The trade was a 39.18% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.85% of the stock is currently owned by insiders.

Howmet Aerospace Stock Up 2.2%

Shares of HWM stock opened at $283.54 on Thursday. The stock has a market cap of $113.45 billion, a P/E ratio of 65.79, a PEG ratio of 2.20 and a beta of 1.19. Howmet Aerospace Inc. has a 52 week low of $169.06 and a 52 week high of $285.63. The company has a quick ratio of 1.59, a current ratio of 2.44 and a debt-to-equity ratio of 0.73. The company’s fifty day simple moving average is $256.07 and its two-hundred day simple moving average is $235.58.

Howmet Aerospace (NYSE:HWM) last announced its quarterly earnings results on Thursday, May 7th. The company reported $1.22 EPS for the quarter, topping the consensus estimate of $1.11 by $0.11. The business had revenue of $2.31 billion for 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 previous year, the company 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. Analysts predict that Howmet Aerospace Inc. will post 5.04 EPS for the current fiscal year.

Howmet Aerospace Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, May 26th. Shareholders of record on Friday, May 8th were paid a $0.12 dividend. The ex-dividend date was Friday, May 8th. This represents a $0.48 annualized dividend and a yield of 0.2%. Howmet Aerospace’s payout ratio is presently 11.14%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on HWM shares. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $320.00 price target on shares of Howmet Aerospace in a research note on Friday, May 8th. JPMorgan Chase & Co. lifted their target price on shares of Howmet Aerospace from $265.00 to $310.00 and gave the company an “overweight” rating in a research note on Monday, May 11th. BNP Paribas Exane restated an “outperform” rating and set a $340.00 target price (up from $265.00) on shares of Howmet Aerospace in a research note on Friday, May 8th. KeyCorp began coverage on shares of Howmet Aerospace in a research note on Wednesday, March 25th. They set a “sector weight” rating on the stock. Finally, Royal Bank Of Canada lifted their target price on shares of Howmet Aerospace from $275.00 to $300.00 and gave the company an “outperform” rating in a research note on Wednesday, March 11th. Eighteen investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $287.53.

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.