Howmet Aerospace Inc. $HWM Shares Sold by State of Alaska Department of Revenue

State of Alaska Department of Revenue reduced its position in shares of Howmet Aerospace Inc. (NYSE:HWM) by 7.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 39,865 shares of the company’s stock after selling 3,390 shares during the quarter. State of Alaska Department of Revenue’s holdings in Howmet Aerospace were worth $8,173,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Newbridge Financial Services Group Inc. boosted its stake in shares of Howmet Aerospace by 119.7% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock worth $25,000 after purchasing an additional 73 shares during the last quarter. Sound Income Strategies LLC boosted its stake in shares of Howmet Aerospace by 66.7% during the 4th quarter. Sound Income Strategies LLC now owns 125 shares of the company’s stock worth $28,000 after purchasing an additional 50 shares during the last quarter. Tradewinds Capital Management LLC boosted its stake in shares of Howmet Aerospace by 52.0% during the 3rd quarter. Tradewinds Capital Management LLC now owns 152 shares of the company’s stock worth $30,000 after purchasing an additional 52 shares during the last quarter. Manning & Napier Advisors LLC acquired a new stake in shares of Howmet Aerospace during the 3rd quarter worth about $32,000. Finally, Flagship Wealth Advisors LLC acquired a new stake in shares of Howmet Aerospace during the 3rd quarter worth about $33,000. 90.46% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on HWM shares. JPMorgan Chase & Co. raised their price target on shares of Howmet Aerospace from $227.00 to $265.00 and gave the stock an “overweight” rating in a research note on Thursday, February 19th. Bank of America raised their price target on shares of Howmet Aerospace from $250.00 to $300.00 and gave the stock a “buy” rating in a research note on Friday, February 20th. Morgan Stanley reissued an “overweight” rating and issued a $280.00 target price on shares of Howmet Aerospace in a research report on Friday, February 13th. UBS Group raised their target price on shares of Howmet Aerospace from $228.00 to $260.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 17th. Finally, BTIG Research reissued a “buy” rating and issued a $275.00 target price on shares of Howmet Aerospace in a research report on Tuesday, March 17th. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, Howmet Aerospace presently has an average rating of “Moderate Buy” and a consensus price target of $260.30.

Howmet Aerospace Price Performance

HWM opened at $255.69 on Tuesday. The company’s 50 day simple moving average is $242.43 and its 200 day simple moving average is $217.06. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.09 and a current ratio of 2.13. Howmet Aerospace Inc. has a 1 year low of $118.09 and a 1 year high of $267.31. The stock has a market capitalization of $102.46 billion, a PE ratio of 68.92, a P/E/G ratio of 2.33 and a beta of 1.24.

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

Howmet Aerospace Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 25th. Investors of record on Friday, February 6th were issued a $0.12 dividend. The ex-dividend date was Friday, February 6th. This represents a $0.48 annualized dividend and a yield of 0.2%. Howmet Aerospace’s dividend payout ratio (DPR) is presently 12.94%.

Insider Buying and Selling

In other Howmet Aerospace news, EVP Neil Edward Marchuk sold 45,150 shares of Howmet Aerospace stock in a transaction that occurred 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 $26,933,913.60. The trade was a 29.67% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, VP Barbara Lou Shultz sold 1,000 shares of Howmet Aerospace 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 directly owned 23,874 shares in the company, valued at approximately $6,207,240. This trade represents a 4.02% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 1.12% of the company’s stock.

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.