Harvest Fund Management Co. Ltd Has $2.21 Million Stock Position in Howmet Aerospace Inc. $HWM

Harvest Fund Management Co. Ltd grew its stake in Howmet Aerospace Inc. (NYSE:HWM) by 37.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 10,771 shares of the company’s stock after purchasing an additional 2,921 shares during the quarter. Harvest Fund Management Co. Ltd’s holdings in Howmet Aerospace were worth $2,208,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the stock. Vanguard Group Inc. lifted its stake in shares of Howmet Aerospace by 1.4% in the 3rd quarter. Vanguard Group Inc. now owns 49,139,989 shares of the company’s stock valued at $9,642,740,000 after purchasing an additional 664,595 shares during the period. State Street Corp increased its position in shares of Howmet Aerospace by 1.6% in the 3rd quarter. State Street Corp now owns 17,964,662 shares of the company’s stock valued at $3,525,206,000 after buying an additional 278,587 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Howmet Aerospace by 2.0% in the 4th quarter. Geode Capital Management LLC now owns 11,307,538 shares of the company’s stock valued at $2,316,277,000 after buying an additional 221,775 shares in the last quarter. Bank of America Corp DE increased its position in shares of Howmet Aerospace by 2.4% in the 3rd quarter. Bank of America Corp DE now owns 10,877,771 shares of the company’s stock valued at $2,134,545,000 after buying an additional 255,419 shares in the last quarter. Finally, Norges Bank bought a new stake in shares of Howmet Aerospace in the 4th quarter valued at $1,793,698,000. Institutional investors and hedge funds own 90.46% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently commented on the stock. Weiss Ratings restated a “buy (b)” rating on shares of Howmet Aerospace in a research report on Tuesday, April 21st. Sanford C. Bernstein restated an “outperform” rating and issued a $280.00 price objective on shares of Howmet Aerospace in a research report on Tuesday, February 17th. Citigroup upped their price objective on shares of Howmet Aerospace from $271.00 to $303.00 and gave the company a “buy” rating in a research report on Monday, May 18th. KeyCorp assumed coverage on shares of Howmet Aerospace in a research report on Wednesday, March 25th. They issued a “sector weight” rating for the company. Finally, Jefferies Financial Group restated a “buy” rating and issued a $320.00 price objective on shares of Howmet Aerospace in a research report on Sunday, May 10th. Eighteen equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, Howmet Aerospace currently has a consensus rating of “Moderate Buy” and an average price target of $285.53.

Howmet Aerospace Price Performance

HWM stock opened at $252.01 on Friday. The stock has a 50-day moving average price of $250.83 and a two-hundred day moving average price of $231.82. The stock has a market cap of $100.83 billion, a PE ratio of 58.47, a price-to-earnings-growth ratio of 1.97 and a beta of 1.19. The company has a current ratio of 2.44, a quick ratio of 1.59 and a debt-to-equity ratio of 0.73. Howmet Aerospace Inc. has a 1 year low of $165.51 and a 1 year high of $280.74.

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, topping analysts’ consensus estimates of $1.11 by $0.11. The firm had revenue of $2.31 billion during the quarter, compared to analysts’ expectations 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 was up 19.1% on a year-over-year basis. During the same quarter in the prior 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. Equities analysts forecast that Howmet Aerospace Inc. will post 5.04 EPS for the current fiscal year.

Howmet Aerospace Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, May 26th. Shareholders of record on Friday, May 8th were issued 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 was Friday, May 8th. Howmet Aerospace’s dividend payout ratio is 11.14%.

Insider Transactions at Howmet Aerospace

In other Howmet Aerospace news, EVP Neil Edward Marchuk sold 41,932 shares of the stock in a transaction dated 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 transaction, the executive vice president owned 65,105 shares in the company, valued at approximately $17,545,797.50. This represents a 39.18% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company 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.