Howmet Aerospace Inc. $HWM Shares Sold by Knollwood Investment Advisory LLC

Knollwood Investment Advisory LLC lowered its position in Howmet Aerospace Inc. (NYSE:HWM) by 30.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,130 shares of the company’s stock after selling 2,746 shares during the quarter. Knollwood Investment Advisory LLC’s holdings in Howmet Aerospace were worth $1,257,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in HWM. Norges Bank acquired a new position in Howmet Aerospace in the fourth quarter valued at $1,793,698,000. Invesco Ltd. boosted its holdings in Howmet Aerospace by 12.2% in the third quarter. Invesco Ltd. now owns 7,367,438 shares of the company’s stock valued at $1,445,712,000 after acquiring an additional 801,093 shares during the last quarter. Vanguard Group Inc. boosted its holdings in Howmet Aerospace by 1.4% in the third quarter. Vanguard Group Inc. now owns 49,139,989 shares of the company’s stock valued at $9,642,740,000 after acquiring an additional 664,595 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in Howmet Aerospace by 27.8% in the fourth quarter. Goldman Sachs Group Inc. now owns 2,754,204 shares of the company’s stock valued at $564,667,000 after acquiring an additional 599,151 shares during the last quarter. Finally, Franklin Resources Inc. boosted its holdings in Howmet Aerospace by 56.3% in the fourth quarter. Franklin Resources Inc. now owns 1,433,811 shares of the company’s stock valued at $293,960,000 after acquiring an additional 516,570 shares during the last quarter. Institutional investors and hedge funds own 90.46% of the company’s stock.

Insider Activity

In other news, EVP Neil Edward Marchuk sold 41,932 shares of Howmet Aerospace 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 sale, the executive vice president directly owned 65,105 shares of the company’s stock, valued at approximately $17,545,797.50. The trade was a 39.18% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.85% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on the company. KeyCorp assumed coverage on Howmet Aerospace in a report on Wednesday, March 25th. They issued a “sector weight” rating on the stock. Citigroup lifted their target price on Howmet Aerospace from $271.00 to $303.00 and gave the company a “buy” rating in a report on Monday, May 18th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $280.00 target price on shares of Howmet Aerospace in a report on Tuesday, February 17th. Weiss Ratings reiterated a “buy (b)” rating on shares of Howmet Aerospace in a report on Tuesday, April 21st. Finally, The Goldman Sachs Group set a $228.00 target price on Howmet Aerospace in a report on Tuesday, February 17th. Eighteen equities 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 company presently has an average rating of “Moderate Buy” and an average price target of $285.53.

Howmet Aerospace Trading Down 0.1%

NYSE:HWM opened at $264.46 on Friday. The business’s 50-day moving average is $253.46 and its two-hundred day moving average is $233.79. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.44 and a quick ratio of 1.59. Howmet Aerospace Inc. has a 12 month low of $169.06 and a 12 month high of $280.74. The firm has a market capitalization of $105.81 billion, a PE ratio of 61.36, a price-to-earnings-growth ratio of 2.10 and a beta of 1.19.

Howmet Aerospace (NYSE:HWM) last released its quarterly earnings data on Thursday, May 7th. The company reported $1.22 EPS for the quarter, beating the consensus estimate of $1.11 by $0.11. Howmet Aerospace had a return on equity of 29.27% and a net margin of 20.23%.The company had revenue of $2.31 billion for the quarter, compared to analyst estimates of $2.24 billion. During the same period last year, the company posted $0.86 earnings per share. The firm’s revenue was up 19.1% compared to the same quarter last year. 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 5.04 earnings per share for the current fiscal year.

Howmet Aerospace Dividend Announcement

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

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.