Sterling Capital Management LLC Sells 5,045 Shares of Howmet Aerospace Inc. $HWM

Sterling Capital Management LLC trimmed its stake in Howmet Aerospace Inc. (NYSE:HWM) by 23.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 16,876 shares of the company’s stock after selling 5,045 shares during the period. Sterling Capital Management LLC’s holdings in Howmet Aerospace were worth $3,817,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Man Group plc bought a new stake in shares of Howmet Aerospace during the second quarter valued at approximately $104,566,000. Patriot Financial Group Insurance Agency LLC grew its stake in Howmet Aerospace by 95.3% in the first quarter. Patriot Financial Group Insurance Agency LLC now owns 24,338 shares of the company’s stock worth $5,609,000 after purchasing an additional 11,878 shares during the period. State Street Corp grew its stake in Howmet Aerospace by 3.3% in the second quarter. State Street Corp now owns 18,933,928 shares of the company’s stock worth $5,090,576,000 after purchasing an additional 612,866 shares during the period. Pictet Asset Management Holding SA grew its stake in Howmet Aerospace by 28.6% in the first quarter. Pictet Asset Management Holding SA now owns 230,064 shares of the company’s stock worth $52,984,000 after purchasing an additional 51,169 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. raised its holdings in Howmet Aerospace by 9.3% in the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 136,518 shares of the company’s stock worth $36,704,000 after purchasing an additional 11,658 shares in the last quarter. 90.46% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have commented on HWM shares. BNP Paribas Exane lowered their price objective on Howmet Aerospace from $345.00 to $310.00 and set an “outperform” rating for the company in a research report on Tuesday, October 6th. JPMorgan Chase & Co. boosted their target price on shares of Howmet Aerospace from $310.00 to $350.00 and gave the company an “overweight” rating in a report on Monday, August 10th. Morgan Stanley reaffirmed an “overweight” rating and issued a $335.00 target price on shares of Howmet Aerospace in a research report on Monday, August 10th. Zacks Research downgraded shares of Howmet Aerospace from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 9th. Finally, BTIG Research increased their price target on shares of Howmet Aerospace from $300.00 to $340.00 and gave the stock a “buy” rating in a research note on Monday, August 10th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $310.29.

Howmet Aerospace Price Performance

HWM stock opened at $185.74 on Friday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.87 and a current ratio of 1.82. The firm has a 50 day moving average price of $237.27 and a 200-day moving average price of $255.88. Howmet Aerospace Inc. has a 52-week low of $183.52 and a 52-week high of $310.00. The firm has a market capitalization of $74.32 billion, a price-to-earnings ratio of 40.03, a PEG ratio of 1.67 and a beta of 1.21.

Howmet Aerospace (NYSE:HWM) last posted its quarterly earnings results on Thursday, August 6th. The company reported $1.33 earnings per share for the quarter, topping the consensus estimate of $1.24 by $0.09. Howmet Aerospace had a return on equity of 33.91% and a net margin of 20.52%. The company had revenue of $2.55 billion for the quarter, compared to the consensus estimate of $2.43 billion. During the same quarter in the prior year, the business posted $0.91 EPS. The firm’s quarterly revenue was up 24.1% compared to the same quarter last year. Howmet Aerospace has set its Q3 2026 guidance at 1.340-1.360 EPS and its FY 2026 guidance at 5.230-5.310 EPS. Equities research analysts forecast that Howmet Aerospace Inc. will post 5.34 EPS for the current fiscal year.

Howmet Aerospace Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 25th. Shareholders of record on Friday, November 6th will be issued a $0.14 dividend. This represents a $0.56 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Friday, November 6th. Howmet Aerospace’s payout ratio is 12.07%.

Howmet Aerospace Company Profile

Howmet Aerospace Inc (NYSE:HWM) is a global manufacturer of advanced engineered products and materials primarily serving the aerospace, defense, commercial transportation and industrial markets. The company develops components designed to operate in demanding environments where strength, durability and weight reduction are important.

Howmet’s product portfolio includes aircraft engine components, airframe structures, titanium and nickel-based forgings, fastening systems and wheels for commercial vehicles.