Intech Investment Management LLC Acquires 34,769 Shares of Howmet Aerospace Inc. $HWM

Intech Investment Management LLC raised its stake in Howmet Aerospace Inc. (NYSE:HWM) by 202.9% in the third quarter, Holdings Channel reports. The fund owned 51,902 shares of the company’s stock after purchasing an additional 34,769 shares during the quarter. Intech Investment Management LLC’s holdings in Howmet Aerospace were worth $10,185,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Traub Capital Management LLC acquired a new position in Howmet Aerospace during the 2nd quarter worth approximately $25,000. Winnow Wealth LLC acquired a new stake in Howmet Aerospace in the second quarter valued at approximately $25,000. Newbridge Financial Services Group Inc. grew its stake in shares of Howmet Aerospace by 119.7% during the second quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock worth $25,000 after buying an additional 73 shares during the last quarter. Tradewinds Capital Management LLC increased its holdings in shares of Howmet Aerospace by 52.0% during the third quarter. Tradewinds Capital Management LLC now owns 152 shares of the company’s stock worth $30,000 after buying an additional 52 shares in the last quarter. Finally, Manning & Napier Advisors LLC acquired a new position in shares of Howmet Aerospace during the third quarter worth $32,000. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Howmet Aerospace Trading Up 0.3%

Shares of HWM stock opened at $260.30 on Friday. Howmet Aerospace Inc. has a 1-year low of $105.04 and a 1-year high of $261.83. The company has a current ratio of 2.13, a quick ratio of 1.09 and a debt-to-equity ratio of 0.53. The stock has a market cap of $104.36 billion, a price-to-earnings ratio of 70.16, a PEG ratio of 2.41 and a beta of 1.26. The stock has a 50-day moving average of $223.43 and a 200-day moving average of $202.44.

Howmet Aerospace (NYSE:HWM) last announced its earnings results on Thursday, February 12th. The company reported $1.05 EPS for the quarter, beating the consensus estimate of $0.97 by $0.08. The business had revenue of $2.17 billion for the quarter, compared to analysts’ expectations of $2.12 billion. Howmet Aerospace had a return on equity of 30.41% and a net margin of 18.27%.The firm’s revenue was up 14.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.77 earnings per share. 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. On average, equities research analysts forecast that Howmet Aerospace Inc. will post 3.27 earnings per share for the current year.

Howmet Aerospace Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 25th. Stockholders of record on Friday, February 6th were given a dividend of $0.12 per share. The ex-dividend date was Friday, February 6th. This represents a $0.48 annualized dividend and a dividend yield of 0.2%. Howmet Aerospace’s dividend payout ratio is 12.94%.

Insiders Place Their Bets

In related news, EVP Neil Edward Marchuk sold 45,150 shares of Howmet Aerospace stock in a transaction 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 completion of the transaction, the executive vice president owned 107,008 shares of the company’s stock, valued at $26,933,913.60. This trade represents a 29.67% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 1.04% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on HWM. Truist Financial set a $258.00 price objective on Howmet Aerospace in a report on Friday, January 9th. UBS Group increased their target price on Howmet Aerospace from $228.00 to $260.00 and gave the company a “neutral” rating in a research report on Tuesday, February 17th. Morgan Stanley restated an “overweight” rating and set a $280.00 price target on shares of Howmet Aerospace in a report on Friday, February 13th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Howmet Aerospace in a research note on Thursday, January 22nd. Finally, Susquehanna raised their price objective on shares of Howmet Aerospace from $255.00 to $290.00 and gave the company a “positive” rating in a report on Friday, February 13th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $252.95.

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.