Geneva Partners LLC Has $1.84 Million Holdings in Howmet Aerospace Inc. $HWM

Geneva Partners LLC trimmed its stake in shares of Howmet Aerospace Inc. (NYSE:HWM) by 40.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 9,389 shares of the company’s stock after selling 6,488 shares during the period. Geneva Partners LLC’s holdings in Howmet Aerospace were worth $1,842,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of HWM. Vanguard Group Inc. raised its position in Howmet Aerospace by 1.4% in the 3rd quarter. Vanguard Group Inc. now owns 49,139,989 shares of the company’s stock worth $9,642,740,000 after purchasing an additional 664,595 shares during the last quarter. JPMorgan Chase & Co. boosted its position in Howmet Aerospace by 30.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 31,806,624 shares of the company’s stock valued at $5,920,181,000 after buying an additional 7,356,077 shares during the last quarter. State Street Corp increased its stake in shares of Howmet Aerospace by 1.2% in the 2nd quarter. State Street Corp now owns 17,686,075 shares of the company’s stock valued at $3,291,909,000 after buying an additional 205,424 shares during the period. Geode Capital Management LLC increased its stake in shares of Howmet Aerospace by 7.0% in the 2nd quarter. Geode Capital Management LLC now owns 10,938,815 shares of the company’s stock valued at $2,032,221,000 after buying an additional 719,888 shares during the period. Finally, Norges Bank bought a new stake in shares of Howmet Aerospace during the second quarter worth $1,633,157,000. 90.46% of the stock is owned by institutional investors.

Howmet Aerospace Price Performance

Howmet Aerospace stock opened at $262.12 on Monday. 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 firm has a market capitalization of $105.10 billion, a P/E ratio of 70.65, a PEG ratio of 2.43 and a beta of 1.20. The business has a 50-day moving average of $224.60 and a 200-day moving average of $203.35. Howmet Aerospace Inc. has a 1 year low of $105.04 and a 1 year high of $262.63.

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

Howmet Aerospace Announces Dividend

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

Insider Buying and Selling at Howmet Aerospace

In other Howmet Aerospace news, VP Barbara Lou Shultz sold 1,000 shares of Howmet Aerospace stock in a transaction dated Thursday, February 26th. The stock was 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. The trade was a 4.02% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Neil Edward Marchuk sold 45,150 shares of the business’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $251.70, for a total value of $11,364,255.00. Following the completion of the transaction, the executive vice president directly owned 107,008 shares of the company’s stock, valued at approximately $26,933,913.60. The trade was a 29.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.12% of the stock is owned by insiders.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Jefferies Financial Group reiterated a “buy” rating and issued a $315.00 price target on shares of Howmet Aerospace in a report on Sunday, February 15th. Deutsche Bank Aktiengesellschaft set a $278.00 target price on shares of Howmet Aerospace and gave the company a “buy” rating in a research report on Friday, February 13th. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $280.00 target price on shares of Howmet Aerospace in a research note on Tuesday, February 17th. Truist Financial set a $258.00 price target on shares of Howmet Aerospace in a research report on Friday, January 9th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Howmet Aerospace from $227.00 to $265.00 and gave the company an “overweight” rating in a report on Thursday, February 19th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus 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.