Meiji Yasuda Life Insurance Co increased its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM – Free Report) by 38.0% during the 3rd quarter, Holdings Channel.com reports. The fund owned 9,388 shares of the company’s stock after buying an additional 2,586 shares during the period. Meiji Yasuda Life Insurance Co’s holdings in Howmet Aerospace were worth $1,842,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds have also made changes to their positions in HWM. Traub Capital Management LLC bought a new position in Howmet Aerospace during the 2nd quarter worth $25,000. Winnow Wealth LLC bought a new stake in Howmet Aerospace in the second quarter valued at $25,000. Newbridge Financial Services Group Inc. lifted its stake in Howmet Aerospace by 119.7% in the second quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock valued at $25,000 after buying an additional 73 shares during the last quarter. Tradewinds Capital Management LLC boosted 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 valued at $30,000 after acquiring an additional 52 shares during the period. Finally, Manning & Napier Advisors LLC acquired a new position in shares of Howmet Aerospace during the third quarter valued at $32,000. Institutional investors own 90.46% of the company’s stock.
Insider Buying and Selling at Howmet Aerospace
In related 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 of the company’s stock, valued at $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 Securities & Exchange Commission, which is available at the SEC website. Also, EVP Neil Edward Marchuk sold 45,150 shares of the business’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $251.70, for a total transaction of $11,364,255.00. Following the completion of the sale, the executive vice president owned 107,008 shares in the company, valued at approximately $26,933,913.60. This trade represents a 29.67% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 1.04% of the company’s stock.
Analyst Upgrades and Downgrades
Get Our Latest Stock Analysis on HWM
Howmet Aerospace Price Performance
NYSE HWM opened at $250.10 on Friday. Howmet Aerospace Inc. has a 12 month low of $105.04 and a 12 month high of $267.31. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.13 and a quick ratio of 1.09. The firm has a market capitalization of $100.28 billion, a PE ratio of 67.41, a P/E/G ratio of 2.32 and a beta of 1.21. The company’s 50 day simple moving average is $229.24 and its 200 day simple moving average is $206.08.
Howmet Aerospace (NYSE:HWM – Get Free Report) last released its earnings results on Thursday, February 12th. The company reported $1.05 earnings per share for the quarter, topping analysts’ consensus estimates of $0.97 by $0.08. The firm had revenue of $2.17 billion during the quarter, compared to the consensus estimate 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 for the quarter was up 14.6% compared to the same quarter last year. During the same period in the prior year, the firm 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. As a group, equities research analysts forecast that Howmet Aerospace Inc. will post 3.27 EPS for the current fiscal year.
Howmet Aerospace Announces Dividend
The company also recently disclosed 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 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%.
Howmet Aerospace 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.
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