Howmet Aerospace Inc. $HWM Shares Sold by Cavalier Investments LLC

Cavalier Investments LLC trimmed its position in shares of Howmet Aerospace Inc. (NYSE:HWM) by 90.2% in the 3rd quarter, Holdings Channel.com reports. The firm owned 27,005 shares of the company’s stock after selling 249,276 shares during the period. Howmet Aerospace comprises approximately 0.4% of Cavalier Investments LLC’s portfolio, making the stock its 17th biggest holding. Cavalier Investments LLC’s holdings in Howmet Aerospace were worth $5,299,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the company. Norges Bank purchased a new stake in Howmet Aerospace during the second quarter worth $1,633,157,000. JPMorgan Chase & Co. increased its holdings in Howmet Aerospace by 30.1% in the second 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 in the last quarter. American Century Companies Inc. increased its holdings in Howmet Aerospace by 51.8% in the second quarter. American Century Companies Inc. now owns 3,635,999 shares of the company’s stock valued at $676,769,000 after buying an additional 1,240,071 shares in the last quarter. Invesco Ltd. raised its position in shares of Howmet Aerospace by 12.2% in the third quarter. Invesco Ltd. now owns 7,367,438 shares of the company’s stock worth $1,445,712,000 after acquiring an additional 801,093 shares during the period. Finally, Westfield Capital Management Co. LP raised its position in shares of Howmet Aerospace by 68.8% in the second quarter. Westfield Capital Management Co. LP now owns 1,915,955 shares of the company’s stock worth $356,617,000 after acquiring an additional 780,896 shares during the period. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Howmet Aerospace

In other news, EVP Neil Edward Marchuk sold 45,150 shares of the firm’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $251.70, for a total value of $11,364,255.00. Following the transaction, the executive vice president owned 107,008 shares in the company, valued at $26,933,913.60. This trade represents a 29.67% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Barbara Lou Shultz sold 1,000 shares of Howmet Aerospace stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $260.00, for a total value of $260,000.00. Following the completion of the sale, the vice president directly owned 23,874 shares in the company, valued at $6,207,240. This represents a 4.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 1.04% of the company’s stock.

Howmet Aerospace Stock Down 2.9%

HWM stock opened at $236.76 on Friday. The stock has a market capitalization of $94.93 billion, a P/E ratio of 63.82, a P/E/G ratio of 2.19 and a beta of 1.21. The firm has a 50-day simple moving average of $233.28 and a 200-day simple moving average of $208.72. The company has a quick ratio of 1.09, a current ratio of 2.13 and a debt-to-equity ratio of 0.53. Howmet Aerospace Inc. has a 52 week low of $105.04 and a 52 week high of $267.31.

Howmet Aerospace (NYSE:HWM) last released its quarterly earnings results on Thursday, February 12th. The company reported $1.05 earnings per share for the quarter, topping the consensus estimate 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 net margin of 18.27% and a return on equity of 30.41%. The company’s revenue for the quarter was up 14.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $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. Equities analysts forecast that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Announces Dividend

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

Analysts Set New Price Targets

HWM has been the topic of a number of analyst reports. Bank of America raised their target price on Howmet Aerospace from $250.00 to $300.00 and gave the company a “buy” rating in a research report on Friday, February 20th. Wolfe Research set a $270.00 price target on Howmet Aerospace and gave the stock an “outperform” rating in a report on Wednesday. Wall Street Zen upgraded Howmet Aerospace from a “hold” rating to a “buy” rating in a research report on Sunday, January 18th. Jefferies Financial Group reissued a “buy” rating and issued a $315.00 price objective on shares of Howmet Aerospace in a report on Sunday, February 15th. Finally, BTIG Research boosted their price objective on Howmet Aerospace from $240.00 to $275.00 and gave the company a “buy” rating in a research report on Wednesday, February 18th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $256.15.

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.