Neville Rodie & Shaw Inc. Sells 2,470 Shares of Howmet Aerospace Inc. $HWM

Neville Rodie & Shaw Inc. cut its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM) by 3.5% in the fourth quarter, Holdings Channel reports. The institutional investor owned 67,324 shares of the company’s stock after selling 2,470 shares during the quarter. Howmet Aerospace accounts for about 1.0% of Neville Rodie & Shaw Inc.’s portfolio, making the stock its 28th biggest holding. Neville Rodie & Shaw Inc.’s holdings in Howmet Aerospace were worth $13,803,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Global Trust Asset Management LLC grew its stake in shares of Howmet Aerospace by 1.2% in the third quarter. Global Trust Asset Management LLC now owns 4,110 shares of the company’s stock worth $807,000 after acquiring an additional 50 shares during the last quarter. REAP Financial Group LLC raised its stake in Howmet Aerospace by 24.1% during the 3rd quarter. REAP Financial Group LLC now owns 263 shares of the company’s stock valued at $52,000 after purchasing an additional 51 shares during the last quarter. Parallel Advisors LLC boosted its holdings in Howmet Aerospace by 1.7% in the 3rd quarter. Parallel Advisors LLC now owns 3,134 shares of the company’s stock valued at $615,000 after purchasing an additional 51 shares during the period. Tradewinds Capital Management LLC boosted its holdings in Howmet Aerospace by 52.0% in the 3rd quarter. Tradewinds Capital Management LLC now owns 152 shares of the company’s stock valued at $30,000 after purchasing an additional 52 shares during the period. Finally, Wedbush Securities Inc. grew its position in Howmet Aerospace by 1.4% in the 3rd quarter. Wedbush Securities Inc. now owns 3,885 shares of the company’s stock worth $762,000 after purchasing an additional 52 shares during the last quarter. 90.46% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, VP Barbara Lou Shultz sold 1,000 shares of the business’s stock in a transaction 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 sale, the vice president owned 23,874 shares of the company’s stock, valued at $6,207,240. The trade was a 4.02% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Neil Edward Marchuk sold 45,150 shares of the company’s stock in a transaction on 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 sale, 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 disclosure for this sale is available in the SEC filing. Corporate insiders own 1.04% of the company’s stock.

Howmet Aerospace Price Performance

NYSE:HWM opened at $232.72 on Friday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.09 and a current ratio of 2.13. The company has a 50-day moving average of $235.40 and a 200-day moving average of $210.24. Howmet Aerospace Inc. has a 52 week low of $105.04 and a 52 week high of $267.31. The company has a market capitalization of $93.31 billion, a price-to-earnings ratio of 62.73, a PEG ratio of 2.24 and a beta of 1.21.

Howmet Aerospace (NYSE:HWM) last posted its 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. Howmet Aerospace had a net margin of 18.27% and a return on equity of 30.41%. The business had revenue of $2.17 billion for the quarter, compared to analysts’ expectations of $2.12 billion. During the same quarter in the previous year, the firm posted $0.77 earnings per share. The firm’s revenue for the quarter was up 14.6% on a year-over-year basis. 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 anticipate that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Dividend Announcement

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

Wall Street Analysts Forecast Growth

HWM has been the topic of several research reports. Truist Financial set a $280.00 price objective on shares of Howmet Aerospace in a report on Wednesday, March 11th. Jefferies Financial Group reissued a “buy” rating and set a $315.00 target price on shares of Howmet Aerospace in a research report on Sunday, February 15th. Morgan Stanley restated an “overweight” rating and set a $280.00 price target on shares of Howmet Aerospace in a research note on Friday, February 13th. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $280.00 price target on shares of Howmet Aerospace in a report on Tuesday, February 17th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Howmet Aerospace in a research report on Thursday, January 22nd. 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 MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price 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.