Wealth Enhancement Advisory Services LLC lowered its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM – Free Report) by 74.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 59,999 shares of the company’s stock after selling 178,424 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Howmet Aerospace were worth $12,904,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Newbridge Financial Services Group Inc. boosted its position in shares of Howmet Aerospace by 119.7% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock worth $25,000 after purchasing an additional 73 shares in the last quarter. Tradewinds Capital Management LLC increased its position in Howmet Aerospace by 52.0% during the 3rd quarter. Tradewinds Capital Management LLC now owns 152 shares of the company’s stock valued at $30,000 after buying an additional 52 shares in the last quarter. Manning & Napier Advisors LLC bought a new position in Howmet Aerospace during the 3rd quarter valued at approximately $32,000. Flagship Wealth Advisors LLC purchased a new position in Howmet Aerospace during the third quarter valued at $33,000. Finally, Harbor Investment Advisory LLC raised its stake in Howmet Aerospace by 339.0% during the fourth quarter. Harbor Investment Advisory LLC now owns 180 shares of the company’s stock valued at $37,000 after buying an additional 139 shares during the last quarter. Hedge funds and other institutional investors own 90.46% of the company’s stock.
Wall Street Analyst Weigh In
Several equities analysts have recently weighed in on HWM shares. UBS Group raised their price target on Howmet Aerospace from $228.00 to $260.00 and gave the company a “neutral” rating in a report on Tuesday, February 17th. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $280.00 target price on shares of Howmet Aerospace in a report on Tuesday, February 17th. Jefferies Financial Group reiterated a “buy” rating and set a $315.00 price target on shares of Howmet Aerospace in a report on Sunday, February 15th. The Goldman Sachs Group set a $228.00 price target on shares of Howmet Aerospace in a research report on Tuesday, February 17th. Finally, Susquehanna upped their price objective on Howmet Aerospace from $255.00 to $290.00 and gave the company a “positive” rating in a research report on Friday, February 13th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $256.15.
Insider Transactions at Howmet Aerospace
In related news, VP Barbara Lou Shultz sold 1,000 shares of the stock in a transaction that occurred on Thursday, February 26th. The shares were 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 of the company’s stock, valued at approximately $6,207,240. This represents a 4.02% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, 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 transaction of $11,364,255.00. Following the sale, the executive vice president owned 107,008 shares in the company, valued at approximately $26,933,913.60. The trade was a 29.67% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 1.04% of the company’s stock.
Howmet Aerospace Stock Down 4.6%
Shares of HWM stock opened at $230.58 on Friday. Howmet Aerospace Inc. has a 12 month low of $105.04 and a 12 month high of $267.31. The stock has a market cap of $92.45 billion, a P/E ratio of 62.15, a P/E/G ratio of 2.24 and a beta of 1.21. 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 company has a 50 day simple moving average of $236.92 and a two-hundred day simple moving average of $212.32.
Howmet Aerospace (NYSE:HWM – Get Free Report) last issued 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. 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 last year, the company posted $0.77 EPS. The company’s revenue was up 14.6% compared to the same quarter last year. 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, research analysts expect that Howmet Aerospace Inc. will post 3.27 earnings per share for the current year.
Howmet Aerospace Announces Dividend
The business also recently declared 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. This represents a $0.48 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Friday, February 6th. Howmet Aerospace’s payout ratio is currently 12.94%.
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.
Further Reading
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