Hennion & Walsh Asset Management Inc. increased its stake in Howmet Aerospace Inc. (NYSE:HWM – Free Report) by 15.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 26,538 shares of the company’s stock after acquiring an additional 3,518 shares during the quarter. Hennion & Walsh Asset Management Inc.’s holdings in Howmet Aerospace were worth $5,441,000 at the end of the most recent reporting period.
Several other institutional investors have also added to or reduced their stakes in the stock. Invesco Ltd. lifted its position in shares of Howmet Aerospace by 12.2% in the 3rd quarter. Invesco Ltd. now owns 7,367,438 shares of the company’s stock worth $1,445,712,000 after purchasing an additional 801,093 shares during the period. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main boosted its stake in shares of Howmet Aerospace by 4,994.0% in the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 687,684 shares of the company’s stock valued at $127,999,000 after purchasing an additional 674,184 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Howmet Aerospace by 1.4% during the third quarter. Vanguard Group Inc. now owns 49,139,989 shares of the company’s stock worth $9,642,740,000 after buying an additional 664,595 shares during the period. Federated Hermes Inc. increased its position in shares of Howmet Aerospace by 140.7% during the third quarter. Federated Hermes Inc. now owns 1,073,305 shares of the company’s stock worth $210,615,000 after buying an additional 627,397 shares during the period. Finally, Nordea Investment Management AB raised its stake in Howmet Aerospace by 59.2% during the third quarter. Nordea Investment Management AB now owns 1,401,335 shares of the company’s stock worth $273,288,000 after buying an additional 521,180 shares during the last quarter. 90.46% of the stock is currently owned by institutional investors.
Insider Buying and Selling at Howmet Aerospace
In other news, VP Barbara Lou Shultz sold 1,000 shares of the business’s 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 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Neil Edward Marchuk sold 45,150 shares of the stock in a transaction 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 sale, the executive vice president owned 107,008 shares in the company, valued at approximately $26,933,913.60. This represents a 29.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.12% of the stock is currently owned by corporate insiders.
Howmet Aerospace Price Performance
Howmet Aerospace (NYSE:HWM – Get Free Report) last posted its earnings results on Thursday, February 12th. The company reported $1.05 earnings per share (EPS) 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 analyst estimates of $2.12 billion. Howmet Aerospace had a net margin of 18.27% and a return on equity of 30.41%. The business’s revenue was up 14.6% compared to the same quarter last year. During the same quarter in the prior year, the business 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. Research analysts expect that Howmet Aerospace Inc. will post 3.27 EPS for the current fiscal year.
Howmet Aerospace Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 25th. Investors of record on Friday, February 6th were paid a $0.12 dividend. The ex-dividend date was Friday, February 6th. This represents a $0.48 annualized dividend and a yield of 0.2%. Howmet Aerospace’s dividend payout ratio is presently 12.94%.
Analyst Upgrades and Downgrades
HWM has been the topic of a number of recent analyst reports. Wolfe Research set a $270.00 price objective on Howmet Aerospace and gave the company an “outperform” rating in a research note on Wednesday, March 11th. Truist Financial set a $280.00 target price on Howmet Aerospace in a research note on Wednesday, March 11th. Bank of America boosted their price target on Howmet Aerospace from $250.00 to $300.00 and gave the company a “buy” rating in a research note on Friday, February 20th. KeyCorp initiated coverage on Howmet Aerospace in a report on Wednesday, March 25th. They set a “sector weight” rating on the stock. Finally, Royal Bank Of Canada raised their price objective on shares of Howmet Aerospace from $275.00 to $300.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 11th. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $256.15.
Check Out Our Latest Stock Analysis on Howmet Aerospace
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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