Securian Asset Management Inc. Trims Stock Position in Howmet Aerospace Inc. $HWM

Securian Asset Management Inc. lessened its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM) by 43.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,932 shares of the company’s stock after selling 8,536 shares during the period. Securian Asset Management Inc.’s holdings in Howmet Aerospace were worth $2,241,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the business. Income Insurance Ltd purchased a new position in shares of Howmet Aerospace during the fourth quarter worth $232,000. Advisor OS LLC grew its position in Howmet Aerospace by 47.5% during the fourth quarter. Advisor OS LLC now owns 1,627 shares of the company’s stock valued at $334,000 after buying an additional 524 shares during the period. NewEdge Wealth LLC grew its position in Howmet Aerospace by 11.5% during the fourth quarter. NewEdge Wealth LLC now owns 43,889 shares of the company’s stock valued at $8,998,000 after buying an additional 4,523 shares during the period. Crossmark Global Holdings Inc. grew its position in Howmet Aerospace by 44.2% during the fourth quarter. Crossmark Global Holdings Inc. now owns 29,700 shares of the company’s stock valued at $6,089,000 after buying an additional 9,106 shares during the period. Finally, Ethic Inc. grew its position in Howmet Aerospace by 2.2% during the fourth quarter. Ethic Inc. now owns 46,577 shares of the company’s stock valued at $9,549,000 after buying an additional 1,010 shares during the period. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Insider Activity at Howmet Aerospace

In other Howmet Aerospace news, VP Barbara Lou Shultz sold 1,000 shares of the business’s stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $260.00, for a total transaction of $260,000.00. Following the completion of the sale, the vice president directly owned 23,874 shares in the company, valued at approximately $6,207,240. The trade was a 4.02% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Neil Edward Marchuk sold 45,150 shares of the business’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 sale, the executive vice president owned 107,008 shares of the company’s stock, valued at approximately $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. 0.85% of the stock is currently owned by insiders.

Howmet Aerospace Stock Up 1.1%

Shares of NYSE HWM opened at $273.44 on Tuesday. The firm has a market cap of $109.40 billion, a price-to-earnings ratio of 63.44, a price-to-earnings-growth ratio of 2.28 and a beta of 1.19. The company’s 50-day simple moving average is $246.37 and its 200-day simple moving average is $224.64. The company has a quick ratio of 1.59, a current ratio of 2.44 and a debt-to-equity ratio of 0.73. Howmet Aerospace Inc. has a 52-week low of $155.22 and a 52-week high of $280.74.

Howmet Aerospace (NYSE:HWM) last released its quarterly earnings results on Thursday, May 7th. The company reported $1.22 earnings per share for the quarter, topping the consensus estimate of $1.11 by $0.11. The firm had revenue of $2.31 billion during the quarter, compared to the consensus estimate of $2.24 billion. Howmet Aerospace had a net margin of 20.23% and a return on equity of 29.27%. The company’s revenue for the quarter was up 19.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.86 EPS. Howmet Aerospace has set its FY 2026 guidance at 4.880-5.000 EPS and its Q2 2026 guidance at 1.220-1.240 EPS. Equities analysts predict that Howmet Aerospace Inc. will post 5 EPS for the current fiscal year.

Howmet Aerospace Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 26th. Shareholders of record on Friday, May 8th will be paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 0.2%. The ex-dividend date is Friday, May 8th. Howmet Aerospace’s payout ratio is 11.14%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on HWM. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $320.00 price target on shares of Howmet Aerospace in a research report on Friday. The Goldman Sachs Group set a $228.00 price target on shares of Howmet Aerospace in a research report on Tuesday, February 17th. BNP Paribas Exane restated an “outperform” rating and set a $340.00 price target (up from $265.00) on shares of Howmet Aerospace in a research report on Friday. Royal Bank Of Canada raised their price target on shares of Howmet Aerospace from $275.00 to $300.00 and gave the company an “outperform” rating in a research report on Wednesday, March 11th. Finally, BTIG Research raised their price target on shares of Howmet Aerospace from $275.00 to $300.00 and gave the company a “buy” rating in a research report on Friday. Eighteen investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, Howmet Aerospace presently has a consensus rating of “Moderate Buy” and an average price target of $283.84.

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.