PBU The Pension Fund of Early Childhood & Youth Educators Invests $1.74 Million in Howmet Aerospace Inc. $HWM

PBU The Pension Fund of Early Childhood & Youth Educators bought a new position in shares of Howmet Aerospace Inc. (NYSE:HWM) in the 4th quarter, Holdings Channel.com reports. The institutional investor bought 8,493 shares of the company’s stock, valued at approximately $1,741,000.

Several other hedge funds have also added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in Howmet Aerospace by 1.4% during the 3rd quarter. Vanguard Group Inc. now owns 49,139,989 shares of the company’s stock worth $9,642,740,000 after purchasing an additional 664,595 shares during the last quarter. State Street Corp lifted its holdings in Howmet Aerospace by 1.6% during the 3rd quarter. State Street Corp now owns 17,964,662 shares of the company’s stock worth $3,525,206,000 after purchasing an additional 278,587 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Howmet Aerospace by 2.0% during the 4th quarter. Geode Capital Management LLC now owns 11,307,538 shares of the company’s stock worth $2,316,277,000 after purchasing an additional 221,775 shares during the last quarter. Bank of America Corp DE lifted its holdings in Howmet Aerospace by 2.4% during the 3rd quarter. Bank of America Corp DE now owns 10,877,771 shares of the company’s stock worth $2,134,545,000 after purchasing an additional 255,419 shares during the last quarter. Finally, Norges Bank acquired a new stake in Howmet Aerospace during the 4th quarter worth approximately $1,793,698,000. 90.46% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on HWM shares. BTIG Research lifted their price target on Howmet Aerospace from $275.00 to $300.00 and gave the stock a “buy” rating in a report on Friday, May 8th. Truist Financial set a $280.00 price target on Howmet Aerospace in a report on Wednesday, March 11th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $320.00 price target on shares of Howmet Aerospace in a report on Friday, May 8th. Citigroup lifted their price target on Howmet Aerospace from $271.00 to $303.00 and gave the stock a “buy” rating in a report on Monday, May 18th. Finally, Susquehanna lifted their price target on Howmet Aerospace from $300.00 to $330.00 and gave the stock a “positive” rating in a report on Friday, May 8th. Eighteen research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $285.53.

Howmet Aerospace Stock Performance

NYSE:HWM opened at $252.01 on Friday. The stock has a fifty day moving average price of $250.83 and a 200-day moving average price of $231.82. The company has a market cap of $100.83 billion, a price-to-earnings ratio of 58.47, a PEG ratio of 1.99 and a beta of 1.19. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.59 and a current ratio of 2.44. Howmet Aerospace Inc. has a fifty-two week low of $165.51 and a fifty-two week high of $280.74.

Howmet Aerospace (NYSE:HWM) last released its earnings results on Thursday, May 7th. The company reported $1.22 earnings per share for the quarter, beating analysts’ consensus estimates 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 return on equity of 29.27% and a net margin of 20.23%.The company’s revenue was up 19.1% compared to the same quarter last year. During the same period in the prior year, the company posted $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. As a group, equities analysts anticipate that Howmet Aerospace Inc. will post 5.04 EPS for the current fiscal year.

Howmet Aerospace Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, May 26th. Stockholders of record on Friday, May 8th were given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date was Friday, May 8th. Howmet Aerospace’s dividend payout ratio is presently 11.14%.

Insider Buying and Selling at Howmet Aerospace

In other news, EVP Neil Edward Marchuk sold 41,932 shares of the company’s stock in a transaction on Monday, May 11th. The stock was sold at an average price of $269.50, for a total transaction of $11,300,674.00. Following the completion of the sale, the executive vice president directly owned 65,105 shares in the company, valued at approximately $17,545,797.50. This represents a 39.18% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 0.85% of the company’s stock.

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.