Invesco Ltd. Cuts Stock Position in Howmet Aerospace Inc. $HWM

Invesco Ltd. lowered its stake in shares of Howmet Aerospace Inc. (NYSE:HWM) by 0.7% in the fourth quarter, Holdings Channel reports. The firm owned 7,315,326 shares of the company’s stock after selling 52,112 shares during the period. Invesco Ltd.’s holdings in Howmet Aerospace were worth $1,499,788,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Silverleafe Capital Partners LLC grew its position in Howmet Aerospace by 339.3% in the fourth quarter. Silverleafe Capital Partners LLC now owns 5,847 shares of the company’s stock worth $1,199,000 after acquiring an additional 4,516 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH raised its position in Howmet Aerospace by 8.2% in the fourth quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 475,814 shares of the company’s stock valued at $96,916,000 after purchasing an additional 36,195 shares during the period. M&T Bank Corp lifted its stake in shares of Howmet Aerospace by 75.0% in the 4th quarter. M&T Bank Corp now owns 42,975 shares of the company’s stock valued at $8,810,000 after purchasing an additional 18,417 shares during the last quarter. Munich Reinsurance Co Stock Corp in Munich acquired a new position in shares of Howmet Aerospace in the 3rd quarter valued at $33,583,000. Finally, Asset Management One Co. Ltd. grew its holdings in shares of Howmet Aerospace by 4.0% during the 4th quarter. Asset Management One Co. Ltd. now owns 194,734 shares of the company’s stock worth $40,777,000 after purchasing an additional 7,508 shares during the period. 90.46% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Weiss Ratings reissued a “buy (b)” rating on shares of Howmet Aerospace in a research report on Tuesday, April 21st. JPMorgan Chase & Co. lifted their price target on shares of Howmet Aerospace from $265.00 to $310.00 and gave the company an “overweight” rating in a research report on Monday, May 11th. Royal Bank Of Canada boosted their price target on shares of Howmet Aerospace from $275.00 to $300.00 and gave the company an “outperform” rating in a research note on Wednesday, March 11th. Sanford C. Bernstein restated an “outperform” rating and issued a $318.00 price objective on shares of Howmet Aerospace in a report on Tuesday. Finally, Susquehanna lifted their target price on shares of Howmet Aerospace from $300.00 to $330.00 and gave the company a “positive” rating in a report on Friday, May 8th. Eighteen investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $287.53.

Insider Buying and Selling

In other Howmet Aerospace news, EVP Neil Edward Marchuk sold 41,932 shares of the business’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of $269.50, for a total value of $11,300,674.00. Following the completion of the transaction, the executive vice president owned 65,105 shares in the company, valued at $17,545,797.50. The trade was a 39.18% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.85% of the stock is owned by corporate insiders.

Howmet Aerospace Stock Performance

NYSE HWM opened at $278.25 on Friday. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.44 and a quick ratio of 1.59. The company has a market cap of $111.33 billion, a P/E ratio of 64.56, a P/E/G ratio of 2.24 and a beta of 1.19. The stock has a 50-day moving average of $256.91 and a two-hundred day moving average of $236.09. Howmet Aerospace Inc. has a 1-year low of $169.06 and a 1-year high of $290.63.

Howmet Aerospace (NYSE:HWM) last posted its quarterly earnings data on Thursday, May 7th. The company reported $1.22 EPS for the quarter, beating the consensus estimate of $1.11 by $0.11. The business had revenue of $2.31 billion during the quarter, compared to analyst estimates of $2.24 billion. Howmet Aerospace had a net margin of 20.23% and a return on equity of 29.27%. The business’s revenue for the quarter was up 19.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.86 earnings per share. 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, analysts anticipate that Howmet Aerospace Inc. will post 5.04 EPS for the current year.

Howmet Aerospace Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, May 26th. Shareholders of record on Friday, May 8th were given a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Friday, May 8th. Howmet Aerospace’s dividend payout ratio (DPR) is currently 11.14%.

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.