Howmet Aerospace Inc. $HWM Shares Sold by Mediolanum International Funds Ltd

Mediolanum International Funds Ltd reduced its stake in Howmet Aerospace Inc. (NYSE:HWM) by 3.8% during the 1st quarter, HoldingsChannel.com reports. The firm owned 132,070 shares of the company’s stock after selling 5,281 shares during the period. Mediolanum International Funds Ltd’s holdings in Howmet Aerospace were worth $29,450,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in HWM. Brighton Jones LLC boosted its holdings in shares of Howmet Aerospace by 5.4% in the 4th quarter. Brighton Jones LLC now owns 2,548 shares of the company’s stock valued at $279,000 after buying an additional 130 shares in the last quarter. Acadian Asset Management LLC acquired a new position in Howmet Aerospace in the first quarter valued at $399,000. Sivia Capital Partners LLC purchased a new position in shares of Howmet Aerospace during the second quarter worth about $216,000. Brown Advisory Inc. grew its holdings in shares of Howmet Aerospace by 31.0% during the second quarter. Brown Advisory Inc. now owns 4,180 shares of the company’s stock worth $778,000 after purchasing an additional 990 shares during the last quarter. Finally, Cary Street Partners Financial LLC acquired a new stake in shares of Howmet Aerospace during the second quarter worth about $145,000. 90.46% of the stock is currently owned by hedge funds and other institutional investors.

Howmet Aerospace Trading Up 0.4%

NYSE:HWM opened at $272.26 on Friday. Howmet Aerospace Inc. has a 12-month low of $169.45 and a 12-month high of $290.63. The company has a current ratio of 2.44, a quick ratio of 1.59 and a debt-to-equity ratio of 0.73. The stock’s 50 day simple moving average is $266.31 and its 200-day simple moving average is $246.67. The firm has a market cap of $108.93 billion, a P/E ratio of 63.17, a PEG ratio of 2.14 and a beta of 1.19.

Howmet Aerospace (NYSE:HWM) last issued 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. Howmet Aerospace had a return on equity of 29.27% and a net margin of 20.23%.The firm had revenue of $2.31 billion during the quarter, compared to the consensus estimate of $2.24 billion. During the same period last year, the company earned $0.86 earnings per share. The company’s revenue for the quarter was up 19.1% on a year-over-year basis. 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 anticipate that Howmet Aerospace Inc. will post 5.05 EPS for the current year.

Howmet Aerospace Announces Dividend

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

Analyst Ratings Changes

Several research firms have recently weighed in on HWM. BTIG Research boosted their target price on Howmet Aerospace from $275.00 to $300.00 and gave the company a “buy” rating in a report on Friday, May 8th. Wells Fargo & Company initiated coverage on Howmet Aerospace in a research report on Wednesday, April 1st. They set an “equal weight” rating and a $240.00 price target on the stock. Citigroup boosted their price objective on Howmet Aerospace from $303.00 to $311.00 and gave the company a “buy” rating in a research note on Wednesday, July 1st. Wall Street Zen downgraded Howmet Aerospace from a “strong-buy” rating to a “buy” rating in a report on Sunday, July 5th. Finally, UBS Group raised their target price on shares of Howmet Aerospace from $260.00 to $290.00 and gave the stock a “neutral” rating in a research report on Friday, May 8th. Eighteen analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, Howmet Aerospace has an average rating of “Moderate Buy” and a consensus price target of $293.21.

Insider Buying and Selling at Howmet Aerospace

In other news, EVP Neil Edward Marchuk sold 41,932 shares of Howmet Aerospace stock in a transaction dated 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 sale, the executive vice president owned 65,105 shares of the company’s stock, valued at $17,545,797.50. The trade was a 39.18% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.85% of the stock is currently owned by insiders.

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.