Kovitz Investment Group Partners LLC Sells 52,410 Shares of Howmet Aerospace Inc. $HWM

Kovitz Investment Group Partners LLC lessened its stake in shares of Howmet Aerospace Inc. (NYSE:HWM) by 31.5% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 114,156 shares of the company’s stock after selling 52,410 shares during the period. Kovitz Investment Group Partners LLC’s holdings in Howmet Aerospace were worth $22,401,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently made changes to their positions in the company. Traub Capital Management LLC purchased a new position in Howmet Aerospace during the 2nd quarter valued at approximately $25,000. Winnow Wealth LLC purchased a new stake in shares of Howmet Aerospace in the 2nd quarter worth $25,000. Newbridge Financial Services Group Inc. lifted its holdings in shares of Howmet Aerospace by 119.7% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock worth $25,000 after buying an additional 73 shares during the period. Tradewinds Capital Management LLC grew its position in shares of Howmet Aerospace by 52.0% during the 3rd quarter. Tradewinds Capital Management LLC now owns 152 shares of the company’s stock worth $30,000 after buying an additional 52 shares in the last quarter. Finally, Atlantic Union Bankshares Corp purchased a new position in shares of Howmet Aerospace during the second quarter valued at $32,000. 90.46% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Howmet Aerospace news, EVP Neil Edward Marchuk sold 45,150 shares of the business’s stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $251.70, for a total transaction 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. The trade was a 29.67% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 1.12% of the company’s stock.

Howmet Aerospace Stock Performance

Shares of HWM opened at $258.16 on Monday. The company has a current ratio of 2.13, a quick ratio of 1.09 and a debt-to-equity ratio of 0.53. The firm has a market cap of $103.51 billion, a PE ratio of 69.59, a P/E/G ratio of 2.57 and a beta of 1.26. Howmet Aerospace Inc. has a 12 month low of $105.04 and a 12 month high of $258.83. The stock has a fifty day moving average price of $218.31 and a 200-day moving average price of $200.53.

Howmet Aerospace (NYSE:HWM) last released its quarterly earnings results on Thursday, February 12th. The company reported $1.05 EPS for the quarter, beating analysts’ consensus estimates of $0.97 by $0.08. The company had revenue of $2.17 billion during the quarter, compared to analysts’ expectations of $2.12 billion. Howmet Aerospace had a return on equity of 30.41% and a net margin of 18.27%.The firm’s revenue was up 14.6% compared to the same quarter last year. During the same period last year, the business posted $0.77 earnings per share. 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. Equities research analysts predict that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, February 25th. Investors of record on Friday, February 6th will be paid a $0.12 dividend. The ex-dividend date is Friday, February 6th. This represents a $0.48 dividend on an annualized basis and a yield of 0.2%. Howmet Aerospace’s dividend payout ratio (DPR) is 12.94%.

Wall Street Analyst Weigh In

HWM has been the topic of a number of recent research reports. Truist Financial set a $258.00 price objective on shares of Howmet Aerospace in a research note on Friday, January 9th. UBS Group upped their target price on Howmet Aerospace from $228.00 to $260.00 and gave the stock a “neutral” rating in a report on Tuesday, February 17th. Susquehanna lifted their price target on Howmet Aerospace from $255.00 to $290.00 and gave the company a “positive” rating in a report on Friday, February 13th. Royal Bank Of Canada reissued an “outperform” rating and issued a $275.00 price target on shares of Howmet Aerospace in a research report on Friday, February 13th. Finally, Sanford C. Bernstein restated an “outperform” rating and set a $280.00 price objective on shares of Howmet Aerospace in a research note on Tuesday, February 17th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, Howmet Aerospace currently has a consensus rating of “Moderate Buy” and an average price target of $252.95.

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.