WINTON GROUP Ltd trimmed its holdings in Howmet Aerospace Inc. (NYSE:HWM – Free Report) by 71.2% during the third quarter, Holdings Channel.com reports. The fund owned 7,424 shares of the company’s stock after selling 18,390 shares during the period. WINTON GROUP Ltd’s holdings in Howmet Aerospace were worth $1,457,000 at the end of the most recent reporting period.
Other hedge funds have also recently added to or reduced their stakes in the company. LGT Group Foundation raised its position in Howmet Aerospace by 58.3% during the third quarter. LGT Group Foundation now owns 20,314 shares of the company’s stock worth $3,958,000 after acquiring an additional 7,478 shares during the last quarter. Russell Investments Group Ltd. grew its position in shares of Howmet Aerospace by 26.6% in the third quarter. Russell Investments Group Ltd. now owns 349,459 shares of the company’s stock valued at $68,545,000 after purchasing an additional 73,410 shares during the last quarter. Certified Advisory Corp increased its stake in shares of Howmet Aerospace by 18.6% during the 3rd quarter. Certified Advisory Corp now owns 6,528 shares of the company’s stock worth $1,281,000 after purchasing an additional 1,023 shares in the last quarter. PFG Advisors increased its stake in shares of Howmet Aerospace by 4.9% during the 3rd quarter. PFG Advisors now owns 11,832 shares of the company’s stock worth $2,322,000 after purchasing an additional 558 shares in the last quarter. Finally, Diversify Advisory Services LLC acquired a new position in shares of Howmet Aerospace during the 3rd quarter worth approximately $366,000. 90.46% of the stock is currently owned by hedge funds and other institutional investors.
Insider Transactions at Howmet Aerospace
In other Howmet Aerospace news, EVP Neil Edward Marchuk sold 45,150 shares of the firm’s stock in a transaction dated 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 directly 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 position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Barbara Lou Shultz sold 1,000 shares of Howmet Aerospace stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $260.00, for a total value of $260,000.00. Following the completion of the sale, the vice president owned 23,874 shares of the company’s stock, valued at $6,207,240. This trade represents a 4.02% decrease in their position. The SEC filing for this sale provides additional information. 1.12% of the stock is currently owned by company insiders.
Wall Street Analyst Weigh In
Read Our Latest Research Report on Howmet Aerospace
Howmet Aerospace Stock Down 0.1%
HWM stock opened at $253.97 on Wednesday. The company has a 50 day moving average price of $231.06 and a two-hundred day moving average price of $207.48. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.09 and a current ratio of 2.13. The stock has a market capitalization of $101.83 billion, a P/E ratio of 68.46, a PEG ratio of 2.36 and a beta of 1.21. Howmet Aerospace Inc. has a one year low of $105.04 and a one year high of $267.31.
Howmet Aerospace (NYSE:HWM – Get Free Report) last issued its quarterly earnings results on Thursday, February 12th. The company reported $1.05 earnings per share for the quarter, topping analysts’ consensus estimates of $0.97 by $0.08. Howmet Aerospace had a return on equity of 30.41% and a net margin of 18.27%.The company had revenue of $2.17 billion for the quarter, compared to analyst estimates of $2.12 billion. During the same quarter in the prior year, the company posted $0.77 EPS. The business’s revenue for the quarter was up 14.6% compared to the same quarter last year. 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. As a group, sell-side analysts expect that Howmet Aerospace Inc. will post 3.27 EPS for the current year.
Howmet Aerospace Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 25th. Investors of record on Friday, February 6th were given a dividend of $0.12 per share. The ex-dividend date was Friday, February 6th. This represents a $0.48 annualized dividend and a yield of 0.2%. Howmet Aerospace’s dividend payout ratio is 12.94%.
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.
See Also
- Five stocks we like better than Howmet Aerospace
- The gold chart Wall Street is terrified of…
- What a Former CIA Agent Knows About the Coming Collapse
- Elon Musk already made me a “wealthy man”
- Unlocked: Elon Musk’s Next Big IPO
- 1,500 Banks Just Handed the Fed Your Bank Account
Want to see what other hedge funds are holding HWM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Howmet Aerospace Inc. (NYSE:HWM – Free Report).
Receive News & Ratings for Howmet Aerospace Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Howmet Aerospace and related companies with MarketBeat.com's FREE daily email newsletter.
