M&T Bank Corp Trims Stake in Howmet Aerospace Inc. $HWM

M&T Bank Corp lessened its position in Howmet Aerospace Inc. (NYSE:HWM) by 18.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 19,933 shares of the company’s stock after selling 4,625 shares during the quarter. M&T Bank Corp’s holdings in Howmet Aerospace were worth $4,087,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Newbridge Financial Services Group Inc. lifted its stake in Howmet Aerospace by 119.7% in the second quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock worth $25,000 after purchasing an additional 73 shares during the last quarter. Sound Income Strategies LLC grew its stake in shares of Howmet Aerospace by 66.7% during the fourth quarter. Sound Income Strategies LLC now owns 125 shares of the company’s stock valued at $28,000 after buying an additional 50 shares during the last quarter. Tradewinds Capital Management LLC raised its holdings in shares of Howmet Aerospace by 52.0% in the third quarter. Tradewinds Capital Management LLC now owns 152 shares of the company’s stock worth $30,000 after buying an additional 52 shares during the period. Manning & Napier Advisors LLC purchased a new stake in shares of Howmet Aerospace in the third quarter worth approximately $32,000. Finally, Flagship Wealth Advisors LLC bought a new stake in shares of Howmet Aerospace during the 3rd quarter worth approximately $33,000. 90.46% of the stock is owned by hedge funds and other institutional investors.

Howmet Aerospace Stock Up 0.1%

Shares of NYSE:HWM opened at $242.57 on Monday. The business’s 50 day moving average is $246.78 and its 200 day moving average is $220.70. The stock has a market cap of $97.20 billion, a P/E ratio of 65.38, a price-to-earnings-growth ratio of 2.24 and a beta of 1.24. Howmet Aerospace Inc. has a 52-week low of $133.74 and a 52-week high of $267.31. The company has a quick ratio of 1.09, a current ratio of 2.13 and a debt-to-equity ratio of 0.53.

Howmet Aerospace (NYSE:HWM) last issued its earnings results on Thursday, February 12th. The company reported $1.05 earnings per share for the quarter, beating 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 business had revenue of $2.17 billion during the quarter, compared to analyst estimates of $2.12 billion. During the same period in the previous year, the company posted $0.77 EPS. Howmet Aerospace’s revenue was up 14.6% on a year-over-year basis. 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. Sell-side analysts predict that Howmet Aerospace Inc. will post 4.57 EPS for the current year.

Howmet Aerospace Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 26th. Investors of record on Friday, May 8th will be paid a $0.12 dividend. The ex-dividend date of this dividend is Friday, May 8th. This represents a $0.48 dividend on an annualized basis and a yield of 0.2%. Howmet Aerospace’s dividend payout ratio is 12.94%.

Analysts Set New Price Targets

A number of research firms recently issued reports on HWM. Bank of America boosted their price objective on Howmet Aerospace from $250.00 to $300.00 and gave the company a “buy” rating in a report on Friday, February 20th. Sanford C. Bernstein reiterated an “outperform” rating and set a $280.00 target price on shares of Howmet Aerospace in a research report on Tuesday, February 17th. KeyCorp initiated coverage on shares of Howmet Aerospace in a research note on Wednesday, March 25th. They set a “sector weight” rating for the company. Morgan Stanley restated an “overweight” rating and issued a $280.00 price target on shares of Howmet Aerospace in a report on Friday, February 13th. Finally, Truist Financial set a $280.00 price target on shares of Howmet Aerospace in a research note on Wednesday, March 11th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $266.89.

Insider Transactions at Howmet Aerospace

In related 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 transaction of $11,364,255.00. Following the sale, the executive vice president owned 107,008 shares of the company’s stock, valued at $26,933,913.60. This trade represents a 29.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Barbara Lou Shultz sold 1,000 shares of the firm’s stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $260.00, for a total transaction of $260,000.00. Following the completion of the sale, the vice president owned 23,874 shares in the company, valued at $6,207,240. This represents a 4.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.85% of the stock is owned by corporate 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.