Navellier & Associates Inc. Decreases Stock Position in Howmet Aerospace Inc. $HWM

Navellier & Associates Inc. lessened its holdings in Howmet Aerospace Inc. (NYSE:HWM) by 5.8% during the fourth quarter, HoldingsChannel.com reports. The fund owned 73,608 shares of the company’s stock after selling 4,566 shares during the period. Howmet Aerospace makes up about 1.7% of Navellier & Associates Inc.’s holdings, making the stock its 10th biggest holding. Navellier & Associates Inc.’s holdings in Howmet Aerospace were worth $15,091,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Newbridge Financial Services Group Inc. grew its position in Howmet Aerospace by 119.7% in the second quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock valued at $25,000 after acquiring an additional 73 shares during the last quarter. Sound Income Strategies LLC grew its position in Howmet Aerospace by 66.7% in the fourth quarter. Sound Income Strategies LLC now owns 125 shares of the company’s stock valued at $28,000 after acquiring an additional 50 shares during the last quarter. Manning & Napier Advisors LLC bought a new position in Howmet Aerospace in the third quarter valued at about $32,000. Flagship Wealth Advisors LLC bought a new position in Howmet Aerospace in the third quarter valued at about $33,000. Finally, Laurel Wealth Advisors LLC bought a new position in Howmet Aerospace in the fourth quarter valued at about $36,000. Institutional investors own 90.46% of the company’s stock.

Insider Activity at Howmet Aerospace

In related news, VP Barbara Lou Shultz sold 1,000 shares of the company’s stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $260.00, for a total value of $260,000.00. Following the sale, the vice president directly 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 sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Neil Edward Marchuk sold 45,150 shares of the company’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 value of $11,364,255.00. Following the completion of the sale, the executive vice president owned 107,008 shares in the company, valued at $26,933,913.60. The trade was a 29.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.85% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on HWM. Wells Fargo & Company began coverage on Howmet Aerospace in a research report on Wednesday, April 1st. They issued an “equal weight” rating and a $240.00 target price on the stock. KeyCorp began coverage on Howmet Aerospace in a research report on Wednesday, March 25th. They issued a “sector weight” rating on the stock. Susquehanna lifted their target price on Howmet Aerospace from $255.00 to $290.00 and gave the company a “positive” rating in a research report on Friday, February 13th. JPMorgan Chase & Co. lifted their target price on Howmet Aerospace from $227.00 to $265.00 and gave the company an “overweight” rating in a research report on Thursday, February 19th. Finally, Wall Street Zen upgraded Howmet Aerospace from a “hold” rating to a “buy” rating in a research report on Sunday, January 18th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, Howmet Aerospace currently has an average rating of “Moderate Buy” and an average price target of $266.89.

Howmet Aerospace Stock Performance

NYSE:HWM opened at $242.83 on Wednesday. The stock has a market cap of $97.30 billion, a P/E ratio of 65.45, a price-to-earnings-growth ratio of 2.21 and a beta of 1.19. 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 stock’s 50-day moving average is $245.65 and its 200-day moving average is $222.51. Howmet Aerospace Inc. has a 1-year low of $150.63 and a 1-year high of $267.31.

Howmet Aerospace (NYSE:HWM) last announced its earnings results on Thursday, February 12th. The company reported $1.05 EPS for the quarter, beating the consensus estimate 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 for the quarter, compared to analysts’ expectations of $2.12 billion. During the same period in the prior year, the business posted $0.77 earnings per share. The firm’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. Equities research analysts anticipate that Howmet Aerospace Inc. will post 4.57 earnings per share for the current year.

Howmet Aerospace Dividend Announcement

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