Savant Capital LLC Trims Stock Holdings in Howmet Aerospace Inc. $HWM

Savant Capital LLC lowered its holdings in Howmet Aerospace Inc. (NYSE:HWMFree Report) by 82.6% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 5,534 shares of the company’s stock after selling 26,339 shares during the period. Savant Capital LLC’s holdings in Howmet Aerospace were worth $1,135,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of HWM. Newbridge Financial Services Group Inc. boosted its holdings 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 purchasing an additional 73 shares during the last quarter. Sound Income Strategies LLC boosted its holdings 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 purchasing an additional 50 shares during the last quarter. Laurel Wealth Advisors LLC purchased a new position in Howmet Aerospace in the fourth quarter valued at about $36,000. Harbor Investment Advisory LLC boosted its holdings in Howmet Aerospace by 339.0% in the fourth quarter. Harbor Investment Advisory LLC now owns 180 shares of the company’s stock valued at $37,000 after purchasing an additional 139 shares during the last quarter. Finally, Ares Financial Consulting LLC purchased a new position in Howmet Aerospace in the fourth quarter valued at about $37,000. Hedge funds and other institutional investors own 90.46% of the company’s stock.

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 that occurred on Monday, May 11th. The stock was sold at an average price of $269.50, for a total transaction of $11,300,674.00. Following the sale, the executive vice president owned 65,105 shares of the company’s stock, valued at approximately $17,545,797.50. The trade was a 39.18% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 0.85% of the company’s stock.

Howmet Aerospace Stock Performance

Shares of HWM opened at $255.24 on Tuesday. Howmet Aerospace Inc. has a 1 year low of $165.51 and a 1 year high of $280.74. The company has a market cap of $102.12 billion, a price-to-earnings ratio of 59.22, a price-to-earnings-growth ratio of 2.04 and a beta of 1.19. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.59 and a current ratio of 2.44. The firm has a fifty day moving average of $249.76 and a 200-day moving average of $230.69.

Howmet Aerospace (NYSE:HWMGet Free Report) last released its quarterly earnings data on Thursday, May 7th. The company reported $1.22 earnings per share for the quarter, topping analysts’ consensus estimates of $1.11 by $0.11. The business had revenue of $2.31 billion for the quarter, compared to analysts’ expectations of $2.24 billion. Howmet Aerospace had a net margin of 20.23% and a return on equity of 29.27%. The company’s revenue for the quarter was up 19.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.86 EPS. 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. As a group, equities analysts anticipate that Howmet Aerospace Inc. will post 5.04 earnings per share for the current year.

Howmet Aerospace Announces Dividend

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

Analysts Set New Price Targets

A number of brokerages recently commented on HWM. Morgan Stanley reissued an “overweight” rating and issued a $315.00 price target on shares of Howmet Aerospace in a report on Friday, May 8th. Susquehanna increased their price target on Howmet Aerospace from $300.00 to $330.00 and gave the company a “positive” rating in a report on Friday, May 8th. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $280.00 target price on shares of Howmet Aerospace in a report on Tuesday, February 17th. Wolfe Research set a $270.00 target price on Howmet Aerospace and gave the stock an “outperform” rating in a report on Wednesday, March 11th. Finally, KeyCorp initiated coverage on Howmet Aerospace in a report on Wednesday, March 25th. They set a “sector weight” rating on the stock. Eighteen equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $285.53.

Check Out Our Latest Research Report on HWM

Howmet Aerospace Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Howmet Aerospace (NYSE:HWM)

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