State of New Jersey Common Pension Fund D Trims Stock Holdings in Howmet Aerospace Inc. $HWM

State of New Jersey Common Pension Fund D decreased its position in Howmet Aerospace Inc. (NYSE:HWM) by 2.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 129,719 shares of the company’s stock after selling 3,300 shares during the period. State of New Jersey Common Pension Fund D’s holdings in Howmet Aerospace were worth $26,595,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in HWM. Brighton Jones LLC raised its stake in Howmet Aerospace by 5.4% in the 4th quarter. Brighton Jones LLC now owns 2,548 shares of the company’s stock worth $279,000 after acquiring an additional 130 shares during the last quarter. Acadian Asset Management LLC purchased a new position in Howmet Aerospace in the 1st quarter worth $399,000. Sivia Capital Partners LLC purchased a new position in Howmet Aerospace in the 2nd quarter worth $216,000. Brown Advisory Inc. raised its stake in Howmet Aerospace by 31.0% in the 2nd quarter. Brown Advisory Inc. now owns 4,180 shares of the company’s stock worth $778,000 after acquiring an additional 990 shares during the last quarter. Finally, Cary Street Partners Financial LLC purchased a new position in Howmet Aerospace in the 2nd quarter worth $145,000. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Insider Transactions at Howmet Aerospace

In other news, VP Barbara Lou Shultz sold 1,000 shares of the firm’s stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $260.00, for a total transaction of $260,000.00. Following the sale, the vice president directly owned 23,874 shares in the company, valued at $6,207,240. This trade represents a 4.02% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Neil Edward Marchuk sold 45,150 shares of the firm’s stock in a transaction dated 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 sale, the executive vice president owned 107,008 shares in the company, valued at $26,933,913.60. This trade represents a 29.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.85% of the stock is owned by company insiders.

Howmet Aerospace Price Performance

NYSE:HWM opened at $243.29 on Friday. Howmet Aerospace Inc. has a 52 week low of $144.71 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. The stock has a market capitalization of $97.49 billion, a PE ratio of 65.58, a price-to-earnings-growth ratio of 2.18 and a beta of 1.24. The stock’s 50-day moving average price is $245.96 and its 200-day moving average price is $221.73.

Howmet Aerospace (NYSE:HWM) last posted its 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. Howmet Aerospace had a return on equity of 30.41% and a net margin of 18.27%.The firm had revenue of $2.17 billion for the quarter, compared to analysts’ expectations of $2.12 billion. During the same period last year, the firm earned $0.77 EPS. The company’s quarterly 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. As a group, equities analysts expect that Howmet Aerospace Inc. will post 4.57 EPS for the current fiscal year.

Howmet Aerospace Dividend Announcement

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

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. Bank of America raised their target price on Howmet Aerospace from $250.00 to $300.00 and gave the stock a “buy” rating in a research note on Friday, February 20th. The Goldman Sachs Group set a $228.00 target price on Howmet Aerospace in a research note on Tuesday, February 17th. Susquehanna increased their price target on Howmet Aerospace from $255.00 to $290.00 and gave the stock a “positive” rating in a research report on Friday, February 13th. Royal Bank Of Canada increased their price target on Howmet Aerospace from $275.00 to $300.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 11th. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $280.00 price target on shares of Howmet Aerospace in a research report on Friday, February 13th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, Howmet Aerospace presently has an average rating of “Moderate Buy” and a consensus price target of $266.89.

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.