Sigma Planning Corp trimmed its stake in shares of Howmet Aerospace Inc. (NYSE:HWM – Free Report) by 64.3% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,767 shares of the company’s stock after selling 3,185 shares during the period. Sigma Planning Corp’s holdings in Howmet Aerospace were worth $384,000 at the end of the most recent quarter.
Several other institutional investors also recently bought and sold shares of the stock. Citizens Financial Group Inc. RI grew its stake in Howmet Aerospace by 1.7% during the fourth quarter. Citizens Financial Group Inc. RI now owns 11,830 shares of the company’s stock valued at $2,425,000 after acquiring an additional 193 shares in the last quarter. Laurel Wealth Advisors LLC purchased a new position in Howmet Aerospace during the fourth quarter valued at $36,000. PVG Asset Management Corp purchased a new position in Howmet Aerospace during the fourth quarter valued at $478,000. Simplicity Wealth LLC grew its stake in Howmet Aerospace by 17.0% during the fourth quarter. Simplicity Wealth LLC now owns 1,472 shares of the company’s stock valued at $302,000 after acquiring an additional 214 shares in the last quarter. Finally, Interchange Capital Partners LLC grew its stake in Howmet Aerospace by 32.0% during the fourth quarter. Interchange Capital Partners LLC now owns 2,968 shares of the company’s stock valued at $608,000 after acquiring an additional 719 shares in the last quarter. 90.46% of the stock is owned by hedge funds and other institutional investors.
Insider Transactions at Howmet Aerospace
In related news, EVP Neil Edward Marchuk sold 45,150 shares of Howmet Aerospace stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $251.70, for a total transaction of $11,364,255.00. Following the completion of the transaction, the executive vice president directly owned 107,008 shares of the company’s stock, valued at approximately $26,933,913.60. The trade was a 29.67% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Barbara Lou Shultz sold 1,000 shares of Howmet Aerospace 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 transaction, the vice president directly owned 23,874 shares of the company’s stock, valued at approximately $6,207,240. This represents a 4.02% 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 currently owned by insiders.
Howmet Aerospace Price Performance
Howmet Aerospace (NYSE:HWM – Get Free Report) last released its earnings results on Thursday, February 12th. The company reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.97 by $0.08. Howmet Aerospace had a net margin of 18.27% and a return on equity of 30.41%. The firm had revenue of $2.17 billion during the quarter, compared to analyst estimates of $2.12 billion. During the same quarter last year, the business earned $0.77 EPS. The business’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. Analysts anticipate that Howmet Aerospace Inc. will post 4.57 earnings per share for the current fiscal year.
Howmet Aerospace Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Tuesday, May 26th. Investors of record on Friday, May 8th will be paid a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, May 8th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.2%. Howmet Aerospace’s payout ratio is currently 12.94%.
Analysts Set New Price Targets
Several equities analysts recently weighed in on HWM shares. JPMorgan Chase & Co. raised their target price on shares of Howmet Aerospace from $227.00 to $265.00 and gave the company an “overweight” rating in a research note on Thursday, February 19th. The Goldman Sachs Group set a $228.00 price objective on shares of Howmet Aerospace in a research report on Tuesday, February 17th. BTIG Research reiterated a “buy” rating and set a $275.00 price objective on shares of Howmet Aerospace in a research report on Tuesday, March 17th. Wall Street Zen upgraded shares of Howmet Aerospace from a “hold” rating to a “buy” rating in a research report on Sunday, January 18th. Finally, Jefferies Financial Group reiterated a “buy” rating and set a $315.00 price objective on shares of Howmet Aerospace in a research report on Sunday, February 15th. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $266.89.
Check Out Our Latest Stock Report on Howmet Aerospace
Howmet Aerospace 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.
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