Dana Investment Advisors Inc. decreased its holdings in Howmet Aerospace Inc. (NYSE:HWM – Free Report) by 6.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 39,759 shares of the company’s stock after selling 2,916 shares during the period. Dana Investment Advisors Inc.’s holdings in Howmet Aerospace were worth $8,151,000 at the end of the most recent quarter.
Other institutional investors have also bought and sold shares of the company. Silverleafe Capital Partners LLC lifted its stake in Howmet Aerospace by 339.3% in the 4th quarter. Silverleafe Capital Partners LLC now owns 5,847 shares of the company’s stock worth $1,199,000 after purchasing an additional 4,516 shares in the last quarter. LBP AM SA lifted its stake in Howmet Aerospace by 18.0% in the 3rd quarter. LBP AM SA now owns 68,499 shares of the company’s stock worth $13,442,000 after purchasing an additional 10,460 shares in the last quarter. Stratos Wealth Partners LTD. lifted its stake in Howmet Aerospace by 20.3% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 153,889 shares of the company’s stock worth $30,198,000 after purchasing an additional 25,957 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH lifted its stake in Howmet Aerospace by 8.2% in the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 475,814 shares of the company’s stock worth $96,916,000 after purchasing an additional 36,195 shares in the last quarter. Finally, Prime Capital Investment Advisors LLC grew its holdings in Howmet Aerospace by 7.8% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 68,019 shares of the company’s stock valued at $13,347,000 after buying an additional 4,907 shares in the last quarter. 90.46% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling
In other news, VP Barbara Lou Shultz sold 1,000 shares of the firm’s stock in a transaction that occurred on 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 trade represents a 4.02% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Neil Edward Marchuk sold 41,932 shares of the firm’s 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 $17,545,797.50. This represents a 39.18% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 88,082 shares of company stock valued at $22,924,929 in the last 90 days. Insiders own 0.85% of the company’s stock.
Howmet Aerospace Stock Down 4.4%
Howmet Aerospace (NYSE:HWM – Get Free Report) last announced its quarterly earnings results on Thursday, May 7th. The company reported $1.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.11 by $0.11. The business had revenue of $2.31 billion during the quarter, compared to the consensus estimate of $2.24 billion. Howmet Aerospace had a net margin of 20.23% and a return on equity of 29.27%. The business’s revenue was up 19.1% compared to the same quarter last year. During the same quarter last year, the firm 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. On average, equities research analysts predict that Howmet Aerospace Inc. will post 5.02 earnings per share for the current year.
Howmet Aerospace Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Tuesday, May 26th. Stockholders of record on Friday, May 8th will be issued 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 currently 11.14%.
Analyst Ratings Changes
A number of brokerages have issued reports on HWM. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Howmet Aerospace in a research note on Tuesday, April 21st. Wolfe Research set a $270.00 target price on Howmet Aerospace and gave the stock an “outperform” rating in a research note on Wednesday, March 11th. Susquehanna raised their target price on Howmet Aerospace from $300.00 to $330.00 and gave the stock a “positive” rating in a research note on Friday, May 8th. UBS Group raised their target price on Howmet Aerospace from $260.00 to $290.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. Finally, Truist Financial set a $280.00 target price on Howmet Aerospace in a research note on Wednesday, March 11th. Eighteen research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $283.84.
Read Our Latest Research Report on HWM
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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