OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC Decreases Stock Holdings in Howmet Aerospace Inc. $HWM

OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC decreased its holdings in Howmet Aerospace Inc. (NYSE:HWMFree Report) by 20.0% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 20,000 shares of the company’s stock after selling 5,000 shares during the period. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Howmet Aerospace were worth $4,100,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the business. UMB Bank n.a. increased its position in shares of Howmet Aerospace by 2.6% during the 4th quarter. UMB Bank n.a. now owns 1,620 shares of the company’s stock valued at $332,000 after purchasing an additional 41 shares during the last quarter. Tudor Financial Inc. increased its position in shares of Howmet Aerospace by 2.6% during the 4th quarter. Tudor Financial Inc. now owns 1,650 shares of the company’s stock valued at $338,000 after purchasing an additional 42 shares during the last quarter. Parkside Financial Bank & Trust increased its position in shares of Howmet Aerospace by 4.1% during the 4th quarter. Parkside Financial Bank & Trust now owns 1,077 shares of the company’s stock valued at $221,000 after purchasing an additional 42 shares during the last quarter. Truvestments Capital LLC increased its position in shares of Howmet Aerospace by 25.1% during the 4th quarter. Truvestments Capital LLC now owns 224 shares of the company’s stock valued at $46,000 after purchasing an additional 45 shares during the last quarter. Finally, Salomon & Ludwin LLC increased its position in shares of Howmet Aerospace by 12.5% during the 4th quarter. Salomon & Ludwin LLC now owns 423 shares of the company’s stock valued at $90,000 after purchasing an additional 47 shares during the last quarter. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on HWM shares. BNP Paribas Exane reaffirmed an “outperform” rating and set a $340.00 price target (up from $265.00) on shares of Howmet Aerospace in a research report on Friday, May 8th. Susquehanna upped their price target on shares of Howmet Aerospace from $300.00 to $330.00 and gave the company a “positive” rating in a research report on Friday, May 8th. The Goldman Sachs Group set a $228.00 price target on shares of Howmet Aerospace in a research report on Tuesday, February 17th. UBS Group upped their price target on shares of Howmet Aerospace from $260.00 to $290.00 and gave the company a “neutral” rating in a research report on Friday, May 8th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and set a $280.00 price target on shares of Howmet Aerospace in a research report on Tuesday, February 17th. Eighteen research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $285.53.

View Our Latest Research Report on Howmet Aerospace

Insider Transactions at Howmet Aerospace

In related news, EVP Neil Edward Marchuk sold 41,932 shares of the stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $269.50, for a total value of $11,300,674.00. Following the completion of the sale, the executive vice president directly owned 65,105 shares of the company’s stock, valued at approximately $17,545,797.50. This represents a 39.18% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.85% of the company’s stock.

Howmet Aerospace Trading Up 2.4%

Howmet Aerospace stock opened at $270.91 on Tuesday. The firm has a 50 day moving average of $254.22 and a 200 day moving average of $234.50. The firm has a market capitalization of $108.39 billion, a price-to-earnings ratio of 62.86, a P/E/G ratio of 2.10 and a beta of 1.19. Howmet Aerospace Inc. has a 12-month low of $169.06 and a 12-month high of $280.74. The company has a current ratio of 2.44, a quick ratio of 1.59 and a debt-to-equity ratio of 0.73.

Howmet Aerospace (NYSE:HWMGet Free Report) last released its earnings results on Thursday, May 7th. The company reported $1.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.11 by $0.11. The company had revenue of $2.31 billion during the quarter, compared to analyst estimates of $2.24 billion. Howmet Aerospace had a net margin of 20.23% and a return on equity of 29.27%. The firm’s quarterly revenue was up 19.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $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, research analysts predict that Howmet Aerospace Inc. will post 5.04 earnings per share for the current year.

Howmet Aerospace Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, May 26th. Investors of record on Friday, May 8th were issued a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Friday, May 8th. Howmet Aerospace’s dividend payout ratio is currently 11.14%.

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.

See Also

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

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