State of Wyoming Sells 1,763 Shares of Howmet Aerospace Inc. $HWM

State of Wyoming decreased its position in shares of Howmet Aerospace Inc. (NYSE:HWM) by 58.5% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,249 shares of the company’s stock after selling 1,763 shares during the quarter. State of Wyoming’s holdings in Howmet Aerospace were worth $288,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Cetera Investment Advisers raised its holdings in Howmet Aerospace by 10.4% during the first quarter. Cetera Investment Advisers now owns 125,572 shares of the company’s stock valued at $28,939,000 after acquiring an additional 11,872 shares during the period. Signature Equity Partners LLC boosted its stake in shares of Howmet Aerospace by 26.1% in the first quarter. Signature Equity Partners LLC now owns 1,129 shares of the company’s stock worth $260,000 after acquiring an additional 234 shares during the period. CI Investments Inc. grew its position in shares of Howmet Aerospace by 881.9% during the first quarter. CI Investments Inc. now owns 216,816 shares of the company’s stock worth $49,967,000 after purchasing an additional 194,735 shares in the last quarter. Marin Bay Wealth Advisors LLC grew its position in shares of Howmet Aerospace by 9.4% during the first quarter. Marin Bay Wealth Advisors LLC now owns 1,126 shares of the company’s stock worth $259,000 after purchasing an additional 97 shares in the last quarter. Finally, Chase Investment Counsel Corp raised its stake in Howmet Aerospace by 5.9% during the 1st quarter. Chase Investment Counsel Corp now owns 43,582 shares of the company’s stock valued at $10,043,000 after purchasing an additional 2,410 shares during the period. Institutional investors own 90.46% of the company’s stock.

Insider Buying and Selling at Howmet Aerospace

In related news, EVP Neil Edward Marchuk sold 41,932 shares of the firm’s stock in a transaction 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 transaction, the executive vice president directly owned 65,105 shares of the company’s stock, valued at approximately $17,545,797.50. This trade represents a 39.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.85% of the company’s stock.

Howmet Aerospace Price Performance

NYSE:HWM opened at $286.84 on Wednesday. The business’s 50-day moving average is $268.81 and its 200 day moving average is $250.57. Howmet Aerospace Inc. has a 12 month low of $169.45 and a 12 month high of $295.28. The company has a market capitalization of $114.77 billion, a P/E ratio of 66.55, a P/E/G ratio of 2.26 and a beta of 1.19. 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:HWM) last released its quarterly earnings results on Thursday, May 7th. The company reported $1.22 earnings per share for the quarter, beating the consensus estimate of $1.11 by $0.11. Howmet Aerospace had a return on equity of 29.27% and a net margin of 20.23%.The business had revenue of $2.31 billion during the quarter, compared to analysts’ expectations of $2.24 billion. During the same quarter last year, the business posted $0.86 EPS. The firm’s revenue for the quarter was up 19.1% compared to the same quarter last year. 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 forecast that Howmet Aerospace Inc. will post 5.05 earnings per share for the current fiscal year.

Howmet Aerospace Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, August 25th. Stockholders of record on Friday, August 7th will be given a dividend of $0.14 per share. The ex-dividend date is Friday, August 7th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.2%. This is an increase from Howmet Aerospace’s previous quarterly dividend of $0.12. Howmet Aerospace’s dividend payout ratio is currently 11.14%.

Wall Street Analyst Weigh In

HWM has been the topic of a number of research analyst reports. UBS Group boosted their price target on Howmet Aerospace from $260.00 to $290.00 and gave the stock a “neutral” rating in a report on Friday, May 8th. Wells Fargo & Company assumed coverage on shares of Howmet Aerospace in a report on Wednesday, April 1st. They set an “equal weight” rating and a $240.00 price objective for the company. Citigroup lifted their price objective on shares of Howmet Aerospace from $303.00 to $311.00 and gave the company a “buy” rating in a research report on Wednesday, July 1st. Royal Bank Of Canada boosted their target price on shares of Howmet Aerospace from $300.00 to $325.00 and gave the stock an “outperform” rating in a report on Monday. Finally, BNP Paribas Exane restated an “outperform” rating and set a $340.00 target price (up from $265.00) on shares of Howmet Aerospace in a research report on Friday, May 8th. Eighteen research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, Howmet Aerospace currently has a consensus rating of “Moderate Buy” and an average price target of $294.53.

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.