Howmet Aerospace Inc. $HWM Shares Purchased by QRG Capital Management Inc.

QRG Capital Management Inc. lifted its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM) by 20.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 22,815 shares of the company’s stock after purchasing an additional 3,882 shares during the quarter. QRG Capital Management Inc.’s holdings in Howmet Aerospace were worth $4,678,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in HWM. Invesco Ltd. increased its position in Howmet Aerospace by 12.2% during the third quarter. Invesco Ltd. now owns 7,367,438 shares of the company’s stock worth $1,445,712,000 after purchasing an additional 801,093 shares during the last quarter. Vanguard Group Inc. grew its position in Howmet Aerospace by 1.4% during the third quarter. Vanguard Group Inc. now owns 49,139,989 shares of the company’s stock valued at $9,642,740,000 after acquiring an additional 664,595 shares during the period. Federated Hermes Inc. increased its stake in Howmet Aerospace by 140.7% during the third quarter. Federated Hermes Inc. now owns 1,073,305 shares of the company’s stock worth $210,615,000 after acquiring an additional 627,397 shares during the last quarter. Nordea Investment Management AB lifted its stake in shares of Howmet Aerospace by 59.2% in the 3rd quarter. Nordea Investment Management AB now owns 1,401,335 shares of the company’s stock valued at $273,288,000 after purchasing an additional 521,180 shares in the last quarter. Finally, Franklin Resources Inc. increased its position in Howmet Aerospace by 116.7% during the 3rd quarter. Franklin Resources Inc. now owns 917,241 shares of the company’s stock worth $179,990,000 after purchasing an additional 493,872 shares in the last quarter. 90.46% of the stock is owned by institutional investors and hedge funds.

Howmet Aerospace Price Performance

HWM opened at $257.10 on Thursday. The company has a market capitalization of $103.02 billion, a P/E ratio of 69.30, a PEG ratio of 2.24 and a beta of 1.19. The company has a 50-day moving average of $245.66 and a 200-day moving average of $222.97. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.09 and a current ratio of 2.13. Howmet Aerospace Inc. has a 1-year low of $154.31 and a 1-year high of $267.31.

Howmet Aerospace (NYSE:HWM) last posted its quarterly earnings results on Thursday, February 12th. The company reported $1.05 EPS for the quarter, topping analysts’ consensus estimates of $0.97 by $0.08. The business had revenue of $2.17 billion during the quarter, compared to the consensus estimate of $2.12 billion. Howmet Aerospace had a return on equity of 30.41% and a net margin of 18.27%.The company’s revenue for the quarter was up 14.6% compared to the same quarter last year. During the same period last year, the firm earned $0.77 earnings per share. 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. Equities analysts expect that Howmet Aerospace Inc. will post 4.57 EPS 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. Stockholders of record on Friday, May 8th will be issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Friday, May 8th. Howmet Aerospace’s payout ratio is 12.94%.

Insider Activity at Howmet Aerospace

In related news, EVP Neil Edward Marchuk sold 45,150 shares of the company’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $251.70, for a total transaction of $11,364,255.00. Following the sale, the executive vice president directly owned 107,008 shares of the company’s stock, valued at approximately $26,933,913.60. This represents a 29.67% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, VP Barbara Lou Shultz sold 1,000 shares of the firm’s stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $260.00, for a total value of $260,000.00. Following the transaction, the vice president owned 23,874 shares in the company, valued at $6,207,240. This trade represents a 4.02% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.85% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on HWM shares. Wolfe Research set a $270.00 target price on shares of Howmet Aerospace and gave the company an “outperform” rating in a research note on Wednesday, March 11th. Weiss Ratings reiterated a “buy (b)” rating on shares of Howmet Aerospace in a research note on Tuesday, April 21st. The Goldman Sachs Group set a $228.00 price objective on shares of Howmet Aerospace in a report on Tuesday, February 17th. Wall Street Zen raised Howmet Aerospace from a “hold” rating to a “buy” rating in a research report on Sunday, January 18th. Finally, JPMorgan Chase & Co. increased their price target on Howmet Aerospace from $227.00 to $265.00 and gave the company an “overweight” rating in a report on Thursday, February 19th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $266.89.

About Howmet Aerospace

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.