Candriam S.C.A. Sells 8,390 Shares of Howmet Aerospace Inc. $HWM

Candriam S.C.A. trimmed its stake in Howmet Aerospace Inc. (NYSE:HWM) by 16.5% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 42,409 shares of the company’s stock after selling 8,390 shares during the quarter. Candriam S.C.A.’s holdings in Howmet Aerospace were worth $9,774,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Acumen Wealth Advisors LLC acquired a new position in shares of Howmet Aerospace during the fourth quarter valued at about $25,000. Sound Income Strategies LLC grew its stake in shares of Howmet Aerospace by 66.7% in the 4th quarter. Sound Income Strategies LLC now owns 125 shares of the company’s stock valued at $28,000 after buying an additional 50 shares during the period. Newbridge Financial Services Group Inc. grew its stake in shares of Howmet Aerospace by 119.7% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock valued at $25,000 after buying an additional 73 shares during the period. Vermillion & White Wealth Management Group LLC increased its position in Howmet Aerospace by 65.1% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 137 shares of the company’s stock valued at $28,000 after buying an additional 54 shares in the last quarter. Finally, Mcguire Capital Advisors Inc. bought a new stake in Howmet Aerospace in the 4th quarter valued at about $28,000. 90.46% of the stock is owned by institutional investors.

Insider Transactions at Howmet Aerospace

In related news, EVP Neil Edward Marchuk sold 41,932 shares of the stock in a transaction on Monday, May 11th. The stock was 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 filing with the SEC, which can be accessed through the SEC website. Company insiders own 0.85% of the company’s stock.

Howmet Aerospace Price Performance

Shares of NYSE HWM opened at $270.88 on Monday. The stock has a market cap of $108.38 billion, a price-to-earnings ratio of 62.85, a PEG ratio of 2.13 and a beta of 1.19. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.59 and a current ratio of 2.44. Howmet Aerospace Inc. has a fifty-two week low of $169.45 and a fifty-two week high of $290.63. The firm’s 50-day simple moving average is $264.62 and its 200 day simple moving average is $244.72.

Howmet Aerospace (NYSE:HWM) last issued its quarterly earnings data on Thursday, May 7th. The company reported $1.22 EPS for the quarter, topping analysts’ consensus estimates of $1.11 by $0.11. The firm had revenue of $2.31 billion during the quarter, compared to analyst estimates of $2.24 billion. Howmet Aerospace had a return on equity of 29.27% and a net margin of 20.23%.The company’s revenue for the quarter was up 19.1% on a year-over-year basis. During the same period in the previous year, the company 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 anticipate that Howmet Aerospace Inc. will post 5.05 earnings per share for the current fiscal year.

Howmet Aerospace Announces Dividend

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

Analysts Set New Price Targets

Several research analysts have issued reports on the company. UBS Group increased 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. Sanford C. Bernstein restated an “outperform” rating and set a $318.00 price objective on shares of Howmet Aerospace in a report on Tuesday, June 16th. Wells Fargo & Company started coverage on Howmet Aerospace in a research report on Wednesday, April 1st. They set an “equal weight” rating and a $240.00 target price on the stock. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $320.00 target price on shares of Howmet Aerospace in a report on Friday, May 8th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Howmet Aerospace in a research report on Tuesday, April 21st. Eighteen research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $289.00.

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.