Healthcare of Ontario Pension Plan Trust Fund Has $5.80 Million Stake in Howmet Aerospace Inc. $HWM

Healthcare of Ontario Pension Plan Trust Fund lifted its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM) by 58.4% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,182 shares of the company’s stock after purchasing an additional 9,288 shares during the period. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Howmet Aerospace were worth $5,803,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of HWM. Acumen Wealth Advisors LLC acquired a new stake in shares of Howmet Aerospace in the 4th quarter valued at about $25,000. Sound Income Strategies LLC raised its position in 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 last quarter. Newbridge Financial Services Group Inc. raised its holdings in shares of Howmet Aerospace by 119.7% in the second quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock valued at $25,000 after purchasing an additional 73 shares during the last quarter. Vermillion & White Wealth Management Group LLC increased its stake 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 during the last quarter. Finally, Mcguire Capital Advisors Inc. purchased a new stake in shares of Howmet Aerospace during the fourth quarter valued at approximately $28,000. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Howmet Aerospace

In other news, EVP Neil Edward Marchuk sold 41,932 shares of the company’s stock in a transaction dated 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 sale, the executive vice president directly 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.85% of the company’s stock.

Analyst Ratings Changes

HWM has been the topic of several research reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Howmet Aerospace in a research report on Friday, July 17th. Jefferies Financial Group boosted their price objective on Howmet Aerospace from $320.00 to $340.00 and gave the company a “buy” rating in a research note on Thursday, July 9th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $318.00 target price on shares of Howmet Aerospace in a research note on Tuesday, June 16th. BTIG Research lifted their price target on Howmet Aerospace from $275.00 to $300.00 and gave the company a “buy” rating in a research report on Friday, May 8th. Finally, TD Cowen upped their target price on shares of Howmet Aerospace from $300.00 to $320.00 and gave the stock a “buy” rating in a research report on Monday, July 13th. Eighteen analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $294.53.

Howmet Aerospace Trading Down 4.4%

HWM opened at $273.35 on Thursday. The business has a 50 day simple moving average of $269.06 and a two-hundred day simple moving average of $251.02. Howmet Aerospace Inc. has a one year low of $169.45 and a one year high of $295.28. The firm has a market capitalization of $109.37 billion, a price-to-earnings ratio of 63.42, a PEG ratio of 2.25 and a beta of 1.19. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.44 and a quick ratio of 1.59.

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. The business had revenue of $2.31 billion for the quarter, compared to analysts’ expectations of $2.24 billion. Howmet Aerospace had a net margin of 20.23% and a return on equity of 29.27%. The firm’s revenue for the quarter was up 19.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.86 earnings per share. 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. Analysts predict that Howmet Aerospace Inc. will post 5.05 EPS for the current year.

Howmet Aerospace Increases Dividend

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

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.