Public Sector Pension Investment Board Raises Stock Position in Howmet Aerospace Inc. $HWM

Public Sector Pension Investment Board lifted its position in shares of Howmet Aerospace Inc. (NYSE:HWM) by 13.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,481 shares of the company’s stock after acquiring an additional 4,341 shares during the quarter. Public Sector Pension Investment Board’s holdings in Howmet Aerospace were worth $7,355,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of HWM. Vanguard Group Inc. grew its holdings in Howmet Aerospace by 1.4% in the second quarter. Vanguard Group Inc. now owns 48,475,394 shares of the company’s stock valued at $9,022,725,000 after purchasing an additional 662,132 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in Howmet Aerospace by 30.1% in the second quarter. JPMorgan Chase & Co. now owns 31,806,624 shares of the company’s stock valued at $5,920,181,000 after purchasing an additional 7,356,077 shares during the period. State Street Corp raised its stake in Howmet Aerospace by 1.2% during the second quarter. State Street Corp now owns 17,686,075 shares of the company’s stock worth $3,291,909,000 after purchasing an additional 205,424 shares during the period. Geode Capital Management LLC boosted its holdings in Howmet Aerospace by 7.0% in the second quarter. Geode Capital Management LLC now owns 10,938,815 shares of the company’s stock valued at $2,032,221,000 after acquiring an additional 719,888 shares during the last quarter. Finally, Norges Bank acquired a new position in shares of Howmet Aerospace in the 2nd quarter valued at about $1,633,157,000. Institutional investors and hedge funds own 90.46% of the company’s stock.

Howmet Aerospace Price Performance

Shares of HWM opened at $251.96 on Wednesday. Howmet Aerospace Inc. has a 52 week low of $105.04 and a 52 week high of $256.70. The company has a current ratio of 2.13, a quick ratio of 1.09 and a debt-to-equity ratio of 0.53. The firm has a market cap of $101.02 billion, a price-to-earnings ratio of 67.91, a PEG ratio of 2.36 and a beta of 1.26. The stock has a 50 day moving average of $214.87 and a 200-day moving average of $199.00.

Howmet Aerospace (NYSE:HWM) last released its earnings results on Thursday, February 12th. The company reported $1.05 earnings per share for the quarter, beating the consensus estimate of $0.97 by $0.08. Howmet Aerospace had a net margin of 18.27% and a return on equity of 30.41%. The firm had revenue of $2.17 billion during the quarter, compared to analyst estimates of $2.12 billion. During the same quarter in the previous year, the firm earned $0.77 earnings per share. The firm’s revenue for the quarter was up 14.6% compared to the same quarter last year. 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. As a group, analysts forecast that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, February 25th. Shareholders of record on Friday, February 6th will be paid a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, February 6th. This represents a $0.48 annualized dividend and a yield of 0.2%. Howmet Aerospace’s payout ratio is presently 12.94%.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. TD Cowen reissued a “buy” rating on shares of Howmet Aerospace in a research report on Friday, October 31st. Deutsche Bank Aktiengesellschaft set a $278.00 price objective on Howmet Aerospace and gave the company a “buy” rating in a research report on Friday. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $275.00 target price on shares of Howmet Aerospace in a research report on Friday. Sanford C. Bernstein reissued an “outperform” rating and set a $280.00 price target on shares of Howmet Aerospace in a research report on Tuesday. Finally, JPMorgan Chase & Co. increased their price objective on shares of Howmet Aerospace from $190.00 to $227.00 and gave the company an “overweight” rating in a research report on Monday, November 10th. 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. Based on data from MarketBeat, Howmet Aerospace presently has an average rating of “Moderate Buy” and a consensus price target of $246.47.

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.