LGT Group Foundation Acquires 7,478 Shares of Howmet Aerospace Inc. $HWM

LGT Group Foundation boosted its holdings in shares of Howmet Aerospace Inc. (NYSE:HWMFree Report) by 58.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 20,314 shares of the company’s stock after buying an additional 7,478 shares during the quarter. LGT Group Foundation’s holdings in Howmet Aerospace were worth $3,958,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Traub Capital Management LLC acquired a new position in shares of Howmet Aerospace during the 2nd quarter valued at about $25,000. Winnow Wealth LLC bought a new stake in Howmet Aerospace during the second quarter worth approximately $25,000. Newbridge Financial Services Group Inc. boosted its position in Howmet Aerospace by 119.7% during the second quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock worth $25,000 after purchasing an additional 73 shares during the period. Tradewinds Capital Management LLC grew its holdings in Howmet Aerospace by 52.0% during the third quarter. Tradewinds Capital Management LLC now owns 152 shares of the company’s stock valued at $30,000 after purchasing an additional 52 shares during the last quarter. Finally, Atlantic Union Bankshares Corp acquired a new position in Howmet Aerospace during the second quarter valued at approximately $32,000. Institutional investors and hedge funds own 90.46% of the company’s stock.

Analyst Ratings Changes

HWM has been the subject of a number of analyst reports. Susquehanna boosted their price objective on shares of Howmet Aerospace from $255.00 to $290.00 and gave the stock a “positive” rating in a research note on Friday, February 13th. JPMorgan Chase & Co. lifted their target price on shares of Howmet Aerospace from $227.00 to $265.00 and gave the stock an “overweight” rating in a report on Thursday, February 19th. Bank of America boosted their target price on shares of Howmet Aerospace from $250.00 to $300.00 and gave the stock a “buy” rating in a research report on Friday, February 20th. The Goldman Sachs Group set a $228.00 price target on shares of Howmet Aerospace in a report on Tuesday, February 17th. Finally, Deutsche Bank Aktiengesellschaft set a $278.00 price objective on Howmet Aerospace and gave the stock a “buy” rating in a research note on Friday, February 13th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $252.95.

Check Out Our Latest Stock Analysis on HWM

Howmet Aerospace Trading Up 1.6%

Shares of HWM stock opened at $254.07 on Tuesday. The firm has a fifty day moving average of $230.14 and a 200-day moving average of $206.89. The stock has a market cap of $101.87 billion, a price-to-earnings ratio of 68.48, a P/E/G ratio of 2.32 and a beta of 1.20. Howmet Aerospace Inc. has a 52-week low of $105.04 and a 52-week high of $267.31. 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 (NYSE:HWMGet Free Report) last issued 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. The business had revenue of $2.17 billion for the quarter, compared to analyst estimates of $2.12 billion. Howmet Aerospace had a net margin of 18.27% and a return on equity of 30.41%. The firm’s revenue was up 14.6% on a year-over-year basis. During the same period in the previous year, the business earned $0.77 EPS. 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. On average, equities research analysts forecast that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, February 25th. Stockholders of record on Friday, February 6th were issued a $0.12 dividend. The ex-dividend date of this dividend was Friday, February 6th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.2%. Howmet Aerospace’s dividend payout ratio is presently 12.94%.

Insider Buying and Selling

In other Howmet Aerospace news, VP Barbara Lou Shultz sold 1,000 shares of the company’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 sale, the vice president directly owned 23,874 shares in the company, valued at $6,207,240. This represents a 4.02% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Neil Edward Marchuk sold 45,150 shares of the stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $251.70, for a total value of $11,364,255.00. Following the transaction, the executive vice president owned 107,008 shares of the company’s stock, valued at $26,933,913.60. This represents a 29.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 1.12% of the company’s stock.

About Howmet Aerospace

(Free Report)

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.

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Institutional Ownership by Quarter for Howmet Aerospace (NYSE:HWM)

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