Richard Bernstein Advisors LLC Sells 14,421 Shares of Howmet Aerospace Inc. $HWM

Richard Bernstein Advisors LLC lowered its stake in Howmet Aerospace Inc. (NYSE:HWM) by 46.1% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 16,873 shares of the company’s stock after selling 14,421 shares during the quarter. Richard Bernstein Advisors LLC’s holdings in Howmet Aerospace were worth $3,311,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of HWM. Traub Capital Management LLC acquired a new stake in shares of Howmet Aerospace during the 2nd quarter worth about $25,000. Winnow Wealth LLC purchased a new position in Howmet Aerospace during the 2nd quarter valued at about $25,000. 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 buying an additional 73 shares during the last quarter. Tradewinds Capital Management LLC lifted its position in Howmet Aerospace by 52.0% in the 3rd quarter. Tradewinds Capital Management LLC now owns 152 shares of the company’s stock valued at $30,000 after acquiring an additional 52 shares in the last quarter. Finally, Atlantic Union Bankshares Corp acquired a new stake in shares of Howmet Aerospace during the second quarter worth $32,000. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Insider Activity at Howmet Aerospace

In related news, VP Barbara Lou Shultz sold 1,000 shares of Howmet Aerospace stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $260.00, for a total transaction of $260,000.00. Following the transaction, the vice president owned 23,874 shares in the company, valued at approximately $6,207,240. The trade was a 4.02% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 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 completion of the sale, the executive vice president owned 107,008 shares in the company, valued at approximately $26,933,913.60. The trade was a 29.67% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 1.12% of the company’s stock.

Howmet Aerospace Price Performance

NYSE HWM opened at $254.07 on Tuesday. The company has a market cap of $101.87 billion, a PE 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. The firm’s 50 day moving average price is $230.14 and its 200-day moving average price is $206.89.

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

Howmet Aerospace Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 25th. Investors of record on Friday, February 6th were given a dividend of $0.12 per share. The ex-dividend date was Friday, February 6th. This represents a $0.48 annualized dividend and a yield of 0.2%. Howmet Aerospace’s dividend payout ratio (DPR) is currently 12.94%.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on HWM shares. BNP Paribas Exane started coverage on Howmet Aerospace in a research note on Tuesday, November 18th. They set an “outperform” rating and a $240.00 price objective for the company. UBS Group boosted their target price on Howmet Aerospace from $228.00 to $260.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 17th. The Goldman Sachs Group set a $228.00 price objective on Howmet Aerospace in a report on Tuesday, February 17th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $280.00 price objective on shares of Howmet Aerospace in a research report on Tuesday, February 17th. Finally, Wall Street Zen raised shares of Howmet Aerospace from a “hold” rating to a “buy” rating in a research note on Sunday, January 18th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $252.95.

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.