Swiss National Bank Sells 59,300 Shares of Howmet Aerospace Inc. $HWM

Swiss National Bank lessened its position in shares of Howmet Aerospace Inc. (NYSE:HWM) by 5.1% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,105,484 shares of the company’s stock after selling 59,300 shares during the quarter. Swiss National Bank’s holdings in Howmet Aerospace were worth $216,929,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of HWM. Norges Bank bought a new stake in shares of Howmet Aerospace during the 2nd quarter valued at about $1,633,157,000. JPMorgan Chase & Co. increased its position in shares of Howmet Aerospace by 30.1% during the 2nd 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 last quarter. American Century Companies Inc. lifted its stake in shares of Howmet Aerospace by 51.8% in the 2nd quarter. American Century Companies Inc. now owns 3,635,999 shares of the company’s stock worth $676,769,000 after purchasing an additional 1,240,071 shares during the period. Westfield Capital Management Co. LP boosted its holdings in shares of Howmet Aerospace by 68.8% in the second quarter. Westfield Capital Management Co. LP now owns 1,915,955 shares of the company’s stock worth $356,617,000 after buying an additional 780,896 shares during the last quarter. Finally, Geode Capital Management LLC boosted its holdings in shares of Howmet Aerospace by 7.0% in the second quarter. Geode Capital Management LLC now owns 10,938,815 shares of the company’s stock worth $2,032,221,000 after buying an additional 719,888 shares during the last quarter. 90.46% of the stock is owned by hedge funds and other institutional investors.

Howmet Aerospace Trading Up 1.6%

Howmet Aerospace stock opened at $254.07 on Tuesday. The firm has a 50 day moving average of $230.14 and a 200 day moving average of $206.89. The firm has a market capitalization 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 12-month low of $105.04 and a 12-month high of $267.31. The company has a current ratio of 2.13, a quick ratio of 1.09 and a debt-to-equity ratio of 0.53.

Howmet Aerospace (NYSE:HWM) last issued its quarterly 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 the consensus estimate of $2.12 billion. Howmet Aerospace had a net margin of 18.27% and a return on equity of 30.41%. The company’s revenue for the quarter was up 14.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.77 earnings per share. 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, research analysts predict that Howmet Aerospace Inc. will post 3.27 earnings per share for the current year.

Howmet Aerospace Announces Dividend

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

Insider Buying and Selling at Howmet Aerospace

In related news, VP Barbara Lou Shultz sold 1,000 shares of the company’s stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $260.00, for a total value of $260,000.00. Following the completion of the transaction, the vice president owned 23,874 shares of the company’s stock, valued at approximately $6,207,240. This represents a 4.02% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible 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 of the company’s stock, valued at $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. Corporate insiders own 1.12% of the company’s stock.

Analyst Ratings Changes

A number of analysts have commented on HWM shares. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Howmet Aerospace in a report on Thursday, January 22nd. Jefferies Financial Group reiterated a “buy” rating and set a $315.00 price target on shares of Howmet Aerospace in a research note on Sunday, February 15th. Bank of America boosted their price objective on shares of Howmet Aerospace from $250.00 to $300.00 and gave the company a “buy” rating in a research report on Friday, February 20th. Sanford C. Bernstein reissued an “outperform” rating and set a $280.00 price objective on shares of Howmet Aerospace in a research report on Tuesday, February 17th. Finally, The Goldman Sachs Group set a $228.00 price objective on Howmet Aerospace in a research note on Tuesday, February 17th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $252.95.

Howmet Aerospace 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.