Morse Asset Management Inc Decreases Stake in Howmet Aerospace Inc. $HWM

Morse Asset Management Inc lowered its stake in Howmet Aerospace Inc. (NYSE:HWM) by 20.8% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 12,918 shares of the company’s stock after selling 3,384 shares during the quarter. Morse Asset Management Inc’s holdings in Howmet Aerospace were worth $2,535,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in HWM. Voya Investment Management LLC raised its stake in shares of Howmet Aerospace by 9.1% during the third quarter. Voya Investment Management LLC now owns 1,247,220 shares of the company’s stock valued at $244,742,000 after acquiring an additional 104,207 shares during the last quarter. Nordea Investment Management AB boosted its holdings in shares of Howmet Aerospace by 59.2% during the third quarter. Nordea Investment Management AB now owns 1,401,335 shares of the company’s stock worth $273,288,000 after purchasing an additional 521,180 shares during the period. GRIMES & Co WEALTH MANAGEMENT LLC bought a new stake in shares of Howmet Aerospace in the third quarter worth about $1,581,000. LBP AM SA increased its holdings in Howmet Aerospace by 18.0% during the 3rd quarter. LBP AM SA now owns 68,499 shares of the company’s stock valued at $13,442,000 after purchasing an additional 10,460 shares during the period. Finally, Greenup Street Wealth Management LLC increased its holdings in Howmet Aerospace by 76.3% during the 3rd quarter. Greenup Street Wealth Management LLC now owns 20,972 shares of the company’s stock valued at $4,115,000 after purchasing an additional 9,078 shares during the period. Institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Stock Performance

Shares of HWM opened at $240.94 on Tuesday. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.13 and a quick ratio of 1.09. Howmet Aerospace Inc. has a one year low of $105.04 and a one year high of $267.31. The company has a 50-day simple moving average of $233.84 and a two-hundred day simple moving average of $209.41. The firm has a market capitalization of $96.60 billion, a PE ratio of 64.94, a price-to-earnings-growth ratio of 2.19 and a beta of 1.20.

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

Howmet Aerospace Announces Dividend

The company also recently declared 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 dividend yield of 0.2%. Howmet Aerospace’s payout ratio is currently 12.94%.

Wall Street Analyst Weigh In

Several research firms have weighed in on HWM. BTIG Research increased their price objective on Howmet Aerospace from $240.00 to $275.00 and gave the stock a “buy” rating in a report on Wednesday, February 18th. Bank of America boosted their target price on Howmet Aerospace from $250.00 to $300.00 and gave the company a “buy” rating in a research note on Friday, February 20th. Wolfe Research set a $270.00 target price on Howmet Aerospace and gave the company an “outperform” rating in a report on Wednesday, March 11th. Wall Street Zen upgraded Howmet Aerospace from a “hold” rating to a “buy” rating in a report on Sunday, January 18th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Howmet Aerospace in a research note on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $256.15.

Insider Buying and Selling at Howmet Aerospace

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

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.