Rockefeller Capital Management L.P. Purchases 18,581 Shares of Howmet Aerospace Inc. $HWM

Rockefeller Capital Management L.P. raised its position in Howmet Aerospace Inc. (NYSE:HWM) by 45.5% in the 4th quarter, HoldingsChannel reports. The fund owned 59,409 shares of the company’s stock after purchasing an additional 18,581 shares during the period. Rockefeller Capital Management L.P.’s holdings in Howmet Aerospace were worth $12,180,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in HWM. Brighton Jones LLC lifted its position in shares of Howmet Aerospace by 5.4% in the 4th quarter. Brighton Jones LLC now owns 2,548 shares of the company’s stock worth $279,000 after acquiring an additional 130 shares during the period. Acadian Asset Management LLC bought a new stake in shares of Howmet Aerospace during the first quarter valued at approximately $399,000. Sivia Capital Partners LLC acquired a new position in shares of Howmet Aerospace in the second quarter valued at $216,000. Brown Advisory Inc. raised its stake in shares of Howmet Aerospace by 31.0% in the second quarter. Brown Advisory Inc. now owns 4,180 shares of the company’s stock valued at $778,000 after purchasing an additional 990 shares in the last quarter. Finally, Cary Street Partners Financial LLC acquired a new position in shares of Howmet Aerospace in the second quarter valued at $145,000. Institutional investors and hedge funds own 90.46% of the company’s stock.

Wall Street Analyst Weigh In

HWM has been the topic of a number of recent research reports. UBS Group lifted their price target on shares of Howmet Aerospace from $260.00 to $290.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. KeyCorp started coverage on shares of Howmet Aerospace in a research note on Wednesday, March 25th. They issued a “sector weight” rating for the company. Wells Fargo & Company initiated coverage on shares of Howmet Aerospace in a report on Wednesday, April 1st. They set an “equal weight” rating and a $240.00 price objective for the company. Citigroup lifted their target price on shares of Howmet Aerospace from $271.00 to $303.00 and gave the company a “buy” rating in a research report on Monday, May 18th. Finally, Royal Bank Of Canada upped their target price on shares of Howmet Aerospace from $275.00 to $300.00 and gave the company an “outperform” rating in a research note on Wednesday, March 11th. Eighteen research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $287.53.

Howmet Aerospace Price Performance

Shares of HWM stock opened at $275.85 on Thursday. The stock’s fifty day simple moving average is $258.85 and its 200 day simple moving average is $238.38. Howmet Aerospace Inc. has a one year low of $169.45 and a one year high of $290.63. The firm has a market cap of $110.37 billion, a price-to-earnings ratio of 64.00, a P/E/G ratio of 2.18 and a beta of 1.19. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.44 and a quick ratio of 1.59.

Howmet Aerospace (NYSE:HWM) last released its quarterly earnings data on Thursday, May 7th. The company reported $1.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.11 by $0.11. The firm had revenue of $2.31 billion during the quarter, compared to analyst estimates of $2.24 billion. Howmet Aerospace had a return on equity of 29.27% and a net margin of 20.23%.The business’s revenue for the quarter was up 19.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.86 earnings per share. Howmet Aerospace has set its FY 2026 guidance at 4.880-5.000 EPS and its Q2 2026 guidance at 1.220-1.240 EPS. On average, analysts expect that Howmet Aerospace Inc. will post 5.04 earnings per share for the current fiscal year.

Howmet Aerospace Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, May 26th. Investors of record on Friday, May 8th were given a dividend of $0.12 per share. The ex-dividend date was Friday, May 8th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.2%. Howmet Aerospace’s dividend payout ratio (DPR) is 11.14%.

Insider Activity

In related news, EVP Neil Edward Marchuk sold 41,932 shares of the stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $269.50, for a total transaction of $11,300,674.00. Following the completion of the sale, the executive vice president owned 65,105 shares in the company, valued at $17,545,797.50. This trade represents a 39.18% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.85% of the stock is owned by company insiders.

Howmet Aerospace Company 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.