65,169 Shares in Howmet Aerospace Inc. $HWM Bought by SEB Asset Management AB

SEB Asset Management AB bought a new stake in Howmet Aerospace Inc. (NYSE:HWM) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 65,169 shares of the company’s stock, valued at approximately $15,019,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. State Street Corp lifted its holdings in Howmet Aerospace by 2.2% during the 4th quarter. State Street Corp now owns 18,365,429 shares of the company’s stock worth $3,765,280,000 after buying an additional 400,767 shares during the last quarter. Price T Rowe Associates Inc. MD increased its holdings in shares of Howmet Aerospace by 27.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 16,632,206 shares of the company’s stock valued at $3,409,936,000 after acquiring an additional 3,531,700 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of Howmet Aerospace by 2.0% in the 4th quarter. Geode Capital Management LLC now owns 11,307,538 shares of the company’s stock valued at $2,316,277,000 after acquiring an additional 221,775 shares during the last quarter. Norges Bank acquired a new stake in shares of Howmet Aerospace during the 4th quarter worth about $1,793,698,000. Finally, Morgan Stanley raised its position in shares of Howmet Aerospace by 0.7% during the 4th quarter. Morgan Stanley now owns 5,533,106 shares of the company’s stock worth $1,134,398,000 after acquiring an additional 39,873 shares in the last quarter. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

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

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. Wall Street Zen cut Howmet Aerospace from a “strong-buy” rating to a “buy” rating in a research note on Sunday, July 5th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $318.00 price target on shares of Howmet Aerospace in a research note on Tuesday, June 16th. Morgan Stanley reissued an “overweight” rating and set a $315.00 price objective on shares of Howmet Aerospace in a report on Friday, May 8th. Wells Fargo & Company began coverage on shares of Howmet Aerospace in a research report on Wednesday, April 1st. They set an “equal weight” rating and a $240.00 price objective for the company. Finally, Jefferies Financial Group upped their target price on shares of Howmet Aerospace from $320.00 to $340.00 and gave the company a “buy” rating in a report on Thursday, July 9th. Eighteen analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $293.21.

Howmet Aerospace Stock Down 0.1%

Shares of NYSE:HWM opened at $272.20 on Tuesday. The stock has a market cap of $108.91 billion, a P/E ratio of 63.16, a P/E/G ratio of 2.14 and a beta of 1.19. The firm has a fifty day moving average price of $266.28 and a 200 day moving average price of $247.39. 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 Inc. has a 1-year low of $169.45 and a 1-year high of $290.63.

Howmet Aerospace (NYSE:HWM) last issued 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 company had revenue of $2.31 billion for the quarter, compared to the consensus estimate of $2.24 billion. Howmet Aerospace had a net margin of 20.23% and a return on equity of 29.27%. Howmet Aerospace’s revenue for the quarter was up 19.1% on a year-over-year basis. During the same period last year, the firm posted $0.86 EPS. 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. Sell-side analysts predict that Howmet Aerospace Inc. will post 5.05 EPS for the current year.

Howmet Aerospace Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, May 26th. Investors of record on Friday, May 8th were issued a dividend of $0.12 per share. The ex-dividend date of this dividend 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 currently 11.14%.

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.