Howmet Aerospace Inc. $HWM Shares Sold by TD Asset Management Inc

TD Asset Management Inc lessened its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM) by 1.8% during the third quarter, HoldingsChannel reports. The fund owned 2,522,121 shares of the company’s stock after selling 47,228 shares during the period. TD Asset Management Inc’s holdings in Howmet Aerospace were worth $494,916,000 at the end of the most recent reporting period.

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

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. Jefferies Financial Group reiterated a “buy” rating and issued a $315.00 price objective on shares of Howmet Aerospace in a research report on Sunday, February 15th. BNP Paribas Exane assumed coverage on shares of Howmet Aerospace in a research report on Tuesday, November 18th. They issued an “outperform” rating and a $240.00 price target on the stock. UBS Group raised their price objective on shares of Howmet Aerospace from $228.00 to $260.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 17th. Truist Financial set a $258.00 price objective on Howmet Aerospace in a research report on Friday, January 9th. Finally, Wall Street Zen upgraded Howmet Aerospace from a “hold” rating to a “buy” rating in a report on Sunday, January 18th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $252.95.

Howmet Aerospace Trading Up 1.5%

Shares of Howmet Aerospace stock opened at $260.84 on Wednesday. Howmet Aerospace Inc. has a fifty-two week low of $105.04 and a fifty-two week high of $261.69. The business’s fifty day moving average is $220.81 and its two-hundred day moving average is $201.63. The company has a quick ratio of 1.09, a current ratio of 2.13 and a debt-to-equity ratio of 0.53. The firm has a market cap of $104.58 billion, a PE ratio of 70.31, a P/E/G ratio of 2.38 and a beta of 1.26.

Howmet Aerospace (NYSE:HWM) last released its earnings results on Thursday, February 12th. The company reported $1.05 EPS for the quarter, beating the consensus estimate 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 during the quarter, compared to analyst estimates of $2.12 billion. During the same period in the prior year, the firm posted $0.77 earnings per share. The business’s quarterly revenue was up 14.6% compared to the same quarter last year. 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. Analysts anticipate that Howmet Aerospace Inc. will post 3.27 earnings per share for the current year.

Howmet Aerospace Dividend Announcement

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

Insider Transactions at Howmet Aerospace

In related news, EVP Neil Edward Marchuk sold 45,150 shares of the company’s stock in a transaction that occurred on Wednesday, February 18th. The shares were 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 represents a 29.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 1.12% of the company’s stock.

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.