CIBC Private Wealth Group LLC Decreases Position in Howmet Aerospace Inc. $HWM

CIBC Private Wealth Group LLC lessened its stake in Howmet Aerospace Inc. (NYSE:HWM) by 0.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,317,207 shares of the company’s stock after selling 14,469 shares during the quarter. Howmet Aerospace makes up approximately 0.8% of CIBC Private Wealth Group LLC’s portfolio, making the stock its 23rd biggest holding. CIBC Private Wealth Group LLC owned 0.58% of Howmet Aerospace worth $454,706,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the company. Brighton Jones LLC raised its stake in shares of Howmet Aerospace by 5.4% in the fourth quarter. Brighton Jones LLC now owns 2,548 shares of the company’s stock valued at $279,000 after buying an additional 130 shares during the period. Acadian Asset Management LLC bought a new position in shares of Howmet Aerospace during the 1st quarter worth $399,000. Sivia Capital Partners LLC bought a new position in shares of Howmet Aerospace during the 2nd quarter worth $216,000. Foundations Investment Advisors LLC increased its holdings in Howmet Aerospace by 15.1% in the 2nd quarter. Foundations Investment Advisors LLC now owns 3,524 shares of the company’s stock worth $656,000 after acquiring an additional 462 shares during the last quarter. Finally, Creative Planning increased its holdings in Howmet Aerospace by 12.1% in the 2nd quarter. Creative Planning now owns 79,668 shares of the company’s stock worth $14,829,000 after acquiring an additional 8,585 shares during the last quarter. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on HWM shares. Susquehanna upped their price objective on shares of Howmet Aerospace from $255.00 to $290.00 and gave the company a “positive” rating in a report on Friday, February 13th. Morgan Stanley reiterated an “overweight” rating and issued a $280.00 target price on shares of Howmet Aerospace in a research note on Friday, February 13th. Jefferies Financial Group reissued a “buy” rating and issued a $315.00 price target on shares of Howmet Aerospace in a research report on Sunday, February 15th. The Goldman Sachs Group set a $228.00 price target on shares of Howmet Aerospace in a research note on Tuesday, February 17th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Howmet Aerospace from $227.00 to $265.00 and gave the stock an “overweight” rating in a report on Thursday, February 19th. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, Howmet Aerospace currently has an average rating of “Moderate Buy” and an average target price of $256.15.

Howmet Aerospace Trading Down 0.4%

Shares of HWM opened at $239.77 on Wednesday. Howmet Aerospace Inc. has a twelve month low of $105.04 and a twelve month high of $267.31. The stock has a market cap of $96.13 billion, a PE ratio of 64.63, a P/E/G ratio of 2.23 and a beta of 1.20. 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 business’s 50-day moving average price is $234.34 and its 200-day moving average price is $209.87.

Howmet Aerospace (NYSE:HWM) last released its quarterly earnings data on Thursday, February 12th. The company reported $1.05 EPS for the quarter, beating analysts’ consensus estimates of $0.97 by $0.08. The company had revenue of $2.17 billion during the quarter, compared to analyst estimates of $2.12 billion. Howmet Aerospace had a net margin of 18.27% and a return on equity of 30.41%. Howmet Aerospace’s revenue was up 14.6% compared to the same quarter last year. During the same period last year, the business 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. On average, equities analysts forecast 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. Stockholders of record on Friday, February 6th were given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date was Friday, February 6th. Howmet Aerospace’s payout ratio is 12.94%.

Insiders Place Their Bets

In other 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 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 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 in the company, valued at $26,933,913.60. This trade represents a 29.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.12% of the stock is owned by insiders.

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.