Thrivent Financial for Lutherans Sells 75,217 Shares of Howmet Aerospace Inc. $HWM

Thrivent Financial for Lutherans lowered its stake in shares of Howmet Aerospace Inc. (NYSE:HWM) by 11.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 591,381 shares of the company’s stock after selling 75,217 shares during the period. Thrivent Financial for Lutherans’ holdings in Howmet Aerospace were worth $121,257,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Sound Income Strategies LLC raised its stake in shares of Howmet Aerospace by 66.7% during the 4th quarter. Sound Income Strategies LLC now owns 125 shares of the company’s stock worth $28,000 after purchasing an additional 50 shares in the last quarter. Newbridge Financial Services Group Inc. raised its stake in shares of Howmet Aerospace by 119.7% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock worth $25,000 after purchasing an additional 73 shares in the last quarter. Manning & Napier Advisors LLC bought a new stake in shares of Howmet Aerospace during the 3rd quarter worth approximately $32,000. Flagship Wealth Advisors LLC bought a new stake in shares of Howmet Aerospace during the 3rd quarter worth approximately $33,000. Finally, Laurel Wealth Advisors LLC bought a new stake in shares of Howmet Aerospace during the 4th quarter worth approximately $36,000. Institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Stock Down 0.4%

HWM opened at $272.02 on Friday. Howmet Aerospace Inc. has a 1-year low of $159.00 and a 1-year high of $280.74. The stock’s fifty day simple moving average is $246.95 and its 200 day simple moving average is $226.23. The company has a current ratio of 2.44, a quick ratio of 1.59 and a debt-to-equity ratio of 0.73. The stock has a market cap of $108.84 billion, a PE ratio of 63.11, a price-to-earnings-growth ratio of 2.17 and a beta of 1.19.

Howmet Aerospace (NYSE:HWM) last posted its quarterly earnings results on Thursday, May 7th. The company reported $1.22 earnings per share for the quarter, beating analysts’ consensus estimates of $1.11 by $0.11. Howmet Aerospace had a return on equity of 29.27% and a net margin of 20.23%.The business had revenue of $2.31 billion for the quarter, compared to analysts’ expectations of $2.24 billion. During the same quarter in the prior year, the business earned $0.86 EPS. The firm’s revenue for the quarter was up 19.1% on a year-over-year basis. 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. As a group, research analysts expect that Howmet Aerospace Inc. will post 5.02 earnings per share for the current year.

Howmet Aerospace Announces Dividend

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

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the company. Wolfe Research set a $270.00 price objective on Howmet Aerospace and gave the stock an “outperform” rating in a research note on Wednesday, March 11th. The Goldman Sachs Group set a $228.00 price target on Howmet Aerospace in a research note on Tuesday, February 17th. Sanford C. Bernstein restated an “outperform” rating and issued a $280.00 price target on shares of Howmet Aerospace in a research note on Tuesday, February 17th. Citigroup dropped their price target on Howmet Aerospace from $283.00 to $271.00 and set a “buy” rating on the stock in a research note on Thursday, April 2nd. Finally, Susquehanna increased their price target on Howmet Aerospace from $300.00 to $330.00 and gave the company a “positive” rating in a research note on Friday, May 8th. Eighteen research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, Howmet Aerospace has a consensus rating of “Moderate Buy” and a consensus price target of $283.84.

Insider Buying and Selling at Howmet Aerospace

In other Howmet Aerospace news, 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 transaction of $11,364,255.00. Following the transaction, 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. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Barbara Lou Shultz sold 1,000 shares of the stock in a transaction on Thursday, February 26th. The stock was 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 in the company, valued at $6,207,240. The trade was a 4.02% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 88,082 shares of company stock worth $22,924,929 in the last quarter. Company insiders own 0.85% 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.