Nuveen LLC Has $801.99 Million Holdings in Howmet Aerospace Inc. $HWM

Nuveen LLC lifted its stake in Howmet Aerospace Inc. (NYSE:HWM) by 9.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,911,759 shares of the company’s stock after buying an additional 336,072 shares during the period. Nuveen LLC’s holdings in Howmet Aerospace were worth $801,989,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Newbridge Financial Services Group Inc. raised its holdings in shares of Howmet Aerospace by 119.7% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock worth $25,000 after buying an additional 73 shares in the last quarter. Sound Income Strategies LLC raised its holdings in shares of Howmet Aerospace by 66.7% in the 4th quarter. Sound Income Strategies LLC now owns 125 shares of the company’s stock worth $28,000 after buying an additional 50 shares in the last quarter. J.Safra Asset Management Corp acquired a new position in shares of Howmet Aerospace in the 4th quarter worth approximately $30,000. Laurel Wealth Advisors LLC acquired a new position in shares of Howmet Aerospace in the 4th quarter worth approximately $36,000. Finally, Harbor Investment Advisory LLC raised its holdings in shares of Howmet Aerospace by 339.0% in the 4th quarter. Harbor Investment Advisory LLC now owns 180 shares of the company’s stock worth $37,000 after buying an additional 139 shares in the last quarter. 90.46% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

HWM has been the subject of a number of recent research reports. Royal Bank Of Canada increased their target price on Howmet Aerospace from $275.00 to $300.00 and gave the stock an “outperform” rating in a report on Wednesday, March 11th. Truist Financial set a $280.00 price target on Howmet Aerospace in a research report on Wednesday, March 11th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $320.00 price target on shares of Howmet Aerospace in a research report on Friday, May 8th. The Goldman Sachs Group set a $228.00 price target on Howmet Aerospace in a research report on Tuesday, February 17th. Finally, Citigroup increased their price target on Howmet Aerospace from $271.00 to $303.00 and gave the stock a “buy” rating in a research report on Monday, May 18th. Eighteen analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Howmet Aerospace currently has a consensus rating of “Moderate Buy” and an average price target of $285.53.

Howmet Aerospace Stock Up 6.0%

NYSE HWM opened at $264.35 on Friday. The firm has a market cap of $105.77 billion, a PE ratio of 61.33, a price-to-earnings-growth ratio of 1.98 and a beta of 1.19. Howmet Aerospace Inc. has a one year low of $168.50 and a one year high of $280.74. The stock’s 50 day simple moving average is $252.95 and its 200 day simple moving average is $233.58. 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 results on Thursday, May 7th. The company reported $1.22 EPS for the quarter, topping analysts’ consensus estimates of $1.11 by $0.11. The business had revenue of $2.31 billion for 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%.Howmet Aerospace’s revenue for the quarter was up 19.1% on a year-over-year basis. During the same period in the prior year, the company earned $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. As a group, sell-side analysts forecast that Howmet Aerospace Inc. will post 5.04 earnings per share for the current fiscal year.

Howmet Aerospace Dividend Announcement

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

Insider Buying and Selling

In other Howmet Aerospace news, EVP Neil Edward Marchuk sold 41,932 shares of the stock in a transaction on 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 directly owned 65,105 shares in the company, valued at approximately $17,545,797.50. This trade represents a 39.18% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.85% of the company’s stock.

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.