Citigroup Inc. Has $126.42 Million Stock Holdings in Howmet Aerospace Inc. $HWM

Citigroup Inc. decreased its position in shares of Howmet Aerospace Inc. (NYSE:HWM) by 17.8% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 644,216 shares of the company’s stock after selling 139,618 shares during the period. Citigroup Inc. owned 0.16% of Howmet Aerospace worth $126,415,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Norges Bank bought a new stake in shares of Howmet Aerospace in the 2nd quarter valued at approximately $1,633,157,000. JPMorgan Chase & Co. lifted its stake in Howmet Aerospace by 30.1% in the second quarter. JPMorgan Chase & Co. now owns 31,806,624 shares of the company’s stock valued at $5,920,181,000 after acquiring an additional 7,356,077 shares during the last quarter. American Century Companies Inc. grew its position in Howmet Aerospace by 51.8% in the second quarter. American Century Companies Inc. now owns 3,635,999 shares of the company’s stock worth $676,769,000 after acquiring an additional 1,240,071 shares in the last quarter. Westfield Capital Management Co. LP grew its position in Howmet Aerospace by 68.8% in the second quarter. Westfield Capital Management Co. LP now owns 1,915,955 shares of the company’s stock worth $356,617,000 after acquiring an additional 780,896 shares in the last quarter. Finally, Geode Capital Management LLC increased its stake in shares of Howmet Aerospace by 7.0% during the 2nd quarter. Geode Capital Management LLC now owns 10,938,815 shares of the company’s stock worth $2,032,221,000 after purchasing an additional 719,888 shares during the last quarter. 90.46% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have commented on HWM. JPMorgan Chase & Co. increased their target price on shares of Howmet Aerospace from $227.00 to $265.00 and gave the stock an “overweight” rating in a research report on Thursday. Wall Street Zen raised Howmet Aerospace from a “hold” rating to a “buy” rating in a report on Sunday, January 18th. Royal Bank Of Canada restated an “outperform” rating and issued a $275.00 target price on shares of Howmet Aerospace in a report on Friday, February 13th. Deutsche Bank Aktiengesellschaft set a $278.00 price target on shares of Howmet Aerospace and gave the company a “buy” rating in a research report on Friday, February 13th. Finally, BTIG Research boosted their price objective on shares of Howmet Aerospace from $240.00 to $275.00 and gave the stock a “buy” rating in a research note on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $252.95.

Howmet Aerospace Stock Up 2.7%

Shares of HWM stock opened at $258.16 on Friday. Howmet Aerospace Inc. has a 12 month low of $105.04 and a 12 month high of $258.83. 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 $103.51 billion, a PE ratio of 69.59, a price-to-earnings-growth ratio of 2.60 and a beta of 1.26. The stock has a 50 day moving average of $218.31 and a 200-day moving average of $200.40.

Howmet Aerospace (NYSE:HWM) last announced its quarterly earnings data on Thursday, February 12th. The company reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.97 by $0.08. Howmet Aerospace had a net margin of 18.27% and a return on equity of 30.41%. The business had revenue of $2.17 billion for the quarter, compared to the consensus estimate of $2.12 billion. During the same quarter last year, the company posted $0.77 earnings per share. Howmet Aerospace’s quarterly revenue was up 14.6% on a year-over-year basis. 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 predict that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Announces Dividend

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

Insider Buying and Selling at Howmet Aerospace

In related news, EVP Neil Edward Marchuk sold 45,150 shares of Howmet Aerospace stock in a transaction dated 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 sale, the executive vice president directly owned 107,008 shares of the company’s stock, valued at $26,933,913.60. This trade represents a 29.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 1.04% of the company’s stock.

About Howmet Aerospace

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.