Chase Investment Counsel Corp Lowers Holdings in Howmet Aerospace Inc. $HWM

Chase Investment Counsel Corp reduced its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM) by 18.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 39,731 shares of the company’s stock after selling 8,872 shares during the period. Howmet Aerospace comprises 2.3% of Chase Investment Counsel Corp’s investment portfolio, making the stock its 12th largest holding. Chase Investment Counsel Corp’s holdings in Howmet Aerospace were worth $7,796,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in HWM. Mufg Securities Americas Inc. increased its position in shares of Howmet Aerospace by 21.5% during the third quarter. Mufg Securities Americas Inc. now owns 10,871 shares of the company’s stock worth $2,133,000 after acquiring an additional 1,925 shares during the period. Compound Planning Inc. grew its stake in Howmet Aerospace by 2.7% during the 3rd quarter. Compound Planning Inc. now owns 7,832 shares of the company’s stock worth $1,537,000 after purchasing an additional 206 shares in the last quarter. M. Kulyk & Associates LLC acquired a new position in Howmet Aerospace during the 3rd quarter worth $213,000. EverSource Wealth Advisors LLC increased its holdings in Howmet Aerospace by 3.8% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 1,884 shares of the company’s stock worth $370,000 after purchasing an additional 69 shares during the period. Finally, Cary Street Partners Investment Advisory LLC raised its position in Howmet Aerospace by 12.9% in the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 702 shares of the company’s stock valued at $138,000 after purchasing an additional 80 shares in the last quarter. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Insider Transactions at Howmet Aerospace

In other Howmet Aerospace news, EVP Neil Edward Marchuk sold 45,150 shares of Howmet Aerospace stock in a transaction that occurred 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 of the company’s stock, valued at $26,933,913.60. The trade was a 29.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 1.12% of the stock is owned by corporate insiders.

Howmet Aerospace Trading Down 0.6%

Shares of Howmet Aerospace stock opened at $256.51 on Tuesday. The company has a current ratio of 2.13, a quick ratio of 1.09 and a debt-to-equity ratio of 0.53. The company has a fifty day simple moving average of $219.50 and a 200-day simple moving average of $201.06. The stock has a market cap of $102.84 billion, a price-to-earnings ratio of 69.14, a PEG ratio of 2.57 and a beta of 1.26. Howmet Aerospace Inc. has a 12-month low of $105.04 and a 12-month high of $258.83.

Howmet Aerospace (NYSE:HWM) last announced its quarterly earnings results on Thursday, February 12th. The company reported $1.05 earnings per share for the quarter, beating analysts’ consensus estimates of $0.97 by $0.08. Howmet Aerospace had a net margin of 18.27% and a return on equity of 30.41%. The firm had revenue of $2.17 billion during the quarter, compared to analysts’ expectations of $2.12 billion. During the same period in the previous year, the company earned $0.77 earnings per share. Howmet Aerospace’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. On average, equities analysts forecast that Howmet Aerospace Inc. will post 3.27 EPS for the current fiscal year.

Howmet Aerospace Dividend Announcement

The company 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 dividend on an annualized basis and a dividend yield of 0.2%. Howmet Aerospace’s dividend payout ratio is 12.94%.

Analysts Set New Price Targets

A number of brokerages have recently commented on HWM. iA Financial set a $240.00 price objective on Howmet Aerospace in a research report on Monday, November 3rd. Bank of America boosted their price target on shares of Howmet Aerospace from $250.00 to $300.00 and gave the stock a “buy” rating in a report on Friday. 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 objective on the stock. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $280.00 price objective on shares of Howmet Aerospace in a research report on Tuesday, February 17th. Finally, BTIG Research boosted their target price on shares of Howmet Aerospace from $240.00 to $275.00 and gave the stock a “buy” rating in a research note on Wednesday, February 18th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $252.95.

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.