Bradley Foster & Sargent Inc. CT Trims Stake in Howmet Aerospace Inc. $HWM

Bradley Foster & Sargent Inc. CT cut its stake in shares of Howmet Aerospace Inc. (NYSE:HWM) by 43.6% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 51,364 shares of the company’s stock after selling 39,782 shares during the period. Bradley Foster & Sargent Inc. CT’s holdings in Howmet Aerospace were worth $10,079,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of HWM. Vanguard Group Inc. raised its stake in shares of Howmet Aerospace by 1.4% in the third quarter. Vanguard Group Inc. now owns 49,139,989 shares of the company’s stock worth $9,642,740,000 after buying an additional 664,595 shares during the period. JPMorgan Chase & Co. increased its holdings in Howmet Aerospace by 30.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 31,806,624 shares of the company’s stock worth $5,920,181,000 after acquiring an additional 7,356,077 shares in the last quarter. State Street Corp raised its stake in Howmet Aerospace by 1.2% during the 2nd quarter. State Street Corp now owns 17,686,075 shares of the company’s stock worth $3,291,909,000 after acquiring an additional 205,424 shares during the period. Geode Capital Management LLC raised its stake in 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 acquiring an additional 719,888 shares during the period. Finally, Norges Bank purchased a new position in Howmet Aerospace during the second quarter valued at approximately $1,633,157,000. Institutional investors own 90.46% of the company’s stock.

Insider Activity

In related news, EVP Neil Edward Marchuk sold 45,150 shares of the stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $251.70, for a total value of $11,364,255.00. Following the completion of the transaction, the executive vice president owned 107,008 shares of the company’s stock, valued at approximately $26,933,913.60. This trade represents a 29.67% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 1.04% of the company’s stock.

Howmet Aerospace Stock Down 0.5%

Shares of HWM opened at $259.55 on Thursday. The stock has a market capitalization of $104.06 billion, a price-to-earnings ratio of 69.96, a price-to-earnings-growth ratio of 2.42 and a beta of 1.26. Howmet Aerospace Inc. has a 1 year low of $105.04 and a 1 year high of $261.83. The business’s 50 day simple moving average is $222.18 and its 200-day simple moving average is $202.03. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.13 and a quick ratio of 1.09.

Howmet Aerospace (NYSE:HWM) last posted its 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. The firm 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 for the quarter was up 14.6% compared to the same quarter last year. During the same period last year, the firm posted $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. As a group, equities analysts expect that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 25th. Stockholders of record on Friday, February 6th were issued a $0.12 dividend. The ex-dividend date was Friday, February 6th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.2%. Howmet Aerospace’s payout ratio is 12.94%.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. BTIG Research increased 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, February 18th. iA Financial set a $240.00 price target on Howmet Aerospace in a research note on Monday, November 3rd. JPMorgan Chase & Co. raised their price target on Howmet Aerospace from $227.00 to $265.00 and gave the company an “overweight” rating in a report on Thursday, February 19th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Howmet Aerospace in a research note on Thursday, January 22nd. Finally, Morgan Stanley reiterated an “overweight” rating and set a $280.00 target price on shares of Howmet Aerospace in a research report on Friday, February 13th. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the company currently 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.