American Century Companies Inc. Sells 158,199 Shares of Howmet Aerospace Inc. $HWM

American Century Companies Inc. lessened its position in shares of Howmet Aerospace Inc. (NYSE:HWM) by 4.4% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 3,477,800 shares of the company’s stock after selling 158,199 shares during the quarter. Howmet Aerospace accounts for 0.3% of American Century Companies Inc.’s portfolio, making the stock its 24th biggest holding. American Century Companies Inc. owned 0.86% of Howmet Aerospace worth $682,449,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of HWM. Voya Investment Management LLC grew its position in Howmet Aerospace by 9.1% during the third quarter. Voya Investment Management LLC now owns 1,247,220 shares of the company’s stock valued at $244,742,000 after buying an additional 104,207 shares during the period. Nordea Investment Management AB grew its position in shares of Howmet Aerospace by 59.2% during the 3rd quarter. Nordea Investment Management AB now owns 1,401,335 shares of the company’s stock valued at $273,288,000 after acquiring an additional 521,180 shares during the period. GRIMES & Co WEALTH MANAGEMENT LLC purchased a new stake in shares of Howmet Aerospace in the 3rd quarter worth $1,581,000. LBP AM SA lifted its position in Howmet Aerospace by 18.0% during the third quarter. LBP AM SA now owns 68,499 shares of the company’s stock valued at $13,442,000 after purchasing an additional 10,460 shares in the last quarter. Finally, Greenup Street Wealth Management LLC grew its holdings in Howmet Aerospace by 76.3% during the third quarter. Greenup Street Wealth Management LLC now owns 20,972 shares of the company’s stock valued at $4,115,000 after purchasing an additional 9,078 shares during the period. 90.46% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms recently issued reports on HWM. Royal Bank Of Canada reissued an “outperform” rating and issued a $275.00 target price on shares of Howmet Aerospace in a report on Friday, February 13th. Citigroup upped their target price on shares of Howmet Aerospace from $255.00 to $283.00 and gave the stock a “buy” rating in a research report on Tuesday, February 17th. Susquehanna lifted their price target on shares of Howmet Aerospace from $255.00 to $290.00 and gave the company a “positive” rating in a report on Friday, February 13th. Truist Financial set a $258.00 price target on shares of Howmet Aerospace in a research note on Friday, January 9th. Finally, Deutsche Bank Aktiengesellschaft set a $278.00 price objective on Howmet Aerospace and gave the company a “buy” rating in a research report on Friday, February 13th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $252.95.

Insider Activity

In related news, VP Barbara Lou Shultz sold 1,000 shares of Howmet Aerospace stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $260.00, for a total transaction of $260,000.00. Following the completion of the sale, the vice president owned 23,874 shares of the company’s stock, valued at $6,207,240. The trade was a 4.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Neil Edward Marchuk sold 45,150 shares of Howmet Aerospace stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $251.70, for a total transaction of $11,364,255.00. Following the sale, the executive vice president owned 107,008 shares of the company’s stock, valued at approximately $26,933,913.60. The trade was a 29.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 1.04% of the company’s stock.

Howmet Aerospace Price Performance

Shares of HWM stock opened at $262.12 on Friday. The company has a market capitalization of $105.10 billion, a P/E ratio of 70.65, a P/E/G ratio of 2.41 and a beta of 1.26. The company’s 50-day simple moving average is $224.60 and its two-hundred day simple moving average is $203.01. Howmet Aerospace Inc. has a one year low of $105.04 and a one year high of $262.63. 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 issued its earnings results 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 company had revenue of $2.17 billion for the quarter, compared to analysts’ expectations of $2.12 billion. During the same period in the prior year, the business earned $0.77 EPS. The firm’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. As a group, equities analysts anticipate 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 was paid on Wednesday, February 25th. Stockholders of record on Friday, February 6th were issued a dividend of $0.12 per share. The ex-dividend date was Friday, February 6th. This represents a $0.48 annualized dividend and a dividend yield of 0.2%. Howmet Aerospace’s dividend payout ratio is 12.94%.

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.