CI Investments Inc. Sells 83,192 Shares of Howmet Aerospace Inc. $HWM

CI Investments Inc. decreased its holdings in Howmet Aerospace Inc. (NYSE:HWM) by 77.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 24,031 shares of the company’s stock after selling 83,192 shares during the quarter. CI Investments Inc.’s holdings in Howmet Aerospace were worth $4,716,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of HWM. Focus Partners Advisor Solutions LLC lifted its holdings in Howmet Aerospace by 121.4% during the 3rd quarter. Focus Partners Advisor Solutions LLC now owns 10,521 shares of the company’s stock worth $2,181,000 after buying an additional 5,768 shares during the period. Davis R M Inc. raised its position in shares of Howmet Aerospace by 150.6% during the third quarter. Davis R M Inc. now owns 4,108 shares of the company’s stock worth $806,000 after acquiring an additional 2,469 shares during the last quarter. Arete Wealth Advisors LLC acquired a new position in shares of Howmet Aerospace in the third quarter worth approximately $237,000. Creekmur Asset Management LLC lifted its stake in shares of Howmet Aerospace by 1,439.5% in the third quarter. Creekmur Asset Management LLC now owns 3,587 shares of the company’s stock worth $704,000 after acquiring an additional 3,354 shares during the period. Finally, Nicholas Hoffman & Company LLC. boosted its holdings in Howmet Aerospace by 2.6% in the third quarter. Nicholas Hoffman & Company LLC. now owns 4,000 shares of the company’s stock valued at $785,000 after acquiring an additional 100 shares during the last quarter. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft set a $278.00 price target on shares of Howmet Aerospace and gave the stock a “buy” rating in a report on Friday, February 13th. Royal Bank Of Canada reissued an “outperform” rating and set a $275.00 target price on shares of Howmet Aerospace in a research note on Friday, February 13th. Sanford C. Bernstein restated an “outperform” rating and issued a $280.00 target price on shares of Howmet Aerospace in a report on Tuesday, February 17th. Weiss Ratings reiterated a “buy (b)” rating on shares of Howmet Aerospace in a report on Thursday, January 22nd. Finally, BNP Paribas Exane assumed coverage on Howmet Aerospace in a research report on Tuesday, November 18th. They issued an “outperform” rating and a $240.00 price objective for the company. One 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. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $252.95.

Howmet Aerospace Trading Up 0.5%

HWM opened at $260.05 on Thursday. The company has a fifty day moving average price of $227.68 and a two-hundred day moving average price of $204.98. Howmet Aerospace Inc. has a 1-year low of $105.04 and a 1-year high of $267.31. The company has a market cap of $104.26 billion, a P/E ratio of 70.09, a price-to-earnings-growth ratio of 2.40 and a beta of 1.21. The company has a current ratio of 2.13, a quick ratio of 1.09 and a debt-to-equity ratio of 0.53.

Howmet Aerospace (NYSE:HWM) last issued its earnings results on Thursday, February 12th. The company reported $1.05 EPS for the quarter, beating the consensus estimate of $0.97 by $0.08. Howmet Aerospace had a return on equity of 30.41% and a net margin of 18.27%.The company had revenue of $2.17 billion during the quarter, compared to the consensus estimate of $2.12 billion. During the same period last year, the business posted $0.77 EPS. The firm’s revenue for the quarter 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. Analysts predict 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 was paid on Wednesday, February 25th. Stockholders of record on Friday, February 6th were given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend was Friday, February 6th. Howmet Aerospace’s dividend payout ratio is presently 12.94%.

Insiders Place Their Bets

In related news, EVP Neil Edward Marchuk sold 45,150 shares of Howmet Aerospace stock in a transaction on 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 sale, 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 transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, VP Barbara Lou Shultz sold 1,000 shares of the business’s stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $260.00, for a total transaction of $260,000.00. Following the sale, the vice president owned 23,874 shares of the company’s stock, valued at $6,207,240. This trade represents a 4.02% decrease in their position. The SEC filing for this sale provides additional information. 1.04% of the stock is owned by company insiders.

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.