Bank of Montreal Can Boosts Stake in Howmet Aerospace Inc. $HWM

Bank of Montreal Can increased its position in shares of Howmet Aerospace Inc. (NYSE:HWM) by 5.9% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 404,723 shares of the company’s stock after purchasing an additional 22,567 shares during the quarter. Bank of Montreal Can owned 0.10% of Howmet Aerospace worth $79,419,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of HWM. Traub Capital Management LLC acquired a new position in shares of Howmet Aerospace during the 2nd quarter worth about $25,000. Winnow Wealth LLC purchased a new position in shares of Howmet Aerospace in the second quarter worth about $25,000. Newbridge Financial Services Group Inc. boosted its position in Howmet Aerospace by 119.7% during the second quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock worth $25,000 after acquiring an additional 73 shares during the last quarter. Tradewinds Capital Management LLC grew its stake in Howmet Aerospace by 52.0% during the 3rd quarter. Tradewinds Capital Management LLC now owns 152 shares of the company’s stock valued at $30,000 after acquiring an additional 52 shares in the last quarter. Finally, Manning & Napier Advisors LLC acquired a new stake in shares of Howmet Aerospace in the third quarter valued at approximately $32,000. Institutional investors and hedge funds own 90.46% of the company’s stock.

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 stock was sold at an average price of $251.70, for a total value of $11,364,255.00. Following the transaction, the executive vice president owned 107,008 shares in the company, valued at approximately $26,933,913.60. This trade represents a 29.67% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Barbara Lou Shultz sold 1,000 shares of the stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $260.00, for a total value of $260,000.00. Following the completion of the sale, the vice president owned 23,874 shares of the company’s stock, valued at approximately $6,207,240. This represents a 4.02% 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.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on HWM. Truist Financial set a $280.00 price objective on shares of Howmet Aerospace in a research report on Wednesday. JPMorgan Chase & Co. raised their price objective on Howmet Aerospace from $227.00 to $265.00 and gave the stock an “overweight” rating in a research report on Thursday, February 19th. 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 target price on the stock. Deutsche Bank Aktiengesellschaft set a $278.00 target price on shares of Howmet Aerospace and gave the stock a “buy” rating in a research note on Friday, February 13th. Finally, Royal Bank Of Canada increased their target price on shares of Howmet Aerospace from $275.00 to $300.00 and gave the stock an “outperform” rating in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $256.15.

Howmet Aerospace Stock Down 0.9%

Shares of Howmet Aerospace stock opened at $251.73 on Thursday. The company has a market cap of $100.93 billion, a P/E ratio of 67.85, a PEG ratio of 2.35 and a beta of 1.21. The firm has a fifty day moving average of $232.00 and a two-hundred day moving average of $207.79. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.09 and a current ratio of 2.13. Howmet Aerospace Inc. has a one year low of $105.04 and a one year high of $267.31.

Howmet Aerospace (NYSE:HWM) last released 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. The firm had revenue of $2.17 billion during the quarter, compared to analysts’ expectations of $2.12 billion. Howmet Aerospace had a return on equity of 30.41% and a net margin of 18.27%.Howmet Aerospace’s revenue was up 14.6% compared to the same quarter last year. During the same quarter in the prior year, the business 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. On average, analysts forecast that Howmet Aerospace Inc. will post 3.27 earnings per share for the current year.

Howmet Aerospace Announces Dividend

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

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.