Barometer Capital Management Inc. Reduces Holdings in Howmet Aerospace Inc. $HWM

Barometer Capital Management Inc. reduced its position in Howmet Aerospace Inc. (NYSE:HWM) by 15.1% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 70,630 shares of the company’s stock after selling 12,610 shares during the period. Howmet Aerospace accounts for about 3.5% of Barometer Capital Management Inc.’s portfolio, making the stock its 5th largest position. Barometer Capital Management Inc.’s holdings in Howmet Aerospace were worth $13,852,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of HWM. Traub Capital Management LLC acquired a new stake in Howmet Aerospace in the second quarter valued at approximately $25,000. Winnow Wealth LLC acquired a new position in shares of Howmet Aerospace during the second quarter worth $25,000. Newbridge Financial Services Group Inc. increased its position in shares of 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 purchasing an additional 73 shares in the last quarter. Tradewinds Capital Management LLC lifted its holdings in shares of 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 purchasing an additional 52 shares during the last quarter. Finally, Atlantic Union Bankshares Corp purchased a new stake in shares of Howmet Aerospace during the 2nd quarter valued at $32,000. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Wall Street Zen upgraded Howmet Aerospace from a “hold” rating to a “buy” rating in a research note on Sunday, January 18th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $315.00 price objective on shares of Howmet Aerospace in a research report on Sunday, February 15th. UBS Group boosted their target price on shares of Howmet Aerospace from $228.00 to $260.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 17th. Sanford C. Bernstein restated an “outperform” rating and set a $280.00 price target on shares of Howmet Aerospace in a research note on Tuesday, February 17th. Finally, Susquehanna raised their price target on shares of Howmet Aerospace from $255.00 to $290.00 and gave the stock a “positive” rating in a report on Friday, February 13th. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $256.15.

Howmet Aerospace Price Performance

Howmet Aerospace stock opened at $251.73 on Thursday. The stock has a market capitalization of $100.93 billion, a P/E ratio of 67.85, a P/E/G ratio of 2.35 and a beta of 1.21. The company’s fifty day moving average price is $232.00 and its 200 day moving average price is $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 1 year low of $105.04 and a 1 year high of $267.31.

Howmet Aerospace (NYSE:HWM) last released its earnings results on Thursday, February 12th. The company reported $1.05 earnings per share for the quarter, beating the consensus estimate of $0.97 by $0.08. The business had revenue of $2.17 billion for the quarter, compared to the consensus estimate of $2.12 billion. Howmet Aerospace had a return on equity of 30.41% and a net margin of 18.27%.The business’s quarterly revenue was up 14.6% compared to the same quarter last year. During the same quarter last 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. As a group, equities research analysts anticipate that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 25th. Investors of record on Friday, February 6th were given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 0.2%. The ex-dividend date was Friday, February 6th. Howmet Aerospace’s dividend payout ratio (DPR) is presently 12.94%.

Insider Activity

In related news, EVP Neil Edward Marchuk sold 45,150 shares of the firm’s stock in a transaction dated 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 completion of the sale, the executive vice president directly 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 document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Barbara Lou Shultz sold 1,000 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the vice president directly owned 23,874 shares in the company, valued at $6,207,240. This trade represents a 4.02% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.04% of the stock is currently owned by company insiders.

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.