Global Trust Asset Management LLC trimmed its position in shares of Howmet Aerospace Inc. (NYSE:HWM – Free Report) by 81.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 760 shares of the company’s stock after selling 3,350 shares during the period. Global Trust Asset Management LLC’s holdings in Howmet Aerospace were worth $156,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Brighton Jones LLC lifted its position in shares of Howmet Aerospace by 5.4% during the 4th quarter. Brighton Jones LLC now owns 2,548 shares of the company’s stock worth $279,000 after purchasing an additional 130 shares during the last quarter. Acadian Asset Management LLC acquired a new stake in Howmet Aerospace in the 1st quarter valued at approximately $399,000. Sivia Capital Partners LLC bought a new position in Howmet Aerospace in the 2nd quarter worth approximately $216,000. Quadrant Capital Group LLC increased its position in Howmet Aerospace by 26.1% in the 2nd quarter. Quadrant Capital Group LLC now owns 1,506 shares of the company’s stock worth $280,000 after buying an additional 312 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Howmet Aerospace by 109.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 6,955 shares of the company’s stock worth $1,295,000 after buying an additional 3,628 shares during the last quarter. 90.46% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
HWM has been the subject of several research reports. JPMorgan Chase & Co. increased their price objective on Howmet Aerospace from $227.00 to $265.00 and gave the company an “overweight” rating in a research report on Thursday, February 19th. The Goldman Sachs Group set a $228.00 target price on shares of Howmet Aerospace in a research note on Tuesday, February 17th. Citigroup reduced their price target on shares of Howmet Aerospace from $283.00 to $271.00 and set a “buy” rating for the company in a report on Thursday. Wall Street Zen upgraded shares of Howmet Aerospace from a “hold” rating to a “buy” rating in a report on Sunday, January 18th. Finally, Wolfe Research set a $270.00 price objective on shares of Howmet Aerospace and gave the company an “outperform” rating in a research report on Wednesday, March 11th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $260.30.
Howmet Aerospace Trading Up 0.1%
HWM stock opened at $232.86 on Friday. Howmet Aerospace Inc. has a 1-year low of $105.04 and a 1-year high of $267.31. The company has a current ratio of 2.13, a quick ratio of 1.09 and a debt-to-equity ratio of 0.53. The business’s 50 day moving average is $238.06 and its 200-day moving average is $214.48. The firm has a market cap of $93.36 billion, a P/E ratio of 62.77, a P/E/G ratio of 2.15 and a beta of 1.24.
Howmet Aerospace (NYSE:HWM – Get Free Report) last posted its earnings results on Thursday, February 12th. The company reported $1.05 EPS for the quarter, topping the consensus estimate of $0.97 by $0.08. The business had revenue of $2.17 billion during 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%.Howmet Aerospace’s revenue was up 14.6% on a year-over-year basis. During the same quarter last year, the company earned $0.77 EPS. 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. Equities 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 announced a quarterly dividend, which was paid on Wednesday, February 25th. Stockholders of record on Friday, February 6th were paid a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Friday, February 6th. Howmet Aerospace’s payout ratio is currently 12.94%.
Insider Buying and Selling at Howmet Aerospace
In other news, VP Barbara Lou Shultz sold 1,000 shares of the company’s stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $260.00, for a total value of $260,000.00. Following 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Neil Edward Marchuk sold 45,150 shares of the 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 sale, the executive vice president owned 107,008 shares of the company’s stock, valued at $26,933,913.60. This trade represents a 29.67% decrease in their position. The SEC filing for this sale provides additional information. 1.04% of the stock is currently owned by insiders.
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.
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