Florida Trust Wealth Management Co Buys 3,159 Shares of Howmet Aerospace Inc. $HWM

Florida Trust Wealth Management Co increased its stake in shares of Howmet Aerospace Inc. (NYSE:HWM) by 95.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,481 shares of the company’s stock after purchasing an additional 3,159 shares during the quarter. Florida Trust Wealth Management Co’s holdings in Howmet Aerospace were worth $1,329,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Voya Investment Management LLC grew its position in shares of Howmet Aerospace by 9.1% in the 3rd 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 last quarter. Nordea Investment Management AB raised its position in shares of Howmet Aerospace by 59.2% during the third quarter. Nordea Investment Management AB now owns 1,401,335 shares of the company’s stock worth $273,288,000 after acquiring an additional 521,180 shares during the last quarter. Silverleafe Capital Partners LLC raised its position in shares of Howmet Aerospace by 339.3% during the fourth quarter. Silverleafe Capital Partners LLC now owns 5,847 shares of the company’s stock worth $1,199,000 after acquiring an additional 4,516 shares during the last quarter. GRIMES & Co WEALTH MANAGEMENT LLC acquired a new position in shares of Howmet Aerospace in the third quarter worth approximately $1,581,000. Finally, LBP AM SA lifted its stake in shares of Howmet Aerospace by 18.0% in the third quarter. LBP AM SA now owns 68,499 shares of the company’s stock worth $13,442,000 after acquiring an additional 10,460 shares during the period. Institutional investors own 90.46% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on HWM shares. Susquehanna upped their price objective on shares of Howmet Aerospace from $255.00 to $290.00 and gave the company a “positive” rating in a research note on Friday, February 13th. 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. JPMorgan Chase & Co. boosted their target price on shares of Howmet Aerospace from $227.00 to $265.00 and gave the company an “overweight” rating in a report on Thursday, February 19th. Morgan Stanley reaffirmed an “overweight” rating and set a $280.00 price target on shares of Howmet Aerospace in a research report on Friday, February 13th. Finally, Bank of America increased their price target on Howmet Aerospace from $250.00 to $300.00 and gave the stock a “buy” rating in a report on Friday, February 20th. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $260.30.

Insider Buying and Selling

In other news, VP Barbara Lou Shultz sold 1,000 shares of Howmet Aerospace 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 completion of the transaction, the vice president 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 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 completion of the transaction, the executive vice president owned 107,008 shares of the company’s stock, valued at $26,933,913.60. This represents a 29.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 1.04% of the company’s stock.

Howmet Aerospace Price Performance

Shares of HWM opened at $232.86 on Monday. The business’s fifty day moving average is $238.06 and its 200 day moving average is $214.68. Howmet Aerospace Inc. has a 12-month low of $105.04 and a 12-month high of $267.31. The company has a quick ratio of 1.09, a current ratio of 2.13 and a debt-to-equity ratio of 0.53. The stock 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) last released its quarterly earnings results on Thursday, February 12th. The company reported $1.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.97 by $0.08. Howmet Aerospace had a return on equity of 30.41% and a net margin of 18.27%.The business had revenue of $2.17 billion during the quarter, compared to the consensus estimate of $2.12 billion. During the same quarter in the previous year, the business earned $0.77 EPS. The company’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. Sell-side analysts anticipate that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, February 25th. Stockholders of record on Friday, February 6th were paid 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 (DPR) is presently 12.94%.

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.