Evergreen Capital Management LLC lifted its position in Howmet Aerospace Inc. (NYSE:HWM – Free Report) by 101.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,786 shares of the company’s stock after buying an additional 2,408 shares during the quarter. Evergreen Capital Management LLC’s holdings in Howmet Aerospace were worth $981,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Newbridge Financial Services Group Inc. lifted its holdings in Howmet Aerospace by 119.7% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock worth $25,000 after purchasing an additional 73 shares during the last quarter. Sound Income Strategies LLC lifted its holdings in Howmet Aerospace by 66.7% in the 4th quarter. Sound Income Strategies LLC now owns 125 shares of the company’s stock worth $28,000 after purchasing an additional 50 shares during the last quarter. Tradewinds Capital Management LLC lifted its holdings in Howmet Aerospace by 52.0% in the 3rd quarter. Tradewinds Capital Management LLC now owns 152 shares of the company’s stock worth $30,000 after purchasing an additional 52 shares during the last quarter. Manning & Napier Advisors LLC acquired a new stake in Howmet Aerospace in the 3rd quarter worth approximately $32,000. Finally, Flagship Wealth Advisors LLC acquired a new stake in Howmet Aerospace in the 3rd quarter worth approximately $33,000. 90.46% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several equities research analysts recently weighed in on HWM shares. Citigroup reduced their target price on Howmet Aerospace from $283.00 to $271.00 and set a “buy” rating for the company in a report on Thursday, April 2nd. Morgan Stanley restated an “overweight” rating and issued a $280.00 target price on shares of Howmet Aerospace in a report on Friday, February 13th. The Goldman Sachs Group set a $228.00 target price on Howmet Aerospace in a report on Tuesday, February 17th. 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. Finally, Bank of America boosted their target price 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, seventeen have assigned a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $266.89.
Howmet Aerospace Stock Up 2.3%
Shares of HWM stock opened at $246.41 on Friday. Howmet Aerospace Inc. has a 12 month low of $129.28 and a 12 month high of $267.31. The firm has a market cap of $98.74 billion, a PE ratio of 66.42, a price-to-earnings-growth ratio of 2.22 and a beta of 1.24. The stock has a 50 day moving average of $246.93 and a 200-day moving average of $219.93. The company has a quick ratio of 1.09, a current ratio of 2.13 and a debt-to-equity ratio of 0.53.
Howmet Aerospace (NYSE:HWM – Get Free Report) last issued its quarterly earnings results on Thursday, February 12th. The company reported $1.05 EPS for the quarter, topping 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 company had revenue of $2.17 billion during the quarter, compared to analyst estimates of $2.12 billion. During the same period in the previous year, the company earned $0.77 earnings per share. The company’s quarterly revenue 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. On average, equities analysts predict that Howmet Aerospace Inc. will post 4.57 EPS for the current year.
Howmet Aerospace Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 26th. Stockholders of record on Friday, May 8th will be issued a dividend of $0.12 per share. The ex-dividend date is Friday, May 8th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.2%. Howmet Aerospace’s payout ratio is 12.94%.
Insider Buying and Selling
In other news, VP Barbara Lou Shultz sold 1,000 shares of the business’s stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $260.00, for a total transaction of $260,000.00. Following the sale, the vice president directly owned 23,874 shares in the company, valued at approximately $6,207,240. The trade was a 4.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Neil Edward Marchuk sold 45,150 shares of the business’s stock in a transaction that occurred 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 sale, the executive vice president owned 107,008 shares in the company, valued at approximately $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. 1.04% of the stock is 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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