Comerica Bank Has $12.22 Million Stake in Howmet Aerospace Inc. $HWM

Comerica Bank decreased its holdings in Howmet Aerospace Inc. (NYSE:HWM) by 63.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 59,603 shares of the company’s stock after selling 104,706 shares during the period. Comerica Bank’s holdings in Howmet Aerospace were worth $12,220,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the business. Newbridge Financial Services Group Inc. grew its stake in shares of Howmet Aerospace by 119.7% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock valued at $25,000 after buying an additional 73 shares in the last quarter. Sound Income Strategies LLC grew its stake in shares of Howmet Aerospace by 66.7% in the 4th quarter. Sound Income Strategies LLC now owns 125 shares of the company’s stock valued at $28,000 after buying an additional 50 shares in the last quarter. Tradewinds Capital Management LLC grew its stake in shares of Howmet Aerospace by 52.0% in the 3rd quarter. Tradewinds Capital Management LLC now owns 152 shares of the company’s stock valued at $30,000 after buying an additional 52 shares in the last quarter. Manning & Napier Advisors LLC bought a new stake in shares of Howmet Aerospace in the 3rd quarter valued at approximately $32,000. Finally, Flagship Wealth Advisors LLC bought a new stake in shares of Howmet Aerospace in the 3rd quarter valued at approximately $33,000. Institutional investors and hedge funds own 90.46% of the company’s stock.

Howmet Aerospace Stock Down 0.4%

Shares of HWM stock opened at $240.69 on Wednesday. Howmet Aerospace Inc. has a 12 month low of $134.81 and a 12 month high of $267.31. The firm has a market cap of $96.45 billion, a PE ratio of 64.88, a price-to-earnings-growth ratio of 2.23 and a beta of 1.24. The stock has a 50 day moving average of $246.38 and a 200-day moving average of $221.47. 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) 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%.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on HWM. KeyCorp began coverage on Howmet Aerospace in a research note on Wednesday, March 25th. They issued a “sector weight” rating for the company. The Goldman Sachs Group set a $228.00 price target on Howmet Aerospace in a research note on Tuesday, February 17th. Royal Bank Of Canada boosted their price target on Howmet Aerospace from $275.00 to $300.00 and gave the company an “outperform” rating in a research note on Wednesday, March 11th. Wolfe Research set a $270.00 target price on Howmet Aerospace and gave the stock an “outperform” rating in a research report on Wednesday, March 11th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Howmet Aerospace in a research report on Tuesday, April 21st. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $266.89.

Insider Buying and Selling

In other news, EVP Neil Edward Marchuk sold 45,150 shares of the company’s stock in a transaction that occurred on 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 transaction, the executive vice president directly owned 107,008 shares in the company, valued at $26,933,913.60. The trade was a 29.67% decrease in their ownership of the stock. The sale was disclosed in a 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 company’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 value of $260,000.00. Following the transaction, the vice president owned 23,874 shares of the company’s stock, valued at approximately $6,207,240. This trade represents a 4.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.85% 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.