Dakota Wealth Management Cuts Stake in Howmet Aerospace Inc. $HWM

Dakota Wealth Management cut its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM) by 10.5% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 87,428 shares of the company’s stock after selling 10,242 shares during the quarter. Dakota Wealth Management’s holdings in Howmet Aerospace were worth $17,156,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. Traub Capital Management LLC bought a new position in shares of Howmet Aerospace during the 2nd quarter valued at $25,000. Winnow Wealth LLC bought a new position in shares of Howmet Aerospace during the second quarter valued at about $25,000. Newbridge Financial Services Group Inc. increased its holdings in shares of Howmet Aerospace by 119.7% in the second quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock worth $25,000 after buying an additional 73 shares during the period. Tradewinds Capital Management LLC increased its holdings in shares of Howmet Aerospace by 52.0% in the third quarter. Tradewinds Capital Management LLC now owns 152 shares of the company’s stock worth $30,000 after buying an additional 52 shares during the period. Finally, Atlantic Union Bankshares Corp bought a new stake in shares of Howmet Aerospace in the 2nd quarter valued at about $32,000. 90.46% of the stock is currently owned by institutional investors.

Howmet Aerospace Trading Down 0.6%

Shares of HWM opened at $256.51 on Tuesday. Howmet Aerospace Inc. has a 1-year low of $105.04 and a 1-year high of $258.83. 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 firm’s 50-day moving average price is $219.50 and its 200-day moving average price is $201.06. The firm has a market capitalization of $102.84 billion, a price-to-earnings ratio of 69.14, a PEG ratio of 2.57 and a beta of 1.26.

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, topping analysts’ consensus estimates of $0.97 by $0.08. The company had revenue of $2.17 billion during the quarter, compared to the consensus estimate of $2.12 billion. Howmet Aerospace had a net margin of 18.27% and a return on equity of 30.41%. Howmet Aerospace’s revenue was up 14.6% on a year-over-year basis. During the same period in the prior year, the firm earned $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. Sell-side analysts anticipate that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, February 25th. Investors of record on Friday, February 6th will be paid a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Friday, February 6th. Howmet Aerospace’s dividend payout ratio is presently 12.94%.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on HWM. Truist Financial set a $258.00 price target on Howmet Aerospace in a research note on Friday, January 9th. 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. Jefferies Financial Group reaffirmed a “buy” rating and issued a $315.00 target price on shares of Howmet Aerospace in a research note on Sunday, February 15th. Citigroup increased their price target on shares of Howmet Aerospace from $255.00 to $283.00 and gave the company a “buy” rating in a research report on Tuesday, February 17th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a $275.00 price objective on shares of Howmet Aerospace in a research report on Friday, February 13th. One 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 company currently has an average rating of “Moderate Buy” and a consensus price target of $252.95.

Insiders Place Their Bets

In other Howmet Aerospace news, EVP Neil Edward Marchuk sold 45,150 shares of the stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $251.70, for a total value of $11,364,255.00. Following the completion of the transaction, 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.12% of the stock is currently owned by 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.