APG Asset Management N.V. lowered its position in shares of Howmet Aerospace Inc. (NYSE:HWM – Free Report) by 7.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 240,044 shares of the company’s stock after selling 20,260 shares during the period. APG Asset Management N.V. owned 0.06% of Howmet Aerospace worth $47,104,000 at the end of the most recent quarter.
Several other large investors have also recently bought and sold shares of HWM. Norges Bank purchased a new position in shares of Howmet Aerospace in the 2nd quarter valued at $1,633,157,000. JPMorgan Chase & Co. boosted its stake in Howmet Aerospace by 30.1% in the second quarter. JPMorgan Chase & Co. now owns 31,806,624 shares of the company’s stock valued at $5,920,181,000 after acquiring an additional 7,356,077 shares in the last quarter. American Century Companies Inc. grew its holdings in shares of Howmet Aerospace by 51.8% during the second quarter. American Century Companies Inc. now owns 3,635,999 shares of the company’s stock worth $676,769,000 after purchasing an additional 1,240,071 shares during the last quarter. Westfield Capital Management Co. LP increased its position in shares of Howmet Aerospace by 68.8% during the second quarter. Westfield Capital Management Co. LP now owns 1,915,955 shares of the company’s stock worth $356,617,000 after purchasing an additional 780,896 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in shares of Howmet Aerospace by 7.0% during the second quarter. Geode Capital Management LLC now owns 10,938,815 shares of the company’s stock worth $2,032,221,000 after purchasing an additional 719,888 shares in the last quarter. Hedge funds and other institutional investors own 90.46% of the company’s stock.
Insiders Place Their Bets
In other Howmet Aerospace 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 value 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 position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Barbara Lou Shultz sold 1,000 shares of the stock in a transaction dated 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 owned 23,874 shares of the company’s stock, valued at $6,207,240. This trade represents a 4.02% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 1.12% of the company’s stock.
Analyst Upgrades and Downgrades
View Our Latest Stock Analysis on HWM
Howmet Aerospace Trading Up 0.7%
Shares of NYSE HWM opened at $262.12 on Monday. 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 Inc. has a 12 month low of $105.04 and a 12 month high of $262.63. The company has a market cap of $105.10 billion, a price-to-earnings ratio of 70.65, a P/E/G ratio of 2.43 and a beta of 1.20. The business has a fifty day simple moving average of $224.60 and a 200-day simple moving average of $203.35.
Howmet Aerospace (NYSE:HWM – Get Free Report) last released its 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. Howmet Aerospace had a net margin of 18.27% and a return on equity of 30.41%. The company had revenue of $2.17 billion during the quarter, compared to the consensus estimate of $2.12 billion. During the same quarter in the prior year, the firm earned $0.77 EPS. The company’s 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. Sell-side analysts predict that Howmet Aerospace Inc. will post 3.27 EPS for the current year.
Howmet Aerospace Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 25th. Stockholders of record on Friday, February 6th were paid a $0.12 dividend. 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.
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