Banque Transatlantique SA increased its holdings in Howmet Aerospace Inc. (NYSE:HWM – Free Report) by 14.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 142,028 shares of the company’s stock after purchasing an additional 17,749 shares during the quarter. Banque Transatlantique SA’s holdings in Howmet Aerospace were worth $27,816,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently made changes to their positions in HWM. Global Trust Asset Management LLC raised its holdings in Howmet Aerospace by 1.2% during the 3rd quarter. Global Trust Asset Management LLC now owns 4,110 shares of the company’s stock worth $807,000 after purchasing an additional 50 shares during the last quarter. REAP Financial Group LLC grew its holdings in Howmet Aerospace by 24.1% during the 3rd quarter. REAP Financial Group LLC now owns 263 shares of the company’s stock worth $52,000 after acquiring an additional 51 shares during the period. Parallel Advisors LLC raised its position in shares of Howmet Aerospace by 1.7% in the 3rd quarter. Parallel Advisors LLC now owns 3,134 shares of the company’s stock worth $615,000 after acquiring an additional 51 shares in the last quarter. Tradewinds Capital Management LLC lifted 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 purchasing an additional 52 shares during the period. Finally, Wedbush Securities Inc. grew its stake in Howmet Aerospace by 1.4% during the third quarter. Wedbush Securities Inc. now owns 3,885 shares of the company’s stock worth $762,000 after purchasing an additional 52 shares during the period. Institutional investors own 90.46% of the company’s stock.
Analyst Ratings Changes
HWM has been the subject of several recent analyst reports. Wolfe Research set a $270.00 price objective on shares of Howmet Aerospace and gave the stock an “outperform” rating in a research report on Wednesday. Jefferies Financial Group restated a “buy” rating and issued a $315.00 price target on shares of Howmet Aerospace in a report on Sunday, February 15th. Wall Street Zen upgraded shares of Howmet Aerospace from a “hold” rating to a “buy” rating in a report on Sunday, January 18th. JPMorgan Chase & Co. upped their price target on Howmet Aerospace from $227.00 to $265.00 and gave the stock an “overweight” rating in a research note on Thursday, February 19th. Finally, Bank of America boosted their price objective on Howmet Aerospace from $250.00 to $300.00 and gave the company a “buy” rating in a report on Friday, February 20th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, Howmet Aerospace currently has an average rating of “Moderate Buy” and a consensus target price of $256.15.
Howmet Aerospace Trading Down 2.9%
NYSE HWM opened at $236.76 on Friday. The business’s fifty day moving average is $233.28 and its 200-day moving average is $208.49. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.13 and a quick ratio of 1.09. Howmet Aerospace Inc. has a one year low of $105.04 and a one year high of $267.31. The stock has a market capitalization of $94.93 billion, a price-to-earnings ratio of 63.82, a PEG ratio of 2.26 and a beta of 1.21.
Howmet Aerospace (NYSE:HWM – Get Free Report) last announced its quarterly earnings data on Thursday, February 12th. The company reported $1.05 earnings per share for the quarter, beating the consensus estimate of $0.97 by $0.08. The business had revenue of $2.17 billion during the quarter, compared to analyst estimates of $2.12 billion. Howmet Aerospace had a return on equity of 30.41% and a net margin of 18.27%.Howmet Aerospace’s revenue was up 14.6% compared to the same quarter last year. During the same period in the prior year, the company 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. Equities research analysts predict 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 was paid on Wednesday, February 25th. Stockholders of record on Friday, February 6th were issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend was Friday, February 6th. Howmet Aerospace’s dividend payout ratio is presently 12.94%.
Insider Buying and Selling
In other Howmet Aerospace news, EVP Neil Edward Marchuk sold 45,150 shares of the firm’s stock in a transaction dated 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 sale, the executive vice president owned 107,008 shares of the company’s stock, valued at $26,933,913.60. This trade 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 firm’s stock in a transaction on Thursday, February 26th. The shares were 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 in the company, valued at approximately $6,207,240. This trade represents a 4.02% decrease in their position. The SEC filing for this sale provides additional information. 1.04% of the stock is currently owned by company 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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