Ameriprise Financial Inc. Grows Position in Howmet Aerospace Inc. $HWM

Ameriprise Financial Inc. grew its position in Howmet Aerospace Inc. (NYSE:HWM) by 4.3% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,595,587 shares of the company’s stock after purchasing an additional 147,523 shares during the period. Ameriprise Financial Inc. owned approximately 0.89% of Howmet Aerospace worth $705,565,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Traub Capital Management LLC acquired a new position in shares of Howmet Aerospace in the 2nd quarter valued at about $25,000. Winnow Wealth LLC purchased a new position in Howmet Aerospace in the 2nd quarter valued at about $25,000. 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 valued at $25,000 after purchasing an additional 73 shares in the last quarter. Tradewinds Capital Management LLC grew its stake in Howmet Aerospace by 52.0% during the 3rd quarter. Tradewinds Capital Management LLC now owns 152 shares of the company’s stock valued at $30,000 after acquiring an additional 52 shares in the last quarter. Finally, Manning & Napier Advisors LLC purchased a new position in Howmet Aerospace in the 3rd quarter worth approximately $32,000. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on HWM shares. The Goldman Sachs Group set a $228.00 price target on Howmet Aerospace in a research report on Tuesday, February 17th. Susquehanna lifted their price objective on Howmet Aerospace from $255.00 to $290.00 and gave the stock a “positive” rating in a research report on Friday, February 13th. BNP Paribas Exane assumed coverage on Howmet Aerospace in a report on Tuesday, November 18th. They set an “outperform” rating and a $240.00 price target on the stock. Deutsche Bank Aktiengesellschaft set a $278.00 target price on shares of Howmet Aerospace and gave the company a “buy” rating in a report on Friday, February 13th. Finally, Morgan Stanley restated an “overweight” rating and set a $280.00 price target on shares of Howmet Aerospace in a report on Friday, February 13th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $256.15.

Insider Buying and Selling

In related news, EVP Neil Edward Marchuk sold 45,150 shares of Howmet Aerospace stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $251.70, for a total transaction of $11,364,255.00. Following the sale, the executive vice president directly owned 107,008 shares in the company, valued at $26,933,913.60. This trade represents a 29.67% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Barbara Lou Shultz sold 1,000 shares of the company’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 completion of the transaction, the vice president owned 23,874 shares of the company’s stock, valued at $6,207,240. This represents a 4.02% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.12% of the stock is currently owned by company insiders.

Howmet Aerospace Trading Down 2.9%

NYSE HWM opened at $236.76 on Monday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.09 and a current ratio of 2.13. The firm has a market cap of $94.93 billion, a price-to-earnings ratio of 63.82, a PEG ratio of 2.19 and a beta of 1.20. The firm has a 50 day simple moving average of $233.28 and a 200-day simple moving average of $208.95. Howmet Aerospace Inc. has a one year low of $105.04 and a one year high of $267.31.

Howmet Aerospace (NYSE:HWM) last posted its earnings results on Thursday, February 12th. The company reported $1.05 EPS for the quarter, beating the consensus estimate of $0.97 by $0.08. The firm had revenue of $2.17 billion for 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 for the quarter was up 14.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $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 anticipate that Howmet Aerospace Inc. will post 3.27 EPS for the current fiscal year.

Howmet Aerospace Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 25th. Shareholders of record on Friday, February 6th were issued a dividend of $0.12 per share. The ex-dividend date of this dividend was Friday, February 6th. This represents a $0.48 dividend on an annualized basis and a yield of 0.2%. Howmet Aerospace’s dividend payout ratio (DPR) is presently 12.94%.

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.