CIBC Bancorp USA Inc. Buys Shares of 54,913 Howmet Aerospace Inc. $HWM

CIBC Bancorp USA Inc. purchased a new position in shares of Howmet Aerospace Inc. (NYSE:HWM) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 54,913 shares of the company’s stock, valued at approximately $10,776,000.

A number of other large investors also recently modified their holdings of the company. Norges Bank bought a new stake in Howmet Aerospace during the 2nd quarter worth $1,633,157,000. JPMorgan Chase & Co. increased its holdings in Howmet Aerospace by 30.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 31,806,624 shares of the company’s stock worth $5,920,181,000 after purchasing an additional 7,356,077 shares in the last quarter. American Century Companies Inc. raised its position in Howmet Aerospace by 51.8% in the second quarter. American Century Companies Inc. now owns 3,635,999 shares of the company’s stock valued at $676,769,000 after purchasing an additional 1,240,071 shares during the last quarter. Invesco Ltd. raised its position in Howmet Aerospace by 12.2% in the third quarter. Invesco Ltd. now owns 7,367,438 shares of the company’s stock valued at $1,445,712,000 after purchasing an additional 801,093 shares during the last quarter. Finally, Westfield Capital Management Co. LP boosted its stake 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 valued at $356,617,000 after purchasing an additional 780,896 shares in the last quarter. 90.46% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, VP Barbara Lou Shultz sold 1,000 shares of Howmet Aerospace stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $260.00, for a total value of $260,000.00. Following the completion of the sale, the vice president owned 23,874 shares in the company, valued at $6,207,240. The trade was a 4.02% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Neil Edward Marchuk sold 45,150 shares of the business’s 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 transaction, the executive vice president owned 107,008 shares in the company, valued at $26,933,913.60. The trade was a 29.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.04% of the stock is currently owned by corporate insiders.

Howmet Aerospace Stock Performance

Shares of Howmet Aerospace stock opened at $232.72 on Friday. The business has a 50-day moving average price of $235.40 and a two-hundred day moving average price of $210.24. Howmet Aerospace Inc. has a 1-year low of $105.04 and a 1-year high of $267.31. 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 company has a market cap of $93.31 billion, a P/E ratio of 62.73, a PEG ratio of 2.24 and a beta of 1.21.

Howmet Aerospace (NYSE:HWM) last announced its quarterly earnings data on Thursday, February 12th. The company reported $1.05 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to the consensus estimate of $2.12 billion. During the same period in the previous year, the business earned $0.77 EPS. The firm’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. As a group, analysts anticipate that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Dividend Announcement

The firm also recently declared 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. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date was Friday, February 6th. Howmet Aerospace’s dividend payout ratio is presently 12.94%.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on HWM shares. Wall Street Zen upgraded Howmet Aerospace from a “hold” rating to a “buy” rating in a report on Sunday, January 18th. Truist Financial set a $280.00 price objective on shares of Howmet Aerospace in a report on Wednesday, March 11th. JPMorgan Chase & Co. lifted their target price on shares of Howmet Aerospace from $227.00 to $265.00 and gave the stock an “overweight” rating in a research report on Thursday, February 19th. Sanford C. Bernstein reissued an “outperform” rating and set a $280.00 target price on shares of Howmet Aerospace in a report on Tuesday, February 17th. Finally, BTIG Research restated a “buy” rating and issued a $275.00 price target on shares of Howmet Aerospace in a research report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, Howmet Aerospace has an average rating of “Moderate Buy” and a consensus target price of $256.15.

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.