Covea Finance Boosts Position in Howmet Aerospace Inc. $HWM

Covea Finance raised its stake in Howmet Aerospace Inc. (NYSE:HWM) by 5.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 231,309 shares of the company’s stock after buying an additional 11,500 shares during the period. Howmet Aerospace comprises 1.6% of Covea Finance’s holdings, making the stock its 13th biggest holding. Covea Finance owned about 0.06% of Howmet Aerospace worth $47,423,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of HWM. Brighton Jones LLC grew its stake in Howmet Aerospace by 5.4% in the fourth quarter. Brighton Jones LLC now owns 2,548 shares of the company’s stock worth $279,000 after purchasing an additional 130 shares in the last quarter. Acadian Asset Management LLC bought a new stake in Howmet Aerospace during the 1st quarter valued at $399,000. Sivia Capital Partners LLC purchased a new stake in shares of Howmet Aerospace in the 2nd quarter worth $216,000. Avantax Advisory Services Inc. lifted its holdings in shares of Howmet Aerospace by 24.7% in the 2nd quarter. Avantax Advisory Services Inc. now owns 12,997 shares of the company’s stock worth $2,419,000 after buying an additional 2,576 shares during the period. Finally, Wealthspire Advisors LLC grew its position in shares of Howmet Aerospace by 74.8% during the 2nd quarter. Wealthspire Advisors LLC now owns 2,814 shares of the company’s stock worth $524,000 after buying an additional 1,204 shares in the last quarter. 90.46% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on HWM shares. Morgan Stanley restated an “overweight” rating and set a $280.00 price target on shares of Howmet Aerospace in a research note on Friday, February 13th. The Goldman Sachs Group set a $228.00 price objective on shares of Howmet Aerospace in a research note on Tuesday, February 17th. Deutsche Bank Aktiengesellschaft set a $278.00 target price on shares of Howmet Aerospace and gave the company a “buy” rating in a research report on Friday, February 13th. Susquehanna boosted their price target on shares of Howmet Aerospace from $255.00 to $290.00 and gave the company a “positive” rating in a report on Friday, February 13th. Finally, Royal Bank Of Canada upped their price target on shares of Howmet Aerospace from $275.00 to $300.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 11th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $256.15.

Howmet Aerospace Stock Performance

Shares of Howmet Aerospace stock opened at $231.07 on Friday. The company has a market capitalization of $92.64 billion, a PE ratio of 62.28, a P/E/G ratio of 2.16 and a beta of 1.21. The company has a 50-day simple moving average of $235.66 and a two-hundred day simple moving average of $210.64. Howmet Aerospace Inc. has a one year low of $105.04 and a one year high of $267.31. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.09 and a current ratio of 2.13.

Howmet Aerospace (NYSE:HWM) last issued its quarterly earnings data 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 firm had revenue of $2.17 billion for 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%. The company’s quarterly revenue was up 14.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.77 EPS. 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. Research analysts expect that Howmet Aerospace Inc. will post 3.27 EPS for the current fiscal year.

Howmet Aerospace Dividend Announcement

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

Insiders Place Their Bets

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

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.