NorthCrest Asset Manangement LLC Sells 2,357 Shares of Howmet Aerospace Inc. $HWM

NorthCrest Asset Manangement LLC trimmed its position in Howmet Aerospace Inc. (NYSE:HWM) by 15.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 12,706 shares of the company’s stock after selling 2,357 shares during the period. NorthCrest Asset Manangement LLC’s holdings in Howmet Aerospace were worth $2,705,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. Newbridge Financial Services Group Inc. lifted its stake in shares of Howmet Aerospace by 119.7% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock worth $25,000 after purchasing an additional 73 shares during the period. Tradewinds Capital Management LLC grew its position in Howmet Aerospace by 52.0% during the third quarter. Tradewinds Capital Management LLC now owns 152 shares of the company’s stock valued at $30,000 after buying an additional 52 shares during the period. Manning & Napier Advisors LLC purchased a new stake in Howmet Aerospace during the third quarter valued at approximately $32,000. Flagship Wealth Advisors LLC purchased a new stake in Howmet Aerospace during the third quarter valued at approximately $33,000. Finally, Harbor Investment Advisory LLC raised its position in Howmet Aerospace by 339.0% in the fourth quarter. Harbor Investment Advisory LLC now owns 180 shares of the company’s stock worth $37,000 after acquiring an additional 139 shares during the period. 90.46% of the stock is currently owned by institutional investors.

Insider Transactions at Howmet Aerospace

In related news, EVP Neil Edward Marchuk sold 45,150 shares of Howmet Aerospace stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $251.70, for a total transaction of $11,364,255.00. Following the sale, the executive vice president owned 107,008 shares of the company’s stock, valued at approximately $26,933,913.60. This trade represents a 29.67% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Barbara Lou Shultz sold 1,000 shares of the business’s stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $260.00, for a total value of $260,000.00. Following the completion of the transaction, the vice president directly owned 23,874 shares in the company, valued at approximately $6,207,240. This represents a 4.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 1.12% of the company’s stock.

Howmet Aerospace Stock Performance

Shares of NYSE HWM opened at $231.07 on Monday. The stock has a market cap of $92.64 billion, a PE ratio of 62.28, a price-to-earnings-growth ratio of 2.14 and a beta of 1.20. Howmet Aerospace Inc. has a 1 year low of $105.04 and a 1 year high of $267.31. The firm has a fifty day moving average price of $235.66 and a 200-day moving average price of $211.16. 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 (NYSE:HWM) last released its earnings results on Thursday, February 12th. The company reported $1.05 earnings per share for the quarter, beating analysts’ consensus estimates of $0.97 by $0.08. The company had revenue of $2.17 billion for the quarter, compared to analysts’ expectations of $2.12 billion. Howmet Aerospace had a net margin of 18.27% and a return on equity of 30.41%. Howmet Aerospace’s revenue for the quarter was up 14.6% on a year-over-year basis. During the same quarter in the previous year, the company 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. Equities analysts anticipate that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 25th. Stockholders of record on Friday, February 6th were given a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Friday, February 6th. Howmet Aerospace’s payout ratio is presently 12.94%.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on HWM shares. Wall Street Zen upgraded shares of Howmet Aerospace from a “hold” rating to a “buy” rating in a research note on Sunday, January 18th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $315.00 target price on shares of Howmet Aerospace in a report on Sunday, February 15th. Wolfe Research set a $270.00 target price on Howmet Aerospace and gave the company an “outperform” rating in a research report on Wednesday, March 11th. Truist Financial set a $280.00 price target on Howmet Aerospace in a report on Wednesday, March 11th. Finally, Citigroup upped their price target on Howmet Aerospace from $255.00 to $283.00 and gave the stock a “buy” rating in a research report on Tuesday, February 17th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $256.15.

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.