Assenagon Asset Management S.A. Cuts Stock Position in Howmet Aerospace Inc. $HWM

Assenagon Asset Management S.A. lessened its position in shares of Howmet Aerospace Inc. (NYSE:HWM) by 64.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 243,866 shares of the company’s stock after selling 445,523 shares during the quarter. Assenagon Asset Management S.A. owned about 0.06% of Howmet Aerospace worth $49,997,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of HWM. Global Trust Asset Management LLC grew its holdings in Howmet Aerospace by 1.2% in the third 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 lifted its holdings in shares of Howmet Aerospace by 24.1% during the 3rd quarter. REAP Financial Group LLC now owns 263 shares of the company’s stock valued at $52,000 after purchasing an additional 51 shares during the last quarter. Parallel Advisors LLC boosted 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 purchasing an additional 51 shares in the last quarter. Tradewinds Capital Management LLC boosted its position 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 worth $30,000 after purchasing an additional 52 shares in the last quarter. Finally, Wedbush Securities Inc. grew its stake in Howmet Aerospace by 1.4% during the 3rd quarter. Wedbush Securities Inc. now owns 3,885 shares of the company’s stock worth $762,000 after buying an additional 52 shares during the last quarter. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. Wolfe Research set a $270.00 price target on Howmet Aerospace and gave the company an “outperform” rating in a research note on Wednesday, March 11th. BTIG Research restated a “buy” rating and set a $275.00 price target on shares of Howmet Aerospace in a research note on Tuesday, March 17th. Citigroup upped their price objective on shares of Howmet Aerospace from $255.00 to $283.00 and gave the company a “buy” rating in a report on Tuesday, February 17th. Deutsche Bank Aktiengesellschaft set a $278.00 price objective on shares of Howmet Aerospace and gave the company a “buy” rating in a research report on Friday, February 13th. Finally, Jefferies Financial Group reissued a “buy” rating and set a $315.00 target price on shares of Howmet Aerospace in a research report on Sunday, February 15th. One 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 company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $256.15.

Insider Activity at Howmet Aerospace

In other news, EVP Neil Edward Marchuk sold 45,150 shares of the company’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $251.70, for a total value of $11,364,255.00. Following the sale, the executive vice president directly owned 107,008 shares of the company’s stock, valued at $26,933,913.60. This represents a 29.67% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, 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 $6,207,240. The trade was a 4.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.12% of the company’s stock.

Howmet Aerospace Stock Up 1.3%

Howmet Aerospace stock opened at $239.17 on Wednesday. The business’s 50-day simple moving average is $236.37 and its two-hundred day simple moving average is $211.99. 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 company has a market cap of $95.89 billion, a PE ratio of 64.47, a PEG ratio of 2.19 and a beta of 1.21. Howmet Aerospace Inc. has a fifty-two week low of $105.04 and a fifty-two week high of $267.31.

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, topping the consensus estimate of $0.97 by $0.08. Howmet Aerospace had a return on equity of 30.41% and a net margin of 18.27%.The firm had revenue of $2.17 billion during the quarter, compared to analysts’ expectations of $2.12 billion. During the same period last year, the business posted $0.77 earnings per share. The company’s revenue for the quarter 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. Equities analysts anticipate that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Announces Dividend

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

Howmet Aerospace Company 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.