Braun Stacey Associates Inc. reduced its stake in shares of Howmet Aerospace Inc. (NYSE:HWM – Free Report) by 7.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 216,363 shares of the company’s stock after selling 17,833 shares during the quarter. Howmet Aerospace makes up about 1.4% of Braun Stacey Associates Inc.’s holdings, making the stock its 14th biggest holding. Braun Stacey Associates Inc. owned about 0.05% of Howmet Aerospace worth $44,359,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also recently modified their holdings of the company. Brighton Jones LLC lifted its holdings 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 buying an additional 130 shares during the period. Acadian Asset Management LLC purchased a new position in Howmet Aerospace during the first quarter valued at $399,000. Sivia Capital Partners LLC purchased a new position in Howmet Aerospace during the second quarter valued at $216,000. Quadrant Capital Group LLC boosted its holdings in shares of Howmet Aerospace by 26.1% during the 2nd quarter. Quadrant Capital Group LLC now owns 1,506 shares of the company’s stock valued at $280,000 after buying an additional 312 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its position in shares of Howmet Aerospace by 109.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 6,955 shares of the company’s stock worth $1,295,000 after buying an additional 3,628 shares during the period. Institutional investors own 90.46% of the company’s stock.
Insider Buying and Selling
In other Howmet Aerospace news, VP Barbara Lou Shultz sold 1,000 shares of the firm’s stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $260.00, for a total transaction of $260,000.00. Following the sale, the vice president directly owned 23,874 shares of the company’s stock, valued at $6,207,240. This trade represents a 4.02% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Neil Edward Marchuk sold 45,150 shares of the company’s stock in a transaction dated 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 completion of the transaction, the executive vice president directly 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 disclosure for this sale is available in the SEC filing. Corporate insiders own 1.04% of the company’s stock.
Howmet Aerospace Trading Up 0.1%
Howmet Aerospace (NYSE:HWM – Get Free Report) last released its quarterly earnings results on Thursday, February 12th. The company reported $1.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.97 by $0.08. The business had revenue of $2.17 billion during 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% on a year-over-year basis. During the same quarter in the previous 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. Sell-side analysts forecast that Howmet Aerospace Inc. will post 3.27 EPS for the current year.
Howmet Aerospace Dividend Announcement
The company also recently announced 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. The ex-dividend date 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%.
Wall Street Analyst Weigh In
A number of brokerages have recently commented on HWM. Morgan Stanley reissued an “overweight” rating and issued a $280.00 price target on shares of Howmet Aerospace in a research report on Friday, February 13th. BTIG Research reiterated a “buy” rating and issued a $275.00 target price on shares of Howmet Aerospace in a research note on Tuesday, March 17th. Citigroup decreased their price objective on shares of Howmet Aerospace from $283.00 to $271.00 and set a “buy” rating for the company in a report on Thursday. Jefferies Financial Group reaffirmed a “buy” rating and issued a $315.00 price objective on shares of Howmet Aerospace in a research report on Sunday, February 15th. Finally, Deutsche Bank Aktiengesellschaft set a $278.00 target price on Howmet Aerospace and gave the stock a “buy” rating in a report on Friday, February 13th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $260.30.
View Our Latest Stock Analysis on HWM
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.
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