Howmet Aerospace Inc. $HWM Shares Sold by Pacer Advisors Inc.

by · The Cerbat Gem

Pacer Advisors Inc. lowered its position in shares of Howmet Aerospace Inc. (NYSE:HWM – Free Report) by 15.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 33,413 shares of the company’s stock after selling 5,896 shares during the quarter. Pacer Advisors Inc.’s holdings in Howmet Aerospace were worth $6,850,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Acumen Wealth Advisors LLC purchased a new position in shares of Howmet Aerospace in the fourth quarter worth about $25,000. Sound Income Strategies LLC boosted its position in Howmet Aerospace by 66.7% in the fourth quarter. Sound Income Strategies LLC now owns 125 shares of the company’s stock valued at $28,000 after buying an additional 50 shares during the last quarter. Newbridge Financial Services Group Inc. boosted its position in Howmet Aerospace by 119.7% in the second quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock valued at $25,000 after buying an additional 73 shares during the last quarter. Vermillion & White Wealth Management Group LLC increased its holdings in Howmet Aerospace by 65.1% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 137 shares of the company’s stock worth $28,000 after buying an additional 54 shares during the period. Finally, Mcguire Capital Advisors Inc. purchased a new position in Howmet Aerospace during the 4th quarter worth approximately $28,000. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Insider Activity at Howmet Aerospace

In related news, EVP Neil Edward Marchuk sold 41,932 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $269.50, for a total transaction of $11,300,674.00. Following the completion of the sale, the executive vice president directly owned 65,105 shares in the company, valued at approximately $17,545,797.50. The trade was a 39.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.85% of the company’s stock.

Wall Street Analyst Weigh In

HWM has been the subject of several research reports. Truist Financial set a $280.00 price objective on shares of Howmet Aerospace in a research note on Wednesday, March 11th. KeyCorp started coverage on shares of Howmet Aerospace in a research note on Wednesday, March 25th. They issued a “sector weight” rating on the stock. BTIG Research raised their target price on shares of Howmet Aerospace from $275.00 to $300.00 and gave the stock a “buy” rating in a report on Friday, May 8th. Morgan Stanley restated an “overweight” rating and set a $315.00 target price on shares of Howmet Aerospace in a research report on Friday, May 8th. Finally, Susquehanna upped their price target on shares of Howmet Aerospace from $300.00 to $330.00 and gave the company a “positive” rating in a report on Friday, May 8th. Eighteen analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $287.53.

Get Our Latest Research Report on Howmet Aerospace

Howmet Aerospace Trading Up 0.2%

Shares of Howmet Aerospace stock opened at $278.25 on Monday. The firm has a market capitalization of $111.33 billion, a PE ratio of 64.56, a P/E/G ratio of 2.20 and a beta of 1.19. Howmet Aerospace Inc. has a twelve month low of $169.06 and a twelve month high of $290.63. The firm’s 50-day moving average price is $257.48 and its 200 day moving average price is $236.65. The company has a current ratio of 2.44, a quick ratio of 1.59 and a debt-to-equity ratio of 0.73.

Howmet Aerospace (NYSE:HWM – Get Free Report) last posted its quarterly earnings data on Thursday, May 7th. The company reported $1.22 EPS for the quarter, topping the consensus estimate of $1.11 by $0.11. Howmet Aerospace had a return on equity of 29.27% and a net margin of 20.23%.The company had revenue of $2.31 billion during the quarter, compared to analyst estimates of $2.24 billion. During the same period in the previous year, the business earned $0.86 EPS. Howmet Aerospace’s quarterly revenue was up 19.1% on a year-over-year basis. Howmet Aerospace has set its FY 2026 guidance at 4.880-5.000 EPS and its Q2 2026 guidance at 1.220-1.240 EPS. On average, sell-side analysts predict that Howmet Aerospace Inc. will post 5.04 EPS for the current fiscal year.

Howmet Aerospace Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, May 26th. Stockholders of record on Friday, May 8th were paid a $0.12 dividend. The ex-dividend date of this dividend was Friday, May 8th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.2%. Howmet Aerospace’s payout ratio is currently 11.14%.

Howmet Aerospace Profile

(Free Report)

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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