Howmet Aerospace Inc. $HWM Position Lowered by Hardman Johnston Global Advisors LLC
by Danessa Lincoln · The Markets DailyHardman Johnston Global Advisors LLC trimmed its position in Howmet Aerospace Inc. (NYSE:HWM – Free Report) by 0.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 499,506 shares of the company’s stock after selling 2,919 shares during the quarter. Howmet Aerospace accounts for approximately 4.9% of Hardman Johnston Global Advisors LLC’s portfolio, making the stock its 5th largest holding. Hardman Johnston Global Advisors LLC’s holdings in Howmet Aerospace were worth $102,409,000 at the end of the most recent quarter.
A number of other large investors also recently modified their holdings of HWM. Brighton Jones LLC raised its holdings in shares of Howmet Aerospace by 5.4% during the 4th quarter. Brighton Jones LLC now owns 2,548 shares of the company’s stock valued at $279,000 after buying an additional 130 shares during the period. Acadian Asset Management LLC purchased a new stake in shares of Howmet Aerospace during the 1st quarter valued at about $399,000. Sivia Capital Partners LLC purchased a new stake in shares of Howmet Aerospace during the 2nd quarter valued at about $216,000. Brown Advisory Inc. raised its holdings in shares of Howmet Aerospace by 31.0% during the 2nd quarter. Brown Advisory Inc. now owns 4,180 shares of the company’s stock valued at $778,000 after buying an additional 990 shares during the period. Finally, Cary Street Partners Financial LLC purchased a new stake in shares of Howmet Aerospace during the 2nd quarter valued at about $145,000. 90.46% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Several equities research analysts recently commented on the company. Truist Financial set a $280.00 target price on Howmet Aerospace in a report on Wednesday, March 11th. UBS Group raised their target price on Howmet Aerospace from $228.00 to $260.00 and gave the company a “neutral” rating in a report on Tuesday, February 17th. Jefferies Financial Group reiterated a “buy” rating and set a $315.00 target price on shares of Howmet Aerospace in a report on Sunday, February 15th. Susquehanna raised their target price on Howmet Aerospace from $255.00 to $290.00 and gave the company a “positive” rating in a report on Friday, February 13th. Finally, KeyCorp assumed coverage on Howmet Aerospace in a report on Wednesday, March 25th. They set a “sector weight” rating on the stock. One analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, Howmet Aerospace has an average rating of “Moderate Buy” and a consensus target price of $260.30.
View Our Latest Stock Analysis on Howmet Aerospace
Howmet Aerospace Price Performance
Shares of NYSE HWM opened at $252.68 on Monday. Howmet Aerospace Inc. has a fifty-two week low of $118.09 and a fifty-two week high of $267.31. The business has a 50 day moving average price of $241.47 and a two-hundred day moving average price of $216.59. The company has a quick ratio of 1.09, a current ratio of 2.13 and a debt-to-equity ratio of 0.53. The firm has a market cap of $101.25 billion, a PE ratio of 68.11, a price-to-earnings-growth ratio of 2.33 and a beta of 1.24.
Howmet Aerospace (NYSE:HWM – Get Free Report) last issued its quarterly earnings data 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. 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 analyst estimates of $2.12 billion. During the same quarter last year, the firm earned $0.77 EPS. Howmet Aerospace’s quarterly revenue was up 14.6% on a year-over-year basis. 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 expect that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.
Howmet Aerospace Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Wednesday, February 25th. Stockholders of record on Friday, February 6th were given a $0.12 dividend. The ex-dividend date was Friday, February 6th. This represents a $0.48 annualized dividend and a dividend yield of 0.2%. Howmet Aerospace’s dividend payout ratio (DPR) is presently 12.94%.
Insider Activity at Howmet Aerospace
In other news, VP Barbara Lou Shultz sold 1,000 shares of Howmet Aerospace 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 owned 23,874 shares in the company, valued at approximately $6,207,240. This trade represents a 4.02% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, 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 value of $11,364,255.00. Following the completion of the transaction, the executive vice president owned 107,008 shares of the company’s stock, valued at approximately $26,933,913.60. The trade was a 29.67% decrease in their position. The SEC filing for this sale provides additional information. 1.12% of the stock is currently owned by company insiders.
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.
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