Massachusetts Financial Services Co. MA Sells 1,806,287 Shares of Howmet Aerospace Inc. $HWM

by · The Markets Daily

Massachusetts Financial Services Co. MA decreased its position in shares of Howmet Aerospace Inc. (NYSE:HWMFree Report) by 15.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 9,810,474 shares of the company’s stock after selling 1,806,287 shares during the quarter. Massachusetts Financial Services Co. MA’s holdings in Howmet Aerospace were worth $2,011,343,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in HWM. Burns J W & Co. Inc. NY increased its position in shares of Howmet Aerospace by 2.6% during the fourth quarter. Burns J W & Co. Inc. NY now owns 1,949 shares of the company’s stock worth $400,000 after buying an additional 49 shares during the period. Global Trust Asset Management LLC increased its position in shares of Howmet Aerospace by 1.2% during the third quarter. Global Trust Asset Management LLC now owns 4,110 shares of the company’s stock worth $807,000 after buying an additional 50 shares during the period. Earned Wealth Advisors LLC increased its position in shares of Howmet Aerospace by 1.0% during the fourth quarter. Earned Wealth Advisors LLC now owns 5,023 shares of the company’s stock worth $1,030,000 after buying an additional 50 shares during the period. Sound Income Strategies LLC increased its position in shares of Howmet Aerospace by 66.7% during the fourth quarter. Sound Income Strategies LLC now owns 125 shares of the company’s stock worth $28,000 after buying an additional 50 shares during the period. Finally, REAP Financial Group LLC increased its position in shares of Howmet Aerospace by 24.1% during the third quarter. REAP Financial Group LLC now owns 263 shares of the company’s stock worth $52,000 after buying an additional 51 shares during the period. Institutional investors own 90.46% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on HWM. Bank of America increased their price objective on shares of Howmet Aerospace from $250.00 to $300.00 and gave the stock a “buy” rating in a research report on Friday, February 20th. BTIG Research reiterated a “buy” rating and set a $275.00 price objective on shares of Howmet Aerospace in a research report on Tuesday, March 17th. Weiss Ratings reiterated a “buy (b)” rating on shares of Howmet Aerospace in a research report on Thursday, January 22nd. Wells Fargo & Company began coverage on shares of Howmet Aerospace in a research report on Wednesday, April 1st. They set an “equal weight” rating and a $240.00 price objective for the company. Finally, The Goldman Sachs Group set a $228.00 price objective on shares of Howmet Aerospace in a research report on Tuesday, February 17th. One research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $260.30.

Read Our Latest Stock Analysis on HWM

Howmet Aerospace Stock Performance

NYSE:HWM opened at $252.68 on Friday. The company has a fifty day moving average of $241.47 and a 200-day moving average of $216.25. The firm has a market capitalization of $101.25 billion, a P/E ratio of 68.11, a P/E/G ratio of 2.34 and a beta of 1.24. The company has a quick ratio of 1.09, a current ratio of 2.13 and a debt-to-equity ratio of 0.53. Howmet Aerospace Inc. has a twelve month low of $118.09 and a twelve month high of $267.31.

Howmet Aerospace (NYSE:HWMGet Free Report) last released its quarterly earnings data on Thursday, February 12th. The company reported $1.05 earnings per share for the quarter, beating the consensus estimate of $0.97 by $0.08. The company had revenue of $2.17 billion during the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same quarter in the previous year, the business posted $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. As a group, sell-side analysts anticipate that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 25th. Stockholders of record on Friday, February 6th were paid 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 payout ratio is currently 12.94%.

Insider Buying and Selling at Howmet Aerospace

In other Howmet Aerospace news, VP Barbara Lou Shultz sold 1,000 shares of the business’s stock in a transaction on Thursday, February 26th. The shares were 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 approximately $6,207,240. The trade was a 4.02% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Neil Edward Marchuk sold 45,150 shares of the business’s stock in a transaction on Wednesday, February 18th. The shares were 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 $26,933,913.60. This trade represents a 29.67% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 1.04% of the company’s stock.

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.

See Also

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