Cookson Peirce & Co. Inc. lowered its position in Howmet Aerospace Inc. (NYSE:HWM – Free Report) by 2.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 196,156 shares of the company’s stock after selling 5,028 shares during the period. Howmet Aerospace accounts for about 1.7% of Cookson Peirce & Co. Inc.’s investment portfolio, making the stock its 17th largest holding. Cookson Peirce & Co. Inc.’s holdings in Howmet Aerospace were worth $40,216,000 at the end of the most recent reporting period.
Several other institutional investors have also recently made changes to their positions in the company. XML Financial LLC raised its position in shares of Howmet Aerospace by 38.3% in the 4th quarter. XML Financial LLC now owns 2,944 shares of the company’s stock worth $604,000 after acquiring an additional 816 shares in the last quarter. Havemeyer Place LP bought a new position in shares of Howmet Aerospace in the 4th quarter worth approximately $582,000. 111 Capital bought a new position in shares of Howmet Aerospace in the 4th quarter worth approximately $431,000. Vestcor Inc raised its position in shares of Howmet Aerospace by 21.5% in the 4th quarter. Vestcor Inc now owns 11,477 shares of the company’s stock worth $2,353,000 after acquiring an additional 2,029 shares in the last quarter. Finally, MCF Advisors LLC increased its position in Howmet Aerospace by 1,500.0% during the 4th quarter. MCF Advisors LLC now owns 304 shares of the company’s stock valued at $62,000 after buying an additional 285 shares in the last quarter. Institutional investors own 90.46% of the company’s stock.
Analysts Set New Price Targets
A number of research firms recently weighed in on HWM. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $320.00 price objective on shares of Howmet Aerospace in a research report on Friday, May 8th. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $280.00 price objective on shares of Howmet Aerospace in a research report on Tuesday, February 17th. BTIG Research raised their price objective on Howmet Aerospace from $275.00 to $300.00 and gave the company a “buy” rating in a research report on Friday, May 8th. BNP Paribas Exane reaffirmed an “outperform” rating and set a $340.00 price objective (up from $265.00) on shares of Howmet Aerospace in a research report on Friday, May 8th. Finally, Wells Fargo & Company began coverage on 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. Eighteen analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $285.53.
Insider Activity at Howmet Aerospace
In other Howmet Aerospace news, EVP Neil Edward Marchuk sold 41,932 shares of Howmet Aerospace stock in a transaction on Monday, May 11th. The stock was sold at an average price of $269.50, for a total value of $11,300,674.00. Following the completion of the sale, the executive vice president owned 65,105 shares of the company’s stock, valued at approximately $17,545,797.50. This trade represents a 39.18% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.85% of the company’s stock.
Howmet Aerospace Stock Up 1.1%
HWM stock opened at $252.01 on Friday. Howmet Aerospace Inc. has a twelve month low of $165.51 and a twelve month high of $280.74. The company has a quick ratio of 1.59, a current ratio of 2.44 and a debt-to-equity ratio of 0.73. The firm has a market cap of $100.83 billion, a PE ratio of 58.47, a price-to-earnings-growth ratio of 1.99 and a beta of 1.19. The business has a 50 day moving average of $250.83 and a 200 day moving average of $231.82.
Howmet Aerospace (NYSE:HWM – Get Free Report) last posted its earnings results on Thursday, May 7th. The company reported $1.22 EPS for the quarter, topping analysts’ consensus estimates of $1.11 by $0.11. The business had revenue of $2.31 billion during the quarter, compared to analyst estimates of $2.24 billion. Howmet Aerospace had a return on equity of 29.27% and a net margin of 20.23%.The company’s quarterly revenue was up 19.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.86 EPS. 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, research analysts forecast that Howmet Aerospace Inc. will post 5.04 EPS for the current fiscal year.
Howmet Aerospace Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 26th. Shareholders of record on Friday, May 8th were issued 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 dividend payout ratio (DPR) is presently 11.14%.
Howmet Aerospace 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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