JPMorgan Chase & Co. lessened its holdings in Howmet Aerospace Inc. (NYSE:HWM – Free Report) by 3.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 27,727,872 shares of the company’s stock after selling 1,004,648 shares during the quarter. JPMorgan Chase & Co. owned 0.07% of Howmet Aerospace worth $5,684,769,000 at the end of the most recent reporting period.
Several other institutional investors have also added to or reduced their stakes in HWM. Norges Bank acquired a new stake in Howmet Aerospace in the fourth quarter worth about $1,793,698,000. Invesco Ltd. boosted its holdings in Howmet Aerospace by 12.2% in the third quarter. Invesco Ltd. now owns 7,367,438 shares of the company’s stock worth $1,445,712,000 after acquiring an additional 801,093 shares in the last quarter. Vanguard Group Inc. boosted its holdings in Howmet Aerospace by 1.4% in the third quarter. Vanguard Group Inc. now owns 49,139,989 shares of the company’s stock worth $9,642,740,000 after acquiring an additional 664,595 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in Howmet Aerospace by 27.8% in the fourth quarter. Goldman Sachs Group Inc. now owns 2,754,204 shares of the company’s stock worth $564,667,000 after acquiring an additional 599,151 shares in the last quarter. Finally, Franklin Resources Inc. boosted its holdings in Howmet Aerospace by 116.7% in the third quarter. Franklin Resources Inc. now owns 917,241 shares of the company’s stock worth $179,990,000 after acquiring an additional 493,872 shares in the last quarter. Institutional investors and hedge funds own 90.46% of the company’s stock.
Insider Buying and Selling at Howmet Aerospace
In other news, EVP Neil Edward Marchuk sold 41,932 shares of the 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 transaction, the executive vice president owned 65,105 shares in the company, valued at $17,545,797.50. This trade represents a 39.18% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.85% of the stock is currently owned by insiders.
Analyst Ratings Changes
View Our Latest Stock Analysis on Howmet Aerospace
Howmet Aerospace Trading Up 0.0%
Howmet Aerospace stock opened at $252.01 on Monday. 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 Inc. has a 12 month low of $165.51 and a 12 month high of $280.74. The stock’s 50 day simple moving average is $250.83 and its two-hundred day simple moving average is $232.04. The firm has a market cap of $100.83 billion, a PE ratio of 58.47, a P/E/G ratio of 1.99 and a beta of 1.19.
Howmet Aerospace (NYSE:HWM – Get Free Report) last released 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 business had revenue of $2.31 billion for the quarter, compared to analyst estimates of $2.24 billion. During the same quarter in the prior year, the firm posted $0.86 EPS. The business’s quarterly revenue was up 19.1% compared to the same quarter last year. 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. Analysts anticipate that Howmet Aerospace Inc. will post 5.04 earnings per share for the current year.
Howmet Aerospace Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, May 26th. Shareholders of record on Friday, May 8th were given a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 0.2%. The ex-dividend date was Friday, May 8th. Howmet Aerospace’s dividend payout ratio is currently 11.14%.
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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