Outlook Wealth Advisors LLC cut its stake in Howmet Aerospace Inc. (NYSE:HWM – Free Report) by 57.8% during the fourth quarter, HoldingsChannel reports. The fund owned 3,643 shares of the company’s stock after selling 4,986 shares during the quarter. Outlook Wealth Advisors LLC’s holdings in Howmet Aerospace were worth $747,000 as of its most recent SEC filing.
Several other large investors have also recently made changes to their positions in HWM. Silverleafe Capital Partners LLC boosted its position in Howmet Aerospace by 339.3% during the fourth quarter. Silverleafe Capital Partners LLC now owns 5,847 shares of the company’s stock valued at $1,199,000 after purchasing an additional 4,516 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH boosted its position in Howmet Aerospace by 8.2% during the fourth quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 475,814 shares of the company’s stock valued at $96,916,000 after purchasing an additional 36,195 shares in the last quarter. Stratos Wealth Partners LTD. boosted its position in Howmet Aerospace by 20.3% during the third quarter. Stratos Wealth Partners LTD. now owns 153,889 shares of the company’s stock valued at $30,198,000 after purchasing an additional 25,957 shares in the last quarter. M&T Bank Corp boosted its position in Howmet Aerospace by 75.0% during the fourth quarter. M&T Bank Corp now owns 42,975 shares of the company’s stock valued at $8,810,000 after purchasing an additional 18,417 shares in the last quarter. Finally, Munich Reinsurance Co Stock Corp in Munich bought a new stake in Howmet Aerospace during the third quarter valued at about $33,583,000. 90.46% of the stock is owned by institutional investors.
Insider Buying and Selling
In other Howmet Aerospace news, EVP Neil Edward Marchuk sold 41,932 shares of Howmet Aerospace stock in a transaction dated 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 owned 65,105 shares of the company’s stock, valued at approximately $17,545,797.50. The trade was a 39.18% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.85% of the company’s stock.
Howmet Aerospace Price Performance
Howmet Aerospace (NYSE:HWM – Get Free Report) last issued its quarterly earnings results on Thursday, May 7th. The company reported $1.22 earnings per share for the quarter, topping the consensus estimate of $1.11 by $0.11. The business had revenue of $2.31 billion during the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same quarter last year, the company earned $0.86 earnings per share. 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. As a group, equities analysts expect 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. Shareholders of record on Friday, May 8th were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Friday, May 8th. This represents a $0.48 dividend on an annualized basis and a yield of 0.2%. Howmet Aerospace’s payout ratio is currently 11.14%.
Wall Street Analyst Weigh In
A number of equities research analysts recently weighed in on HWM shares. 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. KeyCorp began coverage on Howmet Aerospace in a research note on Wednesday, March 25th. They set a “sector weight” rating on the stock. Jefferies Financial Group restated a “buy” rating and set a $320.00 target price on shares of Howmet Aerospace in a research note on Sunday, May 10th. Weiss Ratings restated a “buy (b)” rating on shares of Howmet Aerospace in a research note on Tuesday, April 21st. Finally, BNP Paribas Exane reissued an “outperform” rating and issued a $340.00 price target (up from $265.00) on shares of Howmet Aerospace in a report on Friday, May 8th. Eighteen analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, Howmet Aerospace has an average rating of “Moderate Buy” and an average price target of $285.53.
View Our Latest Stock Report on Howmet Aerospace
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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