iA Global Asset Management Inc. Sells 2,377 Shares of Howmet Aerospace Inc. $HWM

Posted by Brenda Bartman on Jul 2nd, 2026

iA Global Asset Management Inc. lowered its position in shares of Howmet Aerospace Inc. (NYSE:HWM – Free Report) by 8.7% in the first quarter, HoldingsChannel reports. The fund owned 24,945 shares of the company’s stock after selling 2,377 shares during the period. iA Global Asset Management Inc.’s holdings in Howmet Aerospace were worth $5,749,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Newbridge Financial Services Group Inc. lifted its position in shares of Howmet Aerospace by 119.7% in the second quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock worth $25,000 after purchasing an additional 73 shares in the last quarter. Acumen Wealth Advisors LLC bought a new position in Howmet Aerospace in the fourth quarter valued at $25,000. Sound Income Strategies LLC grew its position in Howmet Aerospace by 66.7% in the fourth quarter. Sound Income Strategies LLC now owns 125 shares of the company’s stock valued at $28,000 after purchasing an additional 50 shares in the last quarter. Cornerstone Financial Management LLC bought a new position in Howmet Aerospace in the fourth quarter valued at $28,000. Finally, Vermillion & White Wealth Management Group LLC increased its stake in Howmet Aerospace by 65.1% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 137 shares of the company’s stock valued at $28,000 after buying an additional 54 shares during the last quarter. 90.46% of the stock is owned by institutional investors.

Howmet Aerospace Stock Performance

Shares of HWM stock opened at $267.35 on Thursday. The company has a fifty day moving average price of $260.35 and a two-hundred day moving average price of $241.06. Howmet Aerospace Inc. has a one year low of $169.45 and a one year high of $290.63. The stock has a market cap of $106.97 billion, a P/E ratio of 62.03, a P/E/G ratio of 2.13 and a beta of 1.19. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.44 and a quick ratio of 1.59.

Howmet Aerospace (NYSE:HWM – Get Free Report) last released its quarterly earnings data 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 company had revenue of $2.31 billion for the quarter, compared to analyst estimates of $2.24 billion. Howmet Aerospace had a net margin of 20.23% and a return on equity of 29.27%. Howmet Aerospace’s revenue for the quarter was up 19.1% compared to the same quarter last year. During the same period in the previous year, the business 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. As a group, equities analysts predict that Howmet Aerospace Inc. will post 5.04 EPS for the current year.

Howmet Aerospace Dividend Announcement

The firm 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. This represents a $0.48 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend was Friday, May 8th. Howmet Aerospace’s payout ratio is 11.14%.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. Sanford C. Bernstein reissued an “outperform” rating and set a $318.00 price target on shares of Howmet Aerospace in a research report on Tuesday, June 16th. BTIG Research raised their price objective on Howmet Aerospace from $275.00 to $300.00 and gave the company a “buy” rating in a report on Friday, May 8th. Susquehanna lifted their target price on Howmet Aerospace from $300.00 to $330.00 and gave the company a “positive” rating in a research report on Friday, May 8th. Wolfe Research set a $270.00 target price on Howmet Aerospace and gave the stock an “outperform” rating in a report on Wednesday, March 11th. Finally, Citigroup increased their price target on Howmet Aerospace from $303.00 to $311.00 and gave the company a “buy” rating in a research report on Wednesday. Eighteen equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, Howmet Aerospace currently has an average rating of “Moderate Buy” and an average price target of $287.95.

Read Our Latest Analysis on Howmet Aerospace

Insiders Place Their Bets

In other Howmet Aerospace news, EVP Neil Edward Marchuk sold 41,932 shares of the company’s stock in a transaction that occurred 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 sale, the executive vice president owned 65,105 shares in the company, valued at $17,545,797.50. This represents a 39.18% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.85% of the stock is currently owned by company insiders.

Howmet Aerospace Company 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.