Bank Julius Baer & Co. Ltd Zurich Lowers Position in Howmet Aerospace Inc. $HWM

Bank Julius Baer & Co. Ltd Zurich trimmed its stake in Howmet Aerospace Inc. (NYSE:HWMFree Report) by 44.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 16,113 shares of the company’s stock after selling 12,753 shares during the quarter. Bank Julius Baer & Co. Ltd Zurich’s holdings in Howmet Aerospace were worth $3,332,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Newbridge Financial Services Group Inc. grew its holdings in Howmet Aerospace by 119.7% in the second quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock valued at $25,000 after purchasing an additional 73 shares during the period. Sound Income Strategies LLC grew its stake in 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. Manning & Napier Advisors LLC purchased a new stake in Howmet Aerospace during the third quarter worth approximately $32,000. Flagship Wealth Advisors LLC purchased a new stake in Howmet Aerospace during the third quarter worth approximately $33,000. Finally, Laurel Wealth Advisors LLC purchased a new stake in Howmet Aerospace during the fourth quarter worth approximately $36,000. 90.46% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

HWM has been the subject of several research reports. Wall Street Zen upgraded shares of Howmet Aerospace from a “hold” rating to a “buy” rating in a research note on Sunday, January 18th. Weiss Ratings reiterated a “buy (b)” rating on shares of Howmet Aerospace in a research note on Tuesday, April 21st. Royal Bank Of Canada boosted their price objective on shares of Howmet Aerospace from $275.00 to $300.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 11th. BTIG Research boosted their price objective on shares of Howmet Aerospace from $275.00 to $300.00 and gave the stock a “buy” rating in a research note on Friday, May 8th. Finally, Wolfe Research set a $270.00 price objective on shares of Howmet Aerospace and gave the stock an “outperform” rating in a research note on Wednesday, March 11th. Eighteen equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, Howmet Aerospace currently has a consensus rating of “Moderate Buy” and a consensus target price of $283.84.

Get Our Latest Report on HWM

Howmet Aerospace Price Performance

Shares of HWM stock opened at $260.45 on Friday. The company has a market capitalization of $104.21 billion, a PE ratio of 60.43, a price-to-earnings-growth ratio of 2.17 and a beta of 1.19. The firm has a fifty day simple moving average of $246.96 and a 200-day simple moving average of $226.47. 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 twelve month low of $160.01 and a twelve month high of $280.74.

Howmet Aerospace (NYSE:HWMGet Free Report) last announced its earnings results on Thursday, May 7th. The company reported $1.22 earnings per share for the quarter, beating 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 net margin of 20.23% and a return on equity of 29.27%. The business’s quarterly revenue was up 19.1% compared to the same quarter last year. During the same period in the prior year, the firm 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. Equities research analysts anticipate that Howmet Aerospace Inc. will post 5.02 earnings per share for the current fiscal year.

Howmet Aerospace Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 26th. Stockholders of record on Friday, May 8th will be paid a $0.12 dividend. The ex-dividend date is Friday, May 8th. This represents a $0.48 annualized dividend and a dividend yield of 0.2%. Howmet Aerospace’s dividend payout ratio is 11.14%.

Insider Buying and Selling at Howmet Aerospace

In other news, EVP Neil Edward Marchuk sold 45,150 shares of the company’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $251.70, for a total value of $11,364,255.00. Following the completion of the transaction, the executive vice president directly owned 107,008 shares in the company, valued at approximately $26,933,913.60. This represents a 29.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Barbara Lou Shultz sold 1,000 shares of the company’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 transaction, the vice president owned 23,874 shares of the company’s stock, valued at $6,207,240. This trade represents a 4.02% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 88,082 shares of company stock valued at $22,924,929 over the last 90 days. Insiders own 0.85% of the company’s stock.

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.

See Also

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Institutional Ownership by Quarter for Howmet Aerospace (NYSE:HWM)

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