Principal Financial Group Inc. Acquires 16,632 Shares of Howmet Aerospace Inc. $HWM

Posted by Brian Himes on Jul 16th, 2026

Principal Financial Group Inc. increased its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM – Free Report) by 3.4% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 504,212 shares of the company’s stock after purchasing an additional 16,632 shares during the period. Principal Financial Group Inc.’s holdings in Howmet Aerospace were worth $116,201,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Chicago Partners Investment Group LLC boosted its stake in Howmet Aerospace by 12.8% during the 1st quarter. Chicago Partners Investment Group LLC now owns 6,578 shares of the company’s stock valued at $1,584,000 after purchasing an additional 747 shares during the period. IFC Advisors LLC bought a new position in Howmet Aerospace in the 1st quarter worth approximately $209,000. Diversify Wealth Management LLC acquired a new position in shares of Howmet Aerospace during the first quarter worth approximately $681,000. Valmark Advisers Inc. lifted its holdings in shares of Howmet Aerospace by 86.0% during the first quarter. Valmark Advisers Inc. now owns 1,962 shares of the company’s stock worth $452,000 after buying an additional 907 shares during the last quarter. Finally, Pittenger & Anderson Inc. boosted its position in shares of Howmet Aerospace by 1,100.0% in the first quarter. Pittenger & Anderson Inc. now owns 480 shares of the company’s stock valued at $111,000 after acquiring an additional 440 shares during the period. Institutional investors own 90.46% of the company’s stock.

Insider Activity

In other news, EVP Neil Edward Marchuk sold 41,932 shares of the firm’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $269.50, for a total transaction of $11,300,674.00. Following the completion of the transaction, the executive vice president directly 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 legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.85% of the company’s stock.

Howmet Aerospace Price Performance

Shares of NYSE:HWM opened at $278.91 on Thursday. The firm has a market capitalization of $111.59 billion, a PE ratio of 64.71, a PEG ratio of 2.17 and a beta of 1.19. 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 1-year low of $169.45 and a 1-year high of $290.63. The business’s 50 day moving average is $266.30 and its 200-day moving average is $246.07.

Howmet Aerospace (NYSE:HWM – Get Free Report) last issued its earnings results on Thursday, May 7th. The company reported $1.22 EPS for the quarter, beating 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%.Howmet Aerospace’s revenue was up 19.1% on a year-over-year basis. During the same period in the prior year, the company posted $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. Sell-side analysts predict that Howmet Aerospace Inc. will post 5.05 earnings per share for the current year.

Howmet Aerospace Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, May 26th. Stockholders of record on Friday, May 8th were paid a $0.12 dividend. The ex-dividend date 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 is currently 11.14%.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on HWM. Citigroup raised their price objective on shares of Howmet Aerospace from $303.00 to $311.00 and gave the stock a “buy” rating in a research note on Wednesday, July 1st. Weiss Ratings reissued a “buy (b)” rating on shares of Howmet Aerospace in a report on Tuesday, April 21st. Wells Fargo & Company assumed coverage on shares of Howmet Aerospace in a research report on Wednesday, April 1st. They issued an “equal weight” rating and a $240.00 price target on the stock. KeyCorp began coverage on shares of Howmet Aerospace in a report on Wednesday, March 25th. They set a “sector weight” rating on the stock. Finally, UBS Group upped their price objective on shares of Howmet Aerospace from $260.00 to $290.00 and gave the company a “neutral” rating in a research report on Friday, May 8th. Eighteen 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 presently has an average rating of “Moderate Buy” and an average price target of $293.21.

Read Our Latest Stock Report on HWM

About Howmet Aerospace

(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.