Howmet Aerospace Inc. $HWM Shares Acquired by Patton Fund Management Inc.

Key Points

• Patton Fund Management increased its stake in Howmet Aerospace by 63.2% in Q4, adding 11,635 shares to hold 30,035 shares valued at about $6.16 million, while institutional investors own roughly 90.46% of the stock.
• Howmet beat Q4 estimates with $1.05 EPS versus $0.97 expected and $2.17B revenue, and set guidance of Q1 2026: 1.090–1.110 EPS and FY2026: 4.350–4.550 EPS.
• The consensus analyst view is a "Moderate Buy" with an average price target of $260.30 (1 Strong Buy, 18 Buy, 4 Hold), reflecting generally favorable analyst sentiment.

Patton Fund Management Inc. raised its stake in shares of Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 63.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 30,035 shares of the company's stock after acquiring an additional 11,635 shares during the period. Patton Fund Management Inc.'s holdings in Howmet Aerospace were worth $6,158,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in HWM. Invesco Ltd. increased its position in shares of Howmet Aerospace by 12.2% during the third quarter. Invesco Ltd. now owns 7,367,438 shares of the company's stock valued at $1,445,712,000 after acquiring an additional 801,093 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Howmet Aerospace by 1.4% during the third quarter. Vanguard Group Inc. now owns 49,139,989 shares of the company's stock valued at $9,642,740,000 after acquiring an additional 664,595 shares during the last quarter. Federated Hermes Inc. increased its position in shares of Howmet Aerospace by 140.7% during the third quarter. Federated Hermes Inc. now owns 1,073,305 shares of the company's stock valued at $210,615,000 after acquiring an additional 627,397 shares during the last quarter. Nordea Investment Management AB increased its position in shares of Howmet Aerospace by 59.2% during the third quarter. Nordea Investment Management AB now owns 1,401,335 shares of the company's stock valued at $273,288,000 after acquiring an additional 521,180 shares during the last quarter. Finally, Franklin Resources Inc. increased its position in shares of Howmet Aerospace by 116.7% during the third quarter. Franklin Resources Inc. now owns 917,241 shares of the company's stock valued at $179,990,000 after acquiring an additional 493,872 shares during the last quarter. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have recently commented on HWM. Citigroup lowered their price objective on shares of Howmet Aerospace from $283.00 to $271.00 and set a "buy" rating for the company in a research note on Thursday, April 2nd. Morgan Stanley reiterated an "overweight" rating and issued a $280.00 price target on shares of Howmet Aerospace in a research note on Friday, February 13th. UBS Group lifted their price target on shares of Howmet Aerospace from $228.00 to $260.00 and gave the stock a "neutral" rating in a research note on Tuesday, February 17th. Wolfe Research set a $270.00 price target on shares of Howmet Aerospace and gave the stock an "outperform" rating in a research note on Wednesday, March 11th. Finally, Jefferies Financial Group reiterated a "buy" rating and issued a $315.00 price target on shares of Howmet Aerospace in a research note on Sunday, February 15th. One research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and four have issued a Hold rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $260.30.

Insider Activity at Howmet Aerospace

In other news, VP Barbara Lou Shultz sold 1,000 shares of the business's stock in a transaction that occurred 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 sale, the vice president owned 23,874 shares in the company, valued at approximately $6,207,240. The trade was a 4.02% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Neil Edward Marchuk sold 45,150 shares of the business's stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $251.70, for a total transaction of $11,364,255.00. Following the sale, the executive vice president owned 107,008 shares of the company's stock, valued at $26,933,913.60. This represents a 29.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.04% of the stock is currently owned by insiders.

Howmet Aerospace Stock Up 1.2%

Shares of NYSE:HWM opened at $255.69 on Tuesday. The company has a market capitalization of $102.46 billion, a PE ratio of 68.92, a P/E/G ratio of 2.33 and a beta of 1.24. The company has a current ratio of 2.13, a quick ratio of 1.09 and a debt-to-equity ratio of 0.53. Howmet Aerospace Inc. has a twelve month low of $118.09 and a twelve month high of $267.31. The firm has a 50 day simple moving average of $242.43 and a 200-day simple moving average of $217.06.

Howmet Aerospace (NYSE:HWM - Get Free Report) last issued its quarterly earnings data on Thursday, February 12th. The company reported $1.05 earnings per share for the quarter, topping the consensus estimate of $0.97 by $0.08. The business had revenue of $2.17 billion during the quarter, compared to the consensus estimate of $2.12 billion. Howmet Aerospace had a net margin of 18.27% and a return on equity of 30.41%. The company's revenue was up 14.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.77 EPS. Howmet Aerospace has set its Q1 2026 guidance at 1.090-1.110 EPS and its FY 2026 guidance at 4.350-4.550 EPS. On average, equities analysts predict that Howmet Aerospace Inc. will post 3.27 EPS for the current fiscal year.

Howmet Aerospace Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 25th. Stockholders of record on Friday, February 6th were given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Friday, February 6th. Howmet Aerospace's payout ratio is currently 12.94%.

Howmet Aerospace Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.