Howmet Aerospace Inc. $HWM Shares Bought by BI Asset Management Fondsmaeglerselskab A S

Key Points

• BI Asset Management Fondsmaeglerselskab A S increased its stake in Howmet Aerospace by 28.4% in the first quarter, ending with 49,159 shares valued at about $11.3 million.
• Analysts remain broadly bullish on HWM, with 18 Buy ratings and 4 Hold ratings; the stock currently carries a consensus Moderate Buy rating and an average price target of $287.53.
• Howmet posted strong quarterly results, beating EPS and revenue estimates, while an executive also sold shares in a notable insider transaction; the company also declared a quarterly dividend of $0.12 per share.

BI Asset Management Fondsmaeglerselskab A S increased its holdings in Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 28.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 49,159 shares of the company's stock after purchasing an additional 10,868 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S's holdings in Howmet Aerospace were worth $11,329,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. Silverleafe Capital Partners LLC lifted its position in shares of Howmet Aerospace by 339.3% in the 4th quarter. Silverleafe Capital Partners LLC now owns 5,847 shares of the company's stock valued at $1,199,000 after acquiring an additional 4,516 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH boosted its stake in Howmet Aerospace by 8.2% in the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 475,814 shares of the company's stock worth $96,916,000 after purchasing an additional 36,195 shares during the period. M&T Bank Corp grew its position in Howmet Aerospace by 75.0% during the 4th quarter. M&T Bank Corp now owns 42,975 shares of the company's stock worth $8,810,000 after purchasing an additional 18,417 shares in the last quarter. Munich Reinsurance Co Stock Corp in Munich purchased a new position in Howmet Aerospace during the 3rd quarter worth approximately $33,583,000. Finally, Asset Management One Co. Ltd. raised its stake in Howmet Aerospace by 4.0% during the 4th quarter. Asset Management One Co. Ltd. now owns 194,734 shares of the company's stock valued at $40,777,000 after purchasing an additional 7,508 shares during the period. 90.46% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

HWM has been the subject of a number of research analyst reports. Jefferies Financial Group restated a "buy" rating and issued a $320.00 target price on shares of Howmet Aerospace in a report on Sunday, May 10th. Morgan Stanley reiterated an "overweight" rating and set a $315.00 price target on shares of Howmet Aerospace in a report on Friday, May 8th. KeyCorp started coverage on Howmet Aerospace in a research report on Wednesday, March 25th. They set a "sector weight" rating on the stock. JPMorgan Chase & Co. increased their price objective on Howmet Aerospace from $265.00 to $310.00 and gave the stock an "overweight" rating in a research note on Monday, May 11th. Finally, Truist Financial set a $280.00 price objective on Howmet Aerospace in a research report on Wednesday, March 11th. Eighteen research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $287.53.

Insider Activity at Howmet Aerospace

In other news, EVP Neil Edward Marchuk sold 41,932 shares of the stock in a transaction on 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 transaction, 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 position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.85% of the stock is currently owned by company insiders.

Howmet Aerospace Trading Up 0.2%

NYSE HWM opened at $278.25 on Monday. 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 $169.06 and a 1-year high of $290.63. The firm's fifty day simple moving average is $257.48 and its 200-day simple moving average is $236.65. The company has a market capitalization of $111.33 billion, a PE ratio of 64.56, a price-to-earnings-growth ratio of 2.20 and a beta of 1.19.

Howmet Aerospace (NYSE:HWM - Get Free Report) last posted its quarterly earnings results on Thursday, May 7th. The company reported $1.22 earnings per share for the quarter, topping analysts' consensus estimates of $1.11 by $0.11. Howmet Aerospace had a return on equity of 29.27% and a net margin of 20.23%.The company had revenue of $2.31 billion during the quarter, compared to the consensus estimate of $2.24 billion. During the same period last year, the business earned $0.86 EPS. The business's quarterly revenue was up 19.1% on a year-over-year basis. 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, sell-side analysts anticipate that Howmet Aerospace Inc. will post 5.04 earnings per share for the current fiscal year.

Howmet Aerospace Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 26th. Shareholders of record on Friday, May 8th were given a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Friday, May 8th. Howmet Aerospace's payout ratio is currently 11.14%.

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.

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