Howmet Aerospace Inc. $HWM Shares Purchased by M&T Bank Corp

Key Points

• M&T Bank Corp raised its stake in Howmet Aerospace by 75% in Q4, adding 18,417 shares to hold 42,975 shares worth about $8.81 million, according to its latest 13F filing.
• Institutional investors dominate ownership of HWM (about 90.46%), with major holders like Vanguard (49.14M shares) and Invesco (7.37M shares) recently increasing positions.
• Insiders trimmed positions: EVP Neil Edward Marchuk sold 45,150 shares for roughly $11.36 million and VP Barbara Lou Shultz sold 1,000 shares, leaving insiders with only 0.85% ownership.

M&T Bank Corp increased its stake in shares of Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 75.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 42,975 shares of the company's stock after acquiring an additional 18,417 shares during the period. M&T Bank Corp's holdings in Howmet Aerospace were worth $8,810,000 as of its most recent filing with the Securities & Exchange Commission.

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

Insider Buying and Selling

In related news, VP Barbara Lou Shultz sold 1,000 shares of Howmet Aerospace stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $260.00, for a total transaction of $260,000.00. Following the transaction, the vice president owned 23,874 shares in the company, valued at approximately $6,207,240. This trade represents a 4.02% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Neil Edward Marchuk sold 45,150 shares of Howmet Aerospace stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $251.70, for a total value of $11,364,255.00. Following the transaction, the executive vice president owned 107,008 shares in the company, valued at approximately $26,933,913.60. The trade was a 29.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.85% of the company's stock.

Analysts Set New Price Targets

Several brokerages recently weighed in on HWM. The Goldman Sachs Group set a $228.00 price target on Howmet Aerospace in a research note on Tuesday, February 17th. Morgan Stanley restated an "overweight" rating and issued a $280.00 price objective on shares of Howmet Aerospace in a research report on Friday, February 13th. Susquehanna boosted their price objective on Howmet Aerospace from $255.00 to $290.00 and gave the company a "positive" rating in a research report on Friday, February 13th. Jefferies Financial Group restated a "buy" rating and issued a $315.00 price objective on shares of Howmet Aerospace in a research report on Sunday, February 15th. Finally, Sanford C. Bernstein restated an "outperform" rating and issued a $280.00 price objective on shares of Howmet Aerospace in a research report on Tuesday, February 17th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $266.89.

Howmet Aerospace Stock Performance

Shares of Howmet Aerospace stock opened at $242.83 on Wednesday. Howmet Aerospace Inc. has a one year low of $150.63 and a one year high of $267.31. The company has a market cap of $97.30 billion, a price-to-earnings ratio of 65.45, a PEG ratio of 2.21 and a beta of 1.19. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.09 and a current ratio of 2.13. The business's 50 day moving average price is $245.65 and its 200 day moving average price is $222.51.

Howmet Aerospace (NYSE:HWM - Get Free Report) last announced its quarterly earnings data on Thursday, February 12th. The company reported $1.05 EPS for the quarter, topping analysts' consensus estimates of $0.97 by $0.08. Howmet Aerospace had a return on equity of 30.41% and a net margin of 18.27%.The firm had revenue of $2.17 billion for the quarter, compared to the consensus estimate of $2.12 billion. During the same quarter last year, the business posted $0.77 earnings per share. The firm's revenue was up 14.6% compared to the same quarter last year. 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, research analysts predict that Howmet Aerospace Inc. will post 4.57 EPS for the current year.

Howmet Aerospace Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 26th. Investors of record on Friday, May 8th will be given a dividend of $0.12 per share. The ex-dividend date is Friday, May 8th. This represents a $0.48 dividend on an annualized basis and a yield of 0.2%. Howmet Aerospace's dividend payout ratio (DPR) is presently 12.94%.

Howmet Aerospace Company 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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