Kornitzer Capital Management Inc. KS Buys 5,625 Shares of Howmet Aerospace Inc. $HWM

Key Points

• Kornitzer Capital Management increased its stake in Howmet Aerospace by 18.3%, buying 5,625 shares to hold 36,425 shares valued at about $7.468 million after the quarter.
• Howmet reported a Q4 EPS beat ($1.05 vs. $0.97) and $2.17 billion in revenue (up 14.6% Y/Y), set Q1 2026 guidance of 1.09–1.11 EPS and FY 2026 guidance of 4.35–4.55 EPS, and announced a $0.12 quarterly dividend ($0.48 annual, ~0.2% yield).
• The stock has a consensus rating of "Moderate Buy" with an average target of $266.89 amid multiple price-target raises, while insiders have been selling (EVP Neil Marchuk sold 45,150 shares for ~$11.36M) and institutional ownership stands at ~90.46%.

Kornitzer Capital Management Inc. KS grew its stake in shares of Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 18.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 36,425 shares of the company's stock after buying an additional 5,625 shares during the period. Kornitzer Capital Management Inc. KS's holdings in Howmet Aerospace were worth $7,468,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Newbridge Financial Services Group Inc. lifted its holdings in shares of Howmet Aerospace by 119.7% during the 2nd 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 in the last quarter. Sound Income Strategies LLC lifted its holdings in shares of Howmet Aerospace by 66.7% during the 4th quarter. Sound Income Strategies LLC now owns 125 shares of the company's stock valued at $28,000 after purchasing an additional 50 shares in the last quarter. Tradewinds Capital Management LLC lifted its holdings in shares of Howmet Aerospace by 52.0% during the 3rd quarter. Tradewinds Capital Management LLC now owns 152 shares of the company's stock valued at $30,000 after purchasing an additional 52 shares in the last quarter. Manning & Napier Advisors LLC bought a new position in shares of Howmet Aerospace during the 3rd quarter valued at about $32,000. Finally, Flagship Wealth Advisors LLC bought a new position in shares of Howmet Aerospace during the 3rd quarter valued at about $33,000. Institutional investors own 90.46% of the company's stock.

Analyst Upgrades and Downgrades

HWM has been the topic of several recent analyst reports. UBS Group lifted their price objective on Howmet Aerospace from $228.00 to $260.00 and gave the company a "neutral" rating in a report on Tuesday, February 17th. Deutsche Bank Aktiengesellschaft set a $278.00 price objective on Howmet Aerospace and gave the company a "buy" rating in a report on Friday, February 13th. Susquehanna lifted their price objective on Howmet Aerospace from $255.00 to $290.00 and gave the company a "positive" rating in a report on Friday, February 13th. Jefferies Financial Group reiterated a "buy" rating and set a $315.00 price objective on shares of Howmet Aerospace in a report on Sunday, February 15th. Finally, Bank of America lifted their price objective on Howmet Aerospace from $250.00 to $300.00 and gave the company a "buy" rating in a report on Friday, February 20th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and four have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Howmet Aerospace currently has a consensus rating of "Moderate Buy" and an average target price of $266.89.

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 value of $260,000.00. Following the sale, the vice president owned 23,874 shares of the company's stock, valued at approximately $6,207,240. This trade represents 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 hyperlink. Also, EVP Neil Edward Marchuk sold 45,150 shares of Howmet Aerospace stock in a transaction that occurred 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 sale, 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 position. Additional details regarding this sale are available in the official SEC disclosure. 0.85% of the stock is currently owned by company insiders.

Howmet Aerospace Stock Down 1.4%

Shares of Howmet Aerospace stock opened at $239.74 on Friday. The business's 50 day simple moving average is $245.96 and its 200 day simple moving average is $221.73. Howmet Aerospace Inc. has a 52-week low of $150.21 and a 52-week high of $267.31. The firm has a market cap of $96.07 billion, a PE ratio of 64.62, a P/E/G ratio of 2.24 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.

Howmet Aerospace (NYSE:HWM - Get Free Report) last announced its earnings results on Thursday, February 12th. The company reported $1.05 earnings per share (EPS) for the quarter, beating 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 business had revenue of $2.17 billion for the quarter, compared to analyst estimates of $2.12 billion. During the same quarter last year, the firm earned $0.77 EPS. Howmet Aerospace's revenue for the quarter 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, analysts predict that Howmet Aerospace Inc. will post 4.57 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. Investors of record on Friday, May 8th will be given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Friday, May 8th. Howmet Aerospace's dividend payout ratio (DPR) 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.

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