M&T Bank Corp Sells 4,625 Shares of Howmet Aerospace Inc. $HWM

M&T Bank Corp trimmed its position in Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 18.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,933 shares of the company's stock after selling 4,625 shares during the quarter. M&T Bank Corp's holdings in Howmet Aerospace were worth $4,087,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Nordea Investment Management AB boosted its stake in Howmet Aerospace by 59.2% in the 3rd quarter. Nordea Investment Management AB now owns 1,401,335 shares of the company's stock worth $273,288,000 after purchasing an additional 521,180 shares during the period. Silverleafe Capital Partners LLC raised its position in shares of Howmet Aerospace by 339.3% during the fourth quarter. Silverleafe Capital Partners LLC now owns 5,847 shares of the company's stock valued at $1,199,000 after buying an additional 4,516 shares during the last quarter. GRIMES & Co WEALTH MANAGEMENT LLC purchased a new position in shares of Howmet Aerospace in the third quarter worth $1,581,000. LBP AM SA lifted its holdings in shares of Howmet Aerospace by 18.0% in the third quarter. LBP AM SA now owns 68,499 shares of the company's stock worth $13,442,000 after buying an additional 10,460 shares in the last quarter. Finally, Stratos Wealth Partners LTD. boosted its position in shares of Howmet Aerospace by 20.3% during the third quarter. Stratos Wealth Partners LTD. now owns 153,889 shares of the company's stock worth $30,198,000 after acquiring an additional 25,957 shares during the last quarter. Institutional investors own 90.46% of the company's stock.

Howmet Aerospace Trading Up 0.1%

Shares of HWM opened at $242.57 on Monday. The stock has a market capitalization of $97.20 billion, a PE ratio of 65.38, a P/E/G ratio of 2.24 and a beta of 1.24. The company's fifty day moving average is $246.78 and its 200 day moving average is $220.70. 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 Inc. has a fifty-two week low of $133.74 and a fifty-two week high of $267.31.

Howmet Aerospace (NYSE:HWM - Get Free Report) last issued 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 net margin of 18.27% and a return on equity of 30.41%. The business had revenue of $2.17 billion during the quarter, compared to analysts' expectations of $2.12 billion. During the same period last year, the company posted $0.77 EPS. The business's revenue was up 14.6% on a year-over-year basis. 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. Sell-side analysts expect that Howmet Aerospace Inc. will post 4.57 earnings per share for the current fiscal year.

Howmet Aerospace Announces Dividend

The business also recently declared 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. The ex-dividend date is Friday, May 8th. This represents a $0.48 annualized dividend and a yield of 0.2%. Howmet Aerospace's dividend payout ratio (DPR) is currently 12.94%.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. BTIG Research reaffirmed a "buy" rating and set a $275.00 target price on shares of Howmet Aerospace in a research note on Tuesday, March 17th. Wall Street Zen upgraded shares of Howmet Aerospace from a "hold" rating to a "buy" rating in a research note on Sunday, January 18th. Bank of America raised their price objective on Howmet Aerospace from $250.00 to $300.00 and gave the company a "buy" rating in a research report on Friday, February 20th. Sanford C. Bernstein reaffirmed an "outperform" rating and issued a $280.00 target price on shares of Howmet Aerospace in a report on Tuesday, February 17th. Finally, JPMorgan Chase & Co. boosted their target price on Howmet Aerospace from $227.00 to $265.00 and gave the stock an "overweight" rating in a research report on Thursday, February 19th. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, Howmet Aerospace has an average rating of "Moderate Buy" and a consensus price target of $266.89.

Insider Activity at Howmet Aerospace

In other Howmet Aerospace news, EVP Neil Edward Marchuk sold 45,150 shares of the company'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 directly owned 107,008 shares in the company, valued at $26,933,913.60. This represents a 29.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, VP Barbara Lou Shultz sold 1,000 shares of the company'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 value of $260,000.00. Following the sale, 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.85% of the company's stock.

About Howmet Aerospace

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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