Navellier & Associates Inc. Reduces Position in Howmet Aerospace Inc. $HWM

Key Points

• Navellier & Associates trimmed its Q4 position in Howmet by 5.8% to 73,608 shares (worth $15.09M), making HWM its 10th-largest holding at about 1.7% of the fund.
• Large institutions — including Vanguard, State Street, Bank of America, Invesco and Ameriprise — have increased stakes, leaving institutional ownership at roughly 90.46%.
• Analysts are broadly positive (17 Buys, 4 Holds; average rating "Moderate Buy" with a mean target of $266.89 and highs up to $315), and Howmet recently beat Q4 EPS/revenue and set FY2026 guidance of $4.35–$4.55.

Navellier & Associates Inc. decreased its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 5.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 73,608 shares of the company's stock after selling 4,566 shares during the quarter. Howmet Aerospace makes up 1.7% of Navellier & Associates Inc.'s holdings, making the stock its 10th biggest position. Navellier & Associates Inc.'s holdings in Howmet Aerospace were worth $15,091,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. Vanguard Group Inc. lifted its holdings in Howmet Aerospace by 1.4% during the 3rd quarter. Vanguard Group Inc. now owns 49,139,989 shares of the company's stock valued at $9,642,740,000 after purchasing an additional 664,595 shares during the last quarter. State Street Corp lifted its holdings in Howmet Aerospace by 1.6% during the 3rd quarter. State Street Corp now owns 17,964,662 shares of the company's stock valued at $3,525,206,000 after purchasing an additional 278,587 shares during the last quarter. Bank of America Corp DE lifted its holdings in Howmet Aerospace by 2.4% during the 3rd quarter. Bank of America Corp DE now owns 10,877,771 shares of the company's stock valued at $2,134,545,000 after purchasing an additional 255,419 shares during the last quarter. Invesco Ltd. lifted its holdings in Howmet Aerospace by 12.2% during the 3rd quarter. Invesco Ltd. now owns 7,367,438 shares of the company's stock valued at $1,445,712,000 after purchasing an additional 801,093 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its holdings in Howmet Aerospace by 4.3% during the 3rd quarter. Ameriprise Financial Inc. now owns 3,595,587 shares of the company's stock valued at $705,565,000 after purchasing an additional 147,523 shares during the last quarter. Institutional investors and hedge funds own 90.46% of the company's stock.

Wall Street Analyst Weigh In

HWM has been the subject of several research reports. Wall Street Zen raised Howmet Aerospace from a "hold" rating to a "buy" rating in a report on Sunday, January 18th. BTIG Research reaffirmed a "buy" rating and set a $275.00 price target on shares of Howmet Aerospace in a report on Tuesday, March 17th. KeyCorp initiated coverage on Howmet Aerospace in a report on Wednesday, March 25th. They set a "sector weight" rating for the company. Bank of America raised their price target on Howmet Aerospace from $250.00 to $300.00 and gave the company a "buy" rating in a report on Friday, February 20th. Finally, Jefferies Financial Group reaffirmed a "buy" rating and set a $315.00 price target on shares of Howmet Aerospace in a report on Sunday, February 15th. One investment 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 stock. Based on data from MarketBeat.com, Howmet Aerospace currently has an average rating of "Moderate Buy" and an average target price of $266.89.

Insider Transactions at Howmet Aerospace

In related news, EVP Neil Edward Marchuk sold 45,150 shares of the business's stock in a transaction dated 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 completion of the transaction, the executive vice president owned 107,008 shares of the company's stock, valued at $26,933,913.60. The trade was a 29.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Barbara Lou Shultz sold 1,000 shares of the business's stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $260.00, for a total value of $260,000.00. Following the completion of the transaction, the vice president directly 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 SEC filing for this sale provides additional information. 0.85% of the stock is owned by insiders.

Howmet Aerospace Stock Up 1.3%

HWM stock opened at $242.83 on Wednesday. The company has a market cap of $97.30 billion, a PE ratio of 65.45, a price-to-earnings-growth ratio of 2.21 and a beta of 1.19. The business has a 50-day simple moving average of $245.65 and a 200 day simple moving average of $222.51. Howmet Aerospace Inc. has a 52 week low of $150.63 and a 52 week high of $267.31. The company has a quick ratio of 1.09, a current ratio of 2.13 and a debt-to-equity ratio of 0.53.

Howmet Aerospace (NYSE:HWM - Get Free Report) last posted its quarterly earnings results on Thursday, February 12th. The company reported $1.05 EPS for the quarter, beating analysts' consensus estimates 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 return on equity of 30.41% and a net margin of 18.27%.Howmet Aerospace's revenue for the quarter was up 14.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.77 earnings per share. 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 anticipate that Howmet Aerospace Inc. will post 4.57 EPS for the current fiscal year.

Howmet Aerospace Dividend Announcement

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 paid 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 payout ratio is 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.

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.