Russell Investments Group Ltd. Acquires 73,410 Shares of Howmet Aerospace Inc. $HWM

Key Points

• Russell Investments increased its stake in Howmet Aerospace by 26.6%, purchasing 73,410 shares to hold 349,459 shares worth about $68.55 million (≈0.09% ownership).
• Significant insider selling occurred recently: VP Barbara Lou Shultz sold 1,000 shares at $260 and EVP Neil Marchuk sold 45,150 shares at $251.70 (~$11.36M), leaving insiders with 1.12% ownership.
• Strong quarterly results and guidance: Howmet beat Q4 estimates with $1.05 EPS and set Q1 2026 guidance of $1.090–1.110 and FY2026 guidance of $4.350–4.550, while analysts hold a "Moderate Buy" consensus with a ~$252.95 target.

Russell Investments Group Ltd. grew its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 26.6% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 349,459 shares of the company's stock after purchasing an additional 73,410 shares during the period. Russell Investments Group Ltd. owned approximately 0.09% of Howmet Aerospace worth $68,545,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. Voya Investment Management LLC lifted its stake in shares of Howmet Aerospace by 9.1% in the third quarter. Voya Investment Management LLC now owns 1,247,220 shares of the company's stock worth $244,742,000 after buying an additional 104,207 shares in the last quarter. Nordea Investment Management AB raised its holdings 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 acquiring an additional 521,180 shares during the last quarter. GRIMES & Co WEALTH MANAGEMENT LLC bought a new position in Howmet Aerospace in the 3rd quarter valued at approximately $1,581,000. LBP AM SA boosted its stake in Howmet Aerospace by 18.0% during the 3rd quarter. LBP AM SA now owns 68,499 shares of the company's stock valued at $13,442,000 after purchasing an additional 10,460 shares during the last quarter. Finally, Greenup Street Wealth Management LLC increased its holdings in shares of Howmet Aerospace by 76.3% in the 3rd quarter. Greenup Street Wealth Management LLC now owns 20,972 shares of the company's stock worth $4,115,000 after purchasing an additional 9,078 shares in the last quarter. 90.46% of the stock is owned by institutional investors.

Insider Activity

In related news, VP Barbara Lou Shultz sold 1,000 shares of the business's 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 transaction, the vice president directly owned 23,874 shares of the company's stock, valued at approximately $6,207,240. The trade was a 4.02% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, 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 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 SEC filing for this sale provides additional information. Company insiders own 1.12% of the company's stock.

Howmet Aerospace Price Performance

NYSE HWM opened at $253.97 on Wednesday. Howmet Aerospace Inc. has a 12 month low of $105.04 and a 12 month high of $267.31. The stock has a market cap of $101.83 billion, a price-to-earnings ratio of 68.46, a PEG ratio of 2.36 and a beta of 1.21. The company's 50 day moving average is $231.06 and its two-hundred day moving average is $207.48. The company has a current ratio of 2.13, a quick ratio of 1.09 and a debt-to-equity ratio of 0.53.

Howmet Aerospace (NYSE:HWM - Get Free Report) last issued its quarterly earnings results on Thursday, February 12th. The company reported $1.05 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.97 by $0.08. The business had revenue of $2.17 billion during the quarter, compared to analyst estimates 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 prior year, the business posted $0.77 EPS. 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. As a group, research analysts anticipate that Howmet Aerospace Inc. will post 3.27 earnings per share for the current year.

Howmet Aerospace Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 25th. Investors of record on Friday, February 6th were given a dividend of $0.12 per share. The ex-dividend date was Friday, February 6th. This represents a $0.48 annualized dividend and a dividend yield of 0.2%. Howmet Aerospace's dividend payout ratio (DPR) is currently 12.94%.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the company. Morgan Stanley reaffirmed an "overweight" rating and set a $280.00 price target on shares of Howmet Aerospace in a report on Friday, February 13th. Truist Financial set a $258.00 target price on shares of Howmet Aerospace in a research note on Friday, January 9th. Bank of America lifted their price target on shares of Howmet Aerospace from $250.00 to $300.00 and gave the stock a "buy" rating in a research note on Friday, February 20th. Deutsche Bank Aktiengesellschaft set a $278.00 price objective on shares of Howmet Aerospace and gave the company a "buy" rating in a research report on Friday, February 13th. Finally, Sanford C. Bernstein reaffirmed an "outperform" rating and issued a $280.00 target price 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 assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $252.95.

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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