Sumitomo Mitsui Trust Group Inc. Sells 33,211 Shares of Howmet Aerospace Inc. $HWM

Key Points

• Sumitomo Mitsui Trust Group trimmed its stake in Howmet by 3.4%, selling 33,211 shares and now holds 943,884 shares (about 0.23%) valued at roughly $193.5 million.
• Company insiders also sold shares: EVP Neil Marchuk offloaded 45,150 shares for about $11.36 million (a 29.67% reduction in his position) and VP Barbara Shultz sold 1,000 shares.
• Howmet beat quarterly estimates (EPS $1.05 vs $0.97; revenue $2.17B vs $2.12B), provided FY2026 EPS guidance of 4.350–4.550, and carries an average analyst rating of "Moderate Buy" with a $260.30 price target.

Sumitomo Mitsui Trust Group Inc. cut its position in shares of Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 3.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 943,884 shares of the company's stock after selling 33,211 shares during the period. Sumitomo Mitsui Trust Group Inc. owned approximately 0.23% of Howmet Aerospace worth $193,515,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Sound Income Strategies LLC boosted its stake in Howmet Aerospace by 66.7% during the fourth quarter. Sound Income Strategies LLC now owns 125 shares of the company's stock valued at $28,000 after buying an additional 50 shares during the last quarter. Newbridge Financial Services Group Inc. boosted its stake in Howmet Aerospace by 119.7% during the second quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company's stock valued at $25,000 after buying an additional 73 shares during the last quarter. Tradewinds Capital Management LLC boosted its stake in Howmet Aerospace by 52.0% during the third quarter. Tradewinds Capital Management LLC now owns 152 shares of the company's stock valued at $30,000 after buying an additional 52 shares during the last quarter. Manning & Napier Advisors LLC bought a new stake in shares of Howmet Aerospace in the 3rd quarter valued at approximately $32,000. Finally, Flagship Wealth Advisors LLC bought a new stake in shares of Howmet Aerospace in the 3rd quarter valued at approximately $33,000. 90.46% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on HWM. Wells Fargo & Company began coverage on Howmet Aerospace in a research note on Wednesday, April 1st. They issued an "equal weight" rating and a $240.00 price objective for the company. Jefferies Financial Group reaffirmed a "buy" rating and issued a $315.00 price objective on shares of Howmet Aerospace in a research note on Sunday, February 15th. Wall Street Zen upgraded Howmet Aerospace from a "hold" rating to a "buy" rating in a report on Sunday, January 18th. JPMorgan Chase & Co. increased their price target on Howmet Aerospace from $227.00 to $265.00 and gave the stock an "overweight" rating in a report on Thursday, February 19th. Finally, UBS Group increased their price target on Howmet Aerospace from $228.00 to $260.00 and gave the stock a "neutral" rating in a report on Tuesday, February 17th. One analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, Howmet Aerospace currently has an average rating of "Moderate Buy" and an average price target of $260.30.

Insider Buying and Selling at Howmet Aerospace

In other Howmet Aerospace news, EVP Neil Edward Marchuk sold 45,150 shares of the firm's stock in a transaction 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 transaction, the executive vice president directly owned 107,008 shares in the company, valued at $26,933,913.60. This trade represents a 29.67% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP Barbara Lou Shultz sold 1,000 shares of the firm's stock in a transaction 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 owned 23,874 shares in the company, valued at $6,207,240. The trade was a 4.02% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 1.12% of the company's stock.

Howmet Aerospace Trading Up 0.0%

Shares of NYSE HWM opened at $252.68 on Monday. 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 $241.47 and its 200-day moving average price is $216.59. Howmet Aerospace Inc. has a fifty-two week low of $118.09 and a fifty-two week high of $267.31. The company has a market cap of $101.25 billion, a price-to-earnings ratio of 68.11, a PEG ratio of 2.33 and a beta of 1.24.

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 for the quarter, topping the consensus estimate 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 period in the prior year, the business posted $0.77 earnings per share. The company's revenue for the quarter 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. On average, sell-side analysts expect that Howmet Aerospace Inc. will post 3.27 earnings per share for the current year.

Howmet Aerospace Dividend Announcement

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