Teacher Retirement System of Texas Buys 9,728 Shares of Howmet Aerospace Inc. $HWM

Key Points

• Teacher Retirement System of Texas increased its stake in Howmet Aerospace by 16.4%, buying 9,728 shares to hold 68,905 shares valued at about $14.13 million.
• Significant insider selling occurred: EVP Neil Marchuk sold 45,150 shares for about $11.36 million (a ~29.7% reduction in his position), and insiders now own roughly 1.04% of the stock.
• Howmet beat quarterly estimates and raised guidance—Q4 EPS $1.05 vs. $0.97 expected, revenue $2.17B—and declared a quarterly dividend of $0.12 ($0.48 annualized), while institutional ownership sits at about 90.46%.

Teacher Retirement System of Texas boosted its stake in Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 16.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 68,905 shares of the company's stock after acquiring an additional 9,728 shares during the period. Teacher Retirement System of Texas' holdings in Howmet Aerospace were worth $14,127,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the stock. HB Wealth Management LLC boosted its holdings in Howmet Aerospace by 9.3% in the fourth quarter. HB Wealth Management LLC now owns 10,342 shares of the company's stock valued at $2,120,000 after acquiring an additional 884 shares in the last quarter. Grant Street Asset Management Inc. boosted its holdings in Howmet Aerospace by 2.5% in the fourth quarter. Grant Street Asset Management Inc. now owns 2,367 shares of the company's stock valued at $485,000 after acquiring an additional 58 shares in the last quarter. Caprock Group LLC boosted its holdings in Howmet Aerospace by 13.5% in the fourth quarter. Caprock Group LLC now owns 17,338 shares of the company's stock valued at $3,555,000 after acquiring an additional 2,061 shares in the last quarter. Alphinity Investment Management Pty Ltd bought a new stake in Howmet Aerospace in the fourth quarter valued at $5,301,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH boosted its holdings in Howmet Aerospace by 8.2% in the fourth quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 475,814 shares of the company's stock valued at $96,916,000 after acquiring an additional 36,195 shares in the last quarter. Institutional investors own 90.46% of the company's stock.

Insider Activity

In other news, EVP Neil Edward Marchuk sold 45,150 shares of Howmet Aerospace 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Barbara Lou Shultz sold 1,000 shares of the business's stock in a transaction dated Thursday, February 26th. The stock was 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. Additional details regarding this sale are available in the official SEC disclosure. 1.04% of the stock is owned by insiders.

Howmet Aerospace Stock Performance

Shares of HWM stock opened at $242.57 on Friday. Howmet Aerospace Inc. has a 12 month low of $133.74 and a 12 month high of $267.31. The stock has a market cap of $97.20 billion, a PE ratio of 65.38, a price-to-earnings-growth ratio of 2.27 and a beta of 1.24. The company has a current ratio of 2.13, a quick ratio of 1.09 and a debt-to-equity ratio of 0.53. The company's fifty day moving average price is $246.78 and its 200-day moving average price is $220.29.

Howmet Aerospace (NYSE:HWM - Get Free Report) last posted its quarterly earnings results on Thursday, February 12th. The company reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.97 by $0.08. The firm 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 quarterly revenue was up 14.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $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. On average, equities analysts expect 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. Stockholders of record on Friday, May 8th will be given a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Friday, May 8th. Howmet Aerospace's payout ratio is currently 12.94%.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on HWM. Deutsche Bank Aktiengesellschaft set a $278.00 price target on shares of Howmet Aerospace and gave the company a "buy" rating in a report on Friday, February 13th. Weiss Ratings reiterated a "buy (b)" rating on shares of Howmet Aerospace in a report on Tuesday. Susquehanna lifted their price target on shares of Howmet Aerospace from $255.00 to $290.00 and gave the company a "positive" rating in a report on Friday, February 13th. Morgan Stanley restated an "overweight" rating and set a $280.00 target price on shares of Howmet Aerospace in a report on Friday, February 13th. Finally, Citigroup dropped their target price on shares of Howmet Aerospace from $283.00 to $271.00 and set a "buy" rating on the stock in a report on Thursday, April 2nd. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $266.89.

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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