Key Points
- Howmet Aerospace EVP Neil Edward Marchuk sold 41,932 shares on May 11 at an average price of $269.50, for proceeds of about $11.3 million. The sale reduced his direct holdings by 39.18% to 65,105 shares.
- The company reported strong quarterly results, with earnings of $1.22 per share versus $1.11 expected and revenue of $2.31 billion, up 19.1% year over year. Howmet also issued FY 2026 EPS guidance of $4.88 to $5.00.
- Wall Street remains upbeat on HWM, with 18 Buy ratings and 4 Hold ratings and a consensus price target of $283.84. Several firms recently raised targets, including JPMorgan, Bank of America, and BNP Paribas Exane.
Howmet Aerospace Inc. (NYSE:HWM - Get Free Report) EVP Neil Edward Marchuk sold 41,932 shares of the firm's stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $269.50, for a total transaction of $11,300,674.00. Following the completion of the transaction, the executive vice president directly owned 65,105 shares in the company, valued at approximately $17,545,797.50. The trade was a 39.18% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Neil Edward Marchuk also recently made the following trade(s):
- On Wednesday, February 18th, Neil Edward Marchuk sold 45,150 shares of Howmet Aerospace stock. The stock was sold at an average price of $251.70, for a total transaction of $11,364,255.00.
Howmet Aerospace Stock Performance
HWM opened at $270.01 on Wednesday. The company has a current ratio of 2.44, a quick ratio of 1.59 and a debt-to-equity ratio of 0.73. The company has a market cap of $108.03 billion, a price-to-earnings ratio of 62.65, a PEG ratio of 2.31 and a beta of 1.19. The company's 50 day moving average is $246.53 and its 200 day moving average is $225.20. Howmet Aerospace Inc. has a 12-month low of $155.22 and a 12-month high of $280.74.
Howmet Aerospace (NYSE:HWM - Get Free Report) last issued its quarterly earnings results on Thursday, May 7th. The company reported $1.22 earnings per share for the quarter, beating the consensus estimate of $1.11 by $0.11. Howmet Aerospace had a net margin of 20.23% and a return on equity of 29.27%. The business had revenue of $2.31 billion for the quarter, compared to the consensus estimate of $2.24 billion. During the same quarter in the previous year, the firm earned $0.86 earnings per share. The company's revenue for the quarter was up 19.1% on a year-over-year basis. Howmet Aerospace has set its FY 2026 guidance at 4.880-5.000 EPS and its Q2 2026 guidance at 1.220-1.240 EPS. On average, equities research analysts predict that Howmet Aerospace Inc. will post 4.99 EPS for the current year.
Howmet Aerospace Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 26th. Shareholders 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 is Friday, May 8th. Howmet Aerospace's dividend payout ratio is presently 11.14%.
Wall Street Analysts Forecast Growth
Several brokerages have recently commented on HWM. Jefferies Financial Group restated a "buy" rating and issued a $320.00 price objective on shares of Howmet Aerospace in a research report on Sunday. The Goldman Sachs Group set a $228.00 price objective on Howmet Aerospace in a research report on Tuesday, February 17th. JPMorgan Chase & Co. boosted their price objective on Howmet Aerospace from $265.00 to $310.00 and gave the company an "overweight" rating in a research report on Monday. Bank of America boosted their target price on shares of Howmet Aerospace from $250.00 to $300.00 and gave the stock a "buy" rating in a report on Friday, February 20th. Finally, BNP Paribas Exane reissued an "outperform" rating and issued a $340.00 target price (up from $265.00) on shares of Howmet Aerospace in a report on Friday, May 8th. Eighteen analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $283.84.
View Our Latest Research Report on HWM
Institutional Investors Weigh In On Howmet Aerospace
Several hedge funds and other institutional investors have recently made changes to their positions in HWM. Norges Bank purchased a new stake in shares of Howmet Aerospace in the fourth quarter valued at $1,793,698,000. Price T Rowe Associates Inc. MD grew its holdings in shares of Howmet Aerospace by 27.0% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 16,632,206 shares of the company's stock worth $3,409,936,000 after purchasing an additional 3,531,700 shares during the last quarter. Auto Owners Insurance Co grew its holdings in shares of Howmet Aerospace by 20,402.0% in the fourth quarter. Auto Owners Insurance Co now owns 1,441,906 shares of the company's stock worth $29,562,000 after purchasing an additional 1,434,873 shares during the last quarter. Invesco Ltd. grew its holdings in shares of Howmet Aerospace by 12.2% in the third quarter. Invesco Ltd. now owns 7,367,438 shares of the company's stock worth $1,445,712,000 after purchasing an additional 801,093 shares during the last quarter. Finally, Vanguard Group Inc. grew its holdings in shares of Howmet Aerospace by 1.4% in the third quarter. Vanguard Group Inc. now owns 49,139,989 shares of the company's stock worth $9,642,740,000 after purchasing an additional 664,595 shares during the last quarter. Hedge funds and other institutional investors own 90.46% of the company's stock.
Howmet Aerospace Company Profile
(
Get Free Report)
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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