Geode Capital Management LLC Increases Position in Howmet Aerospace Inc. $HWM

Geode Capital Management LLC lifted its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM) by 2.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 11,307,538 shares of the company’s stock after acquiring an additional 221,775 shares during the quarter. Geode Capital Management LLC’s holdings in Howmet Aerospace were worth $2,316,277,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of HWM. Newbridge Financial Services Group Inc. increased its holdings in Howmet Aerospace by 119.7% in 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. Sound Income Strategies LLC increased its holdings in Howmet Aerospace by 66.7% in 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. Laurel Wealth Advisors LLC bought a new stake in Howmet Aerospace in the fourth quarter valued at about $36,000. Harbor Investment Advisory LLC increased its holdings in Howmet Aerospace by 339.0% in the fourth quarter. Harbor Investment Advisory LLC now owns 180 shares of the company’s stock valued at $37,000 after buying an additional 139 shares during the last quarter. Finally, Ares Financial Consulting LLC bought a new stake in Howmet Aerospace in the fourth quarter valued at about $37,000. 90.46% of the stock is owned by institutional investors.

Howmet Aerospace Stock Performance

Shares of HWM stock opened at $259.91 on Friday. The company has a quick ratio of 1.59, a current ratio of 2.44 and a debt-to-equity ratio of 0.73. The business has a 50 day moving average of $248.97 and a two-hundred day moving average of $230.02. The company has a market cap of $103.99 billion, a P/E ratio of 60.30, a PEG ratio of 2.04 and a beta of 1.19. Howmet Aerospace Inc. has a 52 week low of $165.51 and a 52 week high of $280.74.

Howmet Aerospace (NYSE:HWM) last issued its quarterly earnings data on Thursday, May 7th. The company reported $1.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.11 by $0.11. The business had revenue of $2.31 billion during the quarter, compared to the consensus estimate of $2.24 billion. Howmet Aerospace had a return on equity of 29.27% and a net margin of 20.23%.The business’s revenue was up 19.1% on a year-over-year basis. During the same period in the previous year, the firm posted $0.86 earnings per share. 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. As a group, analysts anticipate that Howmet Aerospace Inc. will post 5.04 EPS for the current year.

Howmet Aerospace Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, May 26th. Stockholders of record on Friday, May 8th were given a dividend of $0.12 per share. The ex-dividend date was Friday, May 8th. This represents a $0.48 annualized dividend and a dividend yield of 0.2%. Howmet Aerospace’s payout ratio is currently 11.14%.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on HWM shares. Jefferies Financial Group reissued a “buy” rating and issued a $320.00 price objective on shares of Howmet Aerospace in a report on Sunday, May 10th. BTIG Research boosted their price objective on Howmet Aerospace from $275.00 to $300.00 and gave the company a “buy” rating in a report on Friday, May 8th. UBS Group boosted their price objective on Howmet Aerospace from $260.00 to $290.00 and gave the company a “neutral” rating in a report on Friday, May 8th. Susquehanna boosted their price objective on Howmet Aerospace from $300.00 to $330.00 and gave the company a “positive” rating in a report on Friday, May 8th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $320.00 price objective on shares of Howmet Aerospace in a report on Friday, May 8th. Eighteen equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $285.53.

Insider Activity

In other news, EVP Neil Edward Marchuk sold 41,932 shares of the business’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 ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 0.85% of the company’s stock.

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.