TD Asset Management Inc Sells 94,495 Shares of Howmet Aerospace Inc. $HWM

by · The Markets Daily

TD Asset Management Inc lowered its stake in shares of Howmet Aerospace Inc. (NYSE:HWMFree Report) by 3.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,427,626 shares of the company’s stock after selling 94,495 shares during the quarter. TD Asset Management Inc’s holdings in Howmet Aerospace were worth $497,712,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in the stock. Salomon & Ludwin LLC boosted its holdings in Howmet Aerospace by 12.5% in the fourth quarter. Salomon & Ludwin LLC now owns 423 shares of the company’s stock worth $90,000 after acquiring an additional 47 shares in the last quarter. Catalyst Financial Partners LLC boosted its holdings in Howmet Aerospace by 0.9% in the fourth quarter. Catalyst Financial Partners LLC now owns 5,561 shares of the company’s stock worth $1,140,000 after acquiring an additional 48 shares in the last quarter. Burns J W & Co. Inc. NY boosted its holdings in Howmet Aerospace by 2.6% in the fourth quarter. Burns J W & Co. Inc. NY now owns 1,949 shares of the company’s stock worth $400,000 after acquiring an additional 49 shares in the last quarter. HBW Advisory Services LLC boosted its holdings in Howmet Aerospace by 2.5% in the fourth quarter. HBW Advisory Services LLC now owns 1,990 shares of the company’s stock worth $408,000 after acquiring an additional 49 shares in the last quarter. Finally, Fidelis Capital Partners LLC boosted its holdings in Howmet Aerospace by 2.9% in the fourth quarter. Fidelis Capital Partners LLC now owns 1,738 shares of the company’s stock worth $356,000 after acquiring an additional 49 shares in the last quarter. Institutional investors own 90.46% of the company’s stock.

Insider Transactions at Howmet Aerospace

In other Howmet Aerospace 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 value of $11,300,674.00. Following the completion of the transaction, the executive vice president directly owned 65,105 shares of the company’s stock, 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 legal filing with the SEC, which can be accessed through this link. Insiders own 0.85% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on HWM shares. Royal Bank Of Canada raised their price target on Howmet Aerospace from $275.00 to $300.00 and gave the stock an “outperform” rating in a report on Wednesday, March 11th. Wells Fargo & Company started coverage on Howmet Aerospace in a report on Wednesday, April 1st. They issued an “equal weight” rating and a $240.00 price target for the company. BNP Paribas Exane reissued an “outperform” rating and issued a $340.00 price target (up from $265.00) on shares of Howmet Aerospace in a report on Friday, May 8th. Sanford C. Bernstein reissued an “outperform” rating and issued a $280.00 price target on shares of Howmet Aerospace in a report on Tuesday, February 17th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Howmet Aerospace in a report on Tuesday, April 21st. Eighteen equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $285.53.

View Our Latest Report on HWM

Howmet Aerospace Trading Down 0.7%

Howmet Aerospace stock opened at $248.92 on Thursday. The company has a quick ratio of 1.59, a current ratio of 2.44 and a debt-to-equity ratio of 0.73. Howmet Aerospace Inc. has a 52 week low of $165.51 and a 52 week high of $280.74. The company has a market capitalization of $99.59 billion, a price-to-earnings ratio of 57.75, a price-to-earnings-growth ratio of 1.99 and a beta of 1.19. The stock has a 50-day moving average price of $250.41 and a 200 day moving average price of $231.35.

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

Howmet Aerospace Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, May 26th. Shareholders of record on Friday, May 8th were issued a $0.12 dividend. The ex-dividend date of this dividend was Friday, May 8th. This represents a $0.48 dividend on an annualized basis and a yield of 0.2%. Howmet Aerospace’s payout ratio is presently 11.14%.

About Howmet Aerospace

(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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