PITTSBURGH—Barbara Lou Shultz, Vice President and Controller at Howmet Aerospace Inc . (NYSE:HWM), recently sold 1,250 shares of the company’s common stock. The shares were sold at an average price of $155.17, resulting in a total transaction value of $193,962. The transaction comes as Howmet trades near its 52-week high of $157.43, with the stock showing remarkable strength, gaining over 93% in the past year. According to InvestingPro analysis, the company currently appears overvalued relative to its Fair Value.
Following this transaction, Shultz holds 23,044 shares of Howmet Aerospace’s common stock. Additionally, a separate transaction was reported where 2,236 shares were withheld to cover tax liabilities related to the vesting of a stock award, valued at $345,104.
These transactions were disclosed in a recent SEC filing, offering insight into the stock activities of company executives.
In other recent news, Howmet Aerospace Inc. reported strong first-quarter 2025 earnings, surpassing expectations with an earnings per share (EPS) of $0.86, exceeding the forecasted $0.78. Revenue for the quarter reached a record $1.69 billion, marking a 6% increase from the previous year. The company also achieved a record EBITDA of $486 million, reflecting a 28% increase year-over-year. In response to these robust results, Bernstein analysts raised their price target for Howmet Aerospace shares from $154 to $174, maintaining an "Outperform" rating. Similarly, Benchmark analysts increased their price target to $165 while keeping a "Buy" rating. Both analyst firms highlighted Howmet’s strong performance in its aerospace segments and its potential for future growth. The company also announced an upward revision of its financial guidance for 2025, including forecasts for adjusted EBITDA, EPS, and free cash flow. These developments indicate a positive trajectory for Howmet Aerospace, supported by solid results and optimistic projections from analysts.
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