Y-Intercept (Hong Kong) 13F: Exits Howmet Aerospace (HWM) Stake

Y-Intercept (Hong Kong) completely sold its stake in Howmet Aerospace Inc. (HWM) in a filing on October 16, 2026, cutting 54,786 shares to zero. This move marks an exit from their previous holding valued at approximately $13.8 million before the sell-off.

What Changed in Y-Intercept's Howmet Aerospace Position

Y-Intercept's filing shows a full exit from its position in Howmet Aerospace, selling all 54,786 shares. This represents a 100% decrease in their holdings.

Other Institutional Activity in Howmet Aerospace

Other funds are also adjusting their positions in Howmet Aerospace. Blackrock Inc. reduced its holdings by 2,143,951 shares, ending its position with 45,819,158 shares worth about $10.1 billion. JPMorgan Chase & Co cut 2,426,178 shares, now holding 18,561,518 shares valued at $4.1 billion. Meanwhile, Vanguard Capital Management LLC added 80,773 shares, bringing its total to 26,136,434 shares worth approximately $5.8 billion. State Street Corporation increased its stake by 613,727 shares, now owning 18,933,928 shares valued at $4.2 billion.

Howmet Aerospace Inc. Stock Up 2.1%

Recently, Howmet Aerospace's stock has been trading around $224.28, which is below its 50-day moving average of $247.09 and its 200-day average of $249.32. The shares are also 27.7% below their 52-week high of $310.00, while being 19.6% above the 52-week low of $187.46.

Recent Earnings

Howmet Aerospace reported trailing twelve-month revenue of approximately $9.12 billion, with an earnings per share (EPS) of $4.64. The company has a net margin of 20.5% and a return on equity of 34.7%. The next earnings report is scheduled for October 29, 2026.

Insider Buying and Selling at Howmet Aerospace Inc.

Insider trading has seen some activity earlier this year. Officer Neil Edward Marchuk sold 45,150 shares at an average price of $251.70 on February 18, 2026, totaling about $11.36 million. He sold another 41,932 shares on May 11, 2026, at an average price of $269.50 for about $11.3 million. Officer Barbara Lou Shultz also sold 1,000 shares at $260.00 on February 26, 2026, worth $260,005.

Analysts Set New Price Targets

Analysts have been active with their recommendations for Howmet Aerospace. On August 24, 2026, Bernstein maintained an Outperform rating with a price target of $328.00. Guggenheim initiated coverage with a Buy rating on September 15, 2026, setting a target of $350.00. Wells Fargo maintained an Equal-Weight rating with a target of $255.00 on September 30, 2026, while TD Cowen maintained a Buy rating with a target of $280.00 on October 9, 2026. RBC Capital also maintained an Outperform rating with a lowered target of $300.00 on October 15, 2026. The consensus recommendation remains a strong buy, with a mean price target of $324.55.

About Howmet Aerospace

Howmet Aerospace Inc. specializes in advanced engineering solutions for industries like aerospace and transportation. They operate through segments including Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels. This recent sale by Y-Intercept reflects a significant shift in their investment strategy.

Bottom Line

As Y-Intercept exits its position, investors will be watching closely for Howmet Aerospace's upcoming earnings report on October 29, 2026. Keep in mind that filings like this represent past holdings and may not reflect current positions or strategies.