Howmet Aerospace Inc. reported an insider sale on February 26, 2026, when Vice President and Controller Barbara Lou Shultz disposed of 1,000 shares of common stock, according to a Form 4 filed with the Securities and Exchange Commission. The shares were sold at a per-share price of $260.005, producing total proceeds of $260,005. After the transaction, Shultz directly owns 23,874 shares of Howmet Aerospace.
The sale occurred as Howmet's shares traded near their 52-week high of $262.63. Over the past 12 months the stock has returned roughly 93%, placing the company at a markedly higher valuation range. External analysis from InvestingPro characterizes Howmet as appearing overvalued at current market levels based on its Fair Value assessment, and reports a market valuation of $104.8 billion and a price-to-earnings ratio of 70.2.
In parallel with the insider filing, Howmet has outlined financing and strategic moves tied to its planned acquisition of Consolidated Aerospace Manufacturing, LLC. The company announced a $1.2 billion public offering of notes intended to help finance the approximately $1.8 billion all-cash transaction. Howmet expects the acquisition to close in the first half of 2026, subject to regulatory approval, and says the deal will broaden its footprint in the aerospace components industry.
Howmet also declared a quarterly cash dividend of $0.12 per share, scheduled for payment to shareholders in February 2026. Separately, UBS raised its price target on Howmet to $260, citing the company's execution and record EBITDA margins. UBS highlighted gains driven by pricing, content growth and volume.
Management provided preliminary expectations for the acquired business, forecasting revenue in the range of $485 million to $495 million for fiscal 2026 and an adjusted EBITDA margin exceeding 20% before synergies are realized. The company has stated that closing remains contingent on regulatory approval.
Additional market research and premium analysis on Howmet, including investing tips and extended reports, are available through third-party services referenced in company coverage.
What this means
- The insider sale is documented via SEC Form 4 and reduces the named executive's holdings by 1,000 shares while leaving her with 23,874 shares.
- Howmet is advancing a significant financing package and awaiting regulatory clearance to complete an all-cash acquisition that would expand its aerospace components operations.
- Market indicators show the stock trading near a 52-week high after a substantial 12-month gain, while third-party valuation work signals potential overvaluation.