SCHEDULE 13G/A: BlackRock Discloses 7.8% Passive Stake in Howmet Aerospace Inc. via Schedule 13G Amendment
Beneficial Ownership Report (Schedule 13G Amendment)
BlackRock, Inc. has filed an Amendment No. 3 to its Schedule 13G, reporting a 7.8% beneficial ownership stake in Howmet Aerospace Inc. as of March 31, 2025.
Summary
- BlackRock, Inc. reported beneficial ownership of 31,521,780 shares of Howmet Aerospace Inc. common stock.
- This aggregate amount represents 7.8% of the class of securities.
- BlackRock holds sole voting power over 28,562,041 shares.
- BlackRock holds sole dispositive power over 31,521,780 shares.
- The filing is an Amendment No. 3 to a previously filed Schedule 13G.
- The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of Howmet Aerospace Inc.
Sentiment
Score: 5
Explanation: The document is a factual, regulatory filing disclosing beneficial ownership. It contains no information that would indicate a positive or negative sentiment regarding the issuer's performance or outlook.
Future Outlook
NA
Management Comments
- BlackRock, Inc. certifies that the securities were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities.
Industry Context
This filing is a routine disclosure by a major institutional asset manager, BlackRock, indicating its passive investment stake in Howmet Aerospace Inc. It reflects BlackRock's portfolio management activities rather than a specific strategic move related to the aerospace industry.
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional holder's passive stake in the company.
Key Dates
| Date | Description |
|---|---|
| 2023-04-30 | Date of previously revoked Power of Attorney. |
| 2025-01-21 | Effective date of the current Power of Attorney. |
| 2025-03-31 | Date of event which requires filing of this statement (reporting period end). |
| 2025-04-24 | Date of filing of this Schedule 13G Amendment No. 3. |
Keywords
BlackRock, Howmet Aerospace Inc., Schedule 13G, Beneficial Ownership, SEC Filing, Institutional Investor, Common Stock, Passive Investment
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