111 Capital purchased a new stake in shares of Howmet Aerospace Inc. (NYSE:HWM – Free Report) in the 4th quarter, Holdings Channel reports. The institutional investor purchased 2,101 shares of the company’s stock, valued at approximately $431,000.
A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Brighton Jones LLC grew its stake in shares of Howmet Aerospace by 5.4% during the 4th quarter. Brighton Jones LLC now owns 2,548 shares of the company’s stock valued at $279,000 after acquiring an additional 130 shares during the period. Acadian Asset Management LLC bought a new stake in Howmet Aerospace during the 1st quarter worth approximately $399,000. Sivia Capital Partners LLC purchased a new position in Howmet Aerospace during the second quarter valued at approximately $216,000. Brown Advisory Inc. boosted its position in shares of Howmet Aerospace by 31.0% in the second quarter. Brown Advisory Inc. now owns 4,180 shares of the company’s stock worth $778,000 after purchasing an additional 990 shares during the period. Finally, Cary Street Partners Financial LLC bought a new position in shares of Howmet Aerospace in the second quarter worth approximately $145,000. Hedge funds and other institutional investors own 90.46% of the company’s stock.
Analyst Upgrades and Downgrades
Several brokerages have recently commented on HWM. UBS Group raised their price objective on shares of Howmet Aerospace from $260.00 to $290.00 and gave the company a “neutral” rating in a research report on Friday, May 8th. The Goldman Sachs Group set a $228.00 target price on shares of Howmet Aerospace in a report on Tuesday, February 17th. Citigroup raised their price target on Howmet Aerospace from $271.00 to $303.00 and gave the company a “buy” rating in a report on Monday, May 18th. BTIG Research boosted their price objective on Howmet Aerospace from $275.00 to $300.00 and gave the company a “buy” rating in a research report on Friday, May 8th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Howmet Aerospace in a research note on Tuesday, April 21st. Eighteen investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $285.53.
Insider Activity at Howmet Aerospace
In related news, EVP Neil Edward Marchuk sold 41,932 shares of the business’s stock in a transaction dated 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 sale, the executive vice president directly owned 65,105 shares in the company, valued at approximately $17,545,797.50. The trade was a 39.18% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.85% of the company’s stock.
Howmet Aerospace Price Performance
Shares of NYSE:HWM opened at $252.01 on Friday. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.59 and a current ratio of 2.44. The firm has a fifty day moving average price of $250.83 and a 200 day moving average price of $231.82. Howmet Aerospace Inc. has a fifty-two week low of $165.51 and a fifty-two week high of $280.74. The firm has a market cap of $100.83 billion, a price-to-earnings ratio of 58.47, a P/E/G ratio of 1.99 and a beta of 1.19.
Howmet Aerospace (NYSE:HWM – Get Free Report) last announced its quarterly earnings results on Thursday, May 7th. The company reported $1.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.11 by $0.11. The company had revenue of $2.31 billion for the quarter, compared to the consensus estimate of $2.24 billion. Howmet Aerospace had a net margin of 20.23% and a return on equity of 29.27%. Howmet Aerospace’s revenue for the quarter was up 19.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.86 EPS. 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. As a group, sell-side analysts expect that Howmet Aerospace Inc. will post 5.04 earnings per share for the current fiscal year.
Howmet Aerospace Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, May 26th. Stockholders of record on Friday, May 8th were issued a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend was Friday, May 8th. Howmet Aerospace’s payout ratio is 11.14%.
About Howmet Aerospace
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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