Brookstone Capital Management lifted its stake in shares of Howmet Aerospace Inc. (NYSE:HWM – Free Report) by 56.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,168 shares of the company’s stock after acquiring an additional 2,947 shares during the quarter. Brookstone Capital Management’s holdings in Howmet Aerospace were worth $1,882,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds have also modified their holdings of HWM. UMB Bank n.a. boosted its stake in shares of Howmet Aerospace by 2.6% in the 4th quarter. UMB Bank n.a. now owns 1,620 shares of the company’s stock valued at $332,000 after buying an additional 41 shares during the period. Tudor Financial Inc. raised its holdings in shares of Howmet Aerospace by 2.6% in the 4th quarter. Tudor Financial Inc. now owns 1,650 shares of the company’s stock valued at $338,000 after purchasing an additional 42 shares in the last quarter. Parkside Financial Bank & Trust lifted its position in shares of Howmet Aerospace by 4.1% during the 4th quarter. Parkside Financial Bank & Trust now owns 1,077 shares of the company’s stock worth $221,000 after purchasing an additional 42 shares during the last quarter. Truvestments Capital LLC lifted its position in shares of Howmet Aerospace by 25.1% during the 4th quarter. Truvestments Capital LLC now owns 224 shares of the company’s stock worth $46,000 after purchasing an additional 45 shares during the last quarter. Finally, Salomon & Ludwin LLC grew its stake in shares of Howmet Aerospace by 12.5% during the fourth quarter. Salomon & Ludwin LLC now owns 423 shares of the company’s stock worth $90,000 after purchasing an additional 47 shares in the last quarter. 90.46% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several equities analysts recently commented on the company. Morgan Stanley reissued an “overweight” rating and issued a $315.00 target price on shares of Howmet Aerospace in a report on Friday, May 8th. Jefferies Financial Group reaffirmed a “buy” rating and set a $320.00 price objective on shares of Howmet Aerospace in a research report on Sunday, May 10th. BNP Paribas Exane reiterated an “outperform” rating and issued a $340.00 price objective (up from $265.00) on shares of Howmet Aerospace in a report on Friday, May 8th. Citigroup raised their target price on Howmet Aerospace from $271.00 to $303.00 and gave the stock a “buy” rating in a research report on Monday, May 18th. Finally, Wolfe Research set a $270.00 target price on Howmet Aerospace and gave the stock an “outperform” rating in a research note on Wednesday, March 11th. Eighteen investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, Howmet Aerospace currently has a consensus rating of “Moderate Buy” and a consensus target price of $287.53.
Insider Buying and Selling
In other Howmet Aerospace news, EVP Neil Edward Marchuk sold 41,932 shares of the business’s stock in a transaction that occurred on 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 completion of the sale, the executive vice president 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 sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.85% of the stock is currently owned by company insiders.
Howmet Aerospace Stock Performance
NYSE HWM opened at $272.04 on Friday. The company has a fifty day moving average of $259.14 and a two-hundred day moving average of $238.95. The company has a market capitalization of $108.84 billion, a PE ratio of 63.12, a P/E/G ratio of 2.19 and a beta of 1.19. Howmet Aerospace Inc. has a 1 year low of $169.45 and a 1 year high of $290.63. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.44 and a quick ratio of 1.59.
Howmet Aerospace (NYSE:HWM – Get Free Report) last posted its earnings results on Thursday, May 7th. The company reported $1.22 EPS for the quarter, topping analysts’ consensus estimates of $1.11 by $0.11. Howmet Aerospace had a return on equity of 29.27% and a net margin of 20.23%.The business had revenue of $2.31 billion for the quarter, compared to analysts’ expectations of $2.24 billion. During the same quarter in the previous year, the firm earned $0.86 earnings per share. The business’s revenue was up 19.1% compared to the same quarter last year. 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, analysts expect that Howmet Aerospace Inc. will post 5.04 earnings per share for the current year.
Howmet Aerospace Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, May 26th. Shareholders of record on Friday, May 8th were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Friday, May 8th. This represents a $0.48 annualized dividend and a yield of 0.2%. Howmet Aerospace’s payout ratio is 11.14%.
Howmet Aerospace Company Profile
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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