Apollon Financial LLC Takes $555,000 Position in Howmet Aerospace Inc. $HWM

Apollon Financial LLC acquired a new position in shares of Howmet Aerospace Inc. (NYSE:HWMFree Report) in the first quarter, according to its most recent disclosure with the SEC. The firm acquired 2,409 shares of the company’s stock, valued at approximately $555,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Acumen Wealth Advisors LLC purchased a new stake in shares of Howmet Aerospace during the fourth quarter worth approximately $25,000. Sound Income Strategies LLC grew its position in Howmet Aerospace by 66.7% in the 4th quarter. Sound Income Strategies LLC now owns 125 shares of the company’s stock valued at $28,000 after buying an additional 50 shares during the last quarter. Newbridge Financial Services Group Inc. grew its position in Howmet Aerospace by 119.7% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock valued at $25,000 after buying an additional 73 shares during the last quarter. Vermillion & White Wealth Management Group LLC increased its stake in Howmet Aerospace by 65.1% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 137 shares of the company’s stock valued at $28,000 after buying an additional 54 shares during the period. Finally, Mcguire Capital Advisors Inc. acquired a new position in Howmet Aerospace in the 4th quarter valued at $28,000. 90.46% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Howmet Aerospace

In other news, EVP Neil Edward Marchuk sold 41,932 shares of the company’s stock in a transaction 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 sale, the executive vice president directly owned 65,105 shares in the company, valued at $17,545,797.50. This represents a 39.18% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.85% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Wolfe Research set a $270.00 target price on shares of Howmet Aerospace and gave the stock an “outperform” rating in a research note on Wednesday, March 11th. Royal Bank Of Canada boosted their price target on shares of Howmet Aerospace from $275.00 to $300.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 11th. KeyCorp started coverage on shares of Howmet Aerospace in a report on Wednesday, March 25th. They set a “sector weight” rating for the company. Susquehanna raised their price objective on shares of Howmet Aerospace from $300.00 to $330.00 and gave the company a “positive” rating in a research report on Friday, May 8th. Finally, Citigroup lifted their price objective on Howmet Aerospace from $271.00 to $303.00 and gave the company a “buy” rating in a report on Monday, May 18th. Eighteen investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $287.53.

Check Out Our Latest Research Report on Howmet Aerospace

Howmet Aerospace Stock Performance

Shares of HWM stock opened at $268.61 on Tuesday. The stock has a fifty day moving average price of $259.85 and a 200 day moving average price of $240.02. 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 stock has a market cap of $107.47 billion, a PE ratio of 62.32, a P/E/G ratio of 2.13 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.

Howmet Aerospace (NYSE:HWMGet Free Report) last issued its quarterly earnings data on Thursday, May 7th. The company reported $1.22 EPS for the quarter, beating analysts’ consensus estimates of $1.11 by $0.11. Howmet Aerospace had a net margin of 20.23% and a return on equity of 29.27%. The firm had revenue of $2.31 billion for the quarter, compared to analysts’ expectations of $2.24 billion. During the same period in the prior year, the company earned $0.86 EPS. The firm’s revenue was up 19.1% on a year-over-year basis. 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. Sell-side analysts forecast that Howmet Aerospace Inc. will post 5.04 earnings per share for the current fiscal year.

Howmet Aerospace Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, May 26th. Stockholders of record on Friday, May 8th were given a $0.12 dividend. The ex-dividend date was Friday, May 8th. This represents a $0.48 annualized dividend and a dividend yield of 0.2%. Howmet Aerospace’s dividend payout ratio is currently 11.14%.

Howmet Aerospace Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Howmet Aerospace (NYSE:HWM)

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