Axiom Investors LLC DE Buys 7,315 Shares of Howmet Aerospace Inc. $HWM

Axiom Investors LLC DE raised its stake in shares of Howmet Aerospace Inc. (NYSE:HWM) by 35.6% during the 4th quarter, HoldingsChannel.com reports. The firm owned 27,880 shares of the company’s stock after acquiring an additional 7,315 shares during the quarter. Axiom Investors LLC DE’s holdings in Howmet Aerospace were worth $5,716,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in the business. Norges Bank bought a new stake in Howmet Aerospace in the fourth quarter valued at about $1,793,698,000. Invesco Ltd. increased its stake in Howmet Aerospace by 12.2% in the third quarter. Invesco Ltd. now owns 7,367,438 shares of the company’s stock valued at $1,445,712,000 after acquiring an additional 801,093 shares during the period. Vanguard Group Inc. boosted its position in Howmet Aerospace by 1.4% in the third quarter. Vanguard Group Inc. now owns 49,139,989 shares of the company’s stock valued at $9,642,740,000 after buying an additional 664,595 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in Howmet Aerospace by 27.8% in the fourth quarter. Goldman Sachs Group Inc. now owns 2,754,204 shares of the company’s stock valued at $564,667,000 after buying an additional 599,151 shares in the last quarter. Finally, Franklin Resources Inc. boosted its position in Howmet Aerospace by 56.3% in the fourth quarter. Franklin Resources Inc. now owns 1,433,811 shares of the company’s stock valued at $293,960,000 after buying an additional 516,570 shares in the last quarter. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, EVP Neil Edward Marchuk sold 41,932 shares of the stock in a transaction on Monday, May 11th. The shares were sold at an average price of $269.50, for a total transaction of $11,300,674.00. Following the completion of the sale, the executive vice president owned 65,105 shares of the company’s stock, 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 at this hyperlink. 0.85% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. The Goldman Sachs Group set a $228.00 price target on shares of Howmet Aerospace in a research report on Tuesday, February 17th. JPMorgan Chase & Co. boosted their price target on shares of Howmet Aerospace from $265.00 to $310.00 and gave the company an “overweight” rating in a research report on Monday, May 11th. Citigroup boosted their price target on shares of Howmet Aerospace from $271.00 to $303.00 and gave the company a “buy” rating in a research report on Monday, May 18th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $320.00 price target on shares of Howmet Aerospace in a research report on Friday, May 8th. Finally, Morgan Stanley reiterated an “overweight” rating and set a $315.00 target price on shares of Howmet Aerospace in a research report on Friday, May 8th. Eighteen investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Howmet Aerospace presently has a consensus rating of “Moderate Buy” and a consensus price target of $285.53.

Howmet Aerospace Trading Up 4.1%

Shares of NYSE HWM opened at $256.77 on Wednesday. The company’s 50 day simple moving average is $251.72 and its 200 day simple moving average is $232.74. 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 capitalization of $102.74 billion, a P/E ratio of 59.58, a P/E/G ratio of 1.95 and a beta of 1.19. 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) last announced its quarterly earnings data on Thursday, May 7th. The company reported $1.22 earnings per share for the quarter, beating the consensus estimate of $1.11 by $0.11. Howmet Aerospace had a net margin of 20.23% and a return on equity of 29.27%. The business had revenue of $2.31 billion for the quarter, compared to analyst estimates of $2.24 billion. During the same period in the prior year, the business posted $0.86 earnings per share. Howmet Aerospace’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. On average, analysts predict that Howmet Aerospace Inc. will post 5.04 EPS for the current year.

Howmet Aerospace Dividend Announcement

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

Howmet Aerospace 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.