Diversify Wealth Management LLC Takes $681,000 Position in Howmet Aerospace Inc. $HWM

Diversify Wealth Management LLC bought a new stake in shares of Howmet Aerospace Inc. (NYSE:HWM) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 2,879 shares of the company’s stock, valued at approximately $681,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Valmark Advisers Inc. lifted its position in shares of Howmet Aerospace by 86.0% during the 1st quarter. Valmark Advisers Inc. now owns 1,962 shares of the company’s stock valued at $452,000 after buying an additional 907 shares in the last quarter. Pittenger & Anderson Inc. grew its stake in Howmet Aerospace by 1,100.0% in the 1st quarter. Pittenger & Anderson Inc. now owns 480 shares of the company’s stock valued at $111,000 after acquiring an additional 440 shares during the period. Fifth Third Bancorp increased its holdings in Howmet Aerospace by 338.1% in the 1st quarter. Fifth Third Bancorp now owns 91,255 shares of the company’s stock worth $21,031,000 after acquiring an additional 70,423 shares in the last quarter. Darwin Wealth Management LLC increased its holdings in Howmet Aerospace by 21.3% in the 1st quarter. Darwin Wealth Management LLC now owns 8,571 shares of the company’s stock worth $1,975,000 after acquiring an additional 1,507 shares in the last quarter. Finally, Simplicity Wealth LLC raised its position in Howmet Aerospace by 23.0% during the first quarter. Simplicity Wealth LLC now owns 1,810 shares of the company’s stock worth $417,000 after acquiring an additional 338 shares during the period. 90.46% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. Jefferies Financial Group raised their price target on shares of Howmet Aerospace from $320.00 to $340.00 and gave the company a “buy” rating in a research note on Thursday, July 9th. Citigroup boosted their price objective on Howmet Aerospace from $303.00 to $311.00 and gave the stock a “buy” rating in a research note on Wednesday, July 1st. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $320.00 target price on shares of Howmet Aerospace in a report on Friday, May 8th. Wall Street Zen downgraded Howmet Aerospace from a “strong-buy” rating to a “buy” rating in a research report on Sunday, July 5th. Finally, Wells Fargo & Company began coverage on Howmet Aerospace in a research note on Wednesday, April 1st. They issued an “equal weight” rating and a $240.00 price target on the stock. Eighteen investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, Howmet Aerospace has a consensus rating of “Moderate Buy” and an average target price of $293.21.

Howmet Aerospace Stock Down 3.0%

NYSE:HWM opened at $270.97 on Friday. Howmet Aerospace Inc. has a 52 week low of $169.45 and a 52 week high of $290.63. The stock’s fifty day moving average is $266.27 and its two-hundred day moving average is $246.49. The stock has a market capitalization of $108.42 billion, a price-to-earnings ratio of 62.87, a price-to-earnings-growth ratio of 2.19 and a beta of 1.19. The company has a quick ratio of 1.59, a current ratio of 2.44 and a debt-to-equity ratio of 0.73.

Howmet Aerospace (NYSE:HWM) last posted its quarterly earnings data on Thursday, May 7th. The company reported $1.22 EPS 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 during the quarter, compared to analyst estimates of $2.24 billion. During the same quarter last year, the firm posted $0.86 earnings per share. The business’s revenue for the quarter 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. Research analysts anticipate that Howmet Aerospace Inc. will post 5.05 EPS for the current year.

Howmet Aerospace Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 26th. Investors of record on Friday, May 8th were issued 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 11.14%.

Insiders Place Their Bets

In other news, EVP Neil Edward Marchuk sold 41,932 shares of the 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 transaction, the executive vice president owned 65,105 shares in the company, valued at approximately $17,545,797.50. This represents a 39.18% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.85% of the stock is currently owned by corporate insiders.

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.