Eurizon Capital SGR S.p.A. bought a new stake in shares of Howmet Aerospace Inc. (NYSE:HWM – Free Report) in the 4th quarter, Holdings Channel reports. The institutional investor bought 36,329 shares of the company’s stock, valued at approximately $7,453,000.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Newbridge Financial Services Group Inc. raised its position in shares of Howmet Aerospace by 119.7% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock valued at $25,000 after acquiring an additional 73 shares during the last quarter. Sound Income Strategies LLC raised its position in shares of Howmet Aerospace by 66.7% during the 4th quarter. Sound Income Strategies LLC now owns 125 shares of the company’s stock valued at $28,000 after acquiring an additional 50 shares during the last quarter. Laurel Wealth Advisors LLC bought a new stake in shares of Howmet Aerospace during the 4th quarter valued at $36,000. Harbor Investment Advisory LLC raised its position in shares of Howmet Aerospace by 339.0% during the 4th quarter. Harbor Investment Advisory LLC now owns 180 shares of the company’s stock valued at $37,000 after acquiring an additional 139 shares during the last quarter. Finally, Ares Financial Consulting LLC bought a new stake in shares of Howmet Aerospace during the 4th quarter valued at $37,000. Institutional investors own 90.46% of the company’s stock.
Analyst Ratings Changes
Several analysts have commented on HWM shares. Jefferies Financial Group reiterated a “buy” rating and set a $320.00 target price on shares of Howmet Aerospace in a research report on Sunday, May 10th. Wolfe Research set a $270.00 price target on shares of Howmet Aerospace and gave the company an “outperform” rating in a report on Wednesday, March 11th. Morgan Stanley reissued an “overweight” rating and issued a $315.00 price target on shares of Howmet Aerospace in a report on Friday, May 8th. Bank of America boosted their price target on shares of Howmet Aerospace from $250.00 to $300.00 and gave the company a “buy” rating in a report on Friday, February 20th. Finally, Sanford C. Bernstein reissued an “outperform” rating and issued a $280.00 price target on shares of Howmet Aerospace in a report on Tuesday, February 17th. Eighteen equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $285.53.
Howmet Aerospace Price Performance
Shares of HWM stock opened at $255.24 on Tuesday. Howmet Aerospace Inc. has a 12-month low of $165.51 and a 12-month high of $280.74. The firm has a market capitalization of $102.12 billion, a price-to-earnings ratio of 59.22, a price-to-earnings-growth ratio of 2.04 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. The firm has a fifty day moving average of $249.76 and a 200-day moving average of $230.69.
Howmet Aerospace (NYSE:HWM – Get Free Report) last announced its earnings results on Thursday, May 7th. The company reported $1.22 earnings per share for the quarter, topping analysts’ consensus estimates of $1.11 by $0.11. The firm had revenue of $2.31 billion during the quarter, compared to analyst estimates of $2.24 billion. Howmet Aerospace had a net margin of 20.23% and a return on equity of 29.27%. The company’s revenue for the quarter was up 19.1% compared to the same quarter last year. During the same period in the prior year, the business earned $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. On average, equities research analysts forecast that Howmet Aerospace Inc. will post 5.04 earnings per share for the current year.
Howmet Aerospace Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Tuesday, May 26th. Investors of record on Friday, May 8th were paid a $0.12 dividend. The ex-dividend date of this dividend was Friday, May 8th. This represents a $0.48 dividend on an annualized basis and a yield of 0.2%. Howmet Aerospace’s dividend payout ratio is presently 11.14%.
Insiders Place Their Bets
In related news, EVP Neil Edward Marchuk sold 41,932 shares of the company’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of $269.50, for a total value of $11,300,674.00. Following the completion of the transaction, the executive vice president directly owned 65,105 shares of the company’s stock, valued at approximately $17,545,797.50. This represents a 39.18% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.85% of the company’s stock.
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.
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