Howmet Aerospace Inc. $HWM Stake Raised by Marietta Investment Partners LLC

Marietta Investment Partners LLC increased its position in Howmet Aerospace Inc. (NYSE:HWM) by 11.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 50,214 shares of the company’s stock after buying an additional 5,040 shares during the period. Howmet Aerospace accounts for about 2.0% of Marietta Investment Partners LLC’s investment portfolio, making the stock its 10th biggest position. Marietta Investment Partners LLC’s holdings in Howmet Aerospace were worth $10,295,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in HWM. Norges Bank purchased a new stake in shares of Howmet Aerospace in the fourth quarter worth about $1,793,698,000. Invesco Ltd. lifted its position in shares of Howmet Aerospace by 12.2% in the third quarter. Invesco Ltd. now owns 7,367,438 shares of the company’s stock worth $1,445,712,000 after buying an additional 801,093 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of Howmet Aerospace by 1.4% in the third quarter. Vanguard Group Inc. now owns 49,139,989 shares of the company’s stock worth $9,642,740,000 after buying an additional 664,595 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Howmet Aerospace by 27.8% in the fourth quarter. Goldman Sachs Group Inc. now owns 2,754,204 shares of the company’s stock worth $564,667,000 after buying an additional 599,151 shares in the last quarter. Finally, Franklin Resources Inc. lifted its position in shares of Howmet Aerospace by 116.7% in the third quarter. Franklin Resources Inc. now owns 917,241 shares of the company’s stock worth $179,990,000 after buying an additional 493,872 shares in the last quarter. 90.46% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on HWM shares. Bank of America boosted their target price on Howmet Aerospace from $250.00 to $300.00 and gave the stock a “buy” rating in a research report on Friday, February 20th. BNP Paribas Exane restated an “outperform” rating and set a $340.00 price objective (up from $265.00) on shares of Howmet Aerospace in a research report on Friday, May 8th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $320.00 price objective on shares of Howmet Aerospace in a research report on Friday, May 8th. KeyCorp began coverage on Howmet Aerospace in a research report on Wednesday, March 25th. They set a “sector weight” rating on the stock. Finally, Citigroup upped their price objective on Howmet Aerospace from $271.00 to $303.00 and gave the company a “buy” rating in a research report on Monday, May 18th. Eighteen research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $285.53.

Insider Activity at Howmet Aerospace

In other news, EVP Neil Edward Marchuk sold 41,932 shares of the company’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 transaction of $11,300,674.00. Following the transaction, the executive vice president owned 65,105 shares of the company’s stock, valued at approximately $17,545,797.50. This represents a 39.18% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 0.85% of the company’s stock.

Howmet Aerospace Trading Down 0.7%

Shares of HWM stock opened at $248.92 on Thursday. Howmet Aerospace Inc. has a 1 year low of $165.51 and a 1 year high of $280.74. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.44 and a quick ratio of 1.59. The stock’s 50 day simple moving average is $250.41 and its two-hundred day simple moving average is $231.35. The company has a market cap of $99.59 billion, a PE ratio of 57.75, a price-to-earnings-growth ratio of 1.99 and a beta of 1.19.

Howmet Aerospace (NYSE:HWM) last issued its quarterly earnings data on Thursday, May 7th. The company reported $1.22 earnings per share (EPS) for the quarter, beating 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 the consensus estimate of $2.24 billion. During the same period in the prior year, the business posted $0.86 earnings per share. The company’s quarterly 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. Research analysts predict that Howmet Aerospace Inc. will post 5.04 earnings per share for the current year.

Howmet Aerospace Announces Dividend

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

About Howmet Aerospace

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.