O Shaughnessy Asset Management LLC Purchases 5,301 Shares of Howmet Aerospace Inc. $HWM

O Shaughnessy Asset Management LLC raised its stake in shares of Howmet Aerospace Inc. (NYSE:HWM) by 9.4% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 61,986 shares of the company’s stock after purchasing an additional 5,301 shares during the period. O Shaughnessy Asset Management LLC’s holdings in Howmet Aerospace were worth $12,708,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Norges Bank bought a new position in shares of Howmet Aerospace in the fourth quarter worth about $1,793,698,000. Invesco Ltd. boosted its stake 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 acquiring an additional 801,093 shares during the period. Vanguard Group Inc. boosted its stake 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 acquiring an additional 664,595 shares during the period. Goldman Sachs Group Inc. boosted its stake 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 acquiring an additional 599,151 shares during the period. Finally, Franklin Resources Inc. boosted its stake 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 acquiring an additional 493,872 shares during the period. Institutional investors own 90.46% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on HWM shares. Wolfe Research set a $270.00 price objective on Howmet Aerospace and gave the stock an “outperform” rating in a research note on Wednesday, March 11th. BNP Paribas Exane reaffirmed an “outperform” rating and issued a $340.00 price objective (up from $265.00) on shares of Howmet Aerospace in a research note on Friday, May 8th. 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. Weiss Ratings reiterated a “buy (b)” rating on shares of Howmet Aerospace in a research report on Tuesday, April 21st. Finally, BTIG Research boosted their target price on Howmet Aerospace from $275.00 to $300.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. Eighteen analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Howmet Aerospace has a consensus rating of “Moderate Buy” and an average price target of $285.53.

Insider Transactions at Howmet Aerospace

In other Howmet Aerospace 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 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 document filed with the SEC, which is available at this link. 0.85% of the stock is currently owned by company insiders.

Howmet Aerospace Trading Up 4.1%

Shares of HWM stock opened at $256.77 on Wednesday. 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 $251.72 and its two-hundred day simple moving average is $232.74. The company has a market cap of $102.74 billion, a PE ratio of 59.58, a price-to-earnings-growth ratio of 1.95 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 Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, May 26th. Shareholders of record on Friday, May 8th were given a dividend of $0.12 per share. The ex-dividend date 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 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.