15,606 Shares in Howmet Aerospace Inc. $HWM Bought by Fox Hill Wealth Management

Fox Hill Wealth Management purchased a new position in shares of Howmet Aerospace Inc. (NYSE:HWM) during the fourth quarter, Holdings Channel.com reports. The fund purchased 15,606 shares of the company’s stock, valued at approximately $3,199,000. Howmet Aerospace makes up approximately 1.5% of Fox Hill Wealth Management’s holdings, making the stock its 19th biggest position.

Other hedge funds have also recently added to or reduced their stakes in the company. Salomon & Ludwin LLC grew its holdings in shares of Howmet Aerospace by 12.5% in the fourth quarter. Salomon & Ludwin LLC now owns 423 shares of the company’s stock valued at $90,000 after purchasing an additional 47 shares in the last quarter. Catalyst Financial Partners LLC grew its holdings in shares of Howmet Aerospace by 0.9% in the fourth quarter. Catalyst Financial Partners LLC now owns 5,561 shares of the company’s stock valued at $1,140,000 after purchasing an additional 48 shares in the last quarter. Burns J W & Co. Inc. NY grew its holdings in shares of Howmet Aerospace by 2.6% in the fourth quarter. Burns J W & Co. Inc. NY now owns 1,949 shares of the company’s stock valued at $400,000 after purchasing an additional 49 shares in the last quarter. HBW Advisory Services LLC grew its holdings in shares of Howmet Aerospace by 2.5% in the fourth quarter. HBW Advisory Services LLC now owns 1,990 shares of the company’s stock valued at $408,000 after purchasing an additional 49 shares in the last quarter. Finally, Fidelis Capital Partners LLC grew its holdings in shares of Howmet Aerospace by 2.9% in the fourth quarter. Fidelis Capital Partners LLC now owns 1,738 shares of the company’s stock valued at $356,000 after purchasing an additional 49 shares in the last quarter. 90.46% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

HWM has been the subject of a number of research reports. Jefferies Financial Group restated a “buy” rating and issued a $320.00 price objective on shares of Howmet Aerospace in a report on Sunday, May 10th. Citigroup lifted their price objective on shares of Howmet Aerospace from $271.00 to $303.00 and gave the company a “buy” rating in a report on Monday, May 18th. Wolfe Research set a $270.00 price objective on shares of Howmet Aerospace and gave the company an “outperform” rating in a report on Wednesday, March 11th. Sanford C. Bernstein restated an “outperform” rating and issued a $280.00 price objective on shares of Howmet Aerospace in a report on Tuesday, February 17th. Finally, Royal Bank Of Canada lifted their price objective on shares of Howmet Aerospace from $275.00 to $300.00 and gave the company an “outperform” rating in a report on Wednesday, March 11th. Eighteen equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $285.53.

Howmet Aerospace Stock Up 6.0%

Shares of Howmet Aerospace stock opened at $264.35 on Friday. Howmet Aerospace Inc. has a 52-week low of $168.50 and a 52-week high of $280.74. The company has a 50 day moving average of $252.95 and a 200 day moving average of $233.58. 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 company has a market capitalization of $105.77 billion, a P/E ratio of 61.33, a P/E/G ratio of 1.98 and a beta of 1.19.

Howmet Aerospace (NYSE:HWM) last issued its quarterly earnings results on Thursday, May 7th. The company reported $1.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.11 by $0.11. Howmet Aerospace had a net margin of 20.23% and a return on equity of 29.27%. The company had revenue of $2.31 billion during the quarter, compared to the consensus estimate of $2.24 billion. During the same quarter in the previous year, the firm earned $0.86 earnings per share. The firm’s quarterly revenue was up 19.1% on a year-over-year basis. 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. As a group, research analysts forecast that Howmet Aerospace Inc. will post 5.04 EPS for the current fiscal year.

Howmet Aerospace Dividend Announcement

The company also recently declared 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 was Friday, May 8th. This represents a $0.48 dividend on an annualized basis and a yield of 0.2%. Howmet Aerospace’s payout ratio is currently 11.14%.

Insider Transactions at Howmet Aerospace

In related news, EVP Neil Edward Marchuk sold 41,932 shares of Howmet Aerospace stock in a transaction that occurred 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 owned 65,105 shares in the company, valued at $17,545,797.50. The trade was 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 through this hyperlink. 0.85% of the stock is owned by corporate insiders.

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.