Rafferty Asset Management LLC Raises Stake in Howmet Aerospace Inc. $HWM

Rafferty Asset Management LLC increased its stake in shares of Howmet Aerospace Inc. (NYSE:HWM) by 4.6% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 92,430 shares of the company’s stock after buying an additional 4,103 shares during the period. Rafferty Asset Management LLC’s holdings in Howmet Aerospace were worth $18,138,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in HWM. Traub Capital Management LLC purchased a new stake in shares of Howmet Aerospace during the 2nd quarter worth approximately $25,000. Winnow Wealth LLC bought a new position in Howmet Aerospace during the second quarter valued at $25,000. Newbridge Financial Services Group Inc. increased its position in Howmet Aerospace by 119.7% in the second quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock worth $25,000 after buying an additional 73 shares during the last quarter. Tradewinds Capital Management LLC raised its stake in shares of Howmet Aerospace by 52.0% in the third quarter. Tradewinds Capital Management LLC now owns 152 shares of the company’s stock valued at $30,000 after buying an additional 52 shares during the period. Finally, Manning & Napier Advisors LLC purchased a new position in shares of Howmet Aerospace during the 3rd quarter valued at $32,000. Institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Stock Up 0.7%

HWM opened at $262.12 on Friday. The firm has a market capitalization of $105.10 billion, a P/E ratio of 70.65, a price-to-earnings-growth ratio of 2.43 and a beta of 1.26. Howmet Aerospace Inc. has a one year low of $105.04 and a one year high of $262.63. The company has a fifty day moving average price of $224.60 and a 200-day moving average price of $203.16. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.13 and a quick ratio of 1.09.

Howmet Aerospace (NYSE:HWM) last posted its quarterly earnings data on Thursday, February 12th. The company reported $1.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.97 by $0.08. The company had revenue of $2.17 billion during the quarter, compared to analyst estimates of $2.12 billion. Howmet Aerospace had a return on equity of 30.41% and a net margin of 18.27%.The firm’s quarterly revenue was up 14.6% on a year-over-year basis. During the same quarter last year, the company earned $0.77 earnings per share. Howmet Aerospace has set its Q1 2026 guidance at 1.090-1.110 EPS and its FY 2026 guidance at 4.350-4.550 EPS. Equities research analysts expect that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, February 25th. Investors of record on Friday, February 6th were paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend was Friday, February 6th. Howmet Aerospace’s dividend payout ratio (DPR) is currently 12.94%.

Wall Street Analysts Forecast Growth

HWM has been the subject of several recent research reports. Sanford C. Bernstein reissued an “outperform” rating and issued a $280.00 price objective on shares of Howmet Aerospace in a report on Tuesday, February 17th. Wall Street Zen upgraded shares of Howmet Aerospace from a “hold” rating to a “buy” rating in a research note on Sunday, January 18th. Truist Financial set a $258.00 price target on shares of Howmet Aerospace in a research report on Friday, January 9th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $275.00 price objective on shares of Howmet Aerospace in a report on Friday, February 13th. Finally, UBS Group lifted their price objective on shares of Howmet Aerospace from $228.00 to $260.00 and gave the company a “neutral” rating in a research note on Tuesday, February 17th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $252.95.

Insider Activity at Howmet Aerospace

In other news, VP Barbara Lou Shultz sold 1,000 shares of the stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $260.00, for a total value of $260,000.00. Following the transaction, the vice president owned 23,874 shares of the company’s stock, valued at $6,207,240. This represents a 4.02% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Neil Edward Marchuk sold 45,150 shares of the firm’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $251.70, for a total transaction of $11,364,255.00. Following the sale, the executive vice president owned 107,008 shares in the company, valued at approximately $26,933,913.60. This trade represents a 29.67% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 1.04% of the company’s stock.

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.