Kingdon Capital Management L.L.C. Makes New Investment in Howmet Aerospace Inc. $HWM

Kingdon Capital Management L.L.C. purchased a new stake in Howmet Aerospace Inc. (NYSE:HWM) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 55,000 shares of the company’s stock, valued at approximately $10,793,000. Howmet Aerospace makes up approximately 1.3% of Kingdon Capital Management L.L.C.’s holdings, making the stock its 25th largest position.

A number of other institutional investors and hedge funds also recently modified their holdings of HWM. Traub Capital Management LLC bought a new stake in shares of Howmet Aerospace during the 2nd quarter worth $25,000. Winnow Wealth LLC acquired a new stake in shares of Howmet Aerospace during the second quarter worth $25,000. Newbridge Financial Services Group Inc. lifted its holdings in shares of Howmet Aerospace by 119.7% during the second quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock valued at $25,000 after purchasing an additional 73 shares during the last quarter. Tradewinds Capital Management LLC lifted its holdings in shares of Howmet Aerospace by 52.0% during the third quarter. Tradewinds Capital Management LLC now owns 152 shares of the company’s stock valued at $30,000 after purchasing an additional 52 shares during the last quarter. Finally, Manning & Napier Advisors LLC acquired a new position in shares of Howmet Aerospace in the 3rd quarter valued at $32,000. Institutional investors and hedge funds own 90.46% of the company’s stock.

Wall Street Analysts Forecast Growth

HWM has been the topic of several recent analyst reports. Susquehanna boosted their price objective on Howmet Aerospace from $255.00 to $290.00 and gave the stock a “positive” rating in a report on Friday, February 13th. Morgan Stanley reiterated an “overweight” rating and issued a $280.00 target price on shares of Howmet Aerospace in a report on Friday, February 13th. Deutsche Bank Aktiengesellschaft set a $278.00 target price on shares of Howmet Aerospace and gave the stock a “buy” rating in a research report on Friday, February 13th. UBS Group boosted their price target on shares of Howmet Aerospace from $228.00 to $260.00 and gave the company a “neutral” rating in a report on Tuesday, February 17th. Finally, Jefferies Financial Group restated a “buy” rating and issued a $315.00 price target on shares of Howmet Aerospace in a research report on Sunday, February 15th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, Howmet Aerospace has a consensus rating of “Moderate Buy” and a consensus price target of $256.15.

Howmet Aerospace Price Performance

Shares of NYSE:HWM opened at $236.76 on Monday. The business has a fifty day simple moving average of $233.28 and a 200 day simple moving average of $208.95. The company has a current ratio of 2.13, a quick ratio of 1.09 and a debt-to-equity ratio of 0.53. Howmet Aerospace Inc. has a 1 year low of $105.04 and a 1 year high of $267.31. The firm has a market cap of $94.93 billion, a price-to-earnings ratio of 63.82, a P/E/G ratio of 2.19 and a beta of 1.20.

Howmet Aerospace (NYSE:HWM) last issued its quarterly earnings results on Thursday, February 12th. The company reported $1.05 EPS for the quarter, topping analysts’ consensus estimates 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 company’s quarterly revenue was up 14.6% compared to the same quarter last year. During the same period in the previous 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. As a group, sell-side analysts predict that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Dividend Announcement

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

Insiders Place Their Bets

In related news, VP Barbara Lou Shultz sold 1,000 shares of Howmet Aerospace stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $260.00, for a total transaction of $260,000.00. Following the completion of the sale, the vice president directly owned 23,874 shares of the company’s stock, valued at $6,207,240. The trade was a 4.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Neil Edward Marchuk sold 45,150 shares of the company’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $251.70, for a total value of $11,364,255.00. Following the completion of the sale, the executive vice president owned 107,008 shares of the company’s stock, valued at $26,933,913.60. This represents a 29.67% decrease in their position. The SEC filing for this sale provides additional information. 1.12% of the stock is currently owned by company 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.