Fortem Financial Group LLC Has $3.29 Million Holdings in Howmet Aerospace Inc. $HWM

Fortem Financial Group LLC increased its position in shares of Howmet Aerospace Inc. (NYSE:HWM) by 18.0% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 14,259 shares of the company’s stock after purchasing an additional 2,180 shares during the period. Fortem Financial Group LLC’s holdings in Howmet Aerospace were worth $3,286,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. Newbridge Financial Services Group Inc. boosted its stake in Howmet Aerospace by 119.7% during 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 in the last quarter. Acumen Wealth Advisors LLC acquired a new position in shares of Howmet Aerospace in the 4th quarter valued at $25,000. Sound Income Strategies LLC raised its stake in shares of Howmet Aerospace by 66.7% in the 4th quarter. Sound Income Strategies LLC now owns 125 shares of the company’s stock valued at $28,000 after buying an additional 50 shares in the last quarter. Cornerstone Financial Management LLC bought a new position in shares of Howmet Aerospace during the 4th quarter worth about $28,000. Finally, Vermillion & White Wealth Management Group LLC boosted its position in shares of Howmet Aerospace by 65.1% during the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 137 shares of the company’s stock valued at $28,000 after acquiring an additional 54 shares in the last quarter. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Howmet Aerospace news, EVP Neil Edward Marchuk sold 41,932 shares of Howmet Aerospace stock in a transaction on Monday, May 11th. The stock was 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 approximately $17,545,797.50. The trade was a 39.18% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.85% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages have commented on HWM. KeyCorp started coverage on shares of Howmet Aerospace in a research note on Wednesday, March 25th. They set a “sector weight” rating for the company. Jefferies Financial Group reiterated a “buy” rating and issued a $320.00 price objective on shares of Howmet Aerospace in a research note on Sunday, May 10th. Wells Fargo & Company initiated coverage on Howmet Aerospace in a report on Wednesday, April 1st. They issued an “equal weight” rating and a $240.00 target price for the company. Morgan Stanley restated an “overweight” rating and set a $315.00 target price on shares of Howmet Aerospace in a research report on Friday, May 8th. Finally, Wolfe Research set a $270.00 price target on Howmet Aerospace and gave the company an “outperform” rating in a research report on Wednesday, March 11th. Eighteen analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $287.53.

Howmet Aerospace Price Performance

NYSE:HWM opened at $278.25 on Friday. The firm has a market cap of $111.33 billion, a PE ratio of 64.56, a price-to-earnings-growth ratio of 2.20 and a beta of 1.19. Howmet Aerospace Inc. has a 12 month low of $169.06 and a 12 month high of $290.63. 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’s 50-day moving average price is $257.48 and its two-hundred day moving average price is $236.39.

Howmet Aerospace (NYSE:HWM) last posted its quarterly earnings data on Thursday, May 7th. The company reported $1.22 earnings per share for the quarter, topping the consensus estimate 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 analyst estimates of $2.24 billion. During the same quarter last year, the business posted $0.86 earnings per share. The company’s 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. On average, equities analysts anticipate that Howmet Aerospace Inc. will post 5.04 EPS for the current fiscal year.

Howmet Aerospace Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, May 26th. Investors of record on Friday, May 8th were issued a dividend of $0.12 per share. 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, May 8th. Howmet Aerospace’s dividend payout ratio (DPR) is currently 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.