Moran Wealth Management LLC Trims Position in Howmet Aerospace Inc. $HWM

Moran Wealth Management LLC reduced its position in Howmet Aerospace Inc. (NYSE:HWM) by 10.9% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 158,056 shares of the company’s stock after selling 19,252 shares during the period. Howmet Aerospace accounts for about 1.1% of Moran Wealth Management LLC’s investment portfolio, making the stock its 8th biggest position. Moran Wealth Management LLC’s holdings in Howmet Aerospace were worth $36,426,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Norges Bank purchased a new position in Howmet Aerospace during the 4th quarter valued at approximately $1,793,698,000. Price T Rowe Associates Inc. MD increased its stake in Howmet Aerospace by 27.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 16,632,206 shares of the company’s stock worth $3,409,936,000 after acquiring an additional 3,531,700 shares during the last quarter. Auto Owners Insurance Co raised its holdings in shares of Howmet Aerospace by 20,402.0% during the 4th quarter. Auto Owners Insurance Co now owns 1,441,906 shares of the company’s stock worth $29,562,000 after acquiring an additional 1,434,873 shares in the last quarter. Invesco Ltd. raised its holdings in shares of Howmet Aerospace by 12.2% during the 3rd 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 in the last quarter. Finally, Goldman Sachs Group Inc. boosted its position in shares of Howmet Aerospace by 27.8% during the 4th quarter. Goldman Sachs Group Inc. now owns 2,754,204 shares of the company’s stock valued at $564,667,000 after acquiring an additional 599,151 shares during the last quarter. 90.46% of the stock is owned by institutional investors.

Howmet Aerospace Price Performance

Howmet Aerospace stock opened at $270.59 on Friday. Howmet Aerospace Inc. has a 12-month low of $169.45 and a 12-month high of $290.63. The company has a current ratio of 2.44, a quick ratio of 1.59 and a debt-to-equity ratio of 0.73. The firm has a 50-day moving average price of $261.39 and a 200-day moving average price of $241.77. The firm has a market capitalization of $108.26 billion, a PE ratio of 62.78, a price-to-earnings-growth ratio of 2.14 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 EPS for the quarter, beating 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 for the quarter, compared to the consensus estimate of $2.24 billion. During the same period in the prior year, the firm posted $0.86 EPS. The firm’s 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. As a group, equities research analysts forecast that Howmet Aerospace Inc. will post 5.05 EPS for the current year.

Howmet Aerospace Announces Dividend

The firm also recently announced 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. This represents a $0.48 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Friday, May 8th. Howmet Aerospace’s payout ratio is 11.14%.

Insider Activity at Howmet Aerospace

In other 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 transaction, the executive vice president owned 65,105 shares of the company’s stock, valued at approximately $17,545,797.50. This represents a 39.18% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 0.85% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on HWM. Wolfe Research set a $270.00 target price on shares of Howmet Aerospace and gave the company an “outperform” rating in a report on Wednesday, March 11th. BNP Paribas Exane reaffirmed an “outperform” rating and set a $340.00 price target (up from $265.00) on shares of Howmet Aerospace in a research note on Friday, May 8th. KeyCorp initiated coverage on shares of Howmet Aerospace in a research report on Wednesday, March 25th. They set a “sector weight” rating for the company. BTIG Research increased their price objective on shares of Howmet Aerospace from $275.00 to $300.00 and gave the company a “buy” rating in a research report on Friday, May 8th. Finally, Royal Bank Of Canada lifted their price objective on shares of Howmet Aerospace from $275.00 to $300.00 and gave the stock an “outperform” rating in a research note 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. According to data from MarketBeat, Howmet Aerospace currently has an average rating of “Moderate Buy” and an average target price of $287.95.

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.