Howmet Aerospace Inc. $HWM Shares Bought by Wealthfront Advisers LLC

Wealthfront Advisers LLC lifted its position in Howmet Aerospace Inc. (NYSE:HWM) by 2.9% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 92,532 shares of the company’s stock after buying an additional 2,615 shares during the period. Wealthfront Advisers LLC’s holdings in Howmet Aerospace were worth $21,325,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Newbridge Financial Services Group Inc. raised 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 acquiring an additional 73 shares in the last quarter. Acumen Wealth Advisors LLC bought a new stake in shares of Howmet Aerospace in the 4th quarter worth approximately $25,000. Sound Income Strategies LLC raised its holdings 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 worth $28,000 after purchasing an additional 50 shares in the last quarter. Cornerstone Financial Management LLC acquired a new stake in Howmet Aerospace during the fourth quarter valued at approximately $28,000. Finally, Vermillion & White Wealth Management Group LLC boosted its holdings in Howmet Aerospace by 65.1% during the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 137 shares of the company’s stock worth $28,000 after buying an additional 54 shares in the last quarter. Institutional investors and hedge funds own 90.46% of the company’s stock.

Howmet Aerospace Stock Down 3.0%

Howmet Aerospace stock opened at $270.97 on Friday. Howmet Aerospace Inc. has a twelve month low of $169.45 and a twelve month high of $290.63. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.59 and a current ratio of 2.44. The firm has a market cap of $108.42 billion, a PE ratio of 62.87, a P/E/G ratio of 2.19 and a beta of 1.19. The firm’s 50 day moving average price is $266.27 and its two-hundred day moving average price is $246.49.

Howmet Aerospace (NYSE:HWM) last issued its earnings results on Thursday, May 7th. The company reported $1.22 earnings per share (EPS) for the quarter, beating 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 analyst estimates of $2.24 billion. During the same quarter last year, the business posted $0.86 EPS. The company’s revenue for the quarter 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, research analysts predict that Howmet Aerospace Inc. will post 5.05 EPS for the current fiscal year.

Howmet Aerospace Dividend Announcement

The company also recently disclosed 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 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Friday, May 8th. Howmet Aerospace’s dividend payout ratio (DPR) 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 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 completion of the sale, the executive vice president owned 65,105 shares of the company’s stock, valued at approximately $17,545,797.50. This trade represents a 39.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.85% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on HWM shares. Susquehanna increased their price objective on Howmet Aerospace from $300.00 to $330.00 and gave the company a “positive” rating in a research report on Friday, May 8th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Howmet Aerospace in a report on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $320.00 price target on shares of Howmet Aerospace in a research note on Friday, May 8th. Citigroup upped their price objective on shares of Howmet Aerospace from $303.00 to $311.00 and gave the company a “buy” rating in a research note on Wednesday, July 1st. Finally, TD Cowen lifted their target price on shares of Howmet Aerospace from $300.00 to $320.00 and gave the stock a “buy” rating in a research report on Monday. Eighteen equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $293.21.

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.