Meeder Asset Management Inc. Buys 2,920 Shares of Howmet Aerospace Inc. $HWM

Meeder Asset Management Inc. raised its stake in Howmet Aerospace Inc. (NYSE:HWM) by 1,622.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,100 shares of the company’s stock after acquiring an additional 2,920 shares during the period. Meeder Asset Management Inc.’s holdings in Howmet Aerospace were worth $714,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. UMB Bank n.a. boosted its stake in Howmet Aerospace by 2.6% during the 4th quarter. UMB Bank n.a. now owns 1,620 shares of the company’s stock valued at $332,000 after purchasing an additional 41 shares during the last quarter. Tudor Financial Inc. raised its stake in shares of Howmet Aerospace by 2.6% in the fourth quarter. Tudor Financial Inc. now owns 1,650 shares of the company’s stock worth $338,000 after purchasing an additional 42 shares during the last quarter. Physician Wealth Advisors Inc. raised its stake in shares of Howmet Aerospace by 2.5% in the first quarter. Physician Wealth Advisors Inc. now owns 1,730 shares of the company’s stock worth $399,000 after purchasing an additional 42 shares during the last quarter. Roman Butler Fullerton & Co. lifted its holdings in shares of Howmet Aerospace by 0.4% during the first quarter. Roman Butler Fullerton & Co. now owns 10,537 shares of the company’s stock valued at $2,634,000 after purchasing an additional 42 shares in the last quarter. Finally, Parkside Financial Bank & Trust raised its holdings in shares of Howmet Aerospace by 4.1% during the fourth quarter. Parkside Financial Bank & Trust now owns 1,077 shares of the company’s stock valued at $221,000 after purchasing an additional 42 shares during the last quarter. Institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Price Performance

Shares of Howmet Aerospace stock opened at $272.20 on Tuesday. The company has a market capitalization of $108.91 billion, a price-to-earnings ratio of 63.16, a PEG ratio of 2.14 and a beta of 1.19. 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 stock’s 50-day simple moving average is $266.28 and its 200-day simple moving average is $247.39. Howmet Aerospace Inc. has a 52 week low of $169.45 and a 52 week high of $290.63.

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 the consensus estimate of $1.11 by $0.11. Howmet Aerospace had a return on equity of 29.27% and a net margin of 20.23%.The company had revenue of $2.31 billion for the quarter, compared to the consensus estimate of $2.24 billion. During the same quarter last year, the company earned $0.86 EPS. The firm’s quarterly 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. As a group, analysts expect that Howmet Aerospace Inc. will post 5.05 earnings per share for the current fiscal year.

Howmet Aerospace Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, May 26th. Stockholders of record on Friday, May 8th were given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date was Friday, May 8th. Howmet Aerospace’s dividend payout ratio is currently 11.14%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on HWM shares. Susquehanna raised their target price on shares of Howmet Aerospace from $300.00 to $330.00 and gave the stock a “positive” rating in a report on Friday, May 8th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $320.00 price target on shares of Howmet Aerospace in a research note on Friday, May 8th. 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 report on Friday, May 8th. Wells Fargo & Company started coverage on Howmet Aerospace in a research note on Wednesday, April 1st. They issued an “equal weight” rating and a $240.00 price objective for the company. Finally, UBS Group upped their price objective on Howmet Aerospace from $260.00 to $290.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. Eighteen research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $293.21.

Insider Activity at Howmet Aerospace

In related news, EVP Neil Edward Marchuk sold 41,932 shares of the firm’s stock in a transaction on Monday, May 11th. The shares were 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 directly 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 SEC, which can be accessed through this hyperlink. Corporate insiders own 0.85% of the company’s stock.

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.