Genus Capital Management Inc. Makes New $1.25 Million Investment in Howmet Aerospace Inc. $HWM

Genus Capital Management Inc. purchased a new position in shares of Howmet Aerospace Inc. (NYSE:HWM) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 6,100 shares of the company’s stock, valued at approximately $1,251,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Invesco Ltd. raised its holdings in shares of Howmet Aerospace by 12.2% in the 3rd quarter. Invesco Ltd. now owns 7,367,438 shares of the company’s stock valued at $1,445,712,000 after purchasing an additional 801,093 shares during the period. Vanguard Group Inc. raised its holdings in shares of Howmet Aerospace by 1.4% in the 3rd quarter. Vanguard Group Inc. now owns 49,139,989 shares of the company’s stock valued at $9,642,740,000 after purchasing an additional 664,595 shares during the period. Federated Hermes Inc. raised its holdings in shares of Howmet Aerospace by 140.7% in the 3rd quarter. Federated Hermes Inc. now owns 1,073,305 shares of the company’s stock valued at $210,615,000 after purchasing an additional 627,397 shares during the period. Franklin Resources Inc. raised its holdings in shares of Howmet Aerospace by 116.7% in the 3rd quarter. Franklin Resources Inc. now owns 917,241 shares of the company’s stock valued at $179,990,000 after purchasing an additional 493,872 shares during the period. Finally, Danske Bank A S bought a new stake in shares of Howmet Aerospace in the 3rd quarter valued at about $89,254,000. 90.46% of the stock is owned by institutional investors.

Howmet Aerospace Stock Down 0.0%

Shares of HWM opened at $256.52 on Tuesday. Howmet Aerospace Inc. has a 12 month low of $160.01 and a 12 month high of $280.74. The firm’s 50 day moving average is $247.72 and its 200-day moving average is $228.89. The stock has a market capitalization of $102.64 billion, a PE ratio of 59.52, a P/E/G ratio of 2.03 and a beta of 1.19. The company has a current ratio of 2.44, a quick ratio of 1.59 and a debt-to-equity ratio of 0.73.

Howmet Aerospace (NYSE:HWM) last announced its earnings results on Thursday, May 7th. The company reported $1.22 EPS 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 for the quarter, compared to analysts’ expectations of $2.24 billion. During the same period last year, the firm earned $0.86 earnings per share. The business’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. Equities research analysts forecast that Howmet Aerospace Inc. will post 5.04 EPS for the current year.

Howmet Aerospace Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, May 26th. Investors of record on Friday, May 8th will be given a dividend of $0.12 per share. The ex-dividend date is Friday, May 8th. This represents a $0.48 annualized dividend and a dividend yield of 0.2%. Howmet Aerospace’s dividend payout ratio (DPR) is currently 11.14%.

Wall Street Analyst Weigh In

HWM has been the topic of a number of research analyst reports. Citigroup upped their target price on shares of Howmet Aerospace from $271.00 to $303.00 and gave the company a “buy” rating in a report on Monday, May 18th. Royal Bank Of Canada upped their target price on shares of Howmet Aerospace from $275.00 to $300.00 and gave the company an “outperform” rating in a report on Wednesday, March 11th. BNP Paribas Exane reaffirmed an “outperform” rating and issued a $340.00 target price (up from $265.00) on shares of Howmet Aerospace in a report on Friday, May 8th. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $280.00 target price on shares of Howmet Aerospace in a report on Tuesday, February 17th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a $320.00 target price on shares of Howmet Aerospace in a report on Sunday, May 10th. Eighteen investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $285.53.

Insider Activity at Howmet Aerospace

In related news, EVP Neil Edward Marchuk sold 41,932 shares of the stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $269.50, for a total transaction of $11,300,674.00. Following the sale, the executive vice president owned 65,105 shares in the company, valued at approximately $17,545,797.50. This trade represents a 39.18% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Barbara Lou Shultz sold 1,000 shares of the stock in a transaction that occurred 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 sale, the vice president owned 23,874 shares in the company, valued at $6,207,240. This represents a 4.02% decrease in their position. The disclosure for this sale is available in the SEC filing. Company 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.