Cumberland Partners Ltd Has $5.07 Million Stake in Howmet Aerospace Inc. $HWM

Cumberland Partners Ltd lowered its stake in shares of Howmet Aerospace Inc. (NYSE:HWM) by 48.4% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 22,005 shares of the company’s stock after selling 20,665 shares during the period. Cumberland Partners Ltd’s holdings in Howmet Aerospace were worth $5,071,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Healthcare of Ontario Pension Plan Trust Fund raised its position in shares of Howmet Aerospace by 58.4% in the 1st quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 25,182 shares of the company’s stock valued at $5,803,000 after acquiring an additional 9,288 shares during the period. Dai ichi Life Insurance Company Ltd grew its holdings in Howmet Aerospace by 54.8% during the first quarter. Dai ichi Life Insurance Company Ltd now owns 42,367 shares of the company’s stock valued at $9,764,000 after purchasing an additional 15,005 shares during the period. Renaissance Technologies LLC increased its stake in Howmet Aerospace by 131.0% in the first quarter. Renaissance Technologies LLC now owns 429,488 shares of the company’s stock valued at $98,980,000 after purchasing an additional 243,600 shares in the last quarter. Gabelli Funds LLC increased its stake in Howmet Aerospace by 1.9% in the first quarter. Gabelli Funds LLC now owns 136,791 shares of the company’s stock valued at $31,525,000 after purchasing an additional 2,490 shares in the last quarter. Finally, Pennington Partners & CO. LLC bought a new stake in Howmet Aerospace in the first quarter valued at approximately $220,000. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Howmet Aerospace Stock Up 0.7%

Shares of HWM stock opened at $289.09 on Friday. The firm has a fifty day moving average of $267.50 and a 200-day moving average of $249.26. The company has a quick ratio of 1.59, a current ratio of 2.44 and a debt-to-equity ratio of 0.73. Howmet Aerospace Inc. has a 12-month low of $169.45 and a 12-month high of $293.00. The company has a market capitalization of $115.67 billion, a price-to-earnings ratio of 67.07, a P/E/G ratio of 2.25 and a beta of 1.19.

Howmet Aerospace (NYSE:HWM) last posted its quarterly earnings data on Thursday, May 7th. The company reported $1.22 EPS for the quarter, beating the consensus estimate of $1.11 by $0.11. The business had revenue of $2.31 billion for the quarter, compared to analysts’ expectations of $2.24 billion. Howmet Aerospace had a net margin of 20.23% and a return on equity of 29.27%. The firm’s revenue was up 19.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.86 EPS. 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 predict that Howmet Aerospace Inc. will post 5.05 earnings per share for the current fiscal year.

Analysts Set New Price Targets

HWM has been the topic of a number of recent analyst reports. Jefferies Financial Group lifted their price target on shares of Howmet Aerospace from $320.00 to $340.00 and gave the stock a “buy” rating in a research report on Thursday, July 9th. Wells Fargo & Company initiated coverage on Howmet Aerospace in a research note on Wednesday, April 1st. They set an “equal weight” rating and a $240.00 price objective on the stock. Morgan Stanley reiterated an “overweight” rating and set a $315.00 target price on shares of Howmet Aerospace in a report on Friday, May 8th. TD Cowen boosted their target price on Howmet Aerospace from $300.00 to $320.00 and gave the company a “buy” rating in a research note on Monday, July 13th. Finally, UBS Group increased their price target on Howmet Aerospace from $260.00 to $290.00 and gave the stock a “neutral” rating in a report on Friday, May 8th. Eighteen equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $293.21.

Insider Activity

In other news, EVP Neil Edward Marchuk sold 41,932 shares of the business’s stock in a transaction dated 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 sale, the executive vice president directly owned 65,105 shares in the company, valued at $17,545,797.50. The trade was a 39.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.85% of the stock is owned by corporate insiders.

Howmet Aerospace Company 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.