Fortem Financial Group LLC Has $3.29 Million Stock Holdings in Howmet Aerospace Inc. $HWM

Fortem Financial Group LLC grew its holdings in Howmet Aerospace Inc. (NYSE:HWM) by 18.0% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 14,259 shares of the company’s stock after acquiring an additional 2,180 shares during the period. Fortem Financial Group LLC’s holdings in Howmet Aerospace were worth $3,286,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Acumen Wealth Advisors LLC acquired a new stake in shares of Howmet Aerospace in the 4th quarter valued at $25,000. Sound Income Strategies LLC increased its position in Howmet Aerospace by 66.7% during the fourth quarter. Sound Income Strategies LLC now owns 125 shares of the company’s stock worth $28,000 after buying an additional 50 shares during the last quarter. Newbridge Financial Services Group Inc. raised its holdings in Howmet Aerospace by 119.7% during the second quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock valued at $25,000 after buying an additional 73 shares in the last quarter. Vermillion & White Wealth Management Group LLC raised 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 valued at $28,000 after buying an additional 54 shares in the last quarter. Finally, Mcguire Capital Advisors Inc. bought a new stake in shares of Howmet Aerospace during the 4th quarter worth about $28,000. Institutional investors and hedge funds own 90.46% of the company’s stock.

Howmet Aerospace Stock Performance

Shares of NYSE HWM opened at $278.25 on Friday. Howmet Aerospace Inc. has a 12 month low of $169.06 and a 12 month high of $290.63. The company has a market cap of $111.33 billion, a P/E ratio of 64.56, a P/E/G ratio of 2.20 and a beta of 1.19. The business’s 50 day moving average is $257.48 and its two-hundred day moving average is $236.39. 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 (NYSE:HWM) last posted its quarterly earnings data on Thursday, May 7th. The company reported $1.22 earnings per share for the quarter, beating the consensus estimate of $1.11 by $0.11. The company had revenue of $2.31 billion during the quarter, compared to analysts’ expectations of $2.24 billion. Howmet Aerospace had a return on equity of 29.27% and a net margin of 20.23%.Howmet Aerospace’s revenue for the quarter was up 19.1% compared to the same quarter last year. During the same period in the prior year, the business earned $0.86 earnings per share. 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, equities analysts expect that Howmet Aerospace Inc. will post 5.04 EPS for the current year.

Howmet Aerospace Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, May 26th. Shareholders of record on Friday, May 8th were issued a $0.12 dividend. The ex-dividend date of this dividend was Friday, May 8th. This represents a $0.48 dividend on an annualized basis and a yield of 0.2%. Howmet Aerospace’s dividend payout ratio is 11.14%.

Insiders Place Their Bets

In other Howmet Aerospace 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 sale, the executive vice president directly owned 65,105 shares in the company, valued at $17,545,797.50. This trade represents a 39.18% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.85% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

HWM has been the topic of a number of analyst reports. UBS Group increased their price objective on Howmet Aerospace from $260.00 to $290.00 and gave the company a “neutral” rating in a report on Friday, May 8th. Wolfe Research set a $270.00 target price on Howmet Aerospace and gave the stock an “outperform” rating in a report on Wednesday, March 11th. Jefferies Financial Group reaffirmed a “buy” rating and set a $320.00 target price on shares of Howmet Aerospace in a research report on Sunday, May 10th. BNP Paribas Exane reiterated an “outperform” rating and set a $340.00 price target (up from $265.00) on shares of Howmet Aerospace in a report on Friday, May 8th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Howmet Aerospace from $265.00 to $310.00 and gave the company an “overweight” rating in a research report on Monday, May 11th. Eighteen research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, Howmet Aerospace presently has an average rating of “Moderate Buy” and an average price target of $287.53.

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.