Howmet Aerospace Inc. $HWM Holdings Boosted by Wealthfront Advisers LLC

Wealthfront Advisers LLC raised its stake in Howmet Aerospace Inc. (NYSE:HWM) by 2.9% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 92,532 shares of the company’s stock after acquiring an additional 2,615 shares during the period. Wealthfront Advisers LLC’s holdings in Howmet Aerospace were worth $21,325,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. D.A. Davidson & CO. raised its position in shares of Howmet Aerospace by 3.4% during the 1st quarter. D.A. Davidson & CO. now owns 15,477 shares of the company’s stock worth $3,567,000 after purchasing an additional 508 shares during the period. Beaumont Financial Advisors LLC grew its stake in Howmet Aerospace by 7.4% during the 1st quarter. Beaumont Financial Advisors LLC now owns 1,301 shares of the company’s stock worth $300,000 after buying an additional 90 shares during the last quarter. Marks Group Wealth Management Inc bought a new position in Howmet Aerospace during the 1st quarter worth $217,000. Illinois Municipal Retirement Fund increased its position in Howmet Aerospace by 10.3% in the first quarter. Illinois Municipal Retirement Fund now owns 5,658 shares of the company’s stock worth $1,304,000 after buying an additional 528 shares during the period. Finally, Harel Insurance Investments & Financial Services Ltd. increased its position in Howmet Aerospace by 38.6% in the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 75,014 shares of the company’s stock worth $17,288,000 after buying an additional 20,885 shares during the period. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on HWM shares. BTIG Research raised their target price on Howmet Aerospace from $275.00 to $300.00 and gave the company a “buy” rating in a research note on Friday, May 8th. Wells Fargo & Company initiated coverage on shares of Howmet Aerospace in a research report on Wednesday, April 1st. They set an “equal weight” rating and a $240.00 price target for the company. KeyCorp started coverage on shares of Howmet Aerospace in a report on Wednesday, March 25th. They issued a “sector weight” rating on the stock. Morgan Stanley reiterated an “overweight” rating and issued a $315.00 price objective on shares of Howmet Aerospace in a research report on Friday, May 8th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $320.00 target price on shares of Howmet Aerospace 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 stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $293.21.

Insider Transactions at Howmet Aerospace

In other Howmet Aerospace news, EVP Neil Edward Marchuk sold 41,932 shares of the firm’s stock in a transaction dated 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 transaction, 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.85% of the stock is owned by corporate insiders.

Howmet Aerospace Stock Down 3.0%

Shares of Howmet Aerospace stock opened at $270.97 on Friday. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.44 and a quick ratio of 1.59. Howmet Aerospace Inc. has a 1-year low of $169.45 and a 1-year high of $290.63. The business’s fifty day moving average price is $266.27 and its two-hundred day moving average price is $246.49. The company has a market capitalization of $108.42 billion, a P/E ratio of 62.87, a PEG ratio of 2.19 and a beta of 1.19.

Howmet Aerospace (NYSE:HWM) last released its quarterly earnings results on Thursday, May 7th. The company reported $1.22 earnings per share (EPS) for the quarter, topping 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%.The company’s revenue for the quarter was up 19.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $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. As a group, research analysts forecast that Howmet Aerospace Inc. will post 5.05 EPS for the current year.

Howmet Aerospace Announces Dividend

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

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.