Soltis Investment Advisors LLC Boosts Position in Howmet Aerospace Inc. $HWM

Soltis Investment Advisors LLC grew its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM) by 30.5% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 17,440 shares of the company’s stock after acquiring an additional 4,080 shares during the quarter. Soltis Investment Advisors LLC’s holdings in Howmet Aerospace were worth $3,576,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in HWM. Invesco Ltd. increased its stake in shares of Howmet Aerospace by 12.2% during the third quarter. Invesco Ltd. now owns 7,367,438 shares of the company’s stock valued at $1,445,712,000 after buying an additional 801,093 shares during the period. Vanguard Group Inc. boosted its position in shares of Howmet Aerospace by 1.4% during the third 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 in the last quarter. Federated Hermes Inc. boosted its position in shares of Howmet Aerospace by 140.7% during the third 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 in the last quarter. Franklin Resources Inc. boosted its position in shares of Howmet Aerospace by 116.7% during the third 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 in the last quarter. Finally, Danske Bank A S bought a new stake in shares of Howmet Aerospace during the third quarter valued at approximately $89,254,000. 90.46% of the stock is owned by hedge funds and other institutional investors.

Howmet Aerospace Trading Down 4.4%

Howmet Aerospace stock opened at $260.45 on Friday. The company has a current ratio of 2.44, a quick ratio of 1.59 and a debt-to-equity ratio of 0.73. The business’s fifty day simple moving average is $246.96 and its two-hundred day simple moving average is $226.47. Howmet Aerospace Inc. has a 12 month low of $160.01 and a 12 month high of $280.74. The company has a market capitalization of $104.21 billion, a price-to-earnings ratio of 60.43, a price-to-earnings-growth ratio of 2.07 and a beta of 1.19.

Howmet Aerospace (NYSE:HWM) last released 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 return on equity of 29.27% and a net margin of 20.23%.The business had revenue of $2.31 billion for the quarter, compared to the consensus estimate of $2.24 billion. During the same period in the previous year, the company posted $0.86 earnings per share. The company’s revenue for the quarter was up 19.1% compared to the same quarter last year. 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 analysts predict that Howmet Aerospace Inc. will post 5.02 earnings per share for the current fiscal year.

Howmet Aerospace Dividend Announcement

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

Insider Buying and Selling at Howmet Aerospace

In other Howmet Aerospace news, VP Barbara Lou Shultz sold 1,000 shares of the business’s stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $260.00, for a total value of $260,000.00. Following the sale, the vice president directly owned 23,874 shares of the company’s stock, valued at approximately $6,207,240. The trade was a 4.02% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Neil Edward Marchuk sold 41,932 shares of the business’s stock in a transaction on 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 completion of 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 88,082 shares of company stock worth $22,924,929 over the last three months. Corporate insiders own 0.85% of the company’s stock.

Analyst Ratings Changes

Several research firms recently weighed in on HWM. The Goldman Sachs Group set a $228.00 price target on Howmet Aerospace in a research report on Tuesday, February 17th. Morgan Stanley restated an “overweight” rating and set a $315.00 price target on shares of Howmet Aerospace in a research report on Friday, May 8th. Wolfe Research set a $270.00 price target on Howmet Aerospace and gave the company an “outperform” rating in a research report on Wednesday, March 11th. Susquehanna lifted their price target on Howmet Aerospace from $300.00 to $330.00 and gave the company a “positive” rating in a research report on Friday, May 8th. Finally, Truist Financial set a $280.00 price target on Howmet Aerospace in a research report on Wednesday, March 11th. Eighteen investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $283.84.

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.