Howmet Aerospace Inc. $HWM Shares Bought by Xponance LLC

Xponance LLC lifted its position in shares of Howmet Aerospace Inc. (NYSE:HWM) by 5.4% during the fourth quarter, HoldingsChannel reports. The fund owned 104,078 shares of the company’s stock after acquiring an additional 5,360 shares during the quarter. Xponance LLC’s holdings in Howmet Aerospace were worth $21,338,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. IFM Investors Pty Ltd grew its position in Howmet Aerospace by 0.5% during the fourth quarter. IFM Investors Pty Ltd now owns 73,331 shares of the company’s stock worth $15,034,000 after buying an additional 387 shares during the period. SmartHarvest Portfolios LLC purchased a new stake in shares of Howmet Aerospace in the fourth quarter valued at about $421,000. Stirlingshire Investments Inc. purchased a new stake in shares of Howmet Aerospace in the fourth quarter valued at about $371,000. Atlanta Consulting Group Advisors LLC purchased a new stake in shares of Howmet Aerospace in the fourth quarter valued at about $392,000. Finally, Meeder Asset Management Inc. lifted its holdings in shares of Howmet Aerospace by 215.8% in the fourth quarter. Meeder Asset Management Inc. now owns 180 shares of the company’s stock valued at $37,000 after purchasing an additional 123 shares in the last quarter. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, EVP Neil Edward Marchuk sold 41,932 shares of the company’s 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 completion of the transaction, the executive vice president owned 65,105 shares of the company’s stock, valued at approximately $17,545,797.50. This represents a 39.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.85% of the company’s stock.

Analysts Set New Price Targets

Several analysts have issued reports on HWM shares. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $280.00 price target on shares of Howmet Aerospace in a report on Tuesday, February 17th. Bank of America upped their price target on shares of Howmet Aerospace from $250.00 to $300.00 and gave the company a “buy” rating in a report on Friday, February 20th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $320.00 price target on shares of Howmet Aerospace in a report on Friday, May 8th. Susquehanna upped their price target on shares of Howmet Aerospace from $300.00 to $330.00 and gave the company a “positive” rating in a report on Friday, May 8th. Finally, Wolfe Research set a $270.00 price objective on shares of Howmet Aerospace and gave the company an “outperform” rating in a research note on Wednesday, March 11th. Eighteen equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $285.53.

Howmet Aerospace Stock Performance

Shares of HWM opened at $264.35 on Friday. Howmet Aerospace Inc. has a 1 year low of $168.50 and a 1 year high of $280.74. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.59 and a current ratio of 2.44. The company’s 50 day simple moving average is $252.95 and its 200 day simple moving average is $233.58. The company has a market capitalization of $105.77 billion, a price-to-earnings ratio of 61.33, a PEG ratio of 1.98 and a beta of 1.19.

Howmet Aerospace (NYSE:HWM) last issued its quarterly 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 firm had revenue of $2.31 billion during the quarter, compared to analyst estimates of $2.24 billion. During the same quarter in the prior year, the business posted $0.86 earnings per share. Howmet Aerospace’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. On average, sell-side analysts predict 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. Investors of record on Friday, May 8th were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Friday, May 8th. This represents a $0.48 annualized dividend and a yield of 0.2%. Howmet Aerospace’s dividend payout ratio is 11.14%.

Howmet Aerospace 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.