Diversify Wealth Management LLC Invests $681,000 in Howmet Aerospace Inc. $HWM

Diversify Wealth Management LLC acquired a new position in shares of Howmet Aerospace Inc. (NYSE:HWM) in the first quarter, according to its most recent disclosure with the SEC. The firm acquired 2,879 shares of the company’s stock, valued at approximately $681,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Norges Bank acquired a new position in shares of Howmet Aerospace during the 4th quarter worth $1,793,698,000. Price T Rowe Associates Inc. MD increased its holdings in shares of Howmet Aerospace by 27.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 16,632,206 shares of the company’s stock valued at $3,409,936,000 after purchasing an additional 3,531,700 shares in the last quarter. Auto Owners Insurance Co lifted its stake in shares of Howmet Aerospace by 20,402.0% in the fourth quarter. Auto Owners Insurance Co now owns 1,441,906 shares of the company’s stock valued at $29,562,000 after purchasing an additional 1,434,873 shares during the period. Goldman Sachs Group Inc. lifted its stake in shares of Howmet Aerospace by 27.8% in the fourth quarter. Goldman Sachs Group Inc. now owns 2,754,204 shares of the company’s stock valued at $564,667,000 after purchasing an additional 599,151 shares during the period. Finally, Franklin Resources Inc. boosted its holdings in Howmet Aerospace by 56.3% during the fourth quarter. Franklin Resources Inc. now owns 1,433,811 shares of the company’s stock worth $293,960,000 after buying an additional 516,570 shares in the last quarter. 90.46% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms recently weighed in on HWM. KeyCorp assumed coverage on Howmet Aerospace in a report on Wednesday, March 25th. They issued a “sector weight” rating on the stock. Wall Street Zen cut Howmet Aerospace from a “strong-buy” rating to a “buy” rating in a report on Sunday, July 5th. JPMorgan Chase & Co. boosted their target price on Howmet Aerospace from $265.00 to $310.00 and gave the stock an “overweight” rating in a research report on Monday, May 11th. Sanford C. Bernstein reissued an “outperform” rating and issued a $318.00 target price on shares of Howmet Aerospace in a report on Tuesday, June 16th. Finally, BTIG Research raised their price target on Howmet Aerospace from $275.00 to $300.00 and gave the company a “buy” rating in a research report on Friday, May 8th. Eighteen equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Howmet Aerospace presently has an average rating of “Moderate Buy” and an average price target of $293.21.

Howmet Aerospace Stock Down 3.0%

Shares of Howmet Aerospace stock opened at $270.97 on Friday. The company has a fifty day moving average price of $266.27 and a 200 day moving average price of $246.49. The company has a current ratio of 2.44, a quick ratio of 1.59 and a debt-to-equity ratio of 0.73. Howmet Aerospace Inc. has a twelve month low of $169.45 and a twelve month high of $290.63. The stock has a market cap of $108.42 billion, a price-to-earnings ratio of 62.87, a price-to-earnings-growth ratio of 2.19 and a beta of 1.19.

Howmet Aerospace (NYSE:HWM) last issued its quarterly earnings data on Thursday, May 7th. The company reported $1.22 earnings per share (EPS) 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 the consensus estimate of $2.24 billion. Howmet Aerospace had a net margin of 20.23% and a return on equity of 29.27%. Howmet Aerospace’s revenue for the quarter was up 19.1% on a year-over-year basis. During the same quarter last year, the company 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. Equities research analysts forecast that Howmet Aerospace Inc. will post 5.05 earnings per share for the current fiscal year.

Howmet Aerospace Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, May 26th. Stockholders 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 dividend yield of 0.2%. Howmet Aerospace’s dividend payout ratio (DPR) is presently 11.14%.

Insider Buying and Selling

In other Howmet Aerospace news, EVP Neil Edward Marchuk sold 41,932 shares of the stock in a transaction that occurred on Monday, May 11th. The stock was 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 $17,545,797.50. This trade represents a 39.18% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 0.85% of the company’s stock.

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.