Creekmur Asset Management LLC Purchases 3,354 Shares of Howmet Aerospace Inc. $HWM

Creekmur Asset Management LLC grew its position in shares of Howmet Aerospace Inc. (NYSE:HWM) by 1,439.5% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,587 shares of the company’s stock after acquiring an additional 3,354 shares during the quarter. Creekmur Asset Management LLC’s holdings in Howmet Aerospace were worth $704,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in HWM. Brighton Jones LLC boosted its holdings in Howmet Aerospace by 5.4% during the fourth quarter. Brighton Jones LLC now owns 2,548 shares of the company’s stock worth $279,000 after purchasing an additional 130 shares during the last quarter. Acadian Asset Management LLC bought a new stake in Howmet Aerospace during the 1st quarter worth about $399,000. Sivia Capital Partners LLC acquired a new position in shares of Howmet Aerospace during the 2nd quarter worth about $216,000. Ashton Thomas Private Wealth LLC acquired a new position in shares of Howmet Aerospace during the 2nd quarter worth about $261,000. Finally, World Investment Advisors acquired a new position in shares of Howmet Aerospace during the 2nd quarter worth about $892,000. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Howmet Aerospace Stock Performance

HWM opened at $262.12 on Friday. The company has a quick ratio of 1.09, a current ratio of 2.13 and a debt-to-equity ratio of 0.53. Howmet Aerospace Inc. has a 12-month low of $105.04 and a 12-month high of $262.63. The business has a 50 day moving average of $224.60 and a 200-day moving average of $203.16. The stock has a market cap of $105.10 billion, a price-to-earnings ratio of 70.65, a PEG ratio of 2.43 and a beta of 1.26.

Howmet Aerospace (NYSE:HWM) last posted its quarterly earnings results on Thursday, February 12th. The company reported $1.05 earnings per share for the quarter, beating analysts’ consensus estimates of $0.97 by $0.08. Howmet Aerospace had a return on equity of 30.41% and a net margin of 18.27%.The business had revenue of $2.17 billion for the quarter, compared to analysts’ expectations of $2.12 billion. During the same quarter in the prior year, the business earned $0.77 EPS. The firm’s revenue for the quarter was up 14.6% on a year-over-year basis. Howmet Aerospace has set its Q1 2026 guidance at 1.090-1.110 EPS and its FY 2026 guidance at 4.350-4.550 EPS. On average, equities research analysts expect that Howmet Aerospace Inc. will post 3.27 earnings per share for the current year.

Howmet Aerospace Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, February 25th. Stockholders of record on Friday, February 6th were paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date was Friday, February 6th. Howmet Aerospace’s dividend payout ratio (DPR) is currently 12.94%.

Insider Activity

In other news, VP Barbara Lou Shultz sold 1,000 shares of the company’s stock in a transaction that occurred 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 transaction, the vice president owned 23,874 shares of the company’s stock, valued at approximately $6,207,240. This represents a 4.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Neil Edward Marchuk sold 45,150 shares of the stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $251.70, for a total value of $11,364,255.00. Following the transaction, the executive vice president owned 107,008 shares in the company, valued at approximately $26,933,913.60. This trade represents a 29.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.04% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently issued reports on HWM shares. Truist Financial set a $258.00 target price on Howmet Aerospace in a research report on Friday, January 9th. JPMorgan Chase & Co. boosted their price target on Howmet Aerospace from $227.00 to $265.00 and gave the stock an “overweight” rating in a research report on Thursday, February 19th. Deutsche Bank Aktiengesellschaft set a $278.00 price target on Howmet Aerospace and gave the stock a “buy” rating in a research report on Friday, February 13th. Weiss Ratings reissued a “buy (b)” rating on shares of Howmet Aerospace in a report on Thursday, January 22nd. Finally, BNP Paribas Exane began coverage on shares of Howmet Aerospace in a report on Tuesday, November 18th. They set an “outperform” rating and a $240.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $252.95.

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.