Cresset Asset Management LLC Boosts Holdings in Howmet Aerospace Inc. $HWM

Cresset Asset Management LLC boosted its holdings in Howmet Aerospace Inc. (NYSE:HWM) by 59.9% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,874 shares of the company’s stock after purchasing an additional 4,073 shares during the quarter. Cresset Asset Management LLC’s holdings in Howmet Aerospace were worth $2,134,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of HWM. Global Trust Asset Management LLC raised its position in shares of Howmet Aerospace by 1.2% during the 3rd quarter. Global Trust Asset Management LLC now owns 4,110 shares of the company’s stock valued at $807,000 after buying an additional 50 shares in the last quarter. REAP Financial Group LLC lifted its holdings in shares of Howmet Aerospace by 24.1% in the 3rd quarter. REAP Financial Group LLC now owns 263 shares of the company’s stock valued at $52,000 after acquiring an additional 51 shares during the last quarter. Tradewinds Capital Management LLC grew its position in Howmet Aerospace by 52.0% in the third quarter. Tradewinds Capital Management LLC now owns 152 shares of the company’s stock worth $30,000 after acquiring an additional 52 shares in the last quarter. Wedbush Securities Inc. increased its stake in Howmet Aerospace by 1.4% during the third quarter. Wedbush Securities Inc. now owns 3,885 shares of the company’s stock worth $762,000 after acquiring an additional 52 shares during the last quarter. Finally, Mystic Asset Management Inc. raised its position in Howmet Aerospace by 2.6% during the third quarter. Mystic Asset Management Inc. now owns 2,154 shares of the company’s stock valued at $423,000 after purchasing an additional 55 shares during the period. Institutional investors own 90.46% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on HWM shares. Bank of America raised their price objective on Howmet Aerospace from $250.00 to $300.00 and gave the company a “buy” rating in a research note on Friday, February 20th. The Goldman Sachs Group set a $228.00 target price on Howmet Aerospace in a research report on Tuesday, February 17th. Wall Street Zen upgraded shares of Howmet Aerospace from a “hold” rating to a “buy” rating in a research report on Sunday, January 18th. Susquehanna increased their price objective on shares of Howmet Aerospace from $255.00 to $290.00 and gave the stock a “positive” rating in a research report on Friday, February 13th. Finally, Morgan Stanley reissued an “overweight” rating and issued a $280.00 price objective on shares of Howmet Aerospace in a research note on Friday, February 13th. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, Howmet Aerospace presently has a consensus rating of “Moderate Buy” and a consensus price target of $252.95.

Howmet Aerospace Stock Down 0.9%

NYSE:HWM opened at $250.10 on Friday. The company has a market cap of $100.28 billion, a price-to-earnings ratio of 67.41, a price-to-earnings-growth ratio of 2.32 and a beta of 1.21. Howmet Aerospace Inc. has a twelve month low of $105.04 and a twelve month high of $267.31. The company has a current ratio of 2.13, a quick ratio of 1.09 and a debt-to-equity ratio of 0.53. The stock has a fifty day simple moving average of $229.24 and a 200-day simple moving average of $206.08.

Howmet Aerospace (NYSE:HWM) last posted its quarterly earnings results on Thursday, February 12th. The company reported $1.05 EPS for the quarter, topping the consensus estimate of $0.97 by $0.08. Howmet Aerospace had a net margin of 18.27% and a return on equity of 30.41%. The company had revenue of $2.17 billion for the quarter, compared to the consensus estimate of $2.12 billion. During the same quarter last year, the firm posted $0.77 EPS. The firm’s revenue was up 14.6% compared to the same quarter last year. 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. Analysts anticipate that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Announces Dividend

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

Insider Activity at Howmet Aerospace

In related news, VP Barbara Lou Shultz sold 1,000 shares of the 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 $6,207,240. This represents a 4.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Neil Edward Marchuk sold 45,150 shares of the firm’s stock in a transaction 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 $26,933,913.60. The trade was a 29.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.04% of the company’s stock.

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.