Fideuram Intesa Sanpaolo Private Banking S.P.A. Takes $1.25 Million Position in Howmet Aerospace Inc. $HWM

Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new stake in shares of Howmet Aerospace Inc. (NYSE:HWM) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 6,107 shares of the company’s stock, valued at approximately $1,252,000.

Other institutional investors have also recently made changes to their positions in the company. Newbridge Financial Services Group Inc. boosted its stake in shares of Howmet Aerospace by 119.7% during the second quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock valued at $25,000 after purchasing an additional 73 shares during the period. Sound Income Strategies LLC boosted its stake in shares of Howmet Aerospace by 66.7% during the fourth quarter. Sound Income Strategies LLC now owns 125 shares of the company’s stock valued at $28,000 after purchasing an additional 50 shares during the period. Laurel Wealth Advisors LLC purchased a new stake in shares of Howmet Aerospace during the fourth quarter valued at approximately $36,000. Harbor Investment Advisory LLC boosted its stake in shares of Howmet Aerospace by 339.0% during the fourth quarter. Harbor Investment Advisory LLC now owns 180 shares of the company’s stock valued at $37,000 after purchasing an additional 139 shares during the period. Finally, Ares Financial Consulting LLC purchased a new stake in shares of Howmet Aerospace during the fourth quarter valued at approximately $37,000. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Insiders Place Their Bets

In other Howmet Aerospace news, VP Barbara Lou Shultz sold 1,000 shares of the 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 completion of the transaction, the vice president owned 23,874 shares in the company, 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 41,932 shares of the 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 transaction, the executive vice president owned 65,105 shares of the company’s stock, valued at approximately $17,545,797.50. This trade represents a 39.18% decrease in their position. The SEC filing for this sale provides additional information. 0.85% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

HWM has been the subject of a number of analyst reports. Sanford C. Bernstein reissued an “outperform” rating and set a $280.00 price objective on shares of Howmet Aerospace in a research note on Tuesday, February 17th. Bank of America upped their target price on Howmet Aerospace from $250.00 to $300.00 and gave the company a “buy” rating in a report on Friday, February 20th. Morgan Stanley restated an “overweight” rating and set a $315.00 target price on shares of Howmet Aerospace in a report on Friday, May 8th. The Goldman Sachs Group set a $228.00 target price on Howmet Aerospace in a report on Tuesday, February 17th. Finally, Wolfe Research set a $270.00 target price on Howmet Aerospace and gave the company an “outperform” rating in a report on Wednesday, March 11th. Eighteen analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $285.53.

Howmet Aerospace Price Performance

Shares of Howmet Aerospace stock opened at $256.52 on Friday. The company has a quick ratio of 1.59, a current ratio of 2.44 and a debt-to-equity ratio of 0.73. The company has a market cap of $102.64 billion, a PE ratio of 59.52, a P/E/G ratio of 2.03 and a beta of 1.19. The business has a 50 day moving average of $247.46 and a 200 day moving average of $228.37. Howmet Aerospace Inc. has a 52 week low of $160.01 and a 52 week high of $280.74.

Howmet Aerospace (NYSE:HWM) last posted its quarterly earnings data on Thursday, May 7th. The company reported $1.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.11 by $0.11. The business had revenue of $2.31 billion during the quarter, compared to the consensus estimate of $2.24 billion. Howmet Aerospace had a return on equity of 29.27% and a net margin of 20.23%.The firm’s quarterly revenue was up 19.1% compared to the same quarter last year. During the same quarter in the prior 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. As a group, equities research analysts forecast that Howmet Aerospace Inc. will post 5.04 earnings per share for the current year.

Howmet Aerospace Dividend Announcement

The company also recently disclosed 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. The ex-dividend date is Friday, May 8th. This represents a $0.48 dividend on an annualized basis and a yield of 0.2%. Howmet Aerospace’s dividend payout ratio is 11.14%.

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.