GAMMA Investing LLC Buys 1,828 Shares of Howmet Aerospace Inc. $HWM

GAMMA Investing LLC grew its stake in shares of Howmet Aerospace Inc. (NYSE:HWM) by 12.9% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 16,025 shares of the company’s stock after purchasing an additional 1,828 shares during the quarter. GAMMA Investing LLC’s holdings in Howmet Aerospace were worth $4,308,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Acumen Wealth Advisors LLC acquired a new stake in shares of Howmet Aerospace in the 4th quarter valued at approximately $25,000. Sound Income Strategies LLC grew its stake in shares of Howmet Aerospace by 66.7% in the fourth quarter. Sound Income Strategies LLC now owns 125 shares of the company’s stock valued at $28,000 after buying an additional 50 shares in the last quarter. Newbridge Financial Services Group Inc. increased its holdings in Howmet Aerospace by 119.7% during the second quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock worth $25,000 after buying an additional 73 shares during the last quarter. Vermillion & White Wealth Management Group LLC increased its holdings in Howmet Aerospace by 65.1% during the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 137 shares of the company’s stock worth $28,000 after buying an additional 54 shares during the last quarter. Finally, Mcguire Capital Advisors Inc. bought a new stake in Howmet Aerospace during the fourth quarter worth $28,000. Institutional investors and hedge funds own 90.46% of the company’s stock.

Howmet Aerospace Price Performance

Shares of NYSE HWM opened at $288.96 on Wednesday. The firm has a market cap of $115.62 billion, a P/E ratio of 67.04, a price-to-earnings-growth ratio of 2.25 and a beta of 1.20. The business’s 50 day moving average is $271.09 and its 200-day moving average is $252.84. 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 1-year low of $169.45 and a 1-year high of $295.28.

Howmet Aerospace (NYSE:HWM) last released its quarterly earnings results 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. Howmet Aerospace had a return on equity of 29.27% and a net margin of 20.23%.The business had revenue of $2.31 billion during the quarter, compared to the consensus estimate of $2.24 billion. During the same period in the previous year, the company posted $0.86 EPS. The firm’s quarterly revenue was up 19.1% on a year-over-year basis. 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 predict that Howmet Aerospace Inc. will post 5.05 earnings per share for the current year.

Howmet Aerospace Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, August 25th. Stockholders of record on Friday, August 7th will be issued a dividend of $0.14 per share. This is an increase from Howmet Aerospace’s previous quarterly dividend of $0.12. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend is Friday, August 7th. Howmet Aerospace’s payout ratio is 11.14%.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. Morgan Stanley reiterated an “overweight” rating and issued a $315.00 price target on shares of Howmet Aerospace in a research note on Friday, May 8th. Royal Bank Of Canada boosted their price objective on shares of Howmet Aerospace from $300.00 to $325.00 and gave the stock an “outperform” rating in a research note on Monday, July 27th. Citigroup upped their target price on shares of Howmet Aerospace from $303.00 to $311.00 and gave the company a “buy” rating in a report on Wednesday, July 1st. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $320.00 target price on shares of Howmet Aerospace in a research note on Friday, May 8th. Finally, JPMorgan Chase & Co. lifted their price target on Howmet Aerospace from $265.00 to $310.00 and gave the stock an “overweight” rating in a report on Monday, May 11th. Sixteen research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, Howmet Aerospace has an average rating of “Moderate Buy” and an average price target of $300.33.

Insider Activity

In other news, EVP Neil Edward Marchuk sold 41,932 shares of the business’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $269.50, for a total value of $11,300,674.00. Following the completion of the sale, the executive vice president owned 65,105 shares of the company’s stock, valued at approximately $17,545,797.50. The trade was a 39.18% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.85% of the company’s stock.

Howmet Aerospace Company 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.