Havemeyer Place LP Makes New Investment in Howmet Aerospace Inc. $HWM

Havemeyer Place LP bought a new position in Howmet Aerospace Inc. (NYSE:HWM) in the fourth quarter, HoldingsChannel reports. The institutional investor bought 2,839 shares of the company’s stock, valued at approximately $582,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Newbridge Financial Services Group Inc. boosted its stake in shares of Howmet Aerospace by 119.7% in the 2nd 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. Sound Income Strategies LLC boosted its stake in shares of Howmet Aerospace by 66.7% in the 4th quarter. Sound Income Strategies LLC now owns 125 shares of the company’s stock worth $28,000 after buying an additional 50 shares during the last quarter. Laurel Wealth Advisors LLC purchased a new stake in 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 4th quarter. Harbor Investment Advisory LLC now owns 180 shares of the company’s stock worth $37,000 after acquiring an additional 139 shares during the last quarter. Finally, Ares Financial Consulting LLC purchased a new stake in shares of Howmet Aerospace in the 4th quarter worth $37,000. Institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Stock Performance

NYSE:HWM opened at $246.53 on Tuesday. 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 12-month low of $165.51 and a 12-month high of $280.74. The stock has a 50-day moving average price of $251.14 and a 200 day moving average price of $232.36. The stock has a market capitalization of $98.64 billion, a P/E ratio of 57.20, a P/E/G ratio of 1.99 and a beta of 1.19.

Howmet Aerospace (NYSE:HWM) last released its earnings results on Thursday, May 7th. The company reported $1.22 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $2.31 billion during the quarter, compared to analysts’ expectations of $2.24 billion. During the same quarter last year, the business posted $0.86 earnings per share. The firm’s 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 forecast that Howmet Aerospace Inc. will post 5.04 EPS for the current fiscal year.

Howmet Aerospace Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 26th. Investors of record on Friday, May 8th were given a dividend of $0.12 per share. The ex-dividend date 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 currently 11.14%.

Analysts Set New Price Targets

Several research analysts have recently commented on HWM shares. Wolfe Research set a $270.00 price objective on Howmet Aerospace and gave the stock an “outperform” rating in a research note on Wednesday, March 11th. Sanford C. Bernstein restated an “outperform” rating and set a $280.00 target price on shares of Howmet Aerospace in a research note on Tuesday, February 17th. Bank of America increased their price target on Howmet Aerospace from $250.00 to $300.00 and gave the stock a “buy” rating in a research note on Friday, February 20th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $320.00 price objective on shares of Howmet Aerospace in a research note on Sunday, May 10th. Finally, Royal Bank Of Canada increased their target price on Howmet Aerospace from $275.00 to $300.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 11th. Eighteen investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $285.53.

Insider Activity

In related news, EVP Neil Edward Marchuk sold 41,932 shares of the stock in a transaction dated 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 completion of the sale, the executive vice president owned 65,105 shares in the company, valued at approximately $17,545,797.50. This trade represents a 39.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate 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.