Wellspring Financial Advisors LLC Acquires 3,730 Shares of Howmet Aerospace Inc. $HWM

Wellspring Financial Advisors LLC grew its position in shares of Howmet Aerospace Inc. (NYSE:HWM) by 309.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,936 shares of the company’s stock after purchasing an additional 3,730 shares during the quarter. Wellspring Financial Advisors LLC’s holdings in Howmet Aerospace were worth $1,013,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. 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 in the last quarter. 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 in the last quarter. J.Safra Asset Management Corp acquired a new stake in shares of Howmet Aerospace during the fourth quarter valued at about $30,000. Laurel Wealth Advisors LLC acquired a new stake in shares of Howmet Aerospace during the fourth quarter valued at about $36,000. Finally, Ares Financial Consulting LLC acquired a new stake in shares of Howmet Aerospace during the fourth quarter valued at about $37,000. 90.46% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have recently commented on HWM shares. Bank of America lifted their price target on Howmet Aerospace from $250.00 to $300.00 and gave the company a “buy” rating in a research note on Friday, February 20th. KeyCorp started coverage on Howmet Aerospace in a research note on Wednesday, March 25th. They set a “sector weight” rating on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of Howmet Aerospace in a research note on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $320.00 price target on shares of Howmet Aerospace in a research note on Friday, May 8th. Finally, UBS Group lifted their price objective on Howmet Aerospace from $260.00 to $290.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. Eighteen investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, Howmet Aerospace presently has an average rating of “Moderate Buy” and an average target price of $285.53.

Insiders Place Their Bets

In other Howmet Aerospace news, EVP Neil Edward Marchuk sold 41,932 shares of Howmet Aerospace stock in a transaction that occurred 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 sale, the executive vice president directly owned 65,105 shares in the company, 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 document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.85% of the company’s stock.

Howmet Aerospace Trading Down 3.0%

Shares of HWM stock opened at $249.44 on Thursday. The company has a market cap of $99.80 billion, a P/E ratio of 57.87, a PEG ratio of 2.04 and a beta of 1.19. The stock has a 50 day simple moving average of $252.26 and a two-hundred day simple moving average of $233.11. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.59 and a current ratio of 2.44. Howmet Aerospace Inc. has a fifty-two week low of $165.51 and a fifty-two week high of $280.74.

Howmet Aerospace (NYSE:HWM) last issued its earnings results on Thursday, May 7th. The company reported $1.22 earnings per share 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 revenue for the quarter was up 19.1% on a year-over-year basis. During the same period in the previous year, the company posted $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. Research analysts forecast that Howmet Aerospace Inc. will post 5.04 earnings per share for the current year.

Howmet Aerospace Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 26th. Shareholders of record on Friday, May 8th were issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date was Friday, May 8th. Howmet Aerospace’s payout ratio is presently 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.