Caxton Associates LLP grew its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM – Free Report) by 36.7% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,163 shares of the company’s stock after buying an additional 2,458 shares during the quarter. Caxton Associates LLP’s holdings in Howmet Aerospace were worth $2,112,000 at the end of the most recent reporting period.
Other large investors also recently modified their holdings of the company. Newbridge Financial Services Group Inc. grew its stake in Howmet Aerospace by 119.7% in 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. Acumen Wealth Advisors LLC bought a new stake in shares of Howmet Aerospace during the 4th quarter worth approximately $25,000. Sound Income Strategies LLC raised its stake in shares of Howmet Aerospace by 66.7% during the 4th quarter. Sound Income Strategies LLC now owns 125 shares of the company’s stock worth $28,000 after purchasing an additional 50 shares in the last quarter. Cornerstone Financial Management LLC acquired a new stake in shares of Howmet Aerospace in the 4th quarter valued at approximately $28,000. Finally, Vermillion & White Wealth Management Group LLC grew its stake in shares of Howmet Aerospace by 65.1% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 137 shares of the company’s stock valued at $28,000 after buying an additional 54 shares in the last quarter. 90.46% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several analysts have issued reports on HWM shares. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $318.00 price target on shares of Howmet Aerospace in a research report on Tuesday, June 16th. BNP Paribas Exane restated an “outperform” rating and set a $340.00 price objective (up from $265.00) on shares of Howmet Aerospace in a research note on Friday, May 8th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Howmet Aerospace in a report on Friday, July 17th. JPMorgan Chase & Co. raised their target price on shares of Howmet Aerospace from $265.00 to $310.00 and gave the company an “overweight” rating in a research note on Monday, May 11th. Finally, Jefferies Financial Group raised their target price on shares of Howmet Aerospace from $320.00 to $340.00 and gave the company a “buy” rating in a research note on Thursday, July 9th. Eighteen investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $293.21.
Howmet Aerospace Price Performance
NYSE:HWM opened at $289.09 on Friday. The company has a market cap of $115.67 billion, a P/E ratio of 67.07, a P/E/G ratio of 2.25 and a beta of 1.19. The firm’s fifty day moving average price is $267.50 and its two-hundred day moving average price is $249.26. Howmet Aerospace Inc. has a one year low of $169.45 and a one year high of $293.00. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.44 and a quick ratio of 1.59.
Howmet Aerospace (NYSE:HWM – Get Free Report) last posted its earnings results 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 company had revenue of $2.31 billion during the quarter, compared to analysts’ expectations of $2.24 billion. Howmet Aerospace had a net margin of 20.23% and a return on equity of 29.27%. Howmet Aerospace’s quarterly revenue was up 19.1% compared to the same quarter last year. During the same quarter last year, the company posted $0.86 EPS. 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 analysts expect that Howmet Aerospace Inc. will post 5.05 earnings per share for the current year.
Insider Transactions at Howmet Aerospace
In other Howmet Aerospace news, EVP Neil Edward Marchuk sold 41,932 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The shares were 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 directly owned 65,105 shares in the company, valued at $17,545,797.50. This trade represents a 39.18% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.85% of the stock is owned by company insiders.
Howmet Aerospace 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.
Featured Stories
- Five stocks we like better than Howmet Aerospace
- AMD and Cerbras Create A New Blueprint For Hardware
- Intel Earnings Reveal Whether the Chip Selloff Created a Buy
- CrowdStrike’s Cerebras Deal Puts Its AI Security Strategy to the Test
- Plugging In: How Kinder Morgan Powers Up Profits
Receive News & Ratings for Howmet Aerospace Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Howmet Aerospace and related companies with MarketBeat.com's FREE daily email newsletter.
