World Investment Advisors Buys 6,846 Shares of Howmet Aerospace Inc. $HWM

World Investment Advisors lifted its stake in Howmet Aerospace Inc. (NYSE:HWMFree Report) by 144.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,578 shares of the company’s stock after purchasing an additional 6,846 shares during the period. World Investment Advisors’ holdings in Howmet Aerospace were worth $2,374,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Sound Income Strategies LLC grew its holdings 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 worth $28,000 after purchasing an additional 50 shares during the last quarter. Newbridge Financial Services Group Inc. grew its holdings in shares of Howmet Aerospace by 119.7% in the second quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock worth $25,000 after purchasing an additional 73 shares during the last quarter. Manning & Napier Advisors LLC bought a new position in shares of Howmet Aerospace in the third quarter worth about $32,000. Flagship Wealth Advisors LLC bought a new position in shares of Howmet Aerospace in the third quarter worth about $33,000. Finally, Laurel Wealth Advisors LLC bought a new position in shares of Howmet Aerospace in the fourth quarter worth about $36,000. 90.46% of the stock is currently owned by institutional investors.

Insider Activity

In other Howmet Aerospace news, EVP Neil Edward Marchuk sold 45,150 shares of Howmet Aerospace stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $251.70, for a total value of $11,364,255.00. Following the transaction, the executive vice president owned 107,008 shares in the company, valued at $26,933,913.60. The trade was a 29.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Barbara Lou Shultz sold 1,000 shares of Howmet Aerospace stock in a transaction dated Thursday, February 26th. The shares were 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 $6,207,240. This trade represents a 4.02% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 88,082 shares of company stock worth $22,924,929 in the last quarter. 0.85% of the stock is owned by insiders.

Howmet Aerospace Price Performance

HWM opened at $260.45 on Friday. The business’s 50-day moving average is $246.96 and its two-hundred day moving average is $226.47. Howmet Aerospace Inc. has a 1 year low of $160.01 and a 1 year high of $280.74. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.44 and a quick ratio of 1.59. The firm has a market capitalization of $104.21 billion, a PE ratio of 60.43, a price-to-earnings-growth ratio of 2.17 and a beta of 1.19.

Howmet Aerospace (NYSE:HWMGet Free Report) last posted its 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 company had revenue of $2.31 billion for the quarter, compared to analyst estimates of $2.24 billion. During the same quarter in the previous year, the firm earned $0.86 earnings per share. The firm’s quarterly revenue was up 19.1% compared to the same quarter last year. 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 anticipate that Howmet Aerospace Inc. will post 5.02 earnings per share for the current fiscal year.

Howmet Aerospace Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, May 26th. Shareholders of record on Friday, May 8th will be paid a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 0.2%. The ex-dividend date is Friday, May 8th. Howmet Aerospace’s payout ratio is 11.14%.

Analysts Set New Price Targets

A number of research analysts have recently commented on HWM shares. KeyCorp started coverage on shares of Howmet Aerospace in a report on Wednesday, March 25th. They issued a “sector weight” rating on the stock. Royal Bank Of Canada lifted their price objective on Howmet Aerospace from $275.00 to $300.00 and gave the company an “outperform” rating in a report on Wednesday, March 11th. JPMorgan Chase & Co. lifted their price objective on Howmet Aerospace from $265.00 to $310.00 and gave the company an “overweight” rating in a report on Monday, May 11th. Morgan Stanley restated an “overweight” rating and issued a $315.00 price objective on shares of Howmet Aerospace in a report on Friday, May 8th. Finally, The Goldman Sachs Group set a $228.00 price objective on Howmet Aerospace in a report on Tuesday, February 17th. Eighteen investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $283.84.

Check Out Our Latest Report on Howmet Aerospace

Howmet Aerospace Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Howmet Aerospace (NYSE:HWM)

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