McLaughlin Asset Management Inc. Makes New $1.73 Million Investment in Howmet Aerospace Inc. $HWM

McLaughlin Asset Management Inc. acquired a new stake in Howmet Aerospace Inc. (NYSE:HWM) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 8,436 shares of the company’s stock, valued at approximately $1,730,000. Howmet Aerospace makes up about 1.5% of McLaughlin Asset Management Inc.’s holdings, making the stock its 15th largest holding.

A number of other hedge funds have also recently made changes to their positions in the business. Acumen Wealth Advisors LLC acquired a new stake in shares of Howmet Aerospace in the 4th quarter worth about $25,000. Sound Income Strategies LLC boosted its stake in Howmet Aerospace by 66.7% during the 4th quarter. Sound Income Strategies LLC now owns 125 shares of the company’s stock valued at $28,000 after purchasing an additional 50 shares during the last quarter. Newbridge Financial Services Group Inc. boosted its stake in Howmet Aerospace by 119.7% during the 2nd 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 during the last quarter. Vermillion & White Wealth Management Group LLC increased its holdings in Howmet Aerospace by 65.1% during the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 137 shares of the company’s stock worth $28,000 after purchasing an additional 54 shares in the last quarter. Finally, Mcguire Capital Advisors Inc. purchased a new stake in shares of Howmet Aerospace in the fourth quarter worth approximately $28,000. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on HWM shares. KeyCorp began coverage on Howmet Aerospace in a report on Wednesday, March 25th. They issued a “sector weight” rating on the stock. JPMorgan Chase & Co. raised their price objective on Howmet Aerospace from $265.00 to $310.00 and gave the company an “overweight” rating in a research note on Monday, May 11th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $320.00 price objective on shares of Howmet Aerospace in a report on Friday, May 8th. Susquehanna increased their target price on shares of Howmet Aerospace from $300.00 to $330.00 and gave the company a “positive” rating in a report on Friday, May 8th. Finally, BTIG Research raised their price target on shares of Howmet Aerospace from $275.00 to $300.00 and gave the company a “buy” rating in a research report on Friday, May 8th. Eighteen research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $287.53.

Insider Activity at Howmet Aerospace

In other news, EVP Neil Edward Marchuk sold 41,932 shares of Howmet Aerospace stock in a transaction 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 transaction, 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 Securities & Exchange Commission, which can be accessed through the SEC website. 0.85% of the stock is owned by insiders.

Howmet Aerospace Trading Down 1.8%

NYSE:HWM opened at $278.25 on Friday. Howmet Aerospace Inc. has a 12 month low of $169.06 and a 12 month high of $290.63. The company has a current ratio of 2.44, a quick ratio of 1.59 and a debt-to-equity ratio of 0.73. The firm’s 50 day moving average is $256.91 and its 200 day moving average is $236.09. The stock has a market capitalization of $111.33 billion, a PE ratio of 64.56, a price-to-earnings-growth ratio of 2.24 and a beta of 1.19.

Howmet Aerospace (NYSE:HWM) last posted its quarterly earnings results on Thursday, May 7th. The company reported $1.22 earnings per share for the quarter, topping the consensus estimate of $1.11 by $0.11. The company 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 quarterly revenue was up 19.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $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. Sell-side analysts expect that Howmet Aerospace Inc. will post 5.04 earnings per share for the current year.

Howmet Aerospace Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, May 26th. Shareholders 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 is currently 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.