Settian Capital LP Invests $615,000 in Howmet Aerospace Inc. $HWM

Settian Capital LP acquired a new position in Howmet Aerospace Inc. (NYSE:HWM) in the 4th quarter, HoldingsChannel.com reports. The firm acquired 3,000 shares of the company’s stock, valued at approximately $615,000. Howmet Aerospace accounts for about 0.4% of Settian Capital LP’s investment portfolio, making the stock its 25th biggest holding.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Invesco Ltd. boosted its holdings in shares of Howmet Aerospace by 12.2% in the 3rd quarter. Invesco Ltd. now owns 7,367,438 shares of the company’s stock valued at $1,445,712,000 after acquiring an additional 801,093 shares during the last quarter. Vanguard Group Inc. increased its stake in shares of Howmet Aerospace by 1.4% in the third quarter. Vanguard Group Inc. now owns 49,139,989 shares of the company’s stock worth $9,642,740,000 after acquiring an additional 664,595 shares during the period. Federated Hermes Inc. increased its stake in shares of Howmet Aerospace by 140.7% in the third quarter. Federated Hermes Inc. now owns 1,073,305 shares of the company’s stock worth $210,615,000 after acquiring an additional 627,397 shares during the period. Nordea Investment Management AB increased its stake in shares of Howmet Aerospace by 59.2% in the third quarter. Nordea Investment Management AB now owns 1,401,335 shares of the company’s stock worth $273,288,000 after acquiring an additional 521,180 shares during the period. Finally, Franklin Resources Inc. increased its stake in shares of Howmet Aerospace by 116.7% in the third quarter. Franklin Resources Inc. now owns 917,241 shares of the company’s stock worth $179,990,000 after acquiring an additional 493,872 shares during the period. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Howmet Aerospace Stock Up 1.1%

Shares of HWM stock opened at $273.44 on Tuesday. The stock has a 50 day moving average of $246.37 and a 200 day moving average of $224.64. 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 stock has a market cap of $109.40 billion, a P/E ratio of 63.44, a P/E/G ratio of 2.28 and a beta of 1.19. Howmet Aerospace Inc. has a twelve month low of $155.22 and a twelve month high of $280.74.

Howmet Aerospace (NYSE:HWM) last announced its quarterly earnings results on Thursday, May 7th. The company reported $1.22 earnings per share for the quarter, beating the consensus estimate 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 return on equity of 29.27% and a net margin of 20.23%.Howmet Aerospace’s quarterly revenue was up 19.1% on a year-over-year basis. During the same period last year, the business earned $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. As a group, sell-side analysts expect that Howmet Aerospace Inc. will post 5 EPS for the current year.

Howmet Aerospace Announces Dividend

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

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on HWM. Weiss Ratings reiterated a “buy (b)” rating on shares of Howmet Aerospace in a research note on Tuesday, April 21st. Royal Bank Of Canada increased their price objective on shares of Howmet Aerospace from $275.00 to $300.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 11th. Truist Financial set a $280.00 price objective on shares of Howmet Aerospace in a research note on Wednesday, March 11th. Citigroup cut their price objective on shares of Howmet Aerospace from $283.00 to $271.00 and set a “buy” rating on the stock in a research note on Thursday, April 2nd. Finally, Wall Street Zen upgraded Howmet Aerospace from a “hold” rating to a “buy” rating in a research report on Sunday, January 18th. Eighteen equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $283.84.

Insider Activity at Howmet Aerospace

In other news, EVP Neil Edward Marchuk sold 45,150 shares of the company’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $251.70, for a total transaction of $11,364,255.00. Following the completion of the transaction, the executive vice president directly owned 107,008 shares of the company’s stock, valued at $26,933,913.60. This represents a 29.67% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, VP Barbara Lou Shultz sold 1,000 shares of the company’s stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $260.00, for a total value of $260,000.00. Following the transaction, the vice president directly owned 23,874 shares of the company’s stock, valued at approximately $6,207,240. The trade was a 4.02% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.85% of the company’s stock.

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.