SG Americas Securities LLC Increases Stake in Howmet Aerospace Inc. $HWM

SG Americas Securities LLC lifted its position in Howmet Aerospace Inc. (NYSE:HWM) by 106.3% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 171,559 shares of the company’s stock after acquiring an additional 88,404 shares during the quarter. SG Americas Securities LLC’s holdings in Howmet Aerospace were worth $39,537,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in HWM. UMB Bank n.a. raised its position in Howmet Aerospace by 2.6% in the 4th quarter. UMB Bank n.a. now owns 1,620 shares of the company’s stock worth $332,000 after purchasing an additional 41 shares during the period. Tudor Financial Inc. boosted its position in shares of Howmet Aerospace by 2.6% during the fourth quarter. Tudor Financial Inc. now owns 1,650 shares of the company’s stock valued at $338,000 after buying an additional 42 shares during the period. Parkside Financial Bank & Trust boosted its position in shares of Howmet Aerospace by 4.1% during the fourth quarter. Parkside Financial Bank & Trust now owns 1,077 shares of the company’s stock valued at $221,000 after buying an additional 42 shares during the period. Truvestments Capital LLC grew its stake in shares of Howmet Aerospace by 25.1% during the fourth quarter. Truvestments Capital LLC now owns 224 shares of the company’s stock valued at $46,000 after buying an additional 45 shares during the last quarter. Finally, Salomon & Ludwin LLC raised its holdings in shares of Howmet Aerospace by 12.5% in the fourth quarter. Salomon & Ludwin LLC now owns 423 shares of the company’s stock worth $90,000 after buying an additional 47 shares during the period. 90.46% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Howmet Aerospace news, EVP Neil Edward Marchuk sold 41,932 shares of the stock in a transaction dated 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 transaction, the executive vice president directly owned 65,105 shares in the company, valued at $17,545,797.50. This represents a 39.18% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.85% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

HWM has been the subject of a number of recent analyst reports. BTIG Research boosted their price objective on Howmet Aerospace from $275.00 to $300.00 and gave the company a “buy” rating in a report on Friday, May 8th. Truist Financial set a $280.00 target price on Howmet Aerospace in a research report on Wednesday, March 11th. Morgan Stanley reissued an “overweight” rating and set a $315.00 target price on shares of Howmet Aerospace in a research note on Friday, May 8th. JPMorgan Chase & Co. upped their price target on shares of Howmet Aerospace from $265.00 to $310.00 and gave the stock an “overweight” rating in a report on Monday, May 11th. Finally, Wolfe Research set a $270.00 price target on shares of Howmet Aerospace and gave the stock an “outperform” rating in a research note on Wednesday, March 11th. Eighteen research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, Howmet Aerospace currently has a consensus rating of “Moderate Buy” and an average target price of $287.53.

Howmet Aerospace Trading Down 1.8%

HWM opened at $275.41 on Wednesday. The stock’s fifty day moving average is $258.45 and its two-hundred day moving average is $237.82. The company has a market capitalization of $110.19 billion, a P/E ratio of 63.90, a PEG ratio of 2.22 and a beta of 1.19. Howmet Aerospace Inc. has a 52 week low of $169.45 and a 52 week high of $290.63. The company has a quick ratio of 1.59, a current ratio of 2.44 and a debt-to-equity ratio of 0.73.

Howmet Aerospace (NYSE:HWM) last issued its earnings results on Thursday, May 7th. The company reported $1.22 earnings per share for the quarter, beating analysts’ consensus estimates of $1.11 by $0.11. Howmet Aerospace had a return on equity of 29.27% and a net margin of 20.23%.The business had revenue of $2.31 billion during the quarter, compared to analyst estimates of $2.24 billion. During the same period in the previous year, the company posted $0.86 EPS. Howmet Aerospace’s revenue was up 19.1% on a year-over-year basis. 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. Analysts forecast that Howmet Aerospace Inc. will post 5.04 earnings per share for the current year.

Howmet Aerospace Dividend Announcement

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

Howmet Aerospace Company 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.