Pinnacle Wealth Management Advisory Group LLC Has $1.88 Million Stock Position in Howmet Aerospace Inc. $HWM

Pinnacle Wealth Management Advisory Group LLC boosted its stake in shares of Howmet Aerospace Inc. (NYSE:HWM) by 313.3% during the first quarter, Holdings Channel reports. The fund owned 8,142 shares of the company’s stock after acquiring an additional 6,172 shares during the period. Pinnacle Wealth Management Advisory Group LLC’s holdings in Howmet Aerospace were worth $1,876,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in HWM. Acumen Wealth Advisors LLC bought a new position in shares of Howmet Aerospace in the fourth quarter worth about $25,000. Sound Income Strategies LLC grew its stake in shares of Howmet Aerospace by 66.7% during the fourth 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. grew its stake in shares of Howmet Aerospace by 119.7% during 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 during the last quarter. Vermillion & White Wealth Management Group LLC increased its holdings 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 purchasing an additional 54 shares in the last quarter. Finally, Mcguire Capital Advisors Inc. acquired a new stake in shares of Howmet Aerospace in the fourth quarter valued at approximately $28,000. Institutional investors and hedge funds own 90.46% of the company’s stock.

Howmet Aerospace Price Performance

Howmet Aerospace stock opened at $268.43 on Friday. The firm has a market capitalization of $107.40 billion, a P/E ratio of 62.28, a PEG ratio of 2.16 and a beta of 1.19. Howmet Aerospace Inc. has a 1 year low of $169.45 and a 1 year high of $290.63. The business has a 50-day moving average of $259.42 and a 200-day moving average of $239.15. The company has a current ratio of 2.44, a quick ratio of 1.59 and a debt-to-equity ratio of 0.73.

Howmet Aerospace (NYSE:HWM) last announced its quarterly earnings results on Thursday, May 7th. The company reported $1.22 EPS for the quarter, beating 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 return on equity of 29.27% and a net margin of 20.23%.Howmet Aerospace’s revenue was up 19.1% on a year-over-year basis. During the same period in the prior year, the business 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. On average, equities analysts anticipate that Howmet Aerospace Inc. will post 5.04 EPS for the current year.

Howmet Aerospace Announces Dividend

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

Insider Buying and Selling

In other Howmet Aerospace news, EVP Neil Edward Marchuk sold 41,932 shares of the stock in a transaction on Monday, May 11th. The shares were sold at an average price of $269.50, for a total value of $11,300,674.00. Following the sale, the executive vice president directly owned 65,105 shares in the company, valued at approximately $17,545,797.50. This trade represents a 39.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.85% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have issued reports on HWM. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $318.00 price objective on shares of Howmet Aerospace in a report on Tuesday, June 16th. JPMorgan Chase & Co. lifted their target price 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 restated a “buy” rating and set a $320.00 target price on shares of Howmet Aerospace in a research report on Friday, May 8th. Wall Street Zen raised Howmet Aerospace from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Finally, UBS Group upped their price target on Howmet Aerospace from $260.00 to $290.00 and gave the company a “neutral” rating in a research note on Friday, May 8th. Eighteen investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $287.53.

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.