Howmet Aerospace Inc. $HWM Shares Bought by Waverly Advisors LLC

Waverly Advisors LLC lifted its position in shares of Howmet Aerospace Inc. (NYSE:HWM) by 481.3% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 24,293 shares of the company’s stock after acquiring an additional 20,114 shares during the period. Waverly Advisors LLC’s holdings in Howmet Aerospace were worth $5,599,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the company. Acumen Wealth Advisors LLC acquired a new position in Howmet Aerospace during the 4th quarter valued at about $25,000. Sound Income Strategies LLC grew its position in Howmet Aerospace by 66.7% in the 4th 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. increased its stake 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 valued at $25,000 after purchasing an additional 73 shares during the period. Vermillion & White Wealth Management Group LLC increased its stake 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 during the period. Finally, Mcguire Capital Advisors Inc. bought a new stake in shares of Howmet Aerospace during the fourth quarter valued at approximately $28,000. 90.46% of the stock is currently owned by institutional investors.

Howmet Aerospace Stock Down 0.4%

HWM stock opened at $286.84 on Wednesday. Howmet Aerospace Inc. has a 52 week low of $169.45 and a 52 week high of $295.28. The company has a market capitalization of $114.77 billion, a price-to-earnings ratio of 66.55, a price-to-earnings-growth ratio of 2.26 and a beta of 1.19. The firm’s 50-day moving average is $268.81 and its two-hundred day moving average is $250.57. 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 issued its quarterly earnings results on Thursday, May 7th. The company reported $1.22 earnings per share for the quarter, topping analysts’ consensus estimates of $1.11 by $0.11. The company had revenue of $2.31 billion during the quarter, compared to analyst estimates of $2.24 billion. Howmet Aerospace had a net margin of 20.23% and a return on equity of 29.27%. The business’s revenue for the quarter was up 19.1% compared to the same quarter last year. 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, analysts forecast that Howmet Aerospace Inc. will post 5.05 earnings per share for the current fiscal year.

Howmet Aerospace Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, August 25th. Shareholders of record on Friday, August 7th will be given a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 0.2%. This is a positive change from Howmet Aerospace’s previous quarterly dividend of $0.12. The ex-dividend date is Friday, August 7th. Howmet Aerospace’s payout ratio is currently 11.14%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. JPMorgan Chase & Co. boosted their price objective on Howmet Aerospace from $265.00 to $310.00 and gave the stock an “overweight” rating in a research report on Monday, May 11th. Jefferies Financial Group raised their target price on Howmet Aerospace from $320.00 to $340.00 and gave the company a “buy” rating in a research report on Thursday, July 9th. UBS Group lifted their target price on Howmet Aerospace from $260.00 to $290.00 and gave the company a “neutral” rating in a research note on Friday, May 8th. Susquehanna boosted their price target on Howmet Aerospace from $300.00 to $330.00 and gave the stock a “positive” rating in a research report on Friday, May 8th. Finally, Citigroup increased their price target on Howmet Aerospace from $303.00 to $311.00 and gave the stock a “buy” rating in a research note on Wednesday, July 1st. Eighteen equities 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.com, Howmet Aerospace presently has an average rating of “Moderate Buy” and a consensus target price of $294.53.

Insiders Place Their Bets

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

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.