Curated Wealth Partners LLC Sells 126,068 Shares of Howmet Aerospace Inc. $HWM

Curated Wealth Partners LLC lessened its stake in Howmet Aerospace Inc. (NYSE:HWM) by 98.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,913 shares of the company’s stock after selling 126,068 shares during the period. Curated Wealth Partners LLC’s holdings in Howmet Aerospace were worth $433,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. BlackRock Inc. purchased a new position in Howmet Aerospace in the 2nd quarter valued at $12,318,939,000. State Street Corp increased its stake in Howmet Aerospace by 3.3% during the second quarter. State Street Corp now owns 18,933,928 shares of the company’s stock worth $5,090,576,000 after purchasing an additional 612,866 shares during the period. Bank of America Corp DE increased its position in shares of Howmet Aerospace by 1.7% during the first quarter. Bank of America Corp DE now owns 10,728,447 shares of the company’s stock worth $2,472,478,000 after acquiring an additional 177,533 shares during the period. Jupiter Topco LLC purchased a new stake in shares of Howmet Aerospace during the 2nd quarter worth $2,065,086,000. Finally, Bank of New York Mellon Corp purchased a new stake in Howmet Aerospace during the 2nd quarter worth about $1,099,765,000. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Analyst Upgrades and Downgrades

HWM has been the topic of several research analyst reports. Jefferies Financial Group reiterated a “buy” rating and set a $370.00 price target (up from $340.00) on shares of Howmet Aerospace in a research note on Sunday, August 9th. Guggenheim assumed coverage on Howmet Aerospace in a report on Monday, September 14th. They issued a “buy” rating and a $350.00 price objective for the company. Sanford C. Bernstein restated an “outperform” rating and set a $298.00 target price (down from $328.00) on shares of Howmet Aerospace in a research report on Wednesday, October 7th. Citigroup restated a “buy” rating on shares of Howmet Aerospace in a research report on Wednesday, September 30th. Finally, Morgan Stanley reaffirmed an “overweight” rating and issued a $335.00 target price on shares of Howmet Aerospace in a report on Monday, August 10th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, Howmet Aerospace has a consensus rating of “Moderate Buy” and a consensus target price of $310.29.

Howmet Aerospace Price Performance

Howmet Aerospace stock opened at $220.91 on Friday. Howmet Aerospace Inc. has a 12 month low of $187.46 and a 12 month high of $310.00. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.82 and a quick ratio of 0.87. The business has a 50 day simple moving average of $245.22 and a 200-day simple moving average of $256.84. The stock has a market capitalization of $88.39 billion, a PE ratio of 48.29, a price-to-earnings-growth ratio of 1.98 and a beta of 1.21.

Howmet Aerospace (NYSE:HWM) last announced its quarterly earnings data on Thursday, August 6th. The company reported $1.33 EPS for the quarter, topping analysts’ consensus estimates of $1.24 by $0.09. The company had revenue of $2.55 billion during the quarter, compared to the consensus estimate of $2.43 billion. Howmet Aerospace had a net margin of 20.52% and a return on equity of 33.91%. Howmet Aerospace’s quarterly revenue was up 24.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.91 EPS. Howmet Aerospace has set its Q3 2026 guidance at 1.340-1.360 EPS and its FY 2026 guidance at 5.230-5.310 EPS. Equities analysts predict that Howmet Aerospace Inc. will post 5.34 earnings per share for the current year.

Howmet Aerospace Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 25th. Stockholders of record on Friday, November 6th will be given a $0.14 dividend. The ex-dividend date of this dividend is Friday, November 6th. This represents a $0.56 annualized dividend and a dividend yield of 0.3%. Howmet Aerospace’s dividend payout ratio is presently 12.07%.

Howmet Aerospace Company Profile

Howmet Aerospace Inc (NYSE:HWM) is an aerospace and industrial products company that develops and manufactures advanced engineered components and systems. Its products are used primarily in commercial and defense aircraft, aircraft engines, and other transportation and industrial applications.

The company’s principal businesses include engine products, fastening systems, engineered structures, and forged wheels. Its offerings include forged and cast engine components, airfoils, titanium and nickel-based parts, aerospace structural components, specialized fasteners, and forged aluminum wheels for commercial transportation.