Lee Johnson Capital Management LLC Cuts Stock Position in Howmet Aerospace Inc. $HWM

Lee Johnson Capital Management LLC lessened its stake in shares of Howmet Aerospace Inc. (NYSE:HWM) by 16.0% in the first quarter, Holdings Channel reports. The institutional investor owned 24,091 shares of the company’s stock after selling 4,604 shares during the period. Howmet Aerospace accounts for approximately 2.0% of Lee Johnson Capital Management LLC’s portfolio, making the stock its 11th biggest position. Lee Johnson Capital Management LLC’s holdings in Howmet Aerospace were worth $5,552,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. Silverleafe Capital Partners LLC grew its position in Howmet Aerospace by 339.3% during the 4th quarter. Silverleafe Capital Partners LLC now owns 5,847 shares of the company’s stock valued at $1,199,000 after purchasing an additional 4,516 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH raised its holdings in Howmet Aerospace by 8.2% in the fourth quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 475,814 shares of the company’s stock worth $96,916,000 after buying an additional 36,195 shares during the last quarter. M&T Bank Corp lifted its stake in shares of Howmet Aerospace by 75.0% in the fourth quarter. M&T Bank Corp now owns 42,975 shares of the company’s stock worth $8,810,000 after buying an additional 18,417 shares in the last quarter. Munich Reinsurance Co Stock Corp in Munich bought a new position in shares of Howmet Aerospace in the third quarter worth approximately $33,583,000. Finally, Asset Management One Co. Ltd. grew its holdings in shares of Howmet Aerospace by 4.0% during the fourth quarter. Asset Management One Co. Ltd. now owns 194,734 shares of the company’s stock valued at $40,777,000 after buying an additional 7,508 shares during the last quarter. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on HWM. KeyCorp started coverage on Howmet Aerospace in a research report on Wednesday, March 25th. They issued a “sector weight” rating on the stock. Wells Fargo & Company started coverage on Howmet Aerospace in a report on Wednesday, April 1st. They issued an “equal weight” rating and a $240.00 target price for the company. UBS Group boosted their price target on Howmet Aerospace from $260.00 to $290.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. Morgan Stanley reaffirmed an “overweight” rating and set a $315.00 price target on shares of Howmet Aerospace in a report on Friday, May 8th. Finally, BNP Paribas Exane reaffirmed an “outperform” rating and set a $340.00 price objective (up from $265.00) on shares of Howmet Aerospace in a research report 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 MarketBeat, Howmet Aerospace currently has an average rating of “Moderate Buy” and an average target price of $287.53.

Insider Buying and Selling

In related news, EVP Neil Edward Marchuk sold 41,932 shares of the company’s 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 sale, the executive vice president owned 65,105 shares in the company, valued at approximately $17,545,797.50. This represents a 39.18% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.85% of the company’s stock.

Howmet Aerospace Stock Up 0.2%

Shares of Howmet Aerospace stock opened at $278.25 on Monday. Howmet Aerospace Inc. has a twelve month low of $169.06 and a twelve month 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. The company’s 50 day moving average is $257.48 and its 200 day moving average is $236.65. The company has a market cap of $111.33 billion, a price-to-earnings ratio of 64.56, a price-to-earnings-growth ratio of 2.20 and a beta of 1.19.

Howmet Aerospace (NYSE:HWM) last announced 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. The business 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 company’s quarterly revenue was up 19.1% compared to the same quarter last year. During the same period in the previous year, the business earned $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. Research analysts anticipate that Howmet Aerospace Inc. will post 5.04 EPS for the current year.

Howmet Aerospace Announces Dividend

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

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.