Neville Rodie & Shaw Inc. Has $16.89 Million Stock Position in Howmet Aerospace Inc. $HWM

Neville Rodie & Shaw Inc. reduced its holdings in Howmet Aerospace Inc. (NYSE:HWM) by 3.1% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 62,814 shares of the company’s stock after selling 2,000 shares during the period. Howmet Aerospace accounts for approximately 1.1% of Neville Rodie & Shaw Inc.’s portfolio, making the stock its 28th largest position. Neville Rodie & Shaw Inc.’s holdings in Howmet Aerospace were worth $16,888,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of HWM. Newbridge Financial Services Group Inc. boosted its position 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 acquiring an additional 73 shares during the period. Acumen Wealth Advisors LLC acquired a new position in Howmet Aerospace during the 4th quarter valued at $25,000. Sound Income Strategies LLC raised its stake in Howmet Aerospace by 66.7% during the 4th 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. Cornerstone Financial Management LLC bought a new stake in Howmet Aerospace in the 4th quarter valued at $28,000. Finally, Vermillion & White Wealth Management Group LLC boosted its holdings in Howmet Aerospace by 65.1% in the 4th 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. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Howmet Aerospace Stock Up 1.6%

HWM opened at $286.87 on Tuesday. Howmet Aerospace Inc. has a fifty-two week low of $169.45 and a fifty-two week high of $295.28. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.44 and a quick ratio of 1.59. The firm’s fifty day moving average price is $270.55 and its two-hundred day moving average price is $252.35. The company has a market capitalization of $114.78 billion, a P/E ratio of 66.56, a P/E/G ratio of 2.22 and a beta of 1.20.

Howmet Aerospace (NYSE:HWM) last announced its quarterly earnings results on Thursday, May 7th. The company reported $1.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.11 by $0.11. Howmet Aerospace had a net margin of 20.23% and a return on equity of 29.27%. The firm had revenue of $2.31 billion for the quarter, compared to analyst estimates of $2.24 billion. During the same quarter in the previous year, the firm posted $0.86 EPS. The business’s revenue for the quarter 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. On average, analysts anticipate that Howmet Aerospace Inc. will post 5.05 EPS for the current year.

Howmet Aerospace Increases Dividend

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

Analyst Upgrades and Downgrades

Several research firms have issued reports on HWM. Sanford C. Bernstein restated an “outperform” rating and issued a $318.00 price target on shares of Howmet Aerospace in a research report on Tuesday, June 16th. BTIG Research increased their target price on shares of Howmet Aerospace from $275.00 to $300.00 and gave the company a “buy” rating in a research note on Friday, May 8th. Susquehanna increased their target price on shares of Howmet Aerospace from $300.00 to $330.00 and gave the company a “positive” rating in a research note on Friday, May 8th. Royal Bank Of Canada lifted their target price on Howmet Aerospace from $300.00 to $325.00 and gave the stock an “outperform” rating in a research report on Monday, July 27th. Finally, Wall Street Zen lowered Howmet Aerospace from a “strong-buy” rating to a “buy” rating in a research note on Sunday, July 5th. Sixteen investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $300.33.

Insiders Place Their Bets

In related 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 value of $11,300,674.00. Following the completion of the transaction, the executive vice president owned 65,105 shares of the company’s stock, valued at $17,545,797.50. This represents a 39.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.85% of the stock is currently owned by insiders.

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.