Wealthedge Investment Advisors LLC Invests $479,000 in Howmet Aerospace Inc. $HWM

Wealthedge Investment Advisors LLC bought a new stake in Howmet Aerospace Inc. (NYSE:HWM) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 2,439 shares of the company’s stock, valued at approximately $479,000.

A number of other institutional investors have also made changes to their positions in the business. Norges Bank bought a new stake in Howmet Aerospace during the 2nd quarter worth about $1,633,157,000. JPMorgan Chase & Co. lifted its position in shares of Howmet Aerospace by 30.1% during the second quarter. JPMorgan Chase & Co. now owns 31,806,624 shares of the company’s stock worth $5,920,181,000 after purchasing an additional 7,356,077 shares in the last quarter. American Century Companies Inc. lifted its position in shares of Howmet Aerospace by 51.8% during the second quarter. American Century Companies Inc. now owns 3,635,999 shares of the company’s stock worth $676,769,000 after purchasing an additional 1,240,071 shares in the last quarter. Westfield Capital Management Co. LP grew its stake in shares of Howmet Aerospace by 68.8% during the second quarter. Westfield Capital Management Co. LP now owns 1,915,955 shares of the company’s stock valued at $356,617,000 after purchasing an additional 780,896 shares during the last quarter. Finally, Geode Capital Management LLC increased its holdings in shares of Howmet Aerospace by 7.0% in the second quarter. Geode Capital Management LLC now owns 10,938,815 shares of the company’s stock valued at $2,032,221,000 after purchasing an additional 719,888 shares in the last quarter. 90.46% of the stock is owned by institutional investors.

Howmet Aerospace Price Performance

Shares of HWM stock opened at $262.12 on Friday. The company has a quick ratio of 1.09, a current ratio of 2.13 and a debt-to-equity ratio of 0.53. Howmet Aerospace Inc. has a 12-month low of $105.04 and a 12-month high of $262.63. The firm has a fifty day moving average of $224.60 and a 200-day moving average of $203.01. The firm has a market capitalization of $105.10 billion, a price-to-earnings ratio of 70.65, a price-to-earnings-growth ratio of 2.41 and a beta of 1.26.

Howmet Aerospace (NYSE:HWM) last issued its quarterly earnings data on Thursday, February 12th. The company reported $1.05 EPS for the quarter, topping the consensus estimate of $0.97 by $0.08. Howmet Aerospace had a return on equity of 30.41% and a net margin of 18.27%.The business had revenue of $2.17 billion for the quarter, compared to the consensus estimate of $2.12 billion. During the same quarter last year, the business posted $0.77 EPS. The firm’s revenue was up 14.6% compared to the same quarter last year. Howmet Aerospace has set its Q1 2026 guidance at 1.090-1.110 EPS and its FY 2026 guidance at 4.350-4.550 EPS. On average, equities research analysts forecast that Howmet Aerospace Inc. will post 3.27 earnings per share for the current year.

Howmet Aerospace Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 25th. Investors of record on Friday, February 6th were paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend was Friday, February 6th. Howmet Aerospace’s dividend payout ratio is presently 12.94%.

Analysts Set New Price Targets

Several research analysts have issued reports on the company. TD Cowen reaffirmed a “buy” rating on shares of Howmet Aerospace in a report on Friday, October 31st. Truist Financial set a $258.00 target price on Howmet Aerospace in a research report on Friday, January 9th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $275.00 price target on shares of Howmet Aerospace in a report on Friday, February 13th. Jefferies Financial Group reiterated a “buy” rating and issued a $315.00 price objective on shares of Howmet Aerospace in a research report on Sunday, February 15th. Finally, BTIG Research boosted their price objective on Howmet Aerospace from $240.00 to $275.00 and gave the stock a “buy” rating in a report on Wednesday, February 18th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, Howmet Aerospace currently has an average rating of “Moderate Buy” and a consensus price target of $252.95.

Insider Activity at Howmet Aerospace

In other Howmet Aerospace news, EVP Neil Edward Marchuk sold 45,150 shares of the firm’s stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $251.70, for a total transaction of $11,364,255.00. Following the sale, the executive vice president directly owned 107,008 shares in the company, valued at approximately $26,933,913.60. This trade represents a 29.67% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, VP Barbara Lou Shultz sold 1,000 shares of Howmet Aerospace stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $260.00, for a total transaction of $260,000.00. Following the completion of the transaction, the vice president directly owned 23,874 shares in the company, valued at approximately $6,207,240. The trade was a 4.02% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 1.04% of the company’s stock.

Howmet Aerospace Company 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.