HighTower Advisors LLC Buys 11,936 Shares of Howmet Aerospace Inc. $HWM

HighTower Advisors LLC raised its stake in shares of Howmet Aerospace Inc. (NYSE:HWM) by 36.6% in the 4th quarter, Holdings Channel reports. The firm owned 44,547 shares of the company’s stock after acquiring an additional 11,936 shares during the period. HighTower Advisors LLC’s holdings in Howmet Aerospace were worth $9,133,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Auxano Advisors LLC bought a new position in shares of Howmet Aerospace during the 4th quarter valued at about $205,000. Envestnet Portfolio Solutions Inc. boosted its holdings in shares of Howmet Aerospace by 3.7% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 15,798 shares of the company’s stock valued at $3,239,000 after purchasing an additional 566 shares during the last quarter. TD Private Client Wealth LLC boosted its holdings in shares of Howmet Aerospace by 0.9% during the 4th quarter. TD Private Client Wealth LLC now owns 17,575 shares of the company’s stock valued at $3,603,000 after purchasing an additional 164 shares during the last quarter. Gamco Investors INC. ET AL boosted its holdings in shares of Howmet Aerospace by 37.6% during the 4th quarter. Gamco Investors INC. ET AL now owns 75,742 shares of the company’s stock valued at $15,529,000 after purchasing an additional 20,699 shares during the last quarter. Finally, Gabelli Funds LLC lifted its holdings in shares of Howmet Aerospace by 19.7% in the 4th quarter. Gabelli Funds LLC now owns 134,301 shares of the company’s stock valued at $27,534,000 after acquiring an additional 22,065 shares during the last quarter. Institutional investors own 90.46% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on HWM shares. The Goldman Sachs Group set a $228.00 price target on shares of Howmet Aerospace in a report on Tuesday, February 17th. BNP Paribas Exane reaffirmed an “outperform” rating and issued a $340.00 price target (up from $265.00) on shares of Howmet Aerospace in a report on Friday, May 8th. Morgan Stanley reaffirmed an “overweight” rating and issued a $315.00 price target on shares of Howmet Aerospace in a report on Friday, May 8th. Wells Fargo & Company started coverage on shares of Howmet Aerospace in a report on Wednesday, April 1st. They issued an “equal weight” rating and a $240.00 price target for the company. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $280.00 price target on shares of Howmet Aerospace in a report on Tuesday, February 17th. Eighteen analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $285.53.

Insider Buying and Selling

In other news, EVP Neil Edward Marchuk sold 41,932 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $269.50, for a total transaction of $11,300,674.00. Following 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Barbara Lou Shultz sold 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $260.00, for a total transaction of $260,000.00. Following the transaction, the vice president directly owned 23,874 shares in the company, valued at approximately $6,207,240. This trade represents a 4.02% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.85% of the company’s stock.

Howmet Aerospace Stock Performance

Howmet Aerospace stock opened at $256.52 on Tuesday. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.44 and a quick ratio of 1.59. Howmet Aerospace Inc. has a 1-year low of $160.01 and a 1-year high of $280.74. The firm has a market capitalization of $102.64 billion, a P/E ratio of 59.52, a price-to-earnings-growth ratio of 2.03 and a beta of 1.19. The company’s 50-day moving average is $247.72 and its 200 day moving average is $228.89.

Howmet Aerospace (NYSE:HWM) last posted its quarterly earnings data 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. Howmet Aerospace had a net margin of 20.23% and a return on equity of 29.27%. The company had revenue of $2.31 billion for the quarter, compared to analyst estimates of $2.24 billion. During the same period in the prior year, the company posted $0.86 EPS. The firm’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. Research analysts forecast that Howmet Aerospace Inc. will post 5.04 EPS for the current year.

Howmet Aerospace Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, May 26th. Stockholders of record on Friday, May 8th will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, May 8th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.2%. Howmet Aerospace’s dividend payout ratio (DPR) is 11.14%.

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.