Wellspring Financial Advisors LLC Has $1.01 Million Stock Holdings in Howmet Aerospace Inc. $HWM

Wellspring Financial Advisors LLC raised its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM) by 309.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,936 shares of the company’s stock after purchasing an additional 3,730 shares during the quarter. Wellspring Financial Advisors LLC’s holdings in Howmet Aerospace were worth $1,013,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in HWM. Brighton Jones LLC lifted its holdings in Howmet Aerospace by 5.4% during the 4th quarter. Brighton Jones LLC now owns 2,548 shares of the company’s stock valued at $279,000 after purchasing an additional 130 shares during the last quarter. Acadian Asset Management LLC acquired a new stake in Howmet Aerospace during the 1st quarter valued at $399,000. Sivia Capital Partners LLC acquired a new stake in Howmet Aerospace during the 2nd quarter valued at $216,000. Brown Advisory Inc. lifted its holdings in Howmet Aerospace by 31.0% during the 2nd quarter. Brown Advisory Inc. now owns 4,180 shares of the company’s stock valued at $778,000 after purchasing an additional 990 shares during the last quarter. Finally, Cary Street Partners Financial LLC acquired a new stake in Howmet Aerospace during the 2nd quarter valued at $145,000. Institutional investors and hedge funds own 90.46% of the company’s stock.

Insider Transactions at Howmet Aerospace

In other Howmet Aerospace news, EVP Neil Edward Marchuk sold 41,932 shares of Howmet Aerospace stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $269.50, for a total value of $11,300,674.00. Following the transaction, the executive vice president owned 65,105 shares in the company, valued at $17,545,797.50. The trade was a 39.18% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.85% of the stock is currently owned by corporate insiders.

Howmet Aerospace Stock Down 3.0%

Shares of NYSE HWM opened at $249.44 on Thursday. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.59 and a current ratio of 2.44. Howmet Aerospace Inc. has a 52 week low of $165.51 and a 52 week high of $280.74. The stock has a market capitalization of $99.80 billion, a P/E ratio of 57.87, a PEG ratio of 2.04 and a beta of 1.19. The stock’s fifty day moving average is $252.26 and its 200 day moving average is $233.11.

Howmet Aerospace (NYSE:HWM) last issued its quarterly earnings results on Thursday, May 7th. The company reported $1.22 EPS for the quarter, topping analysts’ consensus estimates of $1.11 by $0.11. Howmet Aerospace had a return on equity of 29.27% and a net margin of 20.23%.The company had revenue of $2.31 billion for the quarter, compared to analysts’ expectations of $2.24 billion. During the same quarter last year, the business earned $0.86 earnings per share. Howmet Aerospace’s revenue 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. Sell-side analysts forecast that Howmet Aerospace Inc. will post 5.04 earnings per share for the current fiscal year.

Howmet Aerospace Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 26th. Shareholders of record on Friday, May 8th were given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date was Friday, May 8th. Howmet Aerospace’s payout ratio is currently 11.14%.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the company. Bank of America raised their price target on Howmet Aerospace from $250.00 to $300.00 and gave the company a “buy” rating in a report on Friday, February 20th. BTIG Research raised their price target on Howmet Aerospace from $275.00 to $300.00 and gave the company a “buy” rating in a report on Friday, May 8th. Weiss Ratings reiterated a “buy (b)” rating on shares of Howmet Aerospace in a research report on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $320.00 price objective on shares of Howmet Aerospace in a research report on Friday, May 8th. Finally, JPMorgan Chase & Co. increased their price objective on Howmet Aerospace from $265.00 to $310.00 and gave the stock an “overweight” rating in a research report on Monday, May 11th. Eighteen equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Howmet Aerospace has an average rating of “Moderate Buy” and an average target price of $285.53.

About Howmet Aerospace

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.