Elite Wealth Management Inc. Buys New Position in Howmet Aerospace Inc. $HWM

Elite Wealth Management Inc. bought a new stake in Howmet Aerospace Inc. (NYSE:HWM) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 32,748 shares of the company’s stock, valued at approximately $6,714,000. Howmet Aerospace makes up about 1.8% of Elite Wealth Management Inc.’s investment portfolio, making the stock its 12th biggest position.

A number of other institutional investors and hedge funds have also bought and sold shares of HWM. Newbridge Financial Services Group Inc. raised its stake in 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 purchasing an additional 73 shares in the last quarter. Sound Income Strategies LLC raised its stake in shares of Howmet Aerospace by 66.7% during the fourth quarter. Sound Income Strategies LLC now owns 125 shares of the company’s stock worth $28,000 after acquiring an additional 50 shares in the last quarter. Manning & Napier Advisors LLC purchased a new position in shares of Howmet Aerospace during the third quarter worth approximately $32,000. Flagship Wealth Advisors LLC purchased a new position in shares of Howmet Aerospace during the third quarter worth approximately $33,000. Finally, Laurel Wealth Advisors LLC purchased a new position in shares of Howmet Aerospace during the fourth quarter worth approximately $36,000. 90.46% of the stock is owned by hedge funds and other institutional investors.

Howmet Aerospace Stock Up 0.1%

Shares of Howmet Aerospace stock opened at $239.74 on Monday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.09 and a current ratio of 2.13. Howmet Aerospace Inc. has a 52-week low of $150.21 and a 52-week high of $267.31. The stock has a market capitalization of $96.07 billion, a price-to-earnings ratio of 64.62, a P/E/G ratio of 2.21 and a beta of 1.19. The company’s 50 day moving average price is $245.96 and its 200-day moving average price is $222.16.

Howmet Aerospace (NYSE:HWM) last issued its earnings results on Thursday, February 12th. The company reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.97 by $0.08. Howmet Aerospace had a net margin of 18.27% and a return on equity of 30.41%. The firm had revenue of $2.17 billion for the quarter, compared to analysts’ expectations of $2.12 billion. During the same quarter last year, the business earned $0.77 earnings per share. The business’s revenue was up 14.6% on a year-over-year basis. 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. Equities research analysts forecast that Howmet Aerospace Inc. will post 4.57 EPS for the current year.

Howmet Aerospace Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 26th. Stockholders of record on Friday, May 8th will be issued a $0.12 dividend. The ex-dividend date is Friday, May 8th. This represents a $0.48 annualized dividend and a dividend yield of 0.2%. Howmet Aerospace’s dividend payout ratio (DPR) is currently 12.94%.

Insider Activity at Howmet Aerospace

In other 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 value of $11,364,255.00. Following the transaction, the executive vice president owned 107,008 shares in the company, valued at approximately $26,933,913.60. This trade represents a 29.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 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 completion of the transaction, the vice president owned 23,874 shares in the company, valued at $6,207,240. This represents a 4.02% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.85% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research firms have commented on HWM. Susquehanna lifted their price target on shares of Howmet Aerospace from $255.00 to $290.00 and gave the stock a “positive” rating in a research note on Friday, February 13th. Wolfe Research set a $270.00 price target on shares of Howmet Aerospace and gave the stock an “outperform” rating in a research note on Wednesday, March 11th. Truist Financial set a $280.00 price target on shares of Howmet Aerospace in a research note on Wednesday, March 11th. The Goldman Sachs Group set a $228.00 price target on shares of Howmet Aerospace in a research note on Tuesday, February 17th. Finally, Bank of America lifted their price target on shares of Howmet Aerospace from $250.00 to $300.00 and gave the stock a “buy” rating in a research note on Friday, February 20th. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $266.89.

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.