Vise Technologies Inc. lifted its holdings in Howmet Aerospace Inc. (NYSE:HWM – Free Report) by 19.0% during the fourth quarter, Holdings Channel reports. The institutional investor owned 17,600 shares of the company’s stock after purchasing an additional 2,809 shares during the quarter. Vise Technologies Inc.’s holdings in Howmet Aerospace were worth $3,608,000 at the end of the most recent reporting period.
Other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC boosted its stake in shares of Howmet Aerospace by 5.4% during the 4th quarter. Brighton Jones LLC now owns 2,548 shares of the company’s stock worth $279,000 after acquiring an additional 130 shares in the last quarter. Acadian Asset Management LLC purchased a new stake in shares of Howmet Aerospace during the 1st quarter worth approximately $399,000. Sivia Capital Partners LLC purchased a new stake in shares of Howmet Aerospace during the 2nd quarter worth approximately $216,000. Brown Advisory Inc. boosted its stake in shares of Howmet Aerospace by 31.0% during the 2nd quarter. Brown Advisory Inc. now owns 4,180 shares of the company’s stock worth $778,000 after acquiring an additional 990 shares in the last quarter. Finally, Cary Street Partners Financial LLC purchased a new stake in shares of Howmet Aerospace during the 2nd quarter worth approximately $145,000. 90.46% of the stock is currently owned by hedge funds and other institutional investors.
Insider Activity at Howmet Aerospace
In other Howmet Aerospace 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 value of $11,300,674.00. Following the sale, the executive vice president owned 65,105 shares in the company, 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 document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.85% of the company’s stock.
Analyst Upgrades and Downgrades
Check Out Our Latest Analysis on HWM
Howmet Aerospace Stock Performance
Shares of HWM stock opened at $252.01 on Friday. 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 one year low of $165.51 and a one year high of $280.74. The company’s 50-day simple moving average is $250.83 and its 200-day simple moving average is $231.82. The stock has a market capitalization of $100.83 billion, a price-to-earnings ratio of 58.47, a PEG ratio of 1.97 and a beta of 1.19.
Howmet Aerospace (NYSE:HWM – Get Free Report) last issued its earnings results on Thursday, May 7th. The company reported $1.22 earnings per share (EPS) 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 firm had revenue of $2.31 billion for the quarter, compared to analysts’ expectations of $2.24 billion. During the same quarter last year, the company posted $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. Equities analysts anticipate that Howmet Aerospace Inc. will post 5.04 earnings per share for the current fiscal year.
Howmet Aerospace Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, May 26th. Shareholders of record on Friday, May 8th were paid a $0.12 dividend. The ex-dividend date was 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 presently 11.14%.
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.
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