QRG Capital Management Inc. Has $13.82 Million Holdings in Howmet Aerospace Inc. $HWM

QRG Capital Management Inc. raised its stake in shares of Howmet Aerospace Inc. (NYSE:HWM) by 162.8% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 59,956 shares of the company’s stock after purchasing an additional 37,141 shares during the period. QRG Capital Management Inc.’s holdings in Howmet Aerospace were worth $13,817,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of HWM. Newbridge Financial Services Group Inc. grew its position in shares of Howmet Aerospace by 119.7% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock valued at $25,000 after buying an additional 73 shares during the last quarter. Acumen Wealth Advisors LLC acquired a new stake in shares of Howmet Aerospace in the fourth quarter valued at about $25,000. Sound Income Strategies LLC raised its position 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 during the last quarter. Cornerstone Financial Management LLC bought a new position in shares of Howmet Aerospace during the fourth quarter worth about $28,000. Finally, Vermillion & White Wealth Management Group LLC lifted its stake in shares of Howmet Aerospace by 65.1% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 137 shares of the company’s stock worth $28,000 after acquiring an additional 54 shares during the period. 90.46% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Howmet Aerospace

In related news, EVP Neil Edward Marchuk sold 41,932 shares of the business’s stock in a transaction 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 owned 65,105 shares in the company, valued at $17,545,797.50. The trade was a 39.18% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.85% of the stock is owned by corporate insiders.

Howmet Aerospace Stock Up 0.1%

Shares of Howmet Aerospace stock opened at $270.59 on Friday. Howmet Aerospace Inc. has a one year low of $169.45 and a one year high of $290.63. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.44 and a quick ratio of 1.59. The stock’s 50-day moving average is $261.39 and its 200 day moving average is $241.77. The firm has a market cap of $108.26 billion, a price-to-earnings ratio of 62.78, a PEG ratio of 2.14 and a beta of 1.19.

Howmet Aerospace (NYSE:HWM) last released its earnings results on Thursday, May 7th. The company reported $1.22 EPS for the quarter, topping the consensus estimate of $1.11 by $0.11. The business had revenue of $2.31 billion during the quarter, compared to analysts’ expectations of $2.24 billion. Howmet Aerospace had a return on equity of 29.27% and a net margin of 20.23%.The firm’s revenue was up 19.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.86 earnings per share. 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 research analysts anticipate that Howmet Aerospace Inc. will post 5.05 EPS for the current year.

Howmet Aerospace Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, May 26th. Stockholders 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 payout ratio is currently 11.14%.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. Jefferies Financial Group reiterated a “buy” rating and issued a $320.00 target price on shares of Howmet Aerospace in a report on Sunday, May 10th. JPMorgan Chase & Co. raised their price target on shares of Howmet Aerospace from $265.00 to $310.00 and gave the stock an “overweight” rating in a report on Monday, May 11th. KeyCorp assumed coverage on shares of Howmet Aerospace in a research report on Wednesday, March 25th. They issued a “sector weight” rating on the stock. Susquehanna upped their price objective on shares of Howmet Aerospace from $300.00 to $330.00 and gave the company a “positive” rating in a research note on Friday, May 8th. Finally, Wolfe Research set a $270.00 price objective on shares of Howmet Aerospace and gave the stock an “outperform” rating in a research report on Wednesday, March 11th. Eighteen research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $287.95.

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.