Telligent Fund LP Acquires 4,500 Shares of Howmet Aerospace Inc. $HWM

Telligent Fund LP raised its holdings in shares of Howmet Aerospace Inc. (NYSE:HWMFree Report) by 37.5% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 16,500 shares of the company’s stock after buying an additional 4,500 shares during the period. Howmet Aerospace comprises 4.1% of Telligent Fund LP’s portfolio, making the stock its 11th largest holding. Telligent Fund LP’s holdings in Howmet Aerospace were worth $3,803,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in HWM. Newbridge Financial Services Group Inc. boosted its stake in shares of Howmet Aerospace by 119.7% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock worth $25,000 after acquiring an additional 73 shares during the last quarter. Acumen Wealth Advisors LLC purchased a new stake in shares of Howmet Aerospace in the 4th quarter worth $25,000. Sound Income Strategies LLC raised its holdings in Howmet Aerospace by 66.7% in the 4th quarter. Sound Income Strategies LLC now owns 125 shares of the company’s stock worth $28,000 after purchasing an additional 50 shares during the period. Cornerstone Financial Management LLC bought a new position in Howmet Aerospace in the 4th quarter worth $28,000. Finally, Vermillion & White Wealth Management Group LLC raised its holdings in Howmet Aerospace by 65.1% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 137 shares of the company’s stock worth $28,000 after purchasing an additional 54 shares during the period. 90.46% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

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 stock was sold at an average price of $269.50, for a total transaction of $11,300,674.00. Following the completion of the transaction, the executive vice president owned 65,105 shares in the company, valued at $17,545,797.50. This trade represents a 39.18% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.85% of the stock is owned by corporate insiders.

Howmet Aerospace Stock Up 2.6%

Shares of HWM stock opened at $278.98 on Wednesday. The company’s fifty day simple moving average is $266.46 and its two-hundred day simple moving average is $247.91. Howmet Aerospace Inc. has a 52 week low of $169.45 and a 52 week high of $290.63. The stock has a market cap of $111.62 billion, a P/E ratio of 64.73, a PEG ratio of 2.14 and a beta of 1.19. The company has a quick ratio of 1.59, a current ratio of 2.44 and a debt-to-equity ratio of 0.73.

Howmet Aerospace (NYSE:HWMGet Free Report) last issued its quarterly earnings data on Thursday, May 7th. The company reported $1.22 earnings per share for the quarter, beating 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 firm had revenue of $2.31 billion during the quarter, compared to analyst estimates of $2.24 billion. During the same quarter last year, the business posted $0.86 earnings per share. The business’s quarterly revenue was up 19.1% compared to the same quarter last year. 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. Analysts predict that Howmet Aerospace Inc. will post 5.05 EPS 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 issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 0.2%. The ex-dividend date was Friday, May 8th. Howmet Aerospace’s dividend payout ratio (DPR) is currently 11.14%.

Wall Street Analysts Forecast Growth

HWM has been the subject of several recent research reports. KeyCorp began coverage on Howmet Aerospace in a report on Wednesday, March 25th. They set a “sector weight” rating for the company. UBS Group raised their price objective on Howmet Aerospace from $260.00 to $290.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $320.00 price objective on shares of Howmet Aerospace in a research report on Friday, May 8th. TD Cowen boosted their price objective on Howmet Aerospace from $300.00 to $320.00 and gave the company a “buy” rating in a research note on Monday, July 13th. Finally, BTIG Research increased their target price on shares of Howmet Aerospace from $275.00 to $300.00 and gave the stock a “buy” rating in a report on Friday, May 8th. Eighteen research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $293.21.

Read Our Latest Stock Analysis on Howmet Aerospace

Howmet Aerospace Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Howmet Aerospace (NYSE:HWM)

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