Ibex Wealth Advisors Acquires 2,677 Shares of Howmet Aerospace Inc. $HWM

Ibex Wealth Advisors boosted its holdings in Howmet Aerospace Inc. (NYSE:HWM) by 7.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 37,047 shares of the company’s stock after buying an additional 2,677 shares during the quarter. Ibex Wealth Advisors’ holdings in Howmet Aerospace were worth $7,595,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Clark Capital Management Group Inc. bought a new position in Howmet Aerospace during the fourth quarter worth $227,000. Kemnay Advisory Services Inc. acquired a new stake in Howmet Aerospace during the 4th quarter worth about $33,000. State of Wisconsin Investment Board lifted its stake in shares of Howmet Aerospace by 2.8% in the 4th quarter. State of Wisconsin Investment Board now owns 221,462 shares of the company’s stock valued at $45,404,000 after purchasing an additional 6,074 shares during the period. Captrust Financial Advisors boosted its position in shares of Howmet Aerospace by 2.1% during the 4th quarter. Captrust Financial Advisors now owns 28,539 shares of the company’s stock valued at $5,851,000 after purchasing an additional 593 shares in the last quarter. Finally, Fred Alger Management LLC grew its stake in Howmet Aerospace by 68.5% during the fourth quarter. Fred Alger Management LLC now owns 104,676 shares of the company’s stock worth $21,461,000 after purchasing an additional 42,539 shares during the period. Institutional investors and hedge funds own 90.46% of the company’s stock.

Insider Activity at Howmet Aerospace

In other news, EVP Neil Edward Marchuk sold 41,932 shares of the business’s stock in a transaction dated 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 of the company’s stock, valued at approximately $17,545,797.50. The trade was 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 the SEC website. Insiders own 0.85% of the company’s stock.

Howmet Aerospace Stock Performance

NYSE HWM opened at $277.97 on Wednesday. The company has a 50-day simple moving average of $255.12 and a 200 day simple moving average of $235.02. Howmet Aerospace Inc. has a 52-week low of $169.06 and a 52-week high of $280.74. The company has a market capitalization of $111.22 billion, a PE ratio of 64.50, a price-to-earnings-growth ratio of 2.14 and a beta of 1.19. 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 (NYSE:HWM) last posted its earnings results on Thursday, May 7th. The company reported $1.22 earnings per share for the quarter, topping the consensus estimate of $1.11 by $0.11. The firm had revenue of $2.31 billion during the quarter, compared to the consensus estimate of $2.24 billion. Howmet Aerospace had a net margin of 20.23% and a return on equity of 29.27%. The company’s revenue was up 19.1% on a year-over-year basis. During the same quarter last year, the company earned $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. On average, research analysts predict that Howmet Aerospace Inc. will post 5.04 EPS for the current year.

Howmet Aerospace Dividend Announcement

The business also recently announced 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 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend was Friday, May 8th. Howmet Aerospace’s payout ratio is presently 11.14%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. KeyCorp assumed coverage on Howmet Aerospace in a report on Wednesday, March 25th. They issued a “sector weight” rating for the company. Susquehanna raised their price objective on shares of Howmet Aerospace from $300.00 to $330.00 and gave the stock a “positive” rating in a research report on Friday, May 8th. Royal Bank Of Canada raised their price objective on shares of Howmet Aerospace from $275.00 to $300.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 11th. Wells Fargo & Company assumed coverage on shares of Howmet Aerospace in a research report on Wednesday, April 1st. They set an “equal weight” rating and a $240.00 price objective for the company. Finally, Bank of America raised their price objective on shares of Howmet Aerospace from $250.00 to $300.00 and gave the stock a “buy” rating in a research report on Friday, February 20th. Eighteen investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, Howmet Aerospace presently has a consensus rating of “Moderate Buy” and an average target price of $287.53.

Howmet Aerospace Company 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.