Independent Financial Group LLC Makes New Investment in Howmet Aerospace Inc. $HWM

Independent Financial Group LLC acquired a new position in Howmet Aerospace Inc. (NYSE:HWM) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 2,881 shares of the company’s stock, valued at approximately $664,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Newbridge Financial Services Group Inc. raised its stake in Howmet Aerospace by 119.7% during the 2nd 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 during the last quarter. Acumen Wealth Advisors LLC acquired a new stake in Howmet Aerospace in the 4th quarter worth $25,000. Sound Income Strategies LLC increased its holdings in shares of Howmet Aerospace by 66.7% during 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 acquired a new position in shares of Howmet Aerospace during the fourth quarter valued at about $28,000. Finally, Vermillion & White Wealth Management Group LLC raised its position in shares of Howmet Aerospace by 65.1% during the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 137 shares of the company’s stock valued at $28,000 after buying an additional 54 shares during the last quarter. Institutional investors own 90.46% of the company’s stock.

Analysts Set New Price Targets

HWM has been the topic of a number of recent research reports. BTIG Research lifted their target price on Howmet Aerospace from $275.00 to $300.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. JPMorgan Chase & Co. upped their price target on Howmet Aerospace from $265.00 to $310.00 and gave the company an “overweight” rating in a report on Monday, May 11th. BNP Paribas Exane reissued an “outperform” rating and set a $340.00 price objective (up from $265.00) on shares of Howmet Aerospace in a report on Friday, May 8th. Sanford C. Bernstein restated an “outperform” rating and set a $318.00 price objective on shares of Howmet Aerospace in a research report on Tuesday, June 16th. Finally, UBS Group upped their target price on Howmet Aerospace from $260.00 to $290.00 and gave the company a “neutral” rating in a research note on Friday, May 8th. Eighteen research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $293.21.

Insider Activity at Howmet Aerospace

In other news, EVP Neil Edward Marchuk sold 41,932 shares of the company’s stock in a transaction dated 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 of the company’s stock, valued at approximately $17,545,797.50. This represents a 39.18% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.85% of the company’s stock.

Howmet Aerospace Stock Up 0.8%

NYSE HWM opened at $281.29 on Thursday. Howmet Aerospace Inc. has a 1-year low of $169.45 and a 1-year high of $290.63. The company has a market capitalization of $112.55 billion, a price-to-earnings ratio of 65.26, a PEG ratio of 2.19 and a beta of 1.19. The stock’s 50 day moving average is $266.62 and its two-hundred day moving average is $248.45. The company has a current ratio of 2.44, a quick ratio of 1.59 and a debt-to-equity ratio of 0.73.

Howmet Aerospace (NYSE:HWM) 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. 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%.Howmet Aerospace’s quarterly revenue was up 19.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.86 EPS. 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 forecast that Howmet Aerospace Inc. will post 5.05 earnings per share for the current fiscal year.

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.