Allworth Financial LP Boosts Holdings in Howmet Aerospace Inc. $HWM

Allworth Financial LP boosted its position in shares of Howmet Aerospace Inc. (NYSE:HWM) by 123.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 21,182 shares of the company’s stock after acquiring an additional 11,711 shares during the period. Allworth Financial LP’s holdings in Howmet Aerospace were worth $4,343,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Freemont Management S.A. grew its position in Howmet Aerospace by 197.1% during the fourth quarter. Freemont Management S.A. now owns 20,200 shares of the company’s stock valued at $4,141,000 after buying an additional 13,400 shares during the period. Atria Investments Inc grew its position in shares of Howmet Aerospace by 19.4% in the fourth quarter. Atria Investments Inc now owns 22,821 shares of the company’s stock valued at $4,679,000 after purchasing an additional 3,712 shares during the period. Navalign LLC acquired a new stake in shares of Howmet Aerospace in the fourth quarter valued at about $105,000. Catalyst Financial Partners LLC grew its position in shares of Howmet Aerospace by 0.9% in the fourth quarter. Catalyst Financial Partners LLC now owns 5,561 shares of the company’s stock valued at $1,140,000 after purchasing an additional 48 shares during the period. Finally, Summit Wealth Group LLC Co. acquired a new stake in shares of Howmet Aerospace in the fourth quarter valued at about $238,000. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Insiders Place Their Bets

In other Howmet Aerospace news, EVP Neil Edward Marchuk sold 45,150 shares of the company’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $251.70, for a total transaction of $11,364,255.00. Following the completion of the transaction, the executive vice president owned 107,008 shares in the company, valued at approximately $26,933,913.60. This represents a 29.67% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Barbara Lou Shultz sold 1,000 shares of the company’s stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $260.00, for a total transaction of $260,000.00. Following the transaction, the vice president owned 23,874 shares of the company’s stock, valued at approximately $6,207,240. The trade was a 4.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 88,082 shares of company stock valued at $22,924,929. 0.85% of the stock is owned by insiders.

Wall Street Analyst Weigh In

HWM has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $320.00 target price on shares of Howmet Aerospace in a research report on Friday, May 8th. Truist Financial set a $280.00 target price on shares of Howmet Aerospace in a research report on Wednesday, March 11th. Jefferies Financial Group reiterated a “buy” rating and issued a $320.00 target price on shares of Howmet Aerospace in a research report on Sunday, May 10th. Weiss Ratings reissued a “buy (b)” rating on shares of Howmet Aerospace in a research note on Tuesday, April 21st. Finally, Wolfe Research set a $270.00 price target on shares of Howmet Aerospace and gave the stock an “outperform” rating in a research note on Wednesday, March 11th. Eighteen analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $283.84.

Howmet Aerospace Trading Down 4.4%

Shares of HWM stock opened at $260.45 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 fifty-two week low of $160.01 and a fifty-two week high of $280.74. The stock has a market capitalization of $104.21 billion, a P/E ratio of 60.43, a price-to-earnings-growth ratio of 2.07 and a beta of 1.19. The company has a 50 day moving average price of $246.96 and a 200 day moving average price of $226.47.

Howmet Aerospace (NYSE:HWM) last released its quarterly earnings results on Thursday, May 7th. The company reported $1.22 EPS for the quarter, beating the consensus estimate 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 during the quarter, compared to the consensus estimate of $2.24 billion. During the same quarter in the prior year, the firm earned $0.86 EPS. Howmet Aerospace’s revenue for the quarter 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 research analysts predict that Howmet Aerospace Inc. will post 5.02 EPS for the current fiscal year.

Howmet Aerospace Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 26th. Shareholders of record on Friday, May 8th will be given a dividend of $0.12 per share. The ex-dividend date is Friday, May 8th. This represents a $0.48 dividend on an annualized basis and a yield of 0.2%. Howmet Aerospace’s dividend payout ratio is presently 11.14%.

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.