Atria Investments Inc Buys 3,712 Shares of Howmet Aerospace Inc. $HWM

Atria Investments Inc grew its stake in Howmet Aerospace Inc. (NYSE:HWMFree Report) by 19.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,821 shares of the company’s stock after acquiring an additional 3,712 shares during the period. Atria Investments Inc’s holdings in Howmet Aerospace were worth $4,679,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of HWM. Newbridge Financial Services Group Inc. grew its holdings 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 acquiring an additional 73 shares in the last quarter. Sound Income Strategies LLC grew its holdings in shares of Howmet Aerospace by 66.7% in the 4th quarter. Sound Income Strategies LLC now owns 125 shares of the company’s stock valued at $28,000 after acquiring an additional 50 shares in the last quarter. Manning & Napier Advisors LLC bought a new position in shares of Howmet Aerospace in the 3rd quarter valued at about $32,000. Flagship Wealth Advisors LLC bought a new position in shares of Howmet Aerospace in the 3rd quarter valued at about $33,000. Finally, Laurel Wealth Advisors LLC bought a new position in shares of Howmet Aerospace in the 4th quarter valued at about $36,000. Institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Trading Down 4.4%

Shares of NYSE:HWM opened at $260.45 on Friday. Howmet Aerospace Inc. has a 52-week low of $160.01 and a 52-week high of $280.74. The company 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 simple moving average of $246.96 and a 200 day simple moving average of $226.47. 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:HWMGet Free Report) last issued its earnings results on Thursday, May 7th. The company reported $1.22 earnings per share (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 business had revenue of $2.31 billion during the quarter, compared to the consensus estimate of $2.24 billion. During the same period last year, the business posted $0.86 EPS. Howmet Aerospace’s revenue 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. Sell-side analysts forecast that Howmet Aerospace Inc. will post 5.02 earnings per share for the current year.

Howmet Aerospace Announces Dividend

The business 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 annualized dividend and a yield of 0.2%. Howmet Aerospace’s dividend payout ratio (DPR) is 11.14%.

Analyst Upgrades and Downgrades

HWM has been the subject of several analyst reports. BTIG Research raised their price objective on Howmet Aerospace from $275.00 to $300.00 and gave the company a “buy” rating in a report on Friday, May 8th. Bank of America raised their target price on shares of Howmet Aerospace from $250.00 to $300.00 and gave the company a “buy” rating in a research note on Friday, February 20th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $280.00 target price on shares of Howmet Aerospace in a research note on Tuesday, February 17th. Wolfe Research set a $270.00 target price on shares of Howmet Aerospace and gave the company an “outperform” rating in a research note on Wednesday, March 11th. Finally, Truist Financial set a $280.00 target price on shares of Howmet Aerospace in a research note on Wednesday, March 11th. Eighteen investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, Howmet Aerospace presently has an average rating of “Moderate Buy” and a consensus price target of $283.84.

View Our Latest Stock Analysis on Howmet Aerospace

Insider Activity at Howmet Aerospace

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 shares were sold at an average price of $269.50, for a total transaction of $11,300,674.00. Following the completion of the sale, the executive vice president directly owned 65,105 shares in the company, valued at $17,545,797.50. This trade represents a 39.18% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, VP Barbara Lou Shultz sold 1,000 shares of the firm’s stock in a transaction that occurred 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 sale, the vice president owned 23,874 shares of the company’s stock, valued at $6,207,240. This trade represents a 4.02% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 88,082 shares of company stock valued at $22,924,929 over the last 90 days. Company insiders own 0.85% of the company’s stock.

About Howmet Aerospace

(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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