RPg Family Wealth Advisory LLC Sells 15,735 Shares of Howmet Aerospace Inc. $HWM

RPg Family Wealth Advisory LLC trimmed its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM) by 26.0% during the fourth quarter, HoldingsChannel reports. The fund owned 44,794 shares of the company’s stock after selling 15,735 shares during the quarter. Howmet Aerospace comprises 2.0% of RPg Family Wealth Advisory LLC’s holdings, making the stock its 13th largest position. RPg Family Wealth Advisory LLC’s holdings in Howmet Aerospace were worth $9,184,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Norges Bank acquired a new position in shares of Howmet Aerospace in the 4th quarter worth approximately $1,793,698,000. Invesco Ltd. lifted its position in shares of Howmet Aerospace by 12.2% in the 3rd quarter. Invesco Ltd. now owns 7,367,438 shares of the company’s stock worth $1,445,712,000 after purchasing an additional 801,093 shares during the period. Vanguard Group Inc. lifted its position in shares of Howmet Aerospace by 1.4% in the 3rd quarter. Vanguard Group Inc. now owns 49,139,989 shares of the company’s stock worth $9,642,740,000 after purchasing an additional 664,595 shares during the period. Goldman Sachs Group Inc. lifted its position in shares of Howmet Aerospace by 27.8% in the 4th quarter. Goldman Sachs Group Inc. now owns 2,754,204 shares of the company’s stock worth $564,667,000 after purchasing an additional 599,151 shares during the period. Finally, Franklin Resources Inc. lifted its position in shares of Howmet Aerospace by 56.3% in the 4th quarter. Franklin Resources Inc. now owns 1,433,811 shares of the company’s stock worth $293,960,000 after purchasing an additional 516,570 shares during the period. 90.46% of the stock is owned by institutional investors.

Howmet Aerospace Stock Down 0.1%

Howmet Aerospace stock opened at $264.46 on Friday. 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 Inc. has a 12-month low of $169.06 and a 12-month high of $280.74. The firm’s fifty day moving average is $253.46 and its 200 day moving average is $233.79. The company has a market capitalization of $105.81 billion, a PE ratio of 61.36, a PEG ratio of 2.10 and a beta of 1.19.

Howmet Aerospace (NYSE:HWM) last released its earnings results on Thursday, May 7th. The company reported $1.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.11 by $0.11. Howmet Aerospace had a net margin of 20.23% and a return on equity of 29.27%. The company had revenue of $2.31 billion for the quarter, compared to the consensus estimate of $2.24 billion. During the same quarter in the previous year, the company earned $0.86 EPS. Howmet Aerospace’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. As a group, sell-side analysts predict that Howmet Aerospace Inc. will post 5.04 EPS for the current fiscal year.

Howmet Aerospace Announces Dividend

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

Insider Activity

In related news, EVP Neil Edward Marchuk sold 41,932 shares of the business’s stock in a transaction 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 transaction, the executive vice president owned 65,105 shares in the company, valued at $17,545,797.50. The trade was a 39.18% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.85% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the stock. BTIG Research boosted their price target on shares of Howmet Aerospace from $275.00 to $300.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. Jefferies Financial Group restated a “buy” rating and issued a $320.00 price target on shares of Howmet Aerospace in a research report on Sunday, May 10th. Truist Financial set a $280.00 price target on shares of Howmet Aerospace in a research report on Wednesday, March 11th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $320.00 price target on shares of Howmet Aerospace in a research report on Friday, May 8th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Howmet Aerospace from $265.00 to $310.00 and gave the stock an “overweight” rating in a research report on Monday, May 11th. Eighteen equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, Howmet Aerospace currently has a consensus rating of “Moderate Buy” and an average target price of $285.53.

Howmet Aerospace 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.