Fideuram Intesa Sanpaolo Private Banking S.P.A. Invests $1.25 Million in Howmet Aerospace Inc. $HWM

Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new stake in Howmet Aerospace Inc. (NYSE:HWM) in the 4th quarter, Holdings Channel reports. The firm acquired 6,107 shares of the company’s stock, valued at approximately $1,252,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Sound Income Strategies LLC increased its position in Howmet Aerospace by 66.7% during the fourth quarter. Sound Income Strategies LLC now owns 125 shares of the company’s stock worth $28,000 after acquiring an additional 50 shares during the period. Newbridge Financial Services Group Inc. boosted its holdings in 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 purchasing an additional 73 shares during the period. Flagship Wealth Advisors LLC bought a new stake in Howmet Aerospace in the 3rd quarter valued at $33,000. Laurel Wealth Advisors LLC acquired a new stake in Howmet Aerospace in the 4th quarter worth $36,000. Finally, Ares Financial Consulting LLC acquired a new stake in Howmet Aerospace in the 4th quarter worth $37,000. Institutional investors and hedge funds own 90.46% of the company’s stock.

Insider Transactions at Howmet Aerospace

In other news, EVP Neil Edward Marchuk sold 41,932 shares of the 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 sale, the executive vice president directly owned 65,105 shares of the company’s stock, valued at $17,545,797.50. This represents a 39.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Barbara Lou Shultz sold 1,000 shares of Howmet Aerospace stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $260.00, for a total value of $260,000.00. Following the completion of the sale, the vice president directly 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. The disclosure for this sale is available in the SEC filing. Insiders own 0.85% of the company’s stock.

Analyst Upgrades and Downgrades

HWM has been the subject of a number of research analyst reports. Wells Fargo & Company began 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. Bank of America boosted their price objective on Howmet Aerospace from $250.00 to $300.00 and gave the company a “buy” rating in a research report on Friday, February 20th. Citigroup boosted their price target on shares of Howmet Aerospace from $271.00 to $303.00 and gave the company a “buy” rating in a report on Monday. The Goldman Sachs Group set a $228.00 target price on shares of Howmet Aerospace in a research note on Tuesday, February 17th. Finally, KeyCorp started coverage on Howmet Aerospace in a research note on Wednesday, March 25th. They issued a “sector weight” rating on the stock. Eighteen investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $285.53.

Howmet Aerospace Price Performance

Shares of Howmet Aerospace stock opened at $259.96 on Friday. The company has a current ratio of 2.44, a quick ratio of 1.59 and a debt-to-equity ratio of 0.73. The stock has a market capitalization of $104.01 billion, a price-to-earnings ratio of 60.31, a P/E/G ratio of 2.07 and a beta of 1.19. Howmet Aerospace Inc. has a 1-year low of $160.01 and a 1-year high of $280.74. The firm’s 50-day moving average price is $247.37 and its two-hundred day moving average price is $228.17.

Howmet Aerospace (NYSE:HWM) last posted 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. The company had revenue of $2.31 billion during the quarter, compared to analysts’ expectations of $2.24 billion. Howmet Aerospace had a net margin of 20.23% and a return on equity of 29.27%. Howmet Aerospace’s quarterly revenue was up 19.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $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, equities analysts predict that Howmet Aerospace Inc. will post 5.04 earnings per share for the current fiscal year.

Howmet Aerospace Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 26th. Stockholders of record on Friday, May 8th will be paid a $0.12 dividend. The ex-dividend date is Friday, May 8th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.2%. Howmet Aerospace’s dividend payout ratio (DPR) is 11.14%.

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.