Aster Capital Management DIFC Ltd Acquires New Shares in Howmet Aerospace Inc. $HWM

Aster Capital Management DIFC Ltd bought a new position in Howmet Aerospace Inc. (NYSE:HWM) during the 4th quarter, Holdings Channel.com reports. The fund bought 7,435 shares of the company’s stock, valued at approximately $1,524,000. Howmet Aerospace accounts for about 0.7% of Aster Capital Management DIFC Ltd’s investment portfolio, making the stock its 21st largest holding.

Other institutional investors and hedge funds have also bought and sold shares of the company. Silverleafe Capital Partners LLC boosted its position in Howmet Aerospace by 339.3% in the fourth quarter. Silverleafe Capital Partners LLC now owns 5,847 shares of the company’s stock worth $1,199,000 after purchasing an additional 4,516 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH boosted its position in Howmet Aerospace by 8.2% in the fourth quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 475,814 shares of the company’s stock worth $96,916,000 after purchasing an additional 36,195 shares during the last quarter. M&T Bank Corp boosted its position in Howmet Aerospace by 75.0% in the fourth quarter. M&T Bank Corp now owns 42,975 shares of the company’s stock worth $8,810,000 after purchasing an additional 18,417 shares during the last quarter. Munich Reinsurance Co Stock Corp in Munich purchased a new position in Howmet Aerospace in the third quarter worth about $33,583,000. Finally, Asset Management One Co. Ltd. boosted its position in Howmet Aerospace by 4.0% in the fourth quarter. Asset Management One Co. Ltd. now owns 194,734 shares of the company’s stock worth $40,777,000 after purchasing an additional 7,508 shares during the last quarter. 90.46% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

HWM has been the topic of several research reports. UBS Group raised their target price on Howmet Aerospace from $260.00 to $290.00 and gave the stock a “neutral” rating in a research report on Friday, May 8th. The Goldman Sachs Group set a $228.00 price objective on Howmet Aerospace in a research report on Tuesday, February 17th. Jefferies Financial Group reaffirmed a “buy” rating and set a $320.00 price objective on shares of Howmet Aerospace in a research report on Sunday, May 10th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $320.00 price objective on shares of Howmet Aerospace in a research report on Friday, May 8th. Finally, Bank of America lifted 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. Eighteen equities research 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, Howmet Aerospace currently has a consensus rating of “Moderate Buy” and a consensus target price of $285.53.

Insider Transactions at Howmet Aerospace

In related news, EVP Neil Edward Marchuk sold 41,932 shares of Howmet Aerospace stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $269.50, for a total transaction 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 trade represents a 39.18% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.85% of the company’s stock.

Howmet Aerospace Stock Up 2.4%

HWM stock opened at $270.91 on Tuesday. Howmet Aerospace Inc. has a twelve month low of $169.06 and a twelve month high of $280.74. The company has a quick ratio of 1.59, a current ratio of 2.44 and a debt-to-equity ratio of 0.73. The stock has a market cap of $108.39 billion, a P/E ratio of 62.86, a PEG ratio of 2.10 and a beta of 1.19. The business’s 50-day moving average price is $254.22 and its 200-day moving average price is $234.50.

Howmet Aerospace (NYSE:HWM) last posted its quarterly earnings data on Thursday, May 7th. The company reported $1.22 earnings per share for the quarter, beating analysts’ consensus estimates of $1.11 by $0.11. Howmet Aerospace had a return on equity of 29.27% and a net margin of 20.23%.The firm had revenue of $2.31 billion for the quarter, compared to analysts’ expectations of $2.24 billion. During the same period in the previous year, the firm earned $0.86 EPS. The business’s quarterly 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. On average, equities research analysts forecast that Howmet Aerospace Inc. will post 5.04 EPS for the current year.

Howmet Aerospace Dividend Announcement

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

About Howmet Aerospace

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.