Vaughan Nelson Investment Management L.P. Makes New Investment in Howmet Aerospace Inc. $HWM

Vaughan Nelson Investment Management L.P. purchased a new position in Howmet Aerospace Inc. (NYSE:HWM) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 232,510 shares of the company’s stock, valued at approximately $53,584,000.

Other institutional investors also recently modified their holdings of the company. Acumen Wealth Advisors LLC acquired a new stake in shares of Howmet Aerospace during the fourth quarter worth $25,000. Sound Income Strategies LLC lifted its holdings in Howmet Aerospace by 66.7% in the fourth quarter. Sound Income Strategies LLC now owns 125 shares of the company’s stock valued at $28,000 after buying an additional 50 shares during the period. Newbridge Financial Services Group Inc. lifted its holdings in Howmet Aerospace by 119.7% in the second quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock valued at $25,000 after buying an additional 73 shares during the period. Vermillion & White Wealth Management Group LLC lifted its holdings in Howmet Aerospace by 65.1% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 137 shares of the company’s stock valued at $28,000 after buying an additional 54 shares during the period. Finally, Mcguire Capital Advisors Inc. bought a new stake in Howmet Aerospace during the fourth quarter valued at $28,000. 90.46% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of analysts have weighed in on the company. Wolfe Research set a $270.00 price target on Howmet Aerospace and gave the stock an “outperform” rating in a report on Wednesday, March 11th. Citigroup boosted their price objective on Howmet Aerospace from $271.00 to $303.00 and gave the company a “buy” rating in a research note on Monday, May 18th. BNP Paribas Exane restated an “outperform” rating and set a $340.00 target price (up from $265.00) on shares of Howmet Aerospace in a research report on Friday, May 8th. Truist Financial set a $280.00 target price on Howmet Aerospace in a research report on Wednesday, March 11th. Finally, Susquehanna raised their target price on Howmet Aerospace from $300.00 to $330.00 and gave the stock a “positive” rating in a research note on Friday, May 8th. Eighteen research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $287.53.

Insider Activity at Howmet Aerospace

In other news, EVP Neil Edward Marchuk sold 41,932 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $269.50, for a total value 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. This trade 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 hyperlink. 0.85% of the stock is currently owned by company insiders.

Howmet Aerospace Trading Up 0.2%

NYSE:HWM opened at $278.25 on Monday. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.44 and a quick ratio of 1.59. The firm has a 50-day moving average of $257.48 and a 200-day moving average of $236.65. The company has a market cap of $111.33 billion, a PE ratio of 64.56, a PEG ratio of 2.20 and a beta of 1.19. Howmet Aerospace Inc. has a one year low of $169.06 and a one year high of $290.63.

Howmet Aerospace (NYSE:HWM) last posted its earnings results on Thursday, May 7th. The company reported $1.22 earnings per share for the quarter, topping 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 analyst estimates of $2.24 billion. During the same quarter in the prior year, the business posted $0.86 EPS. The firm’s 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, equities research analysts expect that Howmet Aerospace Inc. will post 5.04 EPS for the current fiscal year.

Howmet Aerospace Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, May 26th. Stockholders of record on Friday, May 8th were paid a $0.12 dividend. The ex-dividend date of this dividend was Friday, May 8th. This represents a $0.48 annualized dividend and a dividend yield of 0.2%. Howmet Aerospace’s dividend payout ratio is 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.