Patton Fund Management Inc. Has $2.56 Million Stock Position in Howmet Aerospace Inc. $HWM

Patton Fund Management Inc. reduced its holdings in Howmet Aerospace Inc. (NYSE:HWM) by 63.0% in the first quarter, HoldingsChannel reports. The firm owned 11,111 shares of the company’s stock after selling 18,924 shares during the period. Patton Fund Management Inc.’s holdings in Howmet Aerospace were worth $2,561,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in HWM. UMB Bank n.a. grew its position in shares of Howmet Aerospace by 2.6% during the 4th quarter. UMB Bank n.a. now owns 1,620 shares of the company’s stock worth $332,000 after buying an additional 41 shares during the period. Tudor Financial Inc. lifted its position in shares of Howmet Aerospace by 2.6% during the 4th quarter. Tudor Financial Inc. now owns 1,650 shares of the company’s stock valued at $338,000 after acquiring an additional 42 shares during the period. Parkside Financial Bank & Trust lifted its position in shares of Howmet Aerospace by 4.1% during the 4th quarter. Parkside Financial Bank & Trust now owns 1,077 shares of the company’s stock valued at $221,000 after acquiring an additional 42 shares during the period. Truvestments Capital LLC boosted its stake in Howmet Aerospace by 25.1% during the fourth quarter. Truvestments Capital LLC now owns 224 shares of the company’s stock worth $46,000 after acquiring an additional 45 shares in the last quarter. Finally, Salomon & Ludwin LLC boosted its stake in Howmet Aerospace by 12.5% during the fourth quarter. Salomon & Ludwin LLC now owns 423 shares of the company’s stock worth $90,000 after acquiring an additional 47 shares in the last quarter. 90.46% of the stock is owned by institutional investors and hedge funds.

Howmet Aerospace Trading Down 0.2%

HWM opened at $268.43 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. Howmet Aerospace Inc. has a fifty-two week low of $169.45 and a fifty-two week high of $290.63. The firm has a market capitalization of $107.40 billion, a PE ratio of 62.28, a P/E/G ratio of 2.13 and a beta of 1.19. The company’s 50-day moving average is $259.42 and its 200 day moving average is $239.48.

Howmet Aerospace (NYSE:HWM) last released its quarterly 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 business had revenue of $2.31 billion during the quarter, compared to the consensus estimate of $2.24 billion. Howmet Aerospace had a return on equity of 29.27% and a net margin of 20.23%.The company’s quarterly revenue was up 19.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.86 EPS. 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, research analysts predict that Howmet Aerospace Inc. will post 5.04 earnings per share for the current fiscal year.

Howmet Aerospace Dividend Announcement

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

Insider Buying and Selling

In other Howmet Aerospace news, EVP Neil Edward Marchuk sold 41,932 shares of the firm’s stock in a transaction 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 transaction, the executive vice president directly owned 65,105 shares in the company, valued at approximately $17,545,797.50. This trade represents a 39.18% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.85% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have weighed in on HWM shares. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $320.00 price target on shares of Howmet Aerospace in a research note on Friday, May 8th. Susquehanna increased their price objective on shares of Howmet Aerospace from $300.00 to $330.00 and gave the stock a “positive” rating in a research report on Friday, May 8th. Wolfe Research set a $270.00 target price on Howmet Aerospace and gave the company an “outperform” rating in a research note on Wednesday, March 11th. Wells Fargo & Company initiated coverage on Howmet Aerospace in a research report on Wednesday, April 1st. They issued an “equal weight” rating and a $240.00 target price for the company. Finally, UBS Group upped their price target on Howmet Aerospace from $260.00 to $290.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. Eighteen investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $287.53.

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.