Ibex Wealth Advisors Raises Position in Howmet Aerospace Inc. $HWM

Ibex Wealth Advisors lifted its holdings in Howmet Aerospace Inc. (NYSE:HWM) by 6.0% in the first quarter, Holdings Channel reports. The firm owned 39,279 shares of the company’s stock after buying an additional 2,232 shares during the period. Ibex Wealth Advisors’ holdings in Howmet Aerospace were worth $9,052,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Silverleafe Capital Partners LLC lifted its stake in Howmet Aerospace by 339.3% during the 4th quarter. Silverleafe Capital Partners LLC now owns 5,847 shares of the company’s stock valued at $1,199,000 after acquiring an additional 4,516 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH increased its stake in shares of 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 acquiring an additional 36,195 shares during the period. M&T Bank Corp raised its holdings in shares of Howmet Aerospace by 75.0% during 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. MUFG Securities EMEA plc raised its holdings in shares of Howmet Aerospace by 752.6% during the fourth quarter. MUFG Securities EMEA plc now owns 65,783 shares of the company’s stock worth $13,487,000 after purchasing an additional 58,067 shares during the last quarter. Finally, Dnca Finance lifted its position in Howmet Aerospace by 100.0% during the third quarter. Dnca Finance now owns 10,000 shares of the company’s stock valued at $1,962,000 after purchasing an additional 5,000 shares during the period. 90.46% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Howmet Aerospace

In related news, EVP Neil Edward Marchuk sold 41,932 shares of the stock in a transaction 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 completion of the transaction, the executive vice president directly owned 65,105 shares of the company’s stock, valued at approximately $17,545,797.50. This represents a 39.18% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.85% of the company’s stock.

Howmet Aerospace Trading Up 0.8%

Shares of HWM stock opened at $273.74 on Friday. 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 company has a market cap of $109.53 billion, a price-to-earnings ratio of 63.51, a PEG ratio of 2.15 and a beta of 1.19. The stock has a 50 day simple moving average of $263.93 and a 200-day simple moving average of $244.28. Howmet Aerospace Inc. has a 1-year low of $169.45 and a 1-year high of $290.63.

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 firm had revenue of $2.31 billion for 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%. The firm’s revenue for the quarter was up 19.1% compared to the same quarter last year. During the same quarter last year, the company 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. On average, equities research analysts expect that Howmet Aerospace Inc. will post 5.05 EPS 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 paid a $0.12 dividend. The ex-dividend date of this dividend was Friday, May 8th. This represents a $0.48 dividend on an annualized basis and a yield of 0.2%. Howmet Aerospace’s dividend payout ratio (DPR) is currently 11.14%.

Wall Street Analyst Weigh In

A number of research firms have weighed in on HWM. KeyCorp initiated coverage on Howmet Aerospace in a research note on Wednesday, March 25th. They set a “sector weight” rating for the company. BTIG Research raised their target price on Howmet Aerospace from $275.00 to $300.00 and gave the stock a “buy” rating in a report on Friday, May 8th. UBS Group lifted their price target on Howmet Aerospace from $260.00 to $290.00 and gave the company a “neutral” rating in a research report on Friday, May 8th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $320.00 price target on shares of Howmet Aerospace in a report on Friday, May 8th. Finally, 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 price objective on the stock. Eighteen investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $289.00.

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.