Aware Super Pty Ltd as trustee of Aware Super Makes New Investment in Howmet Aerospace Inc. $HWM

Aware Super Pty Ltd as trustee of Aware Super bought a new stake in Howmet Aerospace Inc. (NYSE:HWM) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 165,200 shares of the company’s stock, valued at approximately $38,072,000.

Several other hedge funds and other institutional investors also recently modified their holdings of HWM. UMB Bank n.a. grew its position in shares of Howmet Aerospace by 2.6% during the fourth quarter. UMB Bank n.a. now owns 1,620 shares of the company’s stock worth $332,000 after acquiring an additional 41 shares during the last quarter. Tudor Financial Inc. lifted its position in Howmet Aerospace by 2.6% in the 4th quarter. Tudor Financial Inc. now owns 1,650 shares of the company’s stock valued at $338,000 after purchasing an additional 42 shares during the last quarter. Physician Wealth Advisors Inc. boosted its stake in Howmet Aerospace by 2.5% during the 1st quarter. Physician Wealth Advisors Inc. now owns 1,730 shares of the company’s stock valued at $399,000 after purchasing an additional 42 shares during the period. Roman Butler Fullerton & Co. boosted its stake in Howmet Aerospace by 0.4% during the 1st quarter. Roman Butler Fullerton & Co. now owns 10,537 shares of the company’s stock valued at $2,634,000 after purchasing an additional 42 shares during the period. Finally, Parkside Financial Bank & Trust boosted its stake in 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 purchasing an additional 42 shares during the period. Institutional investors and hedge funds own 90.46% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have commented on HWM. JPMorgan Chase & Co. raised their price target on shares of Howmet Aerospace from $265.00 to $310.00 and gave the company an “overweight” rating in a research note on Monday, May 11th. Wall Street Zen downgraded Howmet Aerospace from a “strong-buy” rating to a “buy” rating in a research report on Sunday, July 5th. Citigroup increased their price objective on Howmet Aerospace from $303.00 to $311.00 and gave the stock a “buy” rating in a report on Wednesday, July 1st. TD Cowen increased their price objective on Howmet Aerospace from $300.00 to $320.00 and gave the stock a “buy” rating in a report on Monday. Finally, Wells Fargo & Company assumed coverage on Howmet Aerospace in a research report on Wednesday, April 1st. They issued an “equal weight” rating and a $240.00 target price on the stock. Eighteen analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, Howmet Aerospace presently has an average rating of “Moderate Buy” and a consensus target price of $293.21.

Insiders Place Their Bets

In related news, EVP Neil Edward Marchuk sold 41,932 shares of the firm’s 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 completion of the sale, 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 0.85% of the company’s stock.

Howmet Aerospace Price Performance

NYSE:HWM opened at $270.97 on Friday. 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 business’s 50-day moving average price is $266.27 and its 200 day moving average price is $246.49. Howmet Aerospace Inc. has a 52-week low of $169.45 and a 52-week high of $290.63. The firm has a market cap of $108.42 billion, a P/E ratio of 62.87, a PEG ratio of 2.19 and a beta of 1.19.

Howmet Aerospace (NYSE:HWM) last issued its quarterly earnings results 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 net margin of 20.23% and a return on equity of 29.27%. The company had revenue of $2.31 billion during the quarter, compared to the consensus estimate of $2.24 billion. During the same period in the prior year, the company earned $0.86 EPS. Howmet Aerospace’s 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. As a group, sell-side analysts predict that Howmet Aerospace Inc. will post 5.05 earnings per share for the current fiscal year.

Howmet Aerospace Announces Dividend

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. The ex-dividend date of this dividend was Friday, May 8th. This represents a $0.48 annualized dividend and a yield of 0.2%. Howmet Aerospace’s dividend payout ratio is currently 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.