Neville Rodie & Shaw Inc. Has $16.89 Million Position in Howmet Aerospace Inc. $HWM

Neville Rodie & Shaw Inc. cut its stake in shares of Howmet Aerospace Inc. (NYSE:HWM) by 3.1% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 62,814 shares of the company’s stock after selling 2,000 shares during the period. Howmet Aerospace comprises approximately 1.1% of Neville Rodie & Shaw Inc.’s holdings, making the stock its 28th largest position. Neville Rodie & Shaw Inc.’s holdings in Howmet Aerospace were worth $16,888,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. UMB Bank n.a. boosted its stake 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 valued at $332,000 after buying an additional 41 shares during the period. Tudor Financial Inc. grew its holdings 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 in the last quarter. Physician Wealth Advisors Inc. increased its stake in shares of Howmet Aerospace by 2.5% in the first quarter. Physician Wealth Advisors Inc. now owns 1,730 shares of the company’s stock worth $399,000 after acquiring an additional 42 shares during the last quarter. Roman Butler Fullerton & Co. increased its stake in shares of Howmet Aerospace by 0.4% in the first quarter. Roman Butler Fullerton & Co. now owns 10,537 shares of the company’s stock worth $2,634,000 after acquiring an additional 42 shares during the last quarter. Finally, Parkside Financial Bank & Trust raised its holdings in shares of Howmet Aerospace by 4.1% during the fourth quarter. Parkside Financial Bank & Trust now owns 1,077 shares of the company’s stock worth $221,000 after acquiring an additional 42 shares in the last quarter. Institutional investors and hedge funds own 90.46% of the company’s stock.

Howmet Aerospace Stock Up 1.6%

Howmet Aerospace stock opened at $286.87 on Tuesday. The company has a market capitalization of $114.78 billion, a P/E ratio of 66.56, a P/E/G ratio of 2.22 and a beta of 1.20. The firm’s fifty day simple moving average is $270.55 and its 200-day simple moving average is $252.35. The company has a current ratio of 2.44, a quick ratio of 1.59 and a debt-to-equity ratio of 0.73. Howmet Aerospace Inc. has a 1-year low of $169.45 and a 1-year high of $295.28.

Howmet Aerospace (NYSE:HWM) last posted its earnings results on Thursday, May 7th. The company reported $1.22 EPS for the quarter, topping the consensus estimate of $1.11 by $0.11. The firm had revenue of $2.31 billion for the quarter, compared to the consensus estimate of $2.24 billion. Howmet Aerospace had a net margin of 20.23% and a return on equity of 29.27%. The business’s quarterly revenue was up 19.1% on a year-over-year basis. During the same period in the prior year, the business posted $0.86 earnings per share. 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. Sell-side analysts forecast that Howmet Aerospace Inc. will post 5.05 earnings per share for the current fiscal year.

Howmet Aerospace Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, August 25th. Investors of record on Friday, August 7th will be issued a $0.14 dividend. This is an increase from Howmet Aerospace’s previous quarterly dividend of $0.12. The ex-dividend date is Friday, August 7th. This represents a $0.56 annualized dividend and a yield of 0.2%. Howmet Aerospace’s dividend payout ratio is presently 11.14%.

Insider Transactions at Howmet Aerospace

In other Howmet Aerospace news, EVP Neil Edward Marchuk sold 41,932 shares of the 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 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 sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.85% of the stock is owned by insiders.

Wall Street Analyst Weigh In

HWM has been the subject of a number of research reports. Royal Bank Of Canada lifted their price objective on Howmet Aerospace from $300.00 to $325.00 and gave the company an “outperform” rating in a research report on Monday, July 27th. BNP Paribas Exane reaffirmed an “outperform” rating and issued a $340.00 target price (up from $265.00) on shares of Howmet Aerospace in a research report on Friday, May 8th. Citigroup raised their price target on Howmet Aerospace from $303.00 to $311.00 and gave the stock a “buy” rating in a research note on Wednesday, July 1st. Wall Street Zen lowered Howmet Aerospace from a “strong-buy” rating to a “buy” rating in a report on Sunday, July 5th. Finally, Sanford C. Bernstein reiterated an “outperform” rating and set a $318.00 price target on shares of Howmet Aerospace in a report on Tuesday, June 16th. Sixteen investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $300.33.

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.