Pincus Capital Management LP Invests $641,000 in Howmet Aerospace Inc. $HWM

Pincus Capital Management LP bought a new position in Howmet Aerospace Inc. (NYSE:HWM) during the 4th quarter, HoldingsChannel reports. The fund bought 3,125 shares of the company’s stock, valued at approximately $641,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Salomon & Ludwin LLC lifted its stake in shares of Howmet Aerospace by 12.5% in the fourth quarter. Salomon & Ludwin LLC now owns 423 shares of the company’s stock worth $90,000 after buying an additional 47 shares in the last quarter. Catalyst Financial Partners LLC lifted its position in Howmet Aerospace by 0.9% during the fourth quarter. Catalyst Financial Partners LLC now owns 5,561 shares of the company’s stock valued at $1,140,000 after purchasing an additional 48 shares during the period. Burns J W & Co. Inc. NY lifted its position in Howmet Aerospace by 2.6% during the fourth quarter. Burns J W & Co. Inc. NY now owns 1,949 shares of the company’s stock valued at $400,000 after purchasing an additional 49 shares during the period. HBW Advisory Services LLC lifted its position in Howmet Aerospace by 2.5% during the fourth quarter. HBW Advisory Services LLC now owns 1,990 shares of the company’s stock valued at $408,000 after purchasing an additional 49 shares during the period. Finally, Fidelis Capital Partners LLC lifted its position in Howmet Aerospace by 2.9% during the fourth quarter. Fidelis Capital Partners LLC now owns 1,738 shares of the company’s stock valued at $356,000 after purchasing an additional 49 shares during the period. Institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Stock Down 1.2%

Shares of HWM stock opened at $255.24 on Tuesday. Howmet Aerospace Inc. has a 12 month low of $165.51 and a 12 month high of $280.74. The stock has a market cap of $102.12 billion, a P/E ratio of 59.22, a P/E/G ratio of 2.04 and a beta of 1.19. The company has a current ratio of 2.44, a quick ratio of 1.59 and a debt-to-equity ratio of 0.73. The company has a 50 day simple moving average of $249.76 and a two-hundred day simple moving average of $230.69.

Howmet Aerospace (NYSE:HWM) last announced its earnings results on Thursday, May 7th. The company reported $1.22 EPS 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 business had revenue of $2.31 billion during the quarter, compared to analysts’ expectations of $2.24 billion. During the same period in the prior year, the company earned $0.86 earnings per share. The firm’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. On average, research analysts expect that Howmet Aerospace Inc. will post 5.04 earnings per share for the current year.

Howmet Aerospace Dividend Announcement

The company 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 dividend on an annualized basis and a dividend yield of 0.2%. Howmet Aerospace’s dividend payout ratio is 11.14%.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. Morgan Stanley restated an “overweight” rating and set a $315.00 price objective on shares of Howmet Aerospace in a research report on Friday, May 8th. Sanford C. Bernstein restated an “outperform” rating and set a $280.00 price objective on shares of Howmet Aerospace in a research report on Tuesday, February 17th. Wells Fargo & Company assumed coverage on shares of Howmet Aerospace in a research report on Wednesday, April 1st. They set an “equal weight” rating and a $240.00 price objective on the stock. BNP Paribas Exane restated an “outperform” rating and set a $340.00 price objective (up from $265.00) on shares of Howmet Aerospace in a research report on Friday, May 8th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Howmet Aerospace from $265.00 to $310.00 and gave the company an “overweight” rating in a research report on Monday, May 11th. Eighteen research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $285.53.

Insider Activity

In other news, EVP Neil Edward Marchuk sold 41,932 shares of the stock in a transaction on Monday, May 11th. The shares were sold at an average price of $269.50, for a total value of $11,300,674.00. Following the completion of the sale, the executive vice president directly owned 65,105 shares of the company’s stock, valued at $17,545,797.50. This 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 this hyperlink. 0.85% of the stock is currently owned by company insiders.

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.