Evolve Private Wealth LLC Buys New Stake in Howmet Aerospace Inc. $HWM

Evolve Private Wealth LLC bought a new position in Howmet Aerospace Inc. (NYSE:HWM) during the fourth quarter, HoldingsChannel.com reports. The fund bought 16,346 shares of the company’s stock, valued at approximately $3,351,000.

A number of other institutional investors have also recently made changes to their positions in HWM. Acumen Wealth Advisors LLC purchased a new stake in Howmet Aerospace during the fourth quarter valued at approximately $25,000. Sound Income Strategies LLC increased its position in Howmet Aerospace by 66.7% during the fourth quarter. Sound Income Strategies LLC now owns 125 shares of the company’s stock valued at $28,000 after acquiring an additional 50 shares during the last quarter. Newbridge Financial Services Group Inc. increased its position in Howmet Aerospace by 119.7% during the second quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock valued at $25,000 after acquiring an additional 73 shares during the last quarter. Cornerstone Financial Management LLC purchased a new stake in shares of Howmet Aerospace in the fourth quarter valued at $28,000. Finally, J.Safra Asset Management Corp bought a new stake in shares of Howmet Aerospace in the 4th quarter worth about $30,000. Institutional investors own 90.46% of the company’s stock.

Insider Buying and Selling at Howmet Aerospace

In other news, EVP Neil Edward Marchuk sold 41,932 shares of the firm’s stock in a transaction dated 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 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 through the SEC website. Corporate insiders own 0.85% of the company’s stock.

Howmet Aerospace Stock Performance

Shares of NYSE:HWM opened at $283.54 on Thursday. The firm has a 50 day moving average of $256.07 and a 200 day moving average of $235.58. 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 company has a market capitalization of $113.45 billion, a price-to-earnings ratio of 65.79, a price-to-earnings-growth ratio of 2.20 and a beta of 1.19. Howmet Aerospace Inc. has a 52 week low of $169.06 and a 52 week high of $285.63.

Howmet Aerospace (NYSE:HWM) last announced 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 for 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 business’s revenue was up 19.1% compared to the same quarter last year. During the same period last year, the business posted $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, sell-side analysts predict that Howmet Aerospace Inc. will post 5.04 earnings per share for the current fiscal year.

Howmet Aerospace Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on HWM shares. Susquehanna boosted their price objective on Howmet Aerospace from $300.00 to $330.00 and gave the company a “positive” rating in a report on Friday, May 8th. Weiss Ratings restated a “buy (b)” rating on shares of Howmet Aerospace in a report on Tuesday, April 21st. BNP Paribas Exane reiterated an “outperform” rating and set a $340.00 price objective (up from $265.00) on shares of Howmet Aerospace in a report on Friday, May 8th. Citigroup boosted their price objective on shares of Howmet Aerospace from $271.00 to $303.00 and gave the company a “buy” rating in a research report on Monday, May 18th. Finally, KeyCorp began coverage on shares of Howmet Aerospace in a research report on Wednesday, March 25th. They set a “sector weight” rating on the stock. Eighteen equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, Howmet Aerospace currently has a consensus rating of “Moderate Buy” and an average target price of $287.53.

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.