Gotham Asset Management LLC Grows Stake in Howmet Aerospace Inc. $HWM

Gotham Asset Management LLC increased its position in Howmet Aerospace Inc. (NYSE:HWM) by 4.1% in the 4th quarter, HoldingsChannel.com reports. The fund owned 219,661 shares of the company’s stock after acquiring an additional 8,550 shares during the quarter. Gotham Asset Management LLC’s holdings in Howmet Aerospace were worth $45,035,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Newbridge Financial Services Group Inc. grew 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 buying an additional 73 shares during the period. Acumen Wealth Advisors LLC purchased a new stake in Howmet Aerospace during the fourth quarter valued at approximately $25,000. Sound Income Strategies LLC raised its position in Howmet Aerospace by 66.7% in the fourth quarter. Sound Income Strategies LLC now owns 125 shares of the company’s stock worth $28,000 after acquiring an additional 50 shares during the period. Cornerstone Financial Management LLC purchased a new position in shares of Howmet Aerospace during the 4th quarter worth $28,000. Finally, J.Safra Asset Management Corp purchased a new position in shares of Howmet Aerospace during the 4th quarter worth $30,000. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Price Performance

HWM stock opened at $283.54 on Thursday. The company’s fifty day moving average price is $256.07 and its 200-day moving average price is $235.58. Howmet Aerospace Inc. has a one year low of $169.06 and a one year high of $285.63. The company has a market capitalization of $113.45 billion, a PE ratio of 65.79, a price-to-earnings-growth ratio of 2.20 and a beta of 1.19. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.59 and a current ratio of 2.44.

Howmet Aerospace (NYSE:HWM) last released its quarterly earnings data on Thursday, May 7th. The company reported $1.22 earnings per share (EPS) for the quarter, topping 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 company’s revenue was up 19.1% compared to the same quarter last year. During the same quarter in the previous year, the company 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, equities analysts anticipate that Howmet Aerospace Inc. will post 5.04 EPS for the current fiscal year.

Howmet Aerospace Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, May 26th. Investors of record on Friday, May 8th were given a $0.12 dividend. 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 currently 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 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 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.85% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on HWM. 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. Royal Bank Of Canada lifted their target price on Howmet Aerospace from $275.00 to $300.00 and gave the company an “outperform” rating in a research report on Wednesday, March 11th. Sanford C. Bernstein reissued an “outperform” rating and set a $318.00 price target on shares of Howmet Aerospace in a report on Tuesday. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Howmet Aerospace in a research note on Tuesday, April 21st. Finally, Morgan Stanley reiterated an “overweight” rating and set a $315.00 price objective on shares of Howmet Aerospace in a research note on Friday, May 8th. Eighteen research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $287.53.

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.