Root Financial Partners LLC Has $273,000 Stake in Howmet Aerospace Inc. $HWM

Root Financial Partners LLC trimmed its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM) by 88.6% in the first quarter, HoldingsChannel reports. The institutional investor owned 1,184 shares of the company’s stock after selling 9,202 shares during the quarter. Root Financial Partners LLC’s holdings in Howmet Aerospace were worth $273,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of HWM. Brighton Jones LLC raised its holdings in Howmet Aerospace by 5.4% during the 4th quarter. Brighton Jones LLC now owns 2,548 shares of the company’s stock worth $279,000 after buying an additional 130 shares during the period. Acadian Asset Management LLC acquired a new position in shares of Howmet Aerospace in the first quarter valued at approximately $399,000. Sivia Capital Partners LLC bought a new stake in shares of Howmet Aerospace during the second quarter worth $216,000. Brown Advisory Inc. increased its position in shares of Howmet Aerospace by 31.0% during the second quarter. Brown Advisory Inc. now owns 4,180 shares of the company’s stock worth $778,000 after acquiring an additional 990 shares in the last quarter. Finally, Cary Street Partners Financial LLC acquired a new stake in shares of Howmet Aerospace during the second quarter worth $145,000. Institutional investors own 90.46% of the company’s stock.

Insider Activity

In related news, EVP Neil Edward Marchuk sold 41,932 shares of Howmet Aerospace 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 sale, the executive vice president owned 65,105 shares of the company’s stock, valued at approximately $17,545,797.50. The trade was a 39.18% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.85% of the company’s stock.

Howmet Aerospace Stock Performance

Shares of HWM stock opened at $270.59 on Friday. Howmet Aerospace Inc. has a 12 month low of $169.45 and a 12 month high of $290.63. The company’s fifty day simple moving average is $261.39 and its 200-day simple moving average is $241.77. The firm has a market cap of $108.26 billion, a PE ratio of 62.78, a P/E/G ratio of 2.14 and a beta of 1.19. The company has a quick ratio of 1.59, a current ratio of 2.44 and a debt-to-equity ratio of 0.73.

Howmet Aerospace (NYSE:HWM) last released its 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 business had revenue of $2.31 billion during the quarter, compared to the consensus estimate of $2.24 billion. During the same quarter last year, the firm earned $0.86 earnings per share. The firm’s revenue for the quarter was up 19.1% compared to the same quarter last year. 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. Equities research analysts expect that Howmet Aerospace Inc. will post 5.05 EPS for the current fiscal year.

Howmet Aerospace Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, May 26th. Stockholders of record on Friday, May 8th were issued a $0.12 dividend. The ex-dividend date was Friday, May 8th. This represents a $0.48 annualized dividend and a dividend yield of 0.2%. Howmet Aerospace’s dividend payout ratio (DPR) is presently 11.14%.

Analysts Set New Price Targets

HWM has been the topic of several research reports. KeyCorp assumed coverage on shares of Howmet Aerospace in a research report on Wednesday, March 25th. They issued a “sector weight” rating on the stock. Sanford C. Bernstein reiterated an “outperform” rating and set a $318.00 target price on shares of Howmet Aerospace in a report on Tuesday, June 16th. Wells Fargo & Company assumed coverage on Howmet Aerospace in a research note on Wednesday, April 1st. They issued an “equal weight” rating and a $240.00 price target on the stock. Citigroup boosted their price target on Howmet Aerospace from $303.00 to $311.00 and gave the company a “buy” rating in a report on Wednesday. Finally, Susquehanna increased their price objective on Howmet Aerospace from $300.00 to $330.00 and gave the stock a “positive” rating in a report on Friday, May 8th. Eighteen analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $287.95.

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.