Dorsey Wright & Associates Grows Position in Howmet Aerospace Inc. $HWM

Dorsey Wright & Associates raised its stake in shares of Howmet Aerospace Inc. (NYSE:HWM) by 283.2% in the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 73,889 shares of the company’s stock after purchasing an additional 54,607 shares during the period. Howmet Aerospace accounts for about 2.1% of Dorsey Wright & Associates’ investment portfolio, making the stock its 11th biggest holding. Dorsey Wright & Associates’ holdings in Howmet Aerospace were worth $17,028,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Newbridge Financial Services Group Inc. raised its stake in shares of Howmet Aerospace by 119.7% in the second quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock worth $25,000 after buying an additional 73 shares during the period. Acumen Wealth Advisors LLC bought a new position in shares of Howmet Aerospace during the 4th quarter valued at approximately $25,000. Sound Income Strategies LLC grew its stake in shares of Howmet Aerospace by 66.7% during the 4th 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 period. Cornerstone Financial Management LLC purchased a new stake in Howmet Aerospace in the 4th quarter worth approximately $28,000. Finally, Vermillion & White Wealth Management Group LLC increased its holdings in Howmet Aerospace by 65.1% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 137 shares of the company’s stock worth $28,000 after acquiring an additional 54 shares in the last quarter. Hedge funds and other institutional investors own 90.46% of the company’s stock.

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 stock was sold at an average price of $269.50, for a total transaction 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. This trade represents a 39.18% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.85% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on HWM. TD Cowen raised their price objective on shares of Howmet Aerospace from $300.00 to $320.00 and gave the company a “buy” rating in a research report on Monday. Sanford C. Bernstein reiterated an “outperform” rating and issued a $318.00 price target on shares of Howmet Aerospace in a research note on Tuesday, June 16th. Weiss Ratings reissued a “buy (b)” rating on shares of Howmet Aerospace in a report on Tuesday, April 21st. BNP Paribas Exane reissued an “outperform” rating and set a $340.00 price target (up from $265.00) on shares of Howmet Aerospace in a report on Friday, May 8th. Finally, Susquehanna upped their price objective on Howmet Aerospace from $300.00 to $330.00 and gave the stock a “positive” rating in a research note on Friday, May 8th. Eighteen investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $293.21.

Howmet Aerospace Trading Up 0.4%

Shares of NYSE HWM opened at $272.26 on Friday. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.59 and a current ratio of 2.44. The business’s 50 day moving average price is $266.31 and its 200-day moving average price is $246.67. Howmet Aerospace Inc. has a fifty-two week low of $169.45 and a fifty-two week high of $290.63. The company has a market cap of $108.93 billion, a price-to-earnings ratio of 63.17, a PEG ratio of 2.13 and a beta of 1.19.

Howmet Aerospace (NYSE:HWM) last released its earnings results on Thursday, May 7th. The company reported $1.22 earnings per share for the quarter, topping analysts’ consensus estimates of $1.11 by $0.11. Howmet Aerospace had a return on equity of 29.27% and a net margin of 20.23%.The business had revenue of $2.31 billion for the quarter, compared to analyst estimates of $2.24 billion. During the same quarter last year, the firm posted $0.86 earnings per share. The business’s revenue 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. On average, sell-side analysts expect that Howmet Aerospace Inc. will post 5.05 earnings per share for the current year.

Howmet Aerospace Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, May 26th. Stockholders of record on Friday, May 8th were paid a dividend of $0.12 per share. The ex-dividend date 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 (DPR) is currently 11.14%.

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.