Howmet Aerospace Inc. $HWM Stock Position Reduced by NewEdge Wealth LLC

NewEdge Wealth LLC decreased its position in Howmet Aerospace Inc. (NYSE:HWM) by 8.3% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 40,239 shares of the company’s stock after selling 3,650 shares during the quarter. NewEdge Wealth LLC’s holdings in Howmet Aerospace were worth $9,273,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in HWM. State Street Corp lifted its stake in Howmet Aerospace by 2.2% during the fourth quarter. State Street Corp now owns 18,365,429 shares of the company’s stock worth $3,765,280,000 after purchasing an additional 400,767 shares during the last quarter. Price T Rowe Associates Inc. MD increased its stake in Howmet Aerospace by 27.0% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 16,632,206 shares of the company’s stock valued at $3,409,936,000 after purchasing an additional 3,531,700 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Howmet Aerospace by 2.0% during the fourth quarter. Geode Capital Management LLC now owns 11,307,538 shares of the company’s stock worth $2,316,277,000 after purchasing an additional 221,775 shares during the period. Norges Bank acquired a new stake in shares of Howmet Aerospace during the fourth quarter worth $1,793,698,000. Finally, Morgan Stanley raised its holdings in shares of Howmet Aerospace by 0.7% during the fourth quarter. Morgan Stanley now owns 5,533,106 shares of the company’s stock worth $1,134,398,000 after purchasing an additional 39,873 shares during the period. 90.46% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently commented on HWM. TD Cowen lifted their price target on shares of Howmet Aerospace from $300.00 to $320.00 and gave the company a “buy” rating in a report on Monday, July 13th. Weiss Ratings reiterated a “buy (b)” rating on shares of Howmet Aerospace in a research note on Friday, July 17th. Wells Fargo & Company began coverage on shares of Howmet Aerospace in a report on Wednesday, April 1st. They issued an “equal weight” rating and a $240.00 target price on the stock. UBS Group raised their target price on shares of Howmet Aerospace from $260.00 to $290.00 and gave the stock a “neutral” rating in a report on Friday, May 8th. Finally, Jefferies Financial Group lifted their target price on Howmet Aerospace from $320.00 to $340.00 and gave the company a “buy” rating in a research note on Thursday, July 9th. 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, the stock has an average rating of “Moderate Buy” and a consensus target price of $293.21.

Howmet Aerospace Stock Performance

HWM stock opened at $287.34 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 stock has a market capitalization of $114.97 billion, a price-to-earnings ratio of 66.67, a PEG ratio of 2.20 and a beta of 1.19. Howmet Aerospace Inc. has a 1 year low of $169.45 and a 1 year high of $290.63. The stock’s fifty day moving average is $266.93 and its two-hundred day moving average is $248.98.

Howmet Aerospace (NYSE:HWM) last released its quarterly earnings results on Thursday, May 7th. The company reported $1.22 EPS for the quarter, topping the consensus estimate 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 analyst estimates of $2.24 billion. During the same quarter in the prior year, the firm earned $0.86 earnings per share. The company’s quarterly 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 predict that Howmet Aerospace Inc. will post 5.05 EPS for the current year.

Insider Transactions at Howmet Aerospace

In other Howmet Aerospace news, EVP Neil Edward Marchuk sold 41,932 shares of the business’s stock in a transaction dated 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 directly owned 65,105 shares of the company’s stock, valued at $17,545,797.50. The trade was a 39.18% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.85% of the stock is owned by insiders.

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.