Orographic Financial Advisors LLC Acquires New Holdings in Howmet Aerospace Inc. $HWM

Orographic Financial Advisors LLC bought a new stake in shares of Howmet Aerospace Inc. (NYSE:HWM) in the first quarter, Holdings Channel.com reports. The firm bought 14,601 shares of the company’s stock, valued at approximately $3,364,000. Howmet Aerospace accounts for 2.4% of Orographic Financial Advisors LLC’s portfolio, making the stock its 10th largest position.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Norges Bank acquired a new position in shares of Howmet Aerospace during the fourth quarter worth approximately $1,793,698,000. Price T Rowe Associates Inc. MD grew its holdings in Howmet Aerospace by 27.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 16,632,206 shares of the company’s stock worth $3,409,936,000 after buying an additional 3,531,700 shares in the last quarter. Auto Owners Insurance Co increased its position in Howmet Aerospace by 20,402.0% in the 4th quarter. Auto Owners Insurance Co now owns 1,441,906 shares of the company’s stock valued at $29,562,000 after acquiring an additional 1,434,873 shares during the period. Amundi increased its position in Howmet Aerospace by 73.1% in the 1st quarter. Amundi now owns 2,185,456 shares of the company’s stock valued at $503,660,000 after acquiring an additional 923,061 shares during the period. Finally, Goldman Sachs Group Inc. raised its stake in Howmet Aerospace by 27.8% during the 4th quarter. Goldman Sachs Group Inc. now owns 2,754,204 shares of the company’s stock valued at $564,667,000 after acquiring an additional 599,151 shares in the last quarter. Institutional investors own 90.46% of the company’s stock.

Analysts Set New Price Targets

HWM has been the subject of a number of analyst reports. JPMorgan Chase & Co. boosted their price target on Howmet Aerospace from $265.00 to $310.00 and gave the stock an “overweight” rating in a research report on Monday, May 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, June 16th. TD Cowen lifted their price objective on shares of Howmet Aerospace from $300.00 to $320.00 and gave the company a “buy” rating in a research note on Monday, July 13th. Susquehanna upped their price objective on shares of Howmet Aerospace from $300.00 to $330.00 and gave the stock a “positive” rating in a report on Friday, May 8th. Finally, BTIG Research upped their price objective on shares of Howmet Aerospace from $275.00 to $300.00 and gave the stock a “buy” rating in a report on Friday, May 8th. Seventeen research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $294.53.

Insider Buying and Selling

In related news, EVP Neil Edward Marchuk sold 41,932 shares of the firm’s stock in a transaction that occurred 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 sale, the executive vice president directly owned 65,105 shares in the company, valued at approximately $17,545,797.50. This trade represents a 39.18% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.85% of the stock is currently owned by corporate insiders.

Howmet Aerospace Price Performance

NYSE:HWM opened at $277.57 on Friday. 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 business’s 50-day moving average price is $269.41 and its 200 day moving average price is $251.43. Howmet Aerospace Inc. has a 52-week low of $169.45 and a 52-week high of $295.28. The firm has a market cap of $111.06 billion, a P/E ratio of 64.40, a PEG ratio of 2.14 and a beta of 1.19.

Howmet Aerospace (NYSE:HWM) last issued its quarterly 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 company had revenue of $2.31 billion during the quarter, compared to the consensus estimate of $2.24 billion. During the same period in the prior year, the company earned $0.86 EPS. Howmet Aerospace’s 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. As a group, sell-side analysts predict that Howmet Aerospace Inc. will post 5.05 earnings per share for the current fiscal year.

Howmet Aerospace Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, August 25th. Investors of record on Friday, August 7th will be paid a dividend of $0.14 per share. This is a boost from Howmet Aerospace’s previous quarterly dividend of $0.12. This represents a $0.56 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Friday, August 7th. Howmet Aerospace’s dividend payout ratio (DPR) is currently 12.99%.

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.