Howmet Aerospace Inc. $HWM Holdings Boosted by Westfield Capital Management Co. LP

Westfield Capital Management Co. LP lifted its holdings in Howmet Aerospace Inc. (NYSE:HWM) by 10.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,219,125 shares of the company’s stock after buying an additional 211,672 shares during the period. Howmet Aerospace makes up 1.9% of Westfield Capital Management Co. LP’s holdings, making the stock its 10th biggest position. Westfield Capital Management Co. LP’s holdings in Howmet Aerospace were worth $454,965,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Salomon & Ludwin LLC lifted its stake in shares of Howmet Aerospace by 12.5% in the fourth quarter. Salomon & Ludwin LLC now owns 423 shares of the company’s stock worth $90,000 after buying an additional 47 shares in the last quarter. Catalyst Financial Partners LLC lifted its stake in shares of Howmet Aerospace by 0.9% in the fourth quarter. Catalyst Financial Partners LLC now owns 5,561 shares of the company’s stock worth $1,140,000 after buying an additional 48 shares in the last quarter. Burns J W & Co. Inc. NY lifted its stake in shares of Howmet Aerospace by 2.6% in the fourth quarter. Burns J W & Co. Inc. NY now owns 1,949 shares of the company’s stock worth $400,000 after buying an additional 49 shares in the last quarter. HBW Advisory Services LLC lifted its stake in shares of Howmet Aerospace by 2.5% in the fourth quarter. HBW Advisory Services LLC now owns 1,990 shares of the company’s stock worth $408,000 after buying an additional 49 shares in the last quarter. Finally, Fidelis Capital Partners LLC lifted its stake in shares of Howmet Aerospace by 2.9% in the fourth quarter. Fidelis Capital Partners LLC now owns 1,738 shares of the company’s stock worth $356,000 after buying an additional 49 shares in the last quarter. 90.46% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Howmet Aerospace

In related news, EVP Neil Edward Marchuk sold 41,932 shares of the firm’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 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.85% of the company’s stock.

Analyst Ratings Changes

HWM has been the topic of several research reports. Sanford C. Bernstein reissued an “outperform” rating and issued a $280.00 price target on shares of Howmet Aerospace in a research note on Tuesday, February 17th. UBS Group raised their price target on shares of Howmet Aerospace from $260.00 to $290.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. Truist Financial set a $280.00 price target on shares of Howmet Aerospace in a research note on Wednesday, March 11th. Wolfe Research set a $270.00 price target on shares of Howmet Aerospace and gave the stock an “outperform” rating in a research note on Wednesday, March 11th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Howmet Aerospace from $265.00 to $310.00 and gave the stock an “overweight” rating in a research report on Monday, May 11th. Eighteen equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $285.53.

Howmet Aerospace Price Performance

Howmet Aerospace stock opened at $249.37 on Friday. Howmet Aerospace Inc. has a 12-month low of $165.51 and a 12-month high of $280.74. The stock has a market cap of $99.77 billion, a P/E ratio of 57.86, a PEG ratio of 1.97 and a beta of 1.19. The company has a 50-day moving average price of $250.61 and a 200 day moving average price of $231.67. The company has a current ratio of 2.44, a quick ratio of 1.59 and a debt-to-equity ratio of 0.73.

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 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 firm had revenue of $2.31 billion during the quarter, compared to analysts’ expectations of $2.24 billion. During the same period last year, the business earned $0.86 earnings per share. Howmet Aerospace’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. Sell-side analysts anticipate that Howmet Aerospace Inc. will post 5.04 earnings per share for the current year.

Howmet Aerospace Announces Dividend

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

Howmet Aerospace 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.