Cvfg LLC Buys New Stake in Howmet Aerospace Inc. $HWM

Cvfg LLC bought a new stake in shares of Howmet Aerospace Inc. (NYSE:HWM) during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 26,846 shares of the company’s stock, valued at approximately $6,187,000.

A number of other institutional investors also recently made changes to their positions in the stock. Newbridge Financial Services Group Inc. increased its position in Howmet Aerospace by 119.7% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock worth $25,000 after purchasing an additional 73 shares in the last quarter. Acumen Wealth Advisors LLC purchased a new position in Howmet Aerospace in the 4th quarter valued at about $25,000. Sound Income Strategies LLC boosted 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 worth $28,000 after purchasing an additional 50 shares during the last quarter. Cornerstone Financial Management LLC acquired a new stake in shares of Howmet Aerospace during the 4th quarter worth about $28,000. Finally, Vermillion & White Wealth Management Group LLC grew its holdings in shares of Howmet Aerospace by 65.1% during the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 137 shares of the company’s stock worth $28,000 after buying an additional 54 shares in the last quarter. 90.46% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Howmet Aerospace

In other news, EVP Neil Edward Marchuk sold 41,932 shares of Howmet Aerospace stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $269.50, for a total value 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 approximately $17,545,797.50. The trade was a 39.18% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.85% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently issued reports on HWM. Sanford C. Bernstein restated an “outperform” rating and set a $318.00 target price on shares of Howmet Aerospace in a research report on Tuesday, June 16th. Truist Financial set a $280.00 target price on Howmet Aerospace in a research report on Wednesday, March 11th. Citigroup raised their price target on Howmet Aerospace from $303.00 to $311.00 and gave the stock a “buy” rating in a research note on Wednesday, July 1st. BNP Paribas Exane reaffirmed an “outperform” rating and set a $340.00 price target (up from $265.00) on shares of Howmet Aerospace in a research report on Friday, May 8th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $320.00 price objective on shares of Howmet Aerospace in a report on Friday, May 8th. Eighteen analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, Howmet Aerospace has a consensus rating of “Moderate Buy” and a consensus target price of $287.95.

Howmet Aerospace Stock Down 0.9%

Shares of NYSE:HWM opened at $275.28 on Wednesday. The company has a market capitalization of $110.14 billion, a price-to-earnings ratio of 63.87, a price-to-earnings-growth ratio of 2.20 and a beta of 1.19. The company has a 50 day moving average of $262.68 and a two-hundred day moving average of $243.26. Howmet Aerospace Inc. has a 52-week low of $169.45 and a 52-week high of $290.63. 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 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 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 analysts’ expectations of $2.24 billion. During the same quarter in the previous year, the firm posted $0.86 earnings per share. The company’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. As a group, analysts forecast that Howmet Aerospace Inc. will post 5.05 earnings per share for the current fiscal year.

Howmet Aerospace Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 26th. Shareholders 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 annualized dividend and a yield of 0.2%. Howmet Aerospace’s payout ratio is presently 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.