Valen Private Capital LLC Buys New Stake in Howmet Aerospace Inc. $HWM

Valen Private Capital LLC bought a new position in shares of Howmet Aerospace Inc. (NYSE:HWM – Free Report) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 33,912 shares of the company’s stock, valued at approximately $7,670,000. Howmet Aerospace accounts for 2.4% of Valen Private Capital LLC’s investment portfolio, making the stock its 11th biggest position.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in HWM. West Paces Advisors Inc. acquired a new stake in shares of Howmet Aerospace in the second quarter worth $27,000. Bartlett & CO. Wealth Management LLC boosted its holdings in Howmet Aerospace by 55.1% during the second quarter. Bartlett & CO. Wealth Management LLC now owns 107 shares of the company’s stock valued at $29,000 after acquiring an additional 38 shares during the period. Markowski Investments bought a new stake in Howmet Aerospace during the second quarter valued at about $29,000. Reyes Financial Architecture Inc. bought a new stake in Howmet Aerospace during the third quarter valued at about $31,000. Finally, Retirement Wealth Solutions LLC grew its holdings in Howmet Aerospace by 328.1% in the 3rd quarter. Retirement Wealth Solutions LLC now owns 137 shares of the company’s stock valued at $31,000 after buying an additional 105 shares during the last quarter. Institutional investors and hedge funds own 90.46% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Citigroup restated a “buy” rating on shares of Howmet Aerospace in a research note on Wednesday, September 30th. Wells Fargo & Company decreased their price objective on shares of Howmet Aerospace from $315.00 to $255.00 and set an “equal weight” rating on the stock in a research note on Wednesday, September 30th. Jefferies Financial Group restated a “buy” rating and issued a $370.00 target price (up from $340.00) on shares of Howmet Aerospace in a research note on Sunday, August 9th. Morgan Stanley reiterated an “overweight” rating and set a $335.00 price target on shares of Howmet Aerospace in a research report on Monday, August 10th. Finally, Guggenheim initiated coverage on shares of Howmet Aerospace in a report on Monday, September 14th. They set a “buy” rating and a $350.00 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $310.29.

Check Out Our Latest Stock Analysis on Howmet Aerospace

Howmet Aerospace Price Performance

Howmet Aerospace stock opened at $185.74 on Friday. The business’s 50-day simple moving average is $237.27 and its 200 day simple moving average is $255.88. The company has a quick ratio of 0.87, a current ratio of 1.82 and a debt-to-equity ratio of 0.71. The stock has a market cap of $74.32 billion, a price-to-earnings ratio of 40.03, a P/E/G ratio of 1.67 and a beta of 1.21. Howmet Aerospace Inc. has a 12-month low of $183.52 and a 12-month high of $310.00.

Howmet Aerospace (NYSE:HWM – Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The company reported $1.33 earnings per share for the quarter, topping the consensus estimate of $1.24 by $0.09. Howmet Aerospace had a return on equity of 33.91% and a net margin of 20.52%. The firm had revenue of $2.55 billion during the quarter, compared to analysts’ expectations of $2.43 billion. During the same period in the previous year, the business posted $0.91 EPS. The company’s quarterly revenue was up 24.1% compared to the same quarter last year. Howmet Aerospace has set its Q3 2026 guidance at 1.340-1.360 EPS and its FY 2026 guidance at 5.230-5.310 EPS. As a group, research analysts anticipate that Howmet Aerospace Inc. will post 5.34 earnings per share for the current year.

Howmet Aerospace Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 25th. Stockholders of record on Friday, November 6th will be given a dividend of $0.14 per share. The ex-dividend date is Friday, November 6th. This represents a $0.56 annualized dividend and a dividend yield of 0.3%. Howmet Aerospace’s payout ratio is currently 12.07%.

About Howmet Aerospace

(Free Report)

Howmet Aerospace Inc (NYSE:HWM) is a global manufacturer of advanced engineered products and materials primarily serving the aerospace, defense, commercial transportation and industrial markets. The company develops components designed to operate in demanding environments where strength, durability and weight reduction are important.

Howmet’s product portfolio includes aircraft engine components, airframe structures, titanium and nickel-based forgings, fastening systems and wheels for commercial vehicles.

See Also

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Institutional Ownership by Quarter for Howmet Aerospace (NYSE:HWM)

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