Concurrent Investment Advisors LLC Acquires 2,576 Shares of Howmet Aerospace Inc. $HWM

Concurrent Investment Advisors LLC lifted its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM) by 37.2% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 9,503 shares of the company’s stock after acquiring an additional 2,576 shares during the period. Concurrent Investment Advisors LLC’s holdings in Howmet Aerospace were worth $1,948,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Vanguard Group Inc. lifted its holdings in shares of Howmet Aerospace by 1.4% during the 3rd quarter. Vanguard Group Inc. now owns 49,139,989 shares of the company’s stock worth $9,642,740,000 after acquiring an additional 664,595 shares during the period. State Street Corp lifted its holdings in shares of Howmet Aerospace by 1.6% during the 3rd quarter. State Street Corp now owns 17,964,662 shares of the company’s stock worth $3,525,206,000 after acquiring an additional 278,587 shares during the period. Bank of America Corp DE lifted its holdings in shares of Howmet Aerospace by 2.4% during the 3rd quarter. Bank of America Corp DE now owns 10,877,771 shares of the company’s stock worth $2,134,545,000 after acquiring an additional 255,419 shares during the period. Invesco Ltd. lifted its holdings in shares of Howmet Aerospace by 12.2% during the 3rd quarter. Invesco Ltd. now owns 7,367,438 shares of the company’s stock worth $1,445,712,000 after acquiring an additional 801,093 shares during the period. Finally, Ameriprise Financial Inc. lifted its holdings in shares of Howmet Aerospace by 4.3% during the 3rd quarter. Ameriprise Financial Inc. now owns 3,595,587 shares of the company’s stock worth $705,565,000 after acquiring an additional 147,523 shares during the period. 90.46% of the stock is owned by institutional investors.

Analysts Set New Price Targets

HWM has been the subject of a number of analyst reports. Jefferies Financial Group reaffirmed a “buy” rating and set a $315.00 price objective on shares of Howmet Aerospace in a report on Sunday, February 15th. Sanford C. Bernstein restated an “outperform” rating and issued a $280.00 price objective on shares of Howmet Aerospace in a research report on Tuesday, February 17th. Deutsche Bank Aktiengesellschaft set a $278.00 price target on shares of Howmet Aerospace and gave the stock a “buy” rating in a research report on Friday, February 13th. JPMorgan Chase & Co. lifted their price target on shares of Howmet Aerospace from $227.00 to $265.00 and gave the stock an “overweight” rating in a research report on Thursday, February 19th. Finally, Wolfe Research set a $270.00 price target on shares of Howmet Aerospace and gave the stock an “outperform” rating in a research report on Wednesday, March 11th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $266.89.

Howmet Aerospace Price Performance

Shares of HWM opened at $240.69 on Wednesday. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.13 and a quick ratio of 1.09. The company’s 50-day moving average is $246.38 and its 200-day moving average is $221.47. Howmet Aerospace Inc. has a fifty-two week low of $134.81 and a fifty-two week high of $267.31. The firm has a market capitalization of $96.45 billion, a PE ratio of 64.88, a PEG ratio of 2.23 and a beta of 1.24.

Howmet Aerospace (NYSE:HWM) last released its quarterly earnings results on Thursday, February 12th. The company reported $1.05 EPS for the quarter, beating the consensus estimate of $0.97 by $0.08. Howmet Aerospace had a net margin of 18.27% and a return on equity of 30.41%. The business had revenue of $2.17 billion for the quarter, compared to the consensus estimate of $2.12 billion. During the same period in the prior year, the company posted $0.77 earnings per share. Howmet Aerospace’s revenue was up 14.6% compared to the same quarter last year. Howmet Aerospace has set its Q1 2026 guidance at 1.090-1.110 EPS and its FY 2026 guidance at 4.350-4.550 EPS. Equities analysts forecast that Howmet Aerospace Inc. will post 4.57 EPS for the current year.

Howmet Aerospace Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 26th. Investors of record on Friday, May 8th will be paid a $0.12 dividend. The ex-dividend date is Friday, May 8th. This represents a $0.48 annualized dividend and a dividend yield of 0.2%. Howmet Aerospace’s dividend payout ratio is 12.94%.

Insider Activity

In related news, VP Barbara Lou Shultz sold 1,000 shares of the company’s stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $260.00, for a total value of $260,000.00. Following the transaction, the vice president directly owned 23,874 shares in the company, valued at approximately $6,207,240. This represents a 4.02% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Neil Edward Marchuk sold 45,150 shares of the company’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $251.70, for a total transaction of $11,364,255.00. Following the completion of the transaction, the executive vice president owned 107,008 shares in the company, valued at $26,933,913.60. This trade represents a 29.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.85% of the company’s stock.

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.