Elevatus Welath Management Increases Stock Holdings in Howmet Aerospace Inc. $HWM

Elevatus Welath Management raised its position in shares of Howmet Aerospace Inc. (NYSE:HWM) by 857.5% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 13,750 shares of the company’s stock after purchasing an additional 12,314 shares during the quarter. Elevatus Welath Management’s holdings in Howmet Aerospace were worth $2,819,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in HWM. Brighton Jones LLC boosted its holdings in shares of Howmet Aerospace by 5.4% in the fourth quarter. Brighton Jones LLC now owns 2,548 shares of the company’s stock worth $279,000 after buying an additional 130 shares during the last quarter. Acadian Asset Management LLC purchased a new stake in Howmet Aerospace during the first quarter valued at approximately $399,000. Sivia Capital Partners LLC purchased a new stake in Howmet Aerospace during the second quarter valued at approximately $216,000. Global Retirement Partners LLC bought a new position in Howmet Aerospace in the second quarter worth approximately $466,000. Finally, Steward Partners Investment Advisory LLC raised its position in Howmet Aerospace by 19.8% in the second quarter. Steward Partners Investment Advisory LLC now owns 11,066 shares of the company’s stock worth $2,060,000 after acquiring an additional 1,830 shares during the period. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Insider Transactions at Howmet Aerospace

In other news, EVP Neil Edward Marchuk sold 45,150 shares of the business’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $251.70, for a total value of $11,364,255.00. Following the transaction, the executive vice president directly owned 107,008 shares in the company, valued at $26,933,913.60. The trade was a 29.67% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Barbara Lou Shultz sold 1,000 shares of the company’s stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $260.00, for a total value of $260,000.00. Following the completion of the transaction, the vice president directly owned 23,874 shares of the company’s stock, valued at approximately $6,207,240. This trade represents a 4.02% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.04% of the stock is owned by company insiders.

Howmet Aerospace Stock Performance

HWM opened at $227.78 on Friday. The company has a 50 day simple moving average of $236.98 and a two-hundred day simple moving average of $212.66. 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 firm has a market cap of $91.33 billion, a P/E ratio of 61.40, a PEG ratio of 2.14 and a beta of 1.21. Howmet Aerospace Inc. has a 1-year low of $105.04 and a 1-year high of $267.31.

Howmet Aerospace (NYSE:HWM) last announced its quarterly earnings data 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 firm had revenue of $2.17 billion for the quarter, compared to the consensus estimate of $2.12 billion. During the same period last year, the firm earned $0.77 EPS. The company’s revenue was up 14.6% on a year-over-year basis. 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 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 25th. Shareholders of record on Friday, February 6th were issued a dividend of $0.12 per share. The ex-dividend date of this dividend was Friday, February 6th. This represents a $0.48 dividend on an annualized basis and a yield of 0.2%. Howmet Aerospace’s dividend payout ratio (DPR) is currently 12.94%.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on HWM shares. Royal Bank Of Canada boosted their price objective on shares of Howmet Aerospace from $275.00 to $300.00 and gave the company an “outperform” rating in a research report on Wednesday, March 11th. UBS Group raised their target price on Howmet Aerospace from $228.00 to $260.00 and gave the stock a “neutral” rating in a report on Tuesday, February 17th. The Goldman Sachs Group set a $228.00 target price on Howmet Aerospace in a research report on Tuesday, February 17th. JPMorgan Chase & Co. boosted their price target on Howmet Aerospace from $227.00 to $265.00 and gave the company an “overweight” rating in a report on Thursday, February 19th. Finally, Truist Financial set a $280.00 price target on Howmet Aerospace in a research report on Wednesday, March 11th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and five have issued 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 $256.15.

Howmet Aerospace Company 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.