Quent Long Short Global Small Cap Fund LP Purchases Shares of 4,857 Howmet Aerospace Inc. $HWM

Quent Long Short Global Small Cap Fund LP purchased a new stake in Howmet Aerospace Inc. (NYSE:HWM) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 4,857 shares of the company’s stock, valued at approximately $996,000.

Several other large investors have also recently bought and sold shares of HWM. Nordea Investment Management AB increased its holdings in shares of Howmet Aerospace by 59.2% during the third quarter. Nordea Investment Management AB now owns 1,401,335 shares of the company’s stock worth $273,288,000 after purchasing an additional 521,180 shares during the period. Silverleafe Capital Partners LLC increased its holdings in shares of Howmet Aerospace by 339.3% during the fourth quarter. Silverleafe Capital Partners LLC now owns 5,847 shares of the company’s stock worth $1,199,000 after purchasing an additional 4,516 shares during the period. GRIMES & Co WEALTH MANAGEMENT LLC bought a new position in shares of Howmet Aerospace during the third quarter worth approximately $1,581,000. LBP AM SA increased its holdings in shares of Howmet Aerospace by 18.0% during the third quarter. LBP AM SA now owns 68,499 shares of the company’s stock worth $13,442,000 after purchasing an additional 10,460 shares during the period. Finally, Greenup Street Wealth Management LLC increased its holdings in shares of Howmet Aerospace by 76.3% during the third quarter. Greenup Street Wealth Management LLC now owns 20,972 shares of the company’s stock worth $4,115,000 after purchasing an additional 9,078 shares during the period. 90.46% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on HWM. Citigroup lowered their target price on shares of Howmet Aerospace from $283.00 to $271.00 and set a “buy” rating on the stock in a report on Thursday, April 2nd. Susquehanna raised their target price on shares of Howmet Aerospace from $255.00 to $290.00 and gave the stock a “positive” rating in a report on Friday, February 13th. Wall Street Zen upgraded Howmet Aerospace from a “hold” rating to a “buy” rating in a research report on Sunday, January 18th. Truist Financial set a $280.00 price target on Howmet Aerospace in a research report on Wednesday, March 11th. Finally, Jefferies Financial Group restated a “buy” rating and issued a $315.00 price target on shares of Howmet Aerospace in a research report on Sunday, February 15th. One 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, Howmet Aerospace has a consensus rating of “Moderate Buy” and an average price target of $266.89.

Insider Transactions at Howmet Aerospace

In other Howmet Aerospace news, EVP Neil Edward Marchuk sold 45,150 shares of Howmet Aerospace 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 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 transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Barbara Lou Shultz sold 1,000 shares of Howmet Aerospace 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 completion of the transaction, the vice president owned 23,874 shares in the company, valued at approximately $6,207,240. This represents a 4.02% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 1.04% of the company’s stock.

Howmet Aerospace Stock Performance

Shares of NYSE:HWM opened at $246.41 on Friday. The company’s 50 day simple moving average is $246.93 and its 200 day simple moving average is $219.93. The stock has a market capitalization of $98.74 billion, a price-to-earnings ratio of 66.42, a price-to-earnings-growth ratio of 2.22 and a beta of 1.24. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.13 and a quick ratio of 1.09. Howmet Aerospace Inc. has a 1 year low of $129.28 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 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.97 by $0.08. The business had revenue of $2.17 billion for the quarter, compared to analysts’ expectations of $2.12 billion. Howmet Aerospace had a net margin of 18.27% and a return on equity of 30.41%. The firm’s quarterly revenue was up 14.6% compared to the same quarter last year. During the same period last year, the firm posted $0.77 earnings per share. 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. As a group, research analysts predict that Howmet Aerospace Inc. will post 4.57 EPS for the current fiscal year.

Howmet Aerospace Dividend Announcement

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

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.