Howmet Aerospace Inc. $HWM Shares Bought by Convergence Investment Partners LLC

Posted by Stanley Muller on Jul 21st, 2026

Convergence Investment Partners LLC boosted its stake in shares of Howmet Aerospace Inc. (NYSE:HWM – Free Report) by 77.5% in the first quarter, HoldingsChannel.com reports. The fund owned 8,918 shares of the company’s stock after purchasing an additional 3,895 shares during the period. Convergence Investment Partners LLC’s holdings in Howmet Aerospace were worth $2,055,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in HWM. Norges Bank purchased a new stake in shares of Howmet Aerospace during the fourth quarter worth about $1,793,698,000. Price T Rowe Associates Inc. MD raised its position in shares of Howmet Aerospace by 27.0% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 16,632,206 shares of the company’s stock worth $3,409,936,000 after purchasing an additional 3,531,700 shares during the last quarter. Auto Owners Insurance Co lifted its stake in Howmet Aerospace by 20,402.0% in the 4th quarter. Auto Owners Insurance Co now owns 1,441,906 shares of the company’s stock valued at $29,562,000 after buying an additional 1,434,873 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in Howmet Aerospace by 27.8% in the 4th quarter. Goldman Sachs Group Inc. now owns 2,754,204 shares of the company’s stock valued at $564,667,000 after buying an additional 599,151 shares in the last quarter. Finally, Franklin Resources Inc. boosted its holdings in Howmet Aerospace by 56.3% in the 4th quarter. Franklin Resources Inc. now owns 1,433,811 shares of the company’s stock worth $293,960,000 after buying an additional 516,570 shares during the last quarter. 90.46% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, EVP Neil Edward Marchuk sold 41,932 shares of Howmet Aerospace stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $269.50, for a total transaction of $11,300,674.00. Following the sale, the executive vice president 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 Securities & Exchange Commission, which can be accessed through this link. 0.85% of the stock is owned by corporate insiders.

Howmet Aerospace Stock Down 0.1%

NYSE HWM opened at $272.20 on Tuesday. 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. The business’s fifty day simple moving average is $266.28 and its 200-day simple moving average is $247.39. The firm has a market cap of $108.91 billion, a PE ratio of 63.16, a P/E/G ratio of 2.14 and a beta of 1.19.

Howmet Aerospace (NYSE:HWM – Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The company reported $1.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.11 by $0.11. Howmet Aerospace had a net margin of 20.23% and a return on equity of 29.27%. The firm had revenue of $2.31 billion during the quarter, compared to analyst estimates of $2.24 billion. During the same quarter in the prior year, the firm posted $0.86 earnings per share. Howmet Aerospace’s quarterly revenue was up 19.1% on a year-over-year basis. 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, equities analysts anticipate that Howmet Aerospace Inc. will post 5.05 earnings per share for the current year.

Howmet Aerospace Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, May 26th. Stockholders of record on Friday, May 8th were paid a $0.12 dividend. The ex-dividend date of this dividend was Friday, May 8th. This represents a $0.48 annualized dividend and a dividend yield of 0.2%. Howmet Aerospace’s dividend payout ratio is 11.14%.

Analyst Upgrades and Downgrades

HWM has been the subject of several research reports. Jefferies Financial Group boosted their price objective on Howmet Aerospace from $320.00 to $340.00 and gave the stock a “buy” rating in a research note on Thursday, July 9th. Weiss Ratings restated a “buy (b)” rating on shares of Howmet Aerospace in a research report on Tuesday, April 21st. JPMorgan Chase & Co. lifted their price target on Howmet Aerospace from $265.00 to $310.00 and gave the stock an “overweight” rating in a research note on Monday, May 11th. BNP Paribas Exane reiterated 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 reissued a “buy” rating and issued a $320.00 price objective on shares of Howmet Aerospace in a research note on Friday, May 8th. Eighteen equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $293.21.

Get Our Latest Stock Report on HWM

About Howmet Aerospace

(Free Report)

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.