Groupe la Francaise Buys 50,488 Shares of Howmet Aerospace Inc. $HWM

Groupe la Francaise lifted its stake in shares of Howmet Aerospace Inc. (NYSE:HWMFree Report) by 50.9% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 149,670 shares of the company’s stock after acquiring an additional 50,488 shares during the quarter. Groupe la Francaise’s holdings in Howmet Aerospace were worth $34,501,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Newbridge Financial Services Group Inc. increased its holdings in Howmet Aerospace by 119.7% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock worth $25,000 after purchasing an additional 73 shares during the period. Acumen Wealth Advisors LLC purchased a new stake in shares of Howmet Aerospace in the 4th quarter worth $25,000. Sound Income Strategies LLC grew its position in shares of Howmet Aerospace by 66.7% during the 4th quarter. Sound Income Strategies LLC now owns 125 shares of the company’s stock worth $28,000 after buying an additional 50 shares in the last quarter. Cornerstone Financial Management LLC bought a new position in shares of Howmet Aerospace during the 4th quarter worth $28,000. Finally, Vermillion & White Wealth Management Group LLC increased its stake in shares of Howmet Aerospace by 65.1% during the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 137 shares of the company’s stock valued at $28,000 after buying an additional 54 shares during the period. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Insiders Place Their Bets

In other Howmet Aerospace news, EVP Neil Edward Marchuk sold 41,932 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $269.50, for a total value of $11,300,674.00. Following the completion of the sale, the executive vice president directly owned 65,105 shares in the company, valued at $17,545,797.50. This trade represents a 39.18% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.85% of the stock is currently owned by company insiders.

Howmet Aerospace Price Performance

Shares of HWM stock opened at $277.57 on Friday. Howmet Aerospace Inc. has a 1-year low of $169.45 and a 1-year high of $295.28. The stock’s 50-day moving average is $269.41 and its 200 day moving average is $251.43. The company has a market cap of $111.06 billion, a P/E ratio of 64.40, a PEG ratio of 2.14 and a beta of 1.19. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.44 and a quick ratio of 1.59.

Howmet Aerospace (NYSE:HWMGet Free Report) last announced its earnings results on Thursday, May 7th. The company reported $1.22 EPS for the quarter, topping analysts’ consensus estimates of $1.11 by $0.11. The business had revenue of $2.31 billion during the quarter, compared to the consensus estimate of $2.24 billion. Howmet Aerospace had a net margin of 20.23% and a return on equity of 29.27%. The firm’s revenue was up 19.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.86 earnings per share. 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. Research analysts predict that Howmet Aerospace Inc. will post 5.05 earnings per share for the current fiscal year.

Howmet Aerospace Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, August 25th. Investors of record on Friday, August 7th will be given a dividend of $0.14 per share. The ex-dividend date of this dividend is Friday, August 7th. This is a positive change from Howmet Aerospace’s previous quarterly dividend of $0.12. This represents a $0.56 dividend on an annualized basis and a yield of 0.2%. Howmet Aerospace’s dividend payout ratio is currently 12.99%.

Analyst Ratings Changes

HWM has been the subject of a number of research reports. UBS Group upped their price objective on shares of Howmet Aerospace from $260.00 to $290.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. Sanford C. Bernstein reissued an “outperform” rating and set a $318.00 target price on shares of Howmet Aerospace in a research report on Tuesday, June 16th. Susquehanna upped their price target on shares of Howmet Aerospace from $300.00 to $330.00 and gave the stock a “positive” rating in a research report on Friday, May 8th. Jefferies Financial Group increased their price objective on shares of Howmet Aerospace from $320.00 to $340.00 and gave the company a “buy” rating in a research note on Thursday, July 9th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Howmet Aerospace from $265.00 to $310.00 and gave the company an “overweight” rating in a report on Monday, May 11th. Seventeen analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $294.53.

View Our Latest Stock Report on Howmet Aerospace

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.

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

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