Valen Private Capital LLC Buys New Shares in Howmet Aerospace Inc. $HWM

Valen Private Capital LLC acquired a new stake in Howmet Aerospace Inc. (NYSE:HWM – Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 33,912 shares of the company’s stock, valued at approximately $7,670,000. Howmet Aerospace comprises about 2.4% of Valen Private Capital LLC’s holdings, making the stock its 11th biggest holding.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. West Paces Advisors Inc. acquired a new position in shares of Howmet Aerospace in the second quarter valued at $27,000. Bartlett & CO. Wealth Management LLC boosted its stake in shares of Howmet Aerospace by 55.1% in the second quarter. Bartlett & CO. Wealth Management LLC now owns 107 shares of the company’s stock valued at $29,000 after buying an additional 38 shares during the period. Markowski Investments acquired a new stake in shares of Howmet Aerospace during the 2nd quarter worth $29,000. Reyes Financial Architecture Inc. acquired a new stake in Howmet Aerospace during the third quarter worth about $31,000. Finally, Retirement Wealth Solutions LLC boosted its position in shares of Howmet Aerospace by 328.1% during the 3rd quarter. Retirement Wealth Solutions LLC now owns 137 shares of the company’s stock worth $31,000 after acquiring an additional 105 shares in the last quarter. Institutional investors own 90.46% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. Royal Bank Of Canada lowered their price objective on shares of Howmet Aerospace from $350.00 to $300.00 and set an “outperform” rating for the company in a research report on Thursday, October 15th. BNP Paribas Exane reduced their target price on Howmet Aerospace from $345.00 to $310.00 and set an “outperform” rating on the stock in a report on Tuesday, October 6th. Susquehanna increased their price target on Howmet Aerospace from $330.00 to $340.00 and gave the stock a “positive” rating in a report on Friday, August 7th. Zacks Research lowered shares of Howmet Aerospace from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 9th. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $335.00 price target on shares of Howmet Aerospace in a research note on Monday, August 10th. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $310.29.

Check Out Our Latest Stock Report on Howmet Aerospace

Howmet Aerospace Price Performance

Shares of NYSE HWM opened at $185.74 on Friday. The company has a quick ratio of 0.87, a current ratio of 1.82 and a debt-to-equity ratio of 0.71. Howmet Aerospace Inc. has a twelve month low of $183.52 and a twelve month high of $310.00. The firm has a market capitalization of $74.32 billion, a P/E ratio of 40.03, a P/E/G ratio of 1.67 and a beta of 1.21. The stock’s 50-day simple moving average is $237.27 and its two-hundred day simple moving average is $255.88.

Howmet Aerospace (NYSE:HWM – Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The company reported $1.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.24 by $0.09. The company had revenue of $2.55 billion during the quarter, compared to analysts’ expectations of $2.43 billion. Howmet Aerospace had a net margin of 20.52% and a return on equity of 33.91%. The firm’s revenue was up 24.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.91 EPS. Howmet Aerospace has set its Q3 2026 guidance at 1.340-1.360 EPS and its FY 2026 guidance at 5.230-5.310 EPS. As a group, equities analysts anticipate that Howmet Aerospace Inc. will post 5.34 EPS for the current fiscal year.

Howmet Aerospace Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 25th. Shareholders of record on Friday, November 6th will be issued a $0.14 dividend. The ex-dividend date of this dividend is Friday, November 6th. This represents a $0.56 annualized dividend and a yield of 0.3%. Howmet Aerospace’s payout ratio is 12.07%.

About Howmet Aerospace

(Free Report)

Howmet Aerospace Inc (NYSE:HWM) is a global manufacturer of advanced engineered products and materials primarily serving the aerospace, defense, commercial transportation and industrial markets. The company develops components designed to operate in demanding environments where strength, durability and weight reduction are important.

Howmet’s product portfolio includes aircraft engine components, airframe structures, titanium and nickel-based forgings, fastening systems and wheels for commercial vehicles.

See Also

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

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