Cresset Asset Management LLC Acquires 4,073 Shares of Howmet Aerospace Inc. $HWM

Key Points

• Cresset Asset Management increased its stake in Howmet Aerospace by 59.9%, buying 4,073 shares to own 10,874 shares worth about $2.13 million at the end of the quarter.
• Howmet beat expectations with $1.05 EPS (vs. $0.97 est.) and $2.17 billion revenue (vs. $2.12 billion est.), reported 14.6% YoY revenue growth, and issued Q1 2026 guidance of 1.090–1.110 EPS and FY 2026 guidance of 4.350–4.550 EPS.
• Significant insider selling occurred recently: the VP sold 1,000 shares and the EVP sold 45,150 shares (about $11.36 million), leaving insiders with roughly 1.04% ownership.

Cresset Asset Management LLC raised its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 59.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 10,874 shares of the company's stock after purchasing an additional 4,073 shares during the period. Cresset Asset Management LLC's holdings in Howmet Aerospace were worth $2,134,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the business. Traub Capital Management LLC purchased a new stake in shares of Howmet Aerospace during the second quarter valued at $25,000. Winnow Wealth LLC purchased a new stake in Howmet Aerospace in the second quarter worth approximately $25,000. Newbridge Financial Services Group Inc. boosted its holdings in Howmet Aerospace by 119.7% in the second 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 last quarter. Tradewinds Capital Management LLC grew its position in Howmet Aerospace by 52.0% in the 3rd quarter. Tradewinds Capital Management LLC now owns 152 shares of the company's stock worth $30,000 after purchasing an additional 52 shares during the period. Finally, Atlantic Union Bankshares Corp purchased a new stake in Howmet Aerospace during the 2nd quarter valued at $32,000. Hedge funds and other institutional investors own 90.46% of the company's stock.

Howmet Aerospace Stock Performance

NYSE:HWM opened at $250.10 on Friday. Howmet Aerospace Inc. has a 52-week low of $105.04 and a 52-week high of $267.31. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.09 and a current ratio of 2.13. The firm has a market capitalization of $100.28 billion, a PE ratio of 67.41, a P/E/G ratio of 2.32 and a beta of 1.21. The stock has a 50-day simple moving average of $229.24 and a two-hundred day simple moving average of $206.08.

Howmet Aerospace (NYSE:HWM - Get Free Report) 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 company had revenue of $2.17 billion during the quarter, compared to the consensus estimate of $2.12 billion. Howmet Aerospace had a return on equity of 30.41% and a net margin of 18.27%.The firm's revenue was up 14.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.77 EPS. 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. Analysts forecast that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 25th. Stockholders of record on Friday, February 6th were paid a $0.12 dividend. The ex-dividend date of this dividend was Friday, February 6th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.2%. Howmet Aerospace's dividend payout ratio is 12.94%.

Insider Buying and Selling at Howmet Aerospace

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

Analysts Set New Price Targets

HWM has been the topic of a number of research reports. Truist Financial set a $258.00 price target on Howmet Aerospace in a research note on Friday, January 9th. Citigroup upped their price objective on Howmet Aerospace from $255.00 to $283.00 and gave the company a "buy" rating in a research report on Tuesday, February 17th. Jefferies Financial Group reissued a "buy" rating and issued a $315.00 target price on shares of Howmet Aerospace in a report on Sunday, February 15th. UBS Group raised their target price on Howmet Aerospace from $228.00 to $260.00 and gave the stock a "neutral" rating in a research report on Tuesday, February 17th. Finally, Weiss Ratings reaffirmed a "buy (b)" rating on shares of Howmet Aerospace in a research report on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $252.95.

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.

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