Elite Wealth Management Inc. Makes New Investment in Howmet Aerospace Inc. $HWM

Key Points

• Elite Wealth Management bought a new stake of 32,748 shares in Howmet Aerospace (NYSE:HWM) valued at about $6.71 million, making it the firm's 12th-largest holding and 1.8% of its portfolio.
• Howmet topped Q4 expectations (EPS $1.05 vs. $0.97) with revenue up 14.6% year-over-year and provided FY2026 guidance of EPS 4.35–4.55 (analysts average ~4.57).
• Wall Street is broadly positive—consensus rating "Moderate Buy" with a mean target of $266.89—and institutional investors own ~90.46% of HWM, though company insiders have recently sold shares (including an EVP sale of 45,150 shares).

Elite Wealth Management Inc. bought a new position in shares of Howmet Aerospace Inc. (NYSE:HWM - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 32,748 shares of the company's stock, valued at approximately $6,714,000. Howmet Aerospace accounts for 1.8% of Elite Wealth Management Inc.'s investment portfolio, making the stock its 12th biggest position.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Montag A & Associates Inc. boosted its position in Howmet Aerospace by 413.5% during the fourth quarter. Montag A & Associates Inc. now owns 190 shares of the company's stock worth $39,000 after purchasing an additional 153 shares during the period. Chung Wu Investment Group LLC boosted its position in Howmet Aerospace by 43.8% during the fourth quarter. Chung Wu Investment Group LLC now owns 2,300 shares of the company's stock worth $472,000 after purchasing an additional 700 shares during the period. Benjamin Edwards Inc. boosted its position in Howmet Aerospace by 25.1% during the fourth quarter. Benjamin Edwards Inc. now owns 2,697 shares of the company's stock worth $553,000 after purchasing an additional 541 shares during the period. Strs Ohio boosted its position in Howmet Aerospace by 55.6% during the fourth quarter. Strs Ohio now owns 192,206 shares of the company's stock worth $39,406,000 after purchasing an additional 68,717 shares during the period. Finally, Riverstone Advisors LLC boosted its position in Howmet Aerospace by 2.8% during the fourth quarter. Riverstone Advisors LLC now owns 5,017 shares of the company's stock worth $1,029,000 after purchasing an additional 137 shares during the period. Institutional investors own 90.46% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. Sanford C. Bernstein reiterated an "outperform" rating and set a $280.00 target price on shares of Howmet Aerospace in a research report on Tuesday, February 17th. BTIG Research reiterated a "buy" rating and set a $275.00 target price on shares of Howmet Aerospace in a research report on Tuesday, March 17th. Weiss Ratings reiterated a "buy (b)" rating on shares of Howmet Aerospace in a research report on Tuesday, April 21st. JPMorgan Chase & Co. increased their price target on shares of Howmet Aerospace from $227.00 to $265.00 and gave the stock an "overweight" rating in a report on Thursday, February 19th. Finally, Jefferies Financial Group reissued a "buy" rating and issued a $315.00 price target on shares of Howmet Aerospace in a report on Sunday, February 15th. One equities 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 stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $266.89.

Howmet Aerospace Trading Up 0.1%

Shares of Howmet Aerospace stock opened at $239.74 on Monday. Howmet Aerospace Inc. has a 12-month low of $150.21 and a 12-month high of $267.31. The company has a market cap of $96.07 billion, a price-to-earnings ratio of 64.62, a PEG ratio of 2.21 and a beta of 1.19. The company has a current ratio of 2.13, a quick ratio of 1.09 and a debt-to-equity ratio of 0.53. The company's 50-day moving average price is $245.96 and its 200-day moving average price is $222.16.

Howmet Aerospace (NYSE:HWM - Get Free Report) last announced its quarterly earnings results on Thursday, February 12th. The company reported $1.05 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.97 by $0.08. Howmet Aerospace had a net margin of 18.27% and a return on equity of 30.41%. The firm had revenue of $2.17 billion for the quarter, compared to the consensus estimate of $2.12 billion. During the same period in the prior year, the firm posted $0.77 earnings per share. The company's revenue for the quarter was up 14.6% on a year-over-year basis. 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. On average, equities analysts expect that Howmet Aerospace Inc. will post 4.57 earnings per share for the current fiscal year.

Howmet Aerospace Dividend Announcement

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

Insider Buying and Selling

In related news, VP Barbara Lou Shultz sold 1,000 shares of the firm's stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $260.00, for a total value of $260,000.00. Following the sale, the vice president directly owned 23,874 shares of the company's stock, valued at $6,207,240. This trade represents a 4.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Neil Edward Marchuk sold 45,150 shares of the firm's stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $251.70, for a total transaction of $11,364,255.00. Following the completion of the sale, the executive vice president directly owned 107,008 shares in the company, valued at $26,933,913.60. This represents a 29.67% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.85% of the company's stock.

About Howmet Aerospace

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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