Curated Wealth Partners LLC Buys New Shares in Howmet Aerospace Inc. (NYSE:HWM)

Curated Wealth Partners LLC purchased a new stake in Howmet Aerospace Inc. (NYSE:HWM) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,411 shares of the company’s stock, valued at approximately $264,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Harel Insurance Investments & Financial Services Ltd. lifted its holdings in shares of Howmet Aerospace by 51.2% during the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 30,673 shares of the company’s stock valued at $3,355,000 after purchasing an additional 10,384 shares during the last quarter. Berbice Capital Management LLC purchased a new stake in Howmet Aerospace during the fourth quarter valued at about $219,000. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH lifted its stake in Howmet Aerospace by 30.7% during the fourth quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH now owns 299,377 shares of the company’s stock valued at $33,015,000 after buying an additional 70,313 shares in the last quarter. Brighton Jones LLC boosted its holdings in shares of Howmet Aerospace by 5.4% in the fourth quarter. Brighton Jones LLC now owns 2,548 shares of the company’s stock worth $279,000 after buying an additional 130 shares during the period. Finally, Raleigh Capital Management Inc. increased its position in shares of Howmet Aerospace by 16.5% in the fourth quarter. Raleigh Capital Management Inc. now owns 1,396 shares of the company’s stock worth $153,000 after acquiring an additional 198 shares in the last quarter. Institutional investors and hedge funds own 90.46% of the company’s stock.

Howmet Aerospace Trading Down 0.6 %

Howmet Aerospace stock opened at $126.99 on Friday. Howmet Aerospace Inc. has a one year low of $55.00 and a one year high of $129.10. The company’s fifty day moving average price is $115.77 and its two-hundred day moving average price is $102.85. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.24 and a quick ratio of 0.98. The company has a market capitalization of $51.59 billion, a price-to-earnings ratio of 48.47, a PEG ratio of 1.43 and a beta of 1.49.

Wall Street Analyst Weigh In

A number of research firms recently commented on HWM. Barclays raised their price objective on shares of Howmet Aerospace from $100.00 to $130.00 and gave the stock an “overweight” rating in a research note on Monday, November 11th. Bank of America raised their target price on Howmet Aerospace from $100.00 to $135.00 and gave the stock a “buy” rating in a research report on Wednesday, November 13th. Susquehanna upped their price target on Howmet Aerospace from $120.00 to $132.00 and gave the company a “positive” rating in a research report on Thursday, November 7th. Truist Financial lifted their target price on Howmet Aerospace from $128.00 to $130.00 and gave the company a “buy” rating in a research note on Tuesday, January 14th. Finally, Deutsche Bank Aktiengesellschaft increased their price target on shares of Howmet Aerospace from $106.00 to $125.00 and gave the stock a “buy” rating in a research report on Thursday, October 3rd. One research analyst has rated the stock with a sell rating, two have given a hold rating and fourteen have issued a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $115.71.

Howmet Aerospace Profile

Howmet Aerospace Inc provides advanced engineered solutions for the aerospace and transportation industries in the United States, Japan, France, Germany, the United Kingdom, Mexico, Italy, Canada, Poland, China, and internationally. It operates through four segments: Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels.