Curated Wealth Partners LLC Invests $264,000 in Howmet Aerospace Inc. (NYSE:HWM)

Curated Wealth Partners LLC bought a new position in Howmet Aerospace Inc. (NYSE:HWM) during the 4th quarter, Holdings Channel reports. The fund bought 2,411 shares of the company’s stock, valued at approximately $264,000.

Several other institutional investors have also recently bought and sold shares of HWM. JPMorgan Chase & Co. lifted its holdings in shares of Howmet Aerospace by 8.2% during the third quarter. JPMorgan Chase & Co. now owns 17,711,497 shares of the company’s stock worth $1,775,578,000 after buying an additional 1,336,592 shares during the last quarter. D. E. Shaw & Co. Inc. raised its stake in Howmet Aerospace by 1,168.7% during the 2nd quarter. D. E. Shaw & Co. Inc. now owns 1,161,604 shares of the company’s stock valued at $90,175,000 after purchasing an additional 1,070,049 shares during the last quarter. Assenagon Asset Management S.A. boosted its holdings in Howmet Aerospace by 695.6% in the 3rd quarter. Assenagon Asset Management S.A. now owns 558,017 shares of the company’s stock valued at $55,941,000 after purchasing an additional 487,880 shares during the period. Geode Capital Management LLC grew its position in Howmet Aerospace by 5.0% in the 3rd quarter. Geode Capital Management LLC now owns 9,502,223 shares of the company’s stock worth $949,382,000 after purchasing an additional 453,275 shares during the last quarter. Finally, State Street Corp increased its holdings in shares of Howmet Aerospace by 2.3% during the 3rd quarter. State Street Corp now owns 17,440,176 shares of the company’s stock worth $1,748,378,000 after purchasing an additional 384,171 shares during the period. Institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Stock Performance

NYSE:HWM opened at $126.99 on Friday. The stock has a market capitalization of $51.59 billion, a P/E ratio of 48.47, a price-to-earnings-growth ratio of 1.43 and a beta of 1.49. The company has a current ratio of 2.24, a quick ratio of 0.98 and a debt-to-equity ratio of 0.76. Howmet Aerospace Inc. has a 1 year low of $55.00 and a 1 year high of $129.10. The firm has a 50 day moving average of $115.77 and a 200-day moving average of $102.85.

Analysts Set New Price Targets

Several equities analysts recently issued reports on HWM shares. Sanford C. Bernstein boosted their price target on Howmet Aerospace from $113.00 to $127.00 and gave the company an “outperform” rating in a research note on Monday, October 21st. KeyCorp cut Howmet Aerospace from an “overweight” rating to a “sector weight” rating in a research report on Thursday, October 24th. Truist Financial raised their target price on Howmet Aerospace from $128.00 to $130.00 and gave the stock a “buy” rating in a research report on Tuesday, January 14th. Wells Fargo & Company increased their price objective on shares of Howmet Aerospace from $129.00 to $132.00 and gave the company an “overweight” rating in a research note on Wednesday, December 11th. Finally, Susquehanna lifted their target price on shares of Howmet Aerospace from $120.00 to $132.00 and gave the company a “positive” rating in a research report on Thursday, November 7th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and fourteen have given a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $115.71.

About Howmet Aerospace

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.