Milestone Asset Management LLC grew its holdings in Howmet Aerospace Inc. (NYSE:HWM – Free Report) by 612.9% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 5,682 shares of the company’s stock after buying an additional 4,885 shares during the quarter. Milestone Asset Management LLC’s holdings in Howmet Aerospace were worth $1,285,000 at the end of the most recent reporting period.
A number of other institutional investors have also made changes to their positions in the business. West Paces Advisors Inc. bought a new stake in Howmet Aerospace during the 2nd quarter worth about $27,000. Bartlett & CO. Wealth Management LLC increased its position in Howmet Aerospace by 55.1% in the 2nd quarter. Bartlett & CO. Wealth Management LLC now owns 107 shares of the company’s stock valued at $29,000 after acquiring an additional 38 shares in the last quarter. Markowski Investments acquired a new stake in Howmet Aerospace in the 2nd quarter valued at about $29,000. Retirement Wealth Solutions LLC raised its stake in shares of Howmet Aerospace by 328.1% in the third quarter. Retirement Wealth Solutions LLC now owns 137 shares of the company’s stock worth $31,000 after acquiring an additional 105 shares during the last quarter. Finally, Wilkerson Advisory Group LLC raised its stake in shares of Howmet Aerospace by 129.7% in the first quarter. Wilkerson Advisory Group LLC now owns 147 shares of the company’s stock worth $34,000 after acquiring an additional 83 shares during the last quarter. 90.46% of the stock is owned by institutional investors.
Howmet Aerospace News Roundup
Here are the key news stories impacting Howmet Aerospace this week:
- Positive Sentiment: Royal Bank of Canada maintained an “outperform” rating on Howmet Aerospace, indicating continued confidence in the company’s business outlook. Although RBC reduced its price target from $350 to $300, the new target still implies approximately 36.4% upside from the referenced share price. Benzinga article
- Positive Sentiment: Howmet’s board declared a quarterly dividend of $0.14 per share, payable November 25 to shareholders of record on November 6. The dividend provides a modest shareholder return and may signal confidence in ongoing cash generation. Howmet Aerospace Board Approves Common Stock Dividend
- Neutral Sentiment: Coverage continues to describe HWM as fairly valued based on cash-flow measures, suggesting that strong fundamentals are already reflected to a meaningful extent in the stock price. Howmet Aerospace Stock Looks Fairly Valued On Cash Flow
- Neutral Sentiment: Investors are also focusing on the upcoming quarterly earnings report, with results and management guidance likely to determine whether Howmet’s earnings growth can support further gains. Howmet Aerospace Quarterly Earnings Preview
- Negative Sentiment: Deutsche Bank lowered its price target from $343 to $310, and RBC also reduced its target. The revisions point to more cautious valuation assumptions, even though both firms’ updated targets remain above the current share price. Deutsche Bank Adjusts Price Target on Howmet Aerospace
Howmet Aerospace Price Performance
Howmet Aerospace stock opened at $219.89 on Friday. The business’s 50-day simple moving average is $246.45 and its 200 day simple moving average is $257.10. The stock has a market cap of $87.98 billion, a price-to-earnings ratio of 47.39, a P/E/G ratio of 1.96 and a beta of 1.21. Howmet Aerospace Inc. has a 12-month low of $187.46 and a 12-month high of $310.00. 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 (NYSE:HWM – Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The company reported $1.33 EPS for the quarter, topping analysts’ consensus estimates of $1.24 by $0.09. The firm had revenue of $2.55 billion during the quarter, compared to analyst estimates of $2.43 billion. Howmet Aerospace had a return on equity of 33.91% and a net margin of 20.52%. The company’s revenue was up 24.1% on a year-over-year basis. During the same period last year, the company earned $0.91 earnings per share. 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, research analysts anticipate that Howmet Aerospace Inc. will post 5.34 earnings per share for the current year.
Howmet Aerospace Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 25th. Stockholders of record on Friday, November 6th will be paid a $0.14 dividend. This represents a $0.56 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend is Friday, November 6th. Howmet Aerospace’s dividend payout ratio (DPR) is 12.07%.
Analysts Set New Price Targets
A number of brokerages have recently issued reports on HWM. JPMorgan Chase & Co. upped their target price on shares of Howmet Aerospace from $310.00 to $350.00 and gave the stock an “overweight” rating in a research report on Monday, August 10th. Deutsche Bank Aktiengesellschaft raised their price target on shares of Howmet Aerospace from $338.00 to $343.00 and gave the company a “buy” rating in a report on Friday, August 7th. Wall Street Zen lowered shares of Howmet Aerospace from a “strong-buy” rating to a “buy” rating in a report on Sunday, July 5th. Wells Fargo & Company dropped their price objective on shares of Howmet Aerospace from $315.00 to $255.00 and set an “equal weight” rating for the company in a research report on Wednesday, September 30th. Finally, Citigroup restated a “buy” rating on shares of Howmet Aerospace in a research report on Wednesday, September 30th. One research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $310.29.
Check Out Our Latest Stock Analysis on Howmet Aerospace
About Howmet Aerospace
Howmet Aerospace Inc (NYSE:HWM) is an aerospace and industrial products company that develops and manufactures advanced engineered components and systems. Its products are used primarily in commercial and defense aircraft, aircraft engines, and other transportation and industrial applications.
The company’s principal businesses include engine products, fastening systems, engineered structures, and forged wheels. Its offerings include forged and cast engine components, airfoils, titanium and nickel-based parts, aerospace structural components, specialized fasteners, and forged aluminum wheels for commercial transportation.
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