Howmet Aerospace Inc. $HWM Stock Purchased by Rakuten Investment Management Inc.

Rakuten Investment Management Inc. raised its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM) by 9.4% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 71,665 shares of the company’s stock after purchasing an additional 6,175 shares during the quarter. Rakuten Investment Management Inc.’s holdings in Howmet Aerospace were worth $16,550,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. BlackRock Inc. bought a new position in Howmet Aerospace in the 2nd quarter valued at $12,318,939,000. State Street Corp boosted its holdings in shares of Howmet Aerospace by 3.3% in the second quarter. State Street Corp now owns 18,933,928 shares of the company’s stock valued at $5,090,576,000 after purchasing an additional 612,866 shares during the period. Bank of America Corp DE purchased a new position in shares of Howmet Aerospace during the second quarter valued at $2,766,806,000. Jupiter Topco LLC bought a new stake in shares of Howmet Aerospace in the second quarter valued at about $2,065,086,000. Finally, Bank of New York Mellon Corp bought a new stake in shares of Howmet Aerospace in the second quarter valued at about $1,099,765,000. Institutional investors own 90.46% of the company’s stock.

More Howmet Aerospace News

Here are the key news stories impacting Howmet Aerospace this week:

• Positive Sentiment: KeyCorp upgraded HWM from “Sector Weight” to “Overweight” and set a $237 price target. The firm also estimates fourth-quarter 2026 EPS of $1.54. KeyBanc upgrades Howmet Aerospace to Overweight after Q3 report
• Positive Sentiment: Recent coverage points to rising commercial and defense aerospace demand, aircraft production and engine-spares needs as growth drivers. Howmet’s latest reported quarter also beat analyst estimates for revenue and EPS, with revenue up year over year. Howmet Aerospace’s Q3 Aerospace Demand Surges: Can Growth Continue?
• Neutral Sentiment: Zacks highlighted Howmet as a growth stock using its Style Scores, but the article description did not provide further company-specific details. Here’s Why Howmet (HWM) is a Strong Growth Stock
• Neutral Sentiment: Options-market coverage reported rising implied volatility, suggesting increased uncertainty or expectations for larger price moves, but not a clear directional signal. Implied Volatility Surging for Howmet Aerospace Stock Options
• Negative Sentiment: BTIG cut its HWM price target to $280 from $340. Although the revised target remains above the share price cited in the coverage, the reduction may signal a more cautious view of upside. BTIG Adjusts Price Target on Howmet Aerospace to $280 From $340
• Negative Sentiment: A Seeking Alpha analysis praised Howmet’s quarterly execution but warned that its valuation leaves little room for error, potentially increasing sensitivity to any slowdown or disappointment. Howmet Aerospace: Strong Q3 Execution, But The Valuation Leaves No Room For Error

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the stock. Morgan Stanley reaffirmed an “overweight” rating and issued a $335.00 price target on shares of Howmet Aerospace in a research report on Monday, August 10th. Zacks Research downgraded shares of Howmet Aerospace from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 9th. TD Cowen dropped their target price on Howmet Aerospace from $320.00 to $280.00 and set a “buy” rating on the stock in a research note on Friday, October 9th. Royal Bank Of Canada lowered their target price on shares of Howmet Aerospace from $350.00 to $300.00 and set an “outperform” rating for the company in a research note on Thursday, October 15th. Finally, Weiss Ratings raised Howmet Aerospace from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, August 19th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, Howmet Aerospace currently has a consensus rating of “Moderate Buy” and an average target price of $295.81.

Howmet Aerospace Stock Performance

HWM opened at $213.24 on Thursday. The firm has a fifty day moving average price of $226.00 and a 200 day moving average price of $248.41. Howmet Aerospace Inc. has a 1 year low of $183.52 and a 1 year high of $310.00. The stock has a market cap of $84.80 billion, a P/E ratio of 44.10, a P/E/G ratio of 1.63 and a beta of 1.31. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.86 and a quick ratio of 0.90.

Howmet Aerospace (NYSE:HWM) last issued its quarterly earnings data on Thursday, October 29th. The company reported $1.46 earnings per share for the quarter, topping analysts’ consensus estimates of $1.37 by $0.09. Howmet Aerospace had a net margin of 21.10% and a return on equity of 36.44%. The business had revenue of $2.70 billion during the quarter, compared to the consensus estimate of $2.59 billion. During the same quarter in the prior year, the firm posted $0.95 earnings per share. The company’s revenue was up 29.4% compared to the same quarter last year. Equities research analysts anticipate that Howmet Aerospace Inc. will post 5.48 earnings per share for the current year.

Howmet Aerospace Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 25th. Investors of record on Friday, November 6th will be paid a $0.14 dividend. The ex-dividend date of this dividend is Friday, November 6th. This represents a $0.56 dividend on an annualized basis and a yield of 0.3%. Howmet Aerospace’s dividend payout ratio (DPR) is currently 10.96%.

Howmet Aerospace Company Profile

Howmet Aerospace Inc (NYSE:HWM) is a global manufacturer of advanced engineered products and materials primarily serving the aerospace, defense, commercial transportation and industrial markets. The company develops components designed to operate in demanding environments where strength, durability and weight reduction are important.

Howmet’s product portfolio includes aircraft engine components, airframe structures, titanium and nickel-based forgings, fastening systems and wheels for commercial vehicles.