Howmet Aerospace Inc. $HWM Stock: Generali Asset Management SPA SGR Boosts Stake

Generali Asset Management SPA SGR boosted its holdings in Howmet Aerospace Inc. (NYSE:HWM) by 13.8% in the 3rd quarter, HoldingsChannel reports. The firm owned 76,897 shares of the company’s stock after purchasing an additional 9,317 shares during the quarter. Generali Asset Management SPA SGR’s holdings in Howmet Aerospace were worth $17,393,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. BlackRock Inc. bought a new stake in shares of Howmet Aerospace during the second quarter valued at approximately $12,318,939,000. State Street Corp lifted 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 worth $5,090,576,000 after buying an additional 612,866 shares in the last quarter. Bank of America Corp DE bought a new position in shares of Howmet Aerospace during the second quarter worth $2,766,806,000. Jupiter Topco LLC bought a new position in shares of Howmet Aerospace during the second quarter worth $2,065,086,000. Finally, Bank of New York Mellon Corp bought a new position in shares of Howmet Aerospace during the second quarter worth $1,099,765,000. 90.46% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have issued reports on HWM shares. BTIG Research lifted their price target on shares of Howmet Aerospace from $300.00 to $340.00 and gave the company a “buy” rating in a report on Monday, August 10th. UBS Group boosted their price target on shares of Howmet Aerospace from $299.00 to $326.00 and gave the stock a “neutral” rating in a research note on Friday, August 7th. Sanford C. Bernstein reissued an “outperform” rating and set a $298.00 price objective (down from $328.00) on shares of Howmet Aerospace in a report on Wednesday, October 7th. Deutsche Bank Aktiengesellschaft increased their price objective 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. Finally, Zacks Research lowered Howmet Aerospace from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 9th. 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 company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $310.29.

Howmet Aerospace Price Performance

Shares of HWM opened at $191.64 on Wednesday. Howmet Aerospace Inc. has a twelve month low of $183.52 and a twelve month high of $310.00. The company’s fifty day simple moving average is $234.00 and its 200-day simple moving average is $248.73.

Howmet Aerospace (NYSE:HWM) last released its earnings results on Thursday, August 6th. The company reported $1.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.24 by $0.09. The firm had revenue of $2.55 billion during the quarter, compared to the consensus estimate of $2.43 billion. During the same quarter last year, the business posted $0.91 EPS. Howmet Aerospace’s revenue was up 24.1% compared to the same quarter last year. 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. On average, research analysts expect that Howmet Aerospace Inc. will post 5.34 earnings per share for the current year.

Howmet Aerospace Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 25th. Investors of record on Friday, November 6th will be given a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend is Friday, November 6th.

About Howmet Aerospace

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.