132,256 Howmet Aerospace Inc. $HWM Shares Bought by International Assets Investment Management LLC

Key Points

• International Assets Investment Management LLC increased its Howmet Aerospace position by 4,819.8% in the third quarter, purchasing 132,256 additional shares for a total holding valued at approximately $30.5 million. Institutional investors collectively own 90.46% of HWM.
• Howmet reported stronger-than-expected quarterly results, with revenue of $2.70 billion and EPS of $1.46, while revenue grew 29% year over year. Management also raised its growth outlook and expanded its share-repurchase authorization.
• HWM shares opened at $199.43, down 3.2%, despite a consensus “Moderate Buy” rating and average analyst price target of $304.33. The company also announced a quarterly dividend of $0.14 per share, representing a 0.3% yield.

International Assets Investment Management LLC increased its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 4,819.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 135,000 shares of the company's stock after acquiring an additional 132,256 shares during the quarter. International Assets Investment Management LLC's holdings in Howmet Aerospace were worth $30,534,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. West Paces Advisors Inc. bought a new position in Howmet Aerospace in the 2nd quarter valued at $27,000. Bartlett & CO. Wealth Management LLC raised its stake in shares of Howmet Aerospace by 55.1% during the 2nd quarter. Bartlett & CO. Wealth Management LLC now owns 107 shares of the company's stock worth $29,000 after purchasing an additional 38 shares during the period. Markowski Investments bought a new stake in shares of Howmet Aerospace during the 2nd quarter worth $29,000. Retirement Wealth Solutions LLC boosted its holdings in shares of Howmet Aerospace by 328.1% in the 3rd quarter. Retirement Wealth Solutions LLC now owns 137 shares of the company's stock worth $31,000 after buying an additional 105 shares during the last quarter. Finally, Reyes Financial Architecture Inc. purchased a new position in shares of Howmet Aerospace in the 3rd quarter worth about $31,000. Hedge funds and other institutional investors own 90.46% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on HWM. BNP Paribas Exane reduced their price target on shares of Howmet Aerospace from $310.00 to $250.00 and set an "outperform" rating for the company in a research report on Friday. Zacks Research cut shares of Howmet Aerospace from a "strong-buy" rating to a "hold" rating in a research note on Friday, October 9th. JPMorgan Chase & Co. boosted their target price on shares of Howmet Aerospace from $310.00 to $350.00 and gave the company an "overweight" rating in a research note on Monday, August 10th. UBS Group increased their target price on shares of Howmet Aerospace from $299.00 to $326.00 and gave the company a "neutral" rating in a research report on Friday, August 7th. Finally, Morgan Stanley restated an "overweight" rating and set a $335.00 price target on shares of Howmet Aerospace in a research note on Monday, August 10th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $304.33.

Howmet Aerospace Trading Down 3.2%

Shares of HWM opened at $199.43 on Friday. The business has a 50-day moving average of $229.00 and a 200 day moving average of $248.49. Howmet Aerospace Inc. has a fifty-two week low of $183.52 and a fifty-two week high of $310.00. The firm has a market cap of $79.79 billion, a P/E ratio of 39.03, a price-to-earnings-growth ratio of 1.85 and a beta of 1.21. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.87 and a current ratio of 1.86.

Howmet Aerospace (NYSE:HWM - Get Free Report) last announced its quarterly earnings data on Thursday, October 29th. The company reported $1.46 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.37 by $0.09. The business had revenue of $2.70 billion for the quarter, compared to analysts' expectations of $2.59 billion. Howmet Aerospace had a return on equity of 36.44% and a net margin of 21.10%. The firm's quarterly revenue was up 29.4% compared to the same quarter last year. During the same period in the previous year, the business posted $0.95 EPS. As a group, research analysts forecast that Howmet Aerospace Inc. will post 5.34 EPS for the current year.

Howmet Aerospace Announces Dividend

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. The ex-dividend date is Friday, November 6th. This represents a $0.56 annualized dividend and a dividend yield of 0.3%. Howmet Aerospace's dividend payout ratio (DPR) is presently 10.96%.

Key Headlines Impacting Howmet Aerospace

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

• Positive Sentiment: Q3 results exceeded expectations: Revenue rose 29% year over year to $2.70 billion, while adjusted EPS increased 54% to $1.46, topping the $1.37 consensus estimate. Operating and EBITDA margins also expanded significantly. Howmet Aerospace Reports Third Quarter 2026 Results
• Positive Sentiment: Growth outlook was raised: Management increased its full-year 2026 guidance and projected approximately $11.5 billion of 2027 revenue, representing roughly 12% year-over-year growth. Industrial gas-turbine revenue climbed 45% in Q3, while commercial aerospace revenue increased 32%, reflecting strong demand and market-share gains. HWM Q3 Earnings Beat Estimates
• Positive Sentiment: Capital returns increased: Howmet repurchased $500 million of stock during the quarter, raised its quarterly dividend 17% to $0.14 per share, and authorized an additional $5 billion for share repurchases. Howmet Aerospace Reports Third Quarter 2026 Results
• Neutral Sentiment: Analysts remain bullish but less aggressive: BNP Paribas Exane cut its price target to $250 from $310 while retaining an “outperform” rating; Susquehanna lowered its target to $275 from $340 but kept a “positive” rating. The revisions still imply substantial upside, but signal more cautious assumptions.
• Negative Sentiment: Valuation and expectations remain risks: With HWM trading at a high earnings multiple and below its longer-term moving averages, investors may be taking profits or demanding stronger forward guidance after the earnings beat. The sizable target cuts likely contributed to the near-term pressure.

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.

Want to see what other hedge funds are holding HWM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Howmet Aerospace Inc. (NYSE:HWM - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.