Howmet Aerospace Inc. $HWM Position Increased by Americana Partners LLC

Key Points

• Americana Partners increased its Howmet Aerospace position by 229.9%. The fund acquired 25,850 additional shares, bringing its holdings to 37,095 shares valued at approximately $8.39 million; institutional investors collectively own 90.46% of the stock.
• Howmet exceeded third-quarter expectations. The company reported $1.46 in EPS and $2.70 billion in revenue, surpassing analyst estimates while revenue rose 29.4% year over year.
• Analysts remain broadly bullish, but have reduced some price targets. Howmet has a “Moderate Buy” consensus rating and an average target of $304.33, while the company announced a quarterly dividend of $0.14 per share.

Americana Partners LLC raised its position in Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 229.9% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 37,095 shares of the company's stock after acquiring an additional 25,850 shares during the quarter. Americana Partners LLC's holdings in Howmet Aerospace were worth $8,390,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of HWM. BlackRock Inc. bought a new position in Howmet Aerospace during the second quarter worth about $12,318,939,000. State Street Corp increased its position in Howmet Aerospace by 3.3% during 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 during the last quarter. Bank of America Corp DE bought a new stake in Howmet Aerospace in the second quarter valued at approximately $2,766,806,000. Jupiter Topco LLC bought a new stake in Howmet Aerospace in the second quarter valued at approximately $2,065,086,000. Finally, Bank of New York Mellon Corp bought a new stake in Howmet Aerospace in the second quarter valued at approximately $1,099,765,000. Institutional investors own 90.46% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. Sanford C. Bernstein restated an "outperform" rating and issued a $298.00 price target (down from $328.00) on shares of Howmet Aerospace in a research note on Wednesday, October 7th. Susquehanna reduced their price objective on shares of Howmet Aerospace from $340.00 to $275.00 and set a "positive" rating for the company in a research report on Friday. Jefferies Financial Group reiterated a "buy" rating and issued a $370.00 price objective (up from $340.00) on shares of Howmet Aerospace in a report on Sunday, August 9th. Weiss Ratings raised shares of Howmet Aerospace from a "buy (b-)" rating to a "buy (b)" rating in a research report on Wednesday, August 19th. Finally, Wall Street Zen cut shares of Howmet Aerospace from a "strong-buy" rating to a "buy" rating in a research note on Sunday, July 5th. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, Howmet Aerospace currently has a consensus rating of "Moderate Buy" and an average price target of $304.33.

Howmet Aerospace Stock Down 3.2%

HWM stock opened at $199.43 on Friday. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.86 and a quick ratio of 0.87. The stock has a market capitalization of $79.79 billion, a price-to-earnings ratio of 40.70, a PEG ratio of 1.85 and a beta of 1.21. The business's fifty day moving average price is $229.00 and its two-hundred day moving average price is $248.49. Howmet Aerospace Inc. has a fifty-two week low of $183.52 and a fifty-two week high of $310.00.

Howmet Aerospace (NYSE:HWM - Get Free Report) last announced its earnings results 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 company had revenue of $2.70 billion during the quarter, compared to analysts' expectations of $2.59 billion. Howmet Aerospace had a net margin of 21.10% and a return on equity of 36.44%. Howmet Aerospace's quarterly revenue was up 29.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.95 earnings per share. On average, equities analysts anticipate that Howmet Aerospace Inc. will post 5.34 earnings per share 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 issued a dividend of $0.14 per share. The ex-dividend date of this dividend 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 currently 10.96%.

Howmet Aerospace News Roundup

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 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.

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