Howmet Aerospace Inc. $HWM Shares Acquired by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. boosted its position in Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 128.6% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 748,791 shares of the company's stock after acquiring an additional 421,300 shares during the period. Assenagon Asset Management S.A. owned about 0.19% of Howmet Aerospace worth $169,362,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of HWM. Ninety One UK Ltd purchased a new position in Howmet Aerospace during the third quarter worth approximately $444,000. Formuepleje A S purchased a new position in shares of Howmet Aerospace in the 3rd quarter worth $419,000. Nvwm LLC boosted its holdings in Howmet Aerospace by 1,035.7% in the third quarter. Nvwm LLC now owns 159 shares of the company's stock valued at $36,000 after acquiring an additional 145 shares during the last quarter. HBW Advisory Services LLC boosted its holdings in Howmet Aerospace by 20.1% in the third quarter. HBW Advisory Services LLC now owns 3,530 shares of the company's stock valued at $799,000 after acquiring an additional 591 shares during the last quarter. Finally, Mather Group LLC. boosted its holdings in Howmet Aerospace by 7.5% in the third quarter. Mather Group LLC. now owns 11,503 shares of the company's stock valued at $2,602,000 after acquiring an additional 798 shares during the last quarter. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Howmet Aerospace Trading Up 1.1%

Shares of HWM opened at $219.89 on Friday. The company has a market capitalization of $87.98 billion, a P/E ratio of 47.81, a P/E/G ratio of 1.96 and a beta of 1.21. Howmet Aerospace Inc. has a one year low of $187.46 and a one year high of $310.00. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.87 and a current ratio of 1.82. The stock has a 50-day moving average price of $246.45 and a 200 day moving average price of $257.10.

Howmet Aerospace (NYSE:HWM - Get Free Report) last posted its quarterly earnings data 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. Howmet Aerospace had a return on equity of 33.91% and a net margin of 20.52%. The company had revenue of $2.55 billion for the quarter, compared to the consensus estimate of $2.43 billion. During the same period in the previous year, the business earned $0.91 EPS. Howmet Aerospace's revenue for the quarter 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. Sell-side analysts forecast that Howmet Aerospace Inc. will post 5.34 EPS for the current fiscal year.

Howmet Aerospace Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 25th. Stockholders of record on Friday, November 6th will be given a $0.14 dividend. 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 payout ratio is presently 12.07%.

Key Headlines Impacting Howmet Aerospace

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

Analyst Upgrades and Downgrades

Several brokerages have commented on HWM. Royal Bank Of Canada dropped their price target on Howmet Aerospace from $350.00 to $300.00 and set an "outperform" rating for the company in a research note on Thursday. Guggenheim initiated coverage on Howmet Aerospace in a report on Monday, September 14th. They issued a "buy" rating and a $350.00 price objective on the stock. 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. Deutsche Bank Aktiengesellschaft raised their target price on shares of Howmet Aerospace from $338.00 to $343.00 and gave the company a "buy" rating in a research note on Friday, August 7th. Finally, Morgan Stanley restated an "overweight" rating and set a $335.00 target price on shares of Howmet Aerospace in a report on Monday, August 10th. One analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, Howmet Aerospace has an average rating of "Moderate Buy" and an average price target of $310.29.

Howmet Aerospace Profile

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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