Howmet Aerospace Inc. $HWM Stock: First Citizens Bank & Trust Co. Boosts Position

Key Points

• First Citizens Bank & Trust Co. increased its Howmet Aerospace position by 552.7% in the third quarter, bringing its holdings to 6,821 shares valued at approximately $1.54 million. Institutional investors collectively own 90.46% of HWM.
• Analysts maintain a positive outlook, with one Strong Buy, 18 Buy, and four Hold ratings, producing a “Moderate Buy” consensus and an average price target of $310.29. Several firms recently lowered targets, however, signaling more cautious valuation assumptions.
• Howmet reported quarterly EPS of $1.33 versus the $1.24 consensus and revenue of $2.55 billion, up 24.1% year over year. The company also declared a quarterly dividend of $0.14 per share, or $0.56 annualized.

First Citizens Bank & Trust Co. lifted its position in Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 552.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,821 shares of the company's stock after purchasing an additional 5,776 shares during the quarter. First Citizens Bank & Trust Co.'s holdings in Howmet Aerospace were worth $1,543,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. West Paces Advisors Inc. acquired a new stake in shares of Howmet Aerospace during the second quarter worth about $27,000. Bartlett & CO. Wealth Management LLC increased its holdings in Howmet Aerospace by 55.1% in the 2nd quarter. Bartlett & CO. Wealth Management LLC now owns 107 shares of the company's stock worth $29,000 after buying an additional 38 shares during the period. Markowski Investments acquired a new position in Howmet Aerospace in the 2nd quarter worth approximately $29,000. Retirement Wealth Solutions LLC increased its holdings in 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 period. Finally, Wilkerson Advisory Group LLC raised its position in Howmet Aerospace by 129.7% during the 1st quarter. Wilkerson Advisory Group LLC now owns 147 shares of the company's stock worth $34,000 after buying an additional 83 shares during the last quarter. 90.46% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on HWM. TD Cowen cut their price objective on shares of Howmet Aerospace from $320.00 to $280.00 and set a "buy" rating on the stock in a research note on Friday, October 9th. Susquehanna boosted their target price on shares of Howmet Aerospace from $330.00 to $340.00 and gave the company a "positive" rating in a research report on Friday, August 7th. Royal Bank Of Canada lowered their price target on shares of Howmet Aerospace from $350.00 to $300.00 and set an "outperform" rating on the stock in a report on Thursday. Deutsche Bank Aktiengesellschaft upped their price target 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, Weiss Ratings raised Howmet Aerospace from a "buy (b-)" rating to a "buy (b)" rating in a research report on Wednesday, August 19th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $310.29.

Trending Headlines about 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

Howmet Aerospace Stock Up 1.1%

HWM opened at $219.89 on Friday. The company has a fifty day moving average of $246.45 and a two-hundred day moving average of $257.10. The stock has a market capitalization of $87.98 billion, a price-to-earnings ratio of 47.39, a PEG ratio of 1.96 and a beta of 1.21. Howmet Aerospace Inc. has a fifty-two week low of $187.46 and a fifty-two week 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.

Howmet Aerospace (NYSE:HWM - Get Free Report) last posted 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. Howmet Aerospace had a net margin of 20.52% and a return on equity of 33.91%. The business had revenue of $2.55 billion for the quarter, compared to analyst estimates of $2.43 billion. During the same period in the prior year, the company posted $0.91 EPS. The company's revenue for the quarter was up 24.1% on a year-over-year basis. 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 Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 25th. Investors of record on Friday, November 6th will be issued 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 is presently 12.07%.

Howmet Aerospace Company 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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