Howmet Aerospace Inc. $HWM Stock: Strategy Asset Managers LLC Cuts Position

Key Points

• Strategy Asset Managers LLC cut its Howmet Aerospace stake by 79.6% in the third quarter, selling 4,804 shares and retaining 1,232 shares worth approximately $279,000. Institutional investors collectively own 90.46% of HWM.
• Analysts remain broadly positive, with one Strong Buy, 18 Buy, and four Hold ratings. Howmet has a consensus “Moderate Buy” rating and an average price target of $310.29, despite several recent target reductions.
• 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, equivalent to a 0.3% yield.

Strategy Asset Managers LLC lessened its position in Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 79.6% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 1,232 shares of the company's stock after selling 4,804 shares during the period. Strategy Asset Managers LLC's holdings in Howmet Aerospace were worth $279,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Patriot Financial Group Insurance Agency LLC boosted its holdings in Howmet Aerospace by 95.3% in the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 24,338 shares of the company's stock valued at $5,609,000 after purchasing an additional 11,878 shares in the last quarter. Man Group plc acquired a new position in Howmet Aerospace during the 2nd quarter worth approximately $104,566,000. Pictet Asset Management Holding SA increased its position in Howmet Aerospace by 28.6% during the 1st quarter. Pictet Asset Management Holding SA now owns 230,064 shares of the company's stock worth $52,984,000 after purchasing an additional 51,169 shares during the period. State Street Corp increased its position in Howmet Aerospace by 3.3% during the 2nd quarter. State Street Corp now owns 18,933,928 shares of the company's stock worth $5,090,576,000 after purchasing an additional 612,866 shares during the period. Finally, QRG Capital Management Inc. raised its stake in shares of Howmet Aerospace by 162.8% during the 1st quarter. QRG Capital Management Inc. now owns 59,956 shares of the company's stock worth $13,817,000 after buying an additional 37,141 shares in the last quarter. Hedge funds and other institutional investors own 90.46% of the company's stock.

Wall Street Analysts Forecast Growth

HWM has been the subject of several recent analyst reports. Sanford C. Bernstein reissued an "outperform" rating and issued a $298.00 price target (down from $328.00) on shares of Howmet Aerospace in a report on Wednesday, October 7th. UBS Group lifted their price target on Howmet Aerospace from $299.00 to $326.00 and gave the company a "neutral" rating in a research note on Friday, August 7th. Wall Street Zen lowered Howmet Aerospace from a "strong-buy" rating to a "buy" rating in a report on Sunday, July 5th. Weiss Ratings raised Howmet Aerospace from a "buy (b-)" rating to a "buy (b)" rating in a report on Wednesday, August 19th. Finally, Guggenheim began coverage on Howmet Aerospace in a report on Monday, September 14th. They issued a "buy" rating and a $350.00 target price for the company. 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's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $310.29.

Howmet Aerospace Stock Up 1.1%

HWM stock opened at $219.89 on Friday. The company has a market cap of $87.98 billion, a P/E ratio of 47.39, a P/E/G ratio of 1.96 and a beta of 1.21. Howmet Aerospace Inc. has a 52 week low of $187.46 and a 52 week high of $310.00. The company's 50-day moving average price is $246.45 and its 200 day moving average price is $257.10. The company has a current ratio of 1.82, a quick ratio of 0.87 and a debt-to-equity ratio of 0.71.

Howmet Aerospace (NYSE:HWM - Get Free Report) last issued its earnings results on Thursday, August 6th. The company reported $1.33 earnings per share 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 company 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 business posted $0.91 earnings per share. The firm'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. On average, research analysts expect that Howmet Aerospace Inc. will post 5.34 earnings per share for the current fiscal year.

Howmet Aerospace Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 25th. Stockholders of record on Friday, November 6th will be paid 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 payout ratio is 12.07%.

Key Howmet Aerospace News

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

About Howmet Aerospace

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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