Howmet Aerospace Inc. $HWM Stock: Sumitomo Mitsui Trust Group Inc. Decreases Stake

Sumitomo Mitsui Trust Group Inc. reduced its stake in Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 3.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 848,332 shares of the company's stock after selling 27,087 shares during the quarter. Sumitomo Mitsui Trust Group Inc. owned approximately 0.21% of Howmet Aerospace worth $191,876,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of Howmet Aerospace in the third quarter valued at about $35,041,000. ProShare Advisors LLC lifted its position in shares of Howmet Aerospace by 0.5% during the third quarter. ProShare Advisors LLC now owns 69,007 shares of the company's stock valued at $15,608,000 after purchasing an additional 359 shares in the last quarter. Vise Technologies Inc. lifted its position in shares of Howmet Aerospace by 15.4% during the third quarter. Vise Technologies Inc. now owns 28,876 shares of the company's stock valued at $6,531,000 after purchasing an additional 3,846 shares in the last quarter. Marin Bay Wealth Advisors LLC boosted its holdings in Howmet Aerospace by 4.9% during the third quarter. Marin Bay Wealth Advisors LLC now owns 1,204 shares of the company's stock worth $272,000 after purchasing an additional 56 shares during the last quarter. Finally, Americana Partners LLC boosted its holdings in Howmet Aerospace by 229.9% during the third quarter. Americana Partners LLC now owns 37,095 shares of the company's stock worth $8,390,000 after purchasing an additional 25,850 shares during the last quarter. 90.46% of the stock is currently owned by institutional investors.

Howmet Aerospace News Summary

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 Price Performance

NYSE HWM opened at $199.43 on Monday. The company has a quick ratio of 0.90, a current ratio of 1.86 and a debt-to-equity ratio of 0.70. The company has a market cap of $79.31 billion, a PE ratio of 39.03, a price-to-earnings-growth ratio of 1.75 and a beta of 1.31. Howmet Aerospace Inc. has a 52 week low of $183.52 and a 52 week high of $310.00. The firm's 50-day simple moving average is $229.00 and its two-hundred day simple moving average is $248.49.

Howmet Aerospace (NYSE:HWM - Get Free Report) last posted its earnings results on Thursday, October 29th. The company reported $1.46 earnings per share for the quarter, topping the consensus estimate of $1.37 by $0.09. Howmet Aerospace had a net margin of 21.10% and a return on equity of 36.44%. The firm had revenue of $2.70 billion during the quarter, compared to the consensus estimate of $2.59 billion. During the same quarter last year, the company earned $0.95 earnings per share. The company's revenue was up 29.4% on a year-over-year basis. Research analysts predict that Howmet Aerospace Inc. will post 5.45 earnings per share for the current year.

Howmet Aerospace Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 25th. Investors of record on Friday, November 6th will be paid a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Friday, November 6th. Howmet Aerospace's payout ratio is presently 10.96%.

Wall Street Analyst Weigh In

HWM has been the topic of a number of recent analyst reports. Royal Bank Of Canada dropped their price target on Howmet Aerospace from $350.00 to $300.00 and set an "outperform" rating on the stock in a report on Thursday, October 15th. Deutsche Bank Aktiengesellschaft raised their target price on Howmet Aerospace from $338.00 to $343.00 and gave the company a "buy" rating in a research report on Friday, August 7th. UBS Group lifted their target price on Howmet Aerospace from $299.00 to $326.00 and gave the stock a "neutral" rating in a research note on Friday, August 7th. Wells Fargo & Company cut their price target on shares of Howmet Aerospace from $315.00 to $255.00 and set an "equal weight" rating on the stock in a report on Wednesday, September 30th. Finally, BTIG Research raised their price objective on shares of Howmet Aerospace from $300.00 to $340.00 and gave the stock a "buy" rating in a report on Monday, August 10th. One investment 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 data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $304.33.

About Howmet Aerospace

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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