4,885 Howmet Aerospace Inc. $HWM Shares Bought by Milestone Asset Management LLC

Milestone Asset Management LLC lifted its stake in Howmet Aerospace Inc. (NYSE:HWM) by 612.9% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,682 shares of the company’s stock after purchasing an additional 4,885 shares during the period. Milestone Asset Management LLC’s holdings in Howmet Aerospace were worth $1,285,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in HWM. BlackRock Inc. bought a new stake in Howmet Aerospace in the second quarter valued at about $12,318,939,000. Bank of America Corp DE acquired a new position in Howmet Aerospace in the second quarter valued at about $2,766,806,000. Jupiter Topco LLC acquired a new position in Howmet Aerospace in the second quarter valued at about $2,065,086,000. Bank of New York Mellon Corp acquired a new position in Howmet Aerospace in the second quarter valued at about $1,099,765,000. Finally, Legal & General Group Plc bought a new position in Howmet Aerospace during the second quarter worth about $580,991,000. 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: 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

Analysts Set New Price Targets

A number of brokerages recently weighed in on HWM. Deutsche Bank Aktiengesellschaft increased their price target on shares of Howmet Aerospace from $338.00 to $343.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Citigroup restated a “buy” rating on shares of Howmet Aerospace in a report on Wednesday, September 30th. Wells Fargo & Company lowered their target price on shares of Howmet Aerospace from $315.00 to $255.00 and set an “equal weight” rating for the company in a research note on Wednesday, September 30th. BTIG Research increased their target price 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. Finally, UBS Group increased their target price on shares of Howmet Aerospace from $299.00 to $326.00 and gave the stock a “neutral” rating in a report on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, Howmet Aerospace presently has a consensus rating of “Moderate Buy” and an average price target of $310.29.

Howmet Aerospace Stock Up 1.1%

Shares of Howmet Aerospace stock opened at $219.89 on Friday. The firm has a market cap of $87.98 billion, a PE ratio of 47.39, a P/E/G ratio of 1.96 and a beta of 1.21. The business’s 50 day simple moving average is $246.45 and its 200 day simple moving average is $257.10. 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 Inc. has a 52-week low of $187.46 and a 52-week high of $310.00.

Howmet Aerospace (NYSE:HWM) last released its quarterly earnings results on Thursday, August 6th. The company reported $1.33 earnings per share for the quarter, topping analysts’ consensus estimates of $1.24 by $0.09. Howmet Aerospace had a return on equity of 33.91% and a net margin of 20.52%. The firm had revenue of $2.55 billion during the quarter, compared to the consensus estimate of $2.43 billion. During the same quarter in the prior year, the firm posted $0.91 EPS. The business’s revenue 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, analysts predict that Howmet Aerospace Inc. will post 5.34 earnings per share for the current fiscal year.

Howmet Aerospace Announces Dividend

The firm also recently disclosed 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. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend is Friday, November 6th. Howmet Aerospace’s payout ratio is currently 12.07%.

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.