Kurv Investment Management LLC grew its position in shares of Howmet Aerospace Inc. (NYSE:HWM – Free Report) by 25.9% in the third quarter, HoldingsChannel reports. The firm owned 12,384 shares of the company’s stock after buying an additional 2,544 shares during the quarter. Howmet Aerospace accounts for approximately 1.4% of Kurv Investment Management LLC’s investment portfolio, making the stock its 24th largest holding. Kurv Investment Management LLC’s holdings in Howmet Aerospace were worth $2,801,000 at the end of the most recent quarter.
Several other large investors have also recently made changes to their positions in the company. Premier Path Wealth Partners LLC lifted its position in shares of Howmet Aerospace by 1.0% in the second quarter. Premier Path Wealth Partners LLC now owns 3,812 shares of the company’s stock worth $1,025,000 after buying an additional 37 shares in the last quarter. Bartlett & CO. Wealth Management LLC increased its stake 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 acquiring an additional 38 shares during the last quarter. Physician Wealth Advisors Inc. increased its stake in Howmet Aerospace by 2.5% in the 1st quarter. Physician Wealth Advisors Inc. now owns 1,730 shares of the company’s stock worth $399,000 after acquiring an additional 42 shares during the last quarter. Roman Butler Fullerton & Co. raised its holdings in shares of Howmet Aerospace by 0.4% during the 1st quarter. Roman Butler Fullerton & Co. now owns 10,537 shares of the company’s stock worth $2,634,000 after acquiring an additional 42 shares in the last quarter. Finally, Raleigh Capital Management Inc. raised its holdings in shares of Howmet Aerospace by 4.3% during the 2nd quarter. Raleigh Capital Management Inc. now owns 1,094 shares of the company’s stock worth $294,000 after acquiring an additional 45 shares in the last quarter. 90.46% of the stock is owned by institutional investors.
Howmet Aerospace Price Performance
HWM stock opened at $199.43 on Friday. The stock has a market cap of $79.79 billion, a PE ratio of 39.03, a P/E/G ratio of 1.85 and a beta of 1.21. Howmet Aerospace Inc. has a 12 month low of $183.52 and a 12 month high of $310.00. The company has a 50-day moving average price of $229.00 and a 200 day moving average price of $248.49. The company has a current ratio of 1.86, a quick ratio of 0.87 and a debt-to-equity ratio of 0.70.
Howmet Aerospace (NYSE:HWM – Get Free Report) last posted its quarterly earnings data on Thursday, October 29th. The company reported $1.46 earnings per share for the quarter, topping analysts’ consensus estimates of $1.37 by $0.09. Howmet Aerospace had a net margin of 21.10% and a return on equity of 36.44%. The company had revenue of $2.70 billion for the quarter, compared to analyst estimates of $2.59 billion. During the same period in the prior year, the company posted $0.95 EPS. The firm’s revenue for the quarter was up 29.4% on a year-over-year basis. Equities research analysts anticipate that Howmet Aerospace Inc. will post 5.34 earnings per share for the current year.
Howmet Aerospace Announces Dividend
The firm also recently announced 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 dividend on an annualized basis and a dividend yield of 0.3%. Howmet Aerospace’s dividend payout ratio is currently 10.96%.
Trending Headlines about Howmet Aerospace
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.
Wall Street Analyst Weigh In
A number of research analysts have recently commented on the company. JPMorgan Chase & Co. increased their target price on Howmet Aerospace from $310.00 to $350.00 and gave the company an “overweight” rating in a research report on Monday, August 10th. Wells Fargo & Company decreased 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 research note on Wednesday, September 30th. Morgan Stanley reiterated an “overweight” rating and set a $335.00 price objective on shares of Howmet Aerospace in a research report on Monday, August 10th. UBS Group lifted their price objective on shares of Howmet Aerospace from $299.00 to $326.00 and gave the stock a “neutral” rating in a research note on Friday, August 7th. Finally, Zacks Research downgraded shares of Howmet Aerospace from a “strong-buy” rating to a “hold” rating in a report on Friday, October 9th. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, Howmet Aerospace has a consensus rating of “Moderate Buy” and an average price target of $304.33.
Check Out Our Latest Analysis on HWM
Howmet Aerospace Company Profile
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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