Sumitomo Mitsui Trust Group Inc. Sells 27,087 Shares of Howmet Aerospace Inc. $HWM

Sumitomo Mitsui Trust Group Inc. lowered its stake in shares of Howmet Aerospace Inc. (NYSE:HWM) by 3.1% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 848,332 shares of the company’s stock after selling 27,087 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in Howmet Aerospace were worth $191,876,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Premier Path Wealth Partners LLC raised its stake in shares of Howmet Aerospace by 1.0% during the second quarter. Premier Path Wealth Partners LLC now owns 3,812 shares of the company’s stock worth $1,025,000 after acquiring an additional 37 shares in the last quarter. Bartlett & CO. Wealth Management LLC boosted its position in Howmet Aerospace by 55.1% during the second quarter. Bartlett & CO. Wealth Management LLC now owns 107 shares of the company’s stock valued at $29,000 after buying an additional 38 shares during the period. Roman Butler Fullerton & Co. boosted its position in Howmet Aerospace by 0.4% during the first quarter. Roman Butler Fullerton & Co. now owns 10,537 shares of the company’s stock valued at $2,634,000 after buying an additional 42 shares during the period. Raleigh Capital Management Inc. grew its stake in shares of Howmet Aerospace by 4.3% during the second quarter. Raleigh Capital Management Inc. now owns 1,094 shares of the company’s stock valued at $294,000 after buying an additional 45 shares during the last quarter. Finally, Anchyra Partners LLC grew its stake in shares of Howmet Aerospace by 1.0% during the second quarter. Anchyra Partners LLC now owns 4,359 shares of the company’s stock valued at $1,172,000 after buying an additional 45 shares during the last quarter. Institutional investors own 90.46% of the company’s stock.

Key Headlines Impacting 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

Several research firms have recently commented on HWM. Susquehanna decreased their price objective on Howmet Aerospace from $340.00 to $275.00 and set a “positive” rating on the stock in a report on Friday. BTIG Research increased their target price on Howmet Aerospace from $300.00 to $340.00 and gave the company a “buy” rating in a report on Monday, August 10th. Jefferies Financial Group restated a “buy” rating on shares of Howmet Aerospace in a research report on Monday. BNP Paribas Exane decreased their price target on Howmet Aerospace from $310.00 to $250.00 and set an “outperform” rating on the stock in a research note on Friday. Finally, Citigroup reiterated a “buy” rating on shares of Howmet Aerospace in a research report on Tuesday, October 27th. One investment 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 company currently has an average rating of “Moderate Buy” and an average price target of $304.33.

Howmet Aerospace Stock Up 0.1%

Shares of Howmet Aerospace stock opened at $199.43 on Monday. Howmet Aerospace Inc. has a twelve month low of $183.52 and a twelve month high of $310.00. 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’s 50 day moving average is $229.00 and its 200 day moving average is $248.49. The company has a market cap of $79.31 billion, a price-to-earnings ratio of 39.03, a price-to-earnings-growth ratio of 1.75 and a beta of 1.31.

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

Howmet Aerospace Announces Dividend

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

Howmet Aerospace 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.