154,927 Shares in Howmet Aerospace Inc. $HWM Acquired by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. purchased a new position in Howmet Aerospace Inc. (NYSE:HWM) during the 3rd quarter, HoldingsChannel.com reports. The firm purchased 154,927 shares of the company’s stock, valued at approximately $35,041,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. West Paces Advisors Inc. bought a new position in Howmet Aerospace in the 2nd quarter valued at $27,000. Bartlett & CO. Wealth Management LLC boosted its stake in shares of 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 purchasing an additional 38 shares during the period. Markowski Investments purchased a new position in Howmet Aerospace in the 2nd quarter worth about $29,000. Reyes Financial Architecture Inc. purchased a new stake in Howmet Aerospace in the 3rd quarter valued at about $31,000. Finally, Retirement Wealth Solutions LLC grew its stake in Howmet Aerospace by 328.1% in the 3rd quarter. Retirement Wealth Solutions LLC now owns 137 shares of the company’s stock worth $31,000 after acquiring an additional 105 shares in the last quarter. 90.46% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

HWM has been the subject of several research reports. Weiss Ratings upgraded Howmet Aerospace from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, August 19th. Citigroup restated a “buy” rating on shares of Howmet Aerospace in a report on Tuesday, October 27th. BTIG Research upped their price objective on shares of Howmet Aerospace from $300.00 to $340.00 and gave the stock a “buy” rating in a research note on Monday, August 10th. BNP Paribas Exane dropped their target price on shares of Howmet Aerospace from $310.00 to $250.00 and set an “outperform” rating on the stock in a report on Friday. Finally, Royal Bank Of Canada cut their target price on shares of Howmet Aerospace from $350.00 to $300.00 and set an “outperform” rating on the stock in a research report on Thursday, October 15th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $304.33.

Howmet Aerospace Trading Up 0.1%

Shares of NYSE HWM opened at $199.43 on Monday. Howmet Aerospace Inc. has a 1-year low of $183.52 and a 1-year high of $310.00. The business has a fifty day moving average price of $229.00 and a 200 day moving average price of $248.49. The stock has a market capitalization of $79.31 billion, a P/E ratio of 39.03, a price-to-earnings-growth ratio of 1.75 and a beta of 1.31. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.86 and a quick ratio of 0.90.

Howmet Aerospace (NYSE:HWM) last announced 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. The firm had revenue of $2.70 billion for the quarter, compared to the consensus estimate of $2.59 billion. Howmet Aerospace had a return on equity of 36.44% and a net margin of 21.10%. The firm’s revenue for the quarter was up 29.4% on a year-over-year basis. During the same period in the previous year, the business earned $0.95 EPS. Equities research analysts expect that Howmet Aerospace Inc. will post 5.45 EPS 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. The ex-dividend date is Friday, November 6th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.3%. Howmet Aerospace’s payout ratio is 10.96%.

More Howmet Aerospace News

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 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.