Howmet adds capacity as gas-turbine demand skyrockets. Industrial Info Resources is tracking progress at 49 operational facilities worldwide owned by Howmet, including 37 in the U.S. Released Monday, November 02, 2026 Reports related to this article: Summary. Howmet expects the global market for industrial gas-turbine components will continue to strengthen well into the 2030s, with its long-term contracts with high-profile customers supporting its planned capacity expansions. No end in sight for gas turbine demand. Howmet Aerospace Incorporated is riding the constantly cresting wave of demand for industrial gas turbines. The company, which manufactures components critical to gas-turbine operations, expects its order backlog will grow exponentially in coming years as its competitors face sold-out inventories. Industrial Info Resources is tracking progress at 49 operational facilities worldwide owned by Howmet, including 37 in the U.S. John Plant, the chief executive officer of Howmet, said in a quarterly earnings-related conference call Thursday that third-quarter revenues in the company's gas-turbine business grew 45% when compared with the same period last year. He also pointed to a strong long-term outlook "beyond 2028," citing customers who are facing sold-out capacities from turbine providers. "More recently, we have seen major gas-turbine customers state that 2031 is now also sold out, and indeed 2032 will likely be sold out in the next one or two quarters," Plant said in the earnings call. "This growing level of demand continues into the 2030s, and combined with the need for significant increases in future gas-turbine spares, provides Industrial Info Resources, Inc. with even greater confidence. Accordingly, Howmet is preparing to expand production capacity at its superalloy foundry in Wichita Falls, Texas, where the company produces high-performance metal components for gas turbines, such as blades, airfoils and vanes. In September, the Wichita Falls City Council approved a $5.275 million economic development package to support the expansion, which could begin construction as early as February. Industrial Info Resources offers more information on this project in its Global Market Intelligence (GMI) Metals & Minerals Plant and Project databases, where readers can find details-including construction schedules, investment values and necessary equipment -in a plant profile and project report. Executives said Howmet's long-term agreements with major industrial gas-turbine manufacturers positions put the company in a favorable position to address rising demand. Plant noted Howmet counts General Electric Company, Safran S.A., Pratt & Whitney and Rolls-Royce among its customers. According to Industrial Info Resources data, Howmet's active and proposed projects total more than $325 million worldwide. Subscribers can consult a full list of project reports. Howmet also produces fastening systems and structural components for the aerospace industry. By the Numbers * 45%: Howmet's year-over-year revenue growth in the third quarter for its gas-turbine business * 49: operational facilities worldwide owned by Howmet, including 37 in the U.S. * More than $325 million: Total value of Howmet's active and proposed projects worldwide Sky's the Limit in Aerospace. Companywide, Howmet's revenues grew 33% from the third quarter of 2025 to $1.45 billion, which executives attributed partly to the company's acquisition of Brunner Fastener, completed in February. Brunner specializes in the production of bolts, pins, wires and other steel-based fastener materials. Notably, Howmet notched 32% growth in the commercial aerospace market and 10% growth in the defense aerospace market. In April, the company completed an expansion of a casting plant for jet-engine components in Whitehall, Michigan, which will allow the facility to produce ceramic cores used in jet engines and gas turbines. Subscribers can learn more from a plant profile and project report. Howmet also is at work on an expansion of its ceramic cores plant in Morristown, Tennessee, which kicked off in the second quarter of 2025. In addition to the new production lines, the company aims to improve its output of fuel-efficient aerospace engines, which one executive said would enable "the next generation of quieter, cleaner, more efficient engines and power generation." Subscribers can learn more from a plant profile and project report. "The way things are shaping, I sense that we're going to have a very continuing high level of capital expenditure into 2028," Plant said in the earnings call. The company did not provide a specific dollar value, but executives expect Howmet's 2027 capital expenditures will exceed those for full-year 2026, which are projected to come in at more than $500 million. The Industrial Info Resources GMI Project and Plant databases offer a full list of detailed reports for projects mentioned in this article, and a full list of related plant profiles. Industrial Info Resources also offers a full list of profiles for operational facilities worldwide owned by Howmet. Key Takeaways * Howmet expects its order backlog for gas-turbine components will grow exponentially in coming years. * Howmet's companywide revenues grew 33% from the third quarter of 2025 to $1.45 billion. * Executives expect Howmet will see high levels of capital expenditures going into 2028. About Industrial Info Resources Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news, and analysis on the industrial process, manufacturing, and energy-related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified, and verified plant and project opportunities. Across the world, Industrial Info Resources is tracking over 250,000 current and future projects worth $30.2 trillion (USD). Want more IIR news intelligence? Make Industrial Info Resources, Inc. a Preferred Source on Google to see more of Industrial Info Resources, Inc. when you search. Ask Industrial Info Resources, Inc.. Submit a question and one of its experts will be happy to assist you. By submitting this form, you give Industrial Info permission to contact you by email in response to your inquiry. Forecasts & analytical solutions. Where global project and asset data meets advanced analytics for smarter market sizing and forecasting. PECWeb Global Market Intelligence platform. Identify opportunities, anticipate change, and execute with confidence. PECWeb connects the industrial intelligence you need, from projects and assets to operational events, all in one platform.

Howmet Aerospace announces $5B buyback, raises 2026 guidance as Q3 earnings beat estimates. Published: Oct 29 2026, 06:10 PM IST * FB * TW * Linkdin * Whatsapp * GNFollow Us Howmet Aerospace projects 12% revenue growth in 2027, supported by strong commercial aerospace demand and accelerating gas turbine sales. * Howmet's Q3 revenue jumped 29% to $2.70 billion, while adjusted EPS rose to $1.46, beating Street estimates. * The company repaid $60 million in commercial paper borrowings, leaving $390 million outstanding at quarter-end. * Howmet raised its 2026 revenue guidance by $250 million to around $10.3 billion and projected 2027 revenue of $11.5 billion. Howmet Aerospace (HWM) announced a new $5 billion share buyback plan, adding to its existing authorization, after reporting better-than-expected fiscal third-quarter (Q3) earnings and raising its full-year guidance. The company repurchased $500 million worth of shares during the third quarter, taking year-to-date repurchases to $1.1 billion. The aerospace firm now has about $5.4 billion available for share repurchases. Howmet also repaid $60 million in commercial paper borrowings during the quarter, leaving $390 million outstanding under its $1 billion program. As of this writing, HWM stock was up over 7% in Thursday's premarket trading. Howmet Aerospace's Q3 earnings beat estimates. Howmet's third-quarter revenue rose 29% year over year to $2.70 billion, exceeding analysts' consensus estimate of $2.59 billion. Adjusted earnings per share (EPS) increased to $1.46 from $0.95 a year earlier, beating the $1.37 consensus estimate, according to FiscalAI. Organic revenue growth reached 25%, driven by a 32% increase in commercial aerospace sales, 45% growth in the gas turbines market and a 10% increase in defense aerospace sales. Howmet raises guidance, sees 12% revenue growth in 2027. Howmet raised its full-year 2026 revenue guidance midpoint by $250 million to $10.3 billion and increased its adjusted EPS outlook to $5.50 from $5.27. The Pennsylvania-based aerospace company also raised its free cash flow forecast to $2 billion from $1.9 billion. Looking ahead, Howmet projected around $11.5 billion in 2027 revenue, representing 12% growth over its increased 2026 outlook. Commercial aerospace demand remains strong, supported by aircraft order backlogs and expected production increases through 2027 and beyond, said Executive Chairman and CEO John Plant. Plant also highlighted strengthening gas turbine demand, with customers seeking higher volumes than previously anticipated, supporting the company's outlook beyond 2028. Retail investors' sentiment around HWM stock. On Stocktwits, retail investors' sentiment around HWM stock remained 'bullish' amid 'high' message volume. So far this year, HWM stock has fallen nearly 8%. By comparison, the iShares US Aerospace & Defense ETF (ITA), which holds the stock, has fallen over 6% during this period. For updates and corrections, email newsroom[at]stocktwits[dot]com.< Stay updated with all the latest Business News, including market trends, Share Market News, stock updates, taxation, IPOs, banking, finance, real estate, savings, and investments. Track daily Gold Price changes, updates on DA Hike, and the latest developments on the 8th Pay Commission. Get in-depth analysis, expert opinions, and real-time updates to make informed financial decisions. Download the Asianet News Official App from the Android Play Store and iPhone App Store to stay ahead in business. 0 Comments / 0 New

6,041 Howmet Aerospace Inc. $HWM shares acquired by vest Financial LLC. Vest Financial LLC raised its stake in shares of Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 9.0% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 73,288 shares of the company's stock after purchasing an additional 6,041 shares during the quarter. Vest Financial LLC's holdings in Howmet Aerospace were worth $16,576,000 at the end of the most recent reporting period. Several other institutional investors have also added to or reduced their stakes in the stock. BlackRock Inc. bought a new stake in shares of Howmet Aerospace during the 2nd quarter valued at about $12,318,939,000. State Street Corp increased its position in shares of Howmet Aerospace by 3.3% during the second quarter. State Street Corp now owns 18,933,928 shares of the company's stock valued at $5,090,576,000 after buying an additional 612,866 shares during the period. Bank of America Corp DE bought a new position in Howmet Aerospace in the second quarter worth about $2,766,806,000. Jupiter Topco LLC bought a new position in Howmet Aerospace in the second quarter worth about $2,065,086,000. Finally, Bank of New York Mellon Corp bought a new position in Howmet Aerospace in the second quarter worth about $1,099,765,000. 90.46% of the stock is currently owned by institutional investors. Howmet Aerospace stock down 7.1%. Shares of Howmet Aerospace stock opened at $193.37 on Friday. Howmet Aerospace Inc. has a 1 year low of $188.83 and a 1 year high of $310.00. The firm has a market cap of $77.37 billion, a price-to-earnings ratio of 41.67, a PEG ratio of 1.87 and a beta of 1.21. The company has a 50-day moving average of $239.34 and a 200 day moving average of $256.37. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.82 and a quick ratio of 0.87. Howmet Aerospace (NYSE:HWM - Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The company reported $1.33 EPS for the quarter, topping the consensus estimate of $1.24 by $0.09. The business had revenue of $2.55 billion for the quarter, compared to analyst estimates of $2.43 billion. Howmet Aerospace had a net margin of 20.52% and a return on equity of 33.91%. Howmet Aerospace's quarterly revenue was up 24.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.91 earnings per share. 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. As a group, sell-side analysts anticipate that Howmet Aerospace Inc. will post 5.34 earnings per share for the current fiscal year. Howmet Aerospace dividend announcement. 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 issued a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Friday, November 6th. Howmet Aerospace's dividend payout ratio (DPR) is presently 12.07%. Wall Street analysts forecast growth. HWM has been the subject of several research analyst reports. Susquehanna raised their price objective on shares of Howmet Aerospace from $330.00 to $340.00 and gave the stock a "positive" rating in a report on Friday, August 7th. Wall Street Zen downgraded Howmet Aerospace from a "strong-buy" rating to a "buy" rating in a report on Sunday, July 5th. Zacks Research lowered Howmet Aerospace from a "strong-buy" rating to a "hold" rating in a research report on Friday, October 9th. BTIG Research increased their target price on Howmet Aerospace from $300.00 to $340.00 and gave the stock a "buy" rating in a research report on Monday, August 10th. Finally, BNP Paribas Exane lowered their target price on Howmet Aerospace from $345.00 to $310.00 and set an "outperform" rating for the company in a research note on Tuesday, October 6th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $310.29. 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. Receive News & Ratings for Howmet Aerospace Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Howmet Aerospace and related companies with MarketBeat.com's FREE daily email newsletter.