KeyCorp Initiates Coverage on Howmet Aerospace (NYSE:HWM)

Equities researchers at KeyCorp initiated coverage on shares of Howmet Aerospace (NYSE:HWM) in a research report issued on Wednesday. The firm set a “sector weight” rating on the stock.

A number of other equities research analysts also recently issued reports on HWM. Bank of America increased their price objective on Howmet Aerospace from $250.00 to $300.00 and gave the stock a “buy” rating in a research report on Friday, February 20th. Weiss Ratings restated a “buy (b)” rating on shares of Howmet Aerospace in a research note on Thursday, January 22nd. UBS Group raised their price target on Howmet Aerospace from $228.00 to $260.00 and gave the company a “neutral” rating in a report on Tuesday, February 17th. Susquehanna lifted their price target on Howmet Aerospace from $255.00 to $290.00 and gave the company a “positive” rating in a research report on Friday, February 13th. Finally, Wall Street Zen raised Howmet Aerospace from a “hold” rating to a “buy” rating in a report on Sunday, January 18th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $256.15.

Howmet Aerospace Price Performance

HWM stock opened at $230.58 on Wednesday. The firm has a 50 day moving average of $236.92 and a 200-day moving average of $212.32. The firm has a market capitalization of $92.45 billion, a P/E ratio of 62.15, a price-to-earnings-growth ratio of 2.24 and a beta of 1.21. Howmet Aerospace has a 12 month low of $105.04 and a 12 month high of $267.31. The company has a current ratio of 2.13, a quick ratio of 1.09 and a debt-to-equity ratio of 0.53.

Howmet Aerospace (NYSE:HWM) last posted its earnings results on Thursday, February 12th. The company reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.97 by $0.08. The business had revenue of $2.17 billion for the quarter, compared to analysts’ expectations of $2.12 billion. Howmet Aerospace had a net margin of 18.27% and a return on equity of 30.41%. The business’s revenue for the quarter was up 14.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.77 EPS. Howmet Aerospace has set its Q1 2026 guidance at 1.090-1.110 EPS and its FY 2026 guidance at 4.350-4.550 EPS. As a group, sell-side analysts predict that Howmet Aerospace will post 3.27 earnings per share for the current fiscal year.

Insider Transactions at Howmet Aerospace

In other Howmet Aerospace news, EVP Neil Edward Marchuk sold 45,150 shares of the business’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $251.70, for a total value of $11,364,255.00. Following the completion of the sale, the executive vice president directly owned 107,008 shares of the company’s stock, valued at $26,933,913.60. The trade was a 29.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, VP Barbara Lou Shultz sold 1,000 shares of the business’s stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $260.00, for a total value of $260,000.00. Following the completion of the sale, the vice president directly owned 23,874 shares of the company’s stock, valued at approximately $6,207,240. This trade represents a 4.02% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 1.04% of the company’s stock.

Institutional Investors Weigh In On Howmet Aerospace

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in HWM. Voya Investment Management LLC raised its holdings in shares of Howmet Aerospace by 9.1% during the third quarter. Voya Investment Management LLC now owns 1,247,220 shares of the company’s stock valued at $244,742,000 after acquiring an additional 104,207 shares in the last quarter. Nordea Investment Management AB lifted its position in Howmet Aerospace by 59.2% during the 3rd quarter. Nordea Investment Management AB now owns 1,401,335 shares of the company’s stock valued at $273,288,000 after acquiring an additional 521,180 shares during the period. LBP AM SA boosted its position in shares of Howmet Aerospace by 18.0% in the 3rd quarter. LBP AM SA now owns 68,499 shares of the company’s stock worth $13,442,000 after purchasing an additional 10,460 shares in the last quarter. GRIMES & Co WEALTH MANAGEMENT LLC bought a new stake in Howmet Aerospace in the third quarter worth $1,581,000. Finally, Greenup Street Wealth Management LLC boosted its stake in Howmet Aerospace by 76.3% in the 3rd quarter. Greenup Street Wealth Management LLC now owns 20,972 shares of the company’s stock worth $4,115,000 after purchasing an additional 9,078 shares in the last quarter. 90.46% of the stock is currently owned by institutional investors.

About Howmet Aerospace

Howmet Aerospace Inc is an industrial technology company that designs, manufactures and repairs engineered metal products for the aerospace, transportation and industrial markets. Its product portfolio includes precision castings and forgings, engineered fasteners, seamless rolled rings, and complex components for turbine engines, airframes and industrial gas turbines. The company also provides aftermarket services such as component repair, overhaul and parts distribution to support the operating fleet of commercial and military customers.

Howmet serves a global customer base of original equipment manufacturers (OEMs) and aftermarket operators, with manufacturing, service and distribution facilities across North America, Europe and Asia.