Howmet Aerospace (NYSE:HWM) Upgraded to “Strong-Buy” at Wall Street Zen

Howmet Aerospace (NYSE:HWMGet Free Report) was upgraded by equities research analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a research report issued on Saturday.

Several other research firms have also recently issued reports on HWM. Wolfe Research set a $270.00 target price on Howmet Aerospace and gave the company an “outperform” rating in a research note on Wednesday, March 11th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $320.00 price target on shares of Howmet Aerospace in a research note on Friday, May 8th. Truist Financial set a $280.00 price objective on shares of Howmet Aerospace in a research report on Wednesday, March 11th. Citigroup upped their price objective on shares of Howmet Aerospace from $271.00 to $303.00 and gave the stock a “buy” rating in a report on Monday, May 18th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Howmet Aerospace from $265.00 to $310.00 and gave the stock an “overweight” rating in a report on Monday, May 11th. Eighteen investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $287.53.

View Our Latest Research Report on Howmet Aerospace

Howmet Aerospace Stock Performance

Howmet Aerospace stock opened at $268.43 on Friday. The company has a current ratio of 2.44, a quick ratio of 1.59 and a debt-to-equity ratio of 0.73. The firm has a 50-day moving average of $259.42 and a 200-day moving average of $239.15. The firm has a market cap of $107.40 billion, a P/E ratio of 62.28, a P/E/G ratio of 2.16 and a beta of 1.19. Howmet Aerospace has a 1-year low of $169.45 and a 1-year high of $290.63.

Howmet Aerospace (NYSE:HWMGet Free Report) last announced its quarterly earnings results on Thursday, May 7th. The company reported $1.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.11 by $0.11. The company had revenue of $2.31 billion for the quarter, compared to the consensus estimate of $2.24 billion. Howmet Aerospace had a return on equity of 29.27% and a net margin of 20.23%.Howmet Aerospace’s revenue was up 19.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.86 EPS. Howmet Aerospace has set its FY 2026 guidance at 4.880-5.000 EPS and its Q2 2026 guidance at 1.220-1.240 EPS. Sell-side analysts expect that Howmet Aerospace will post 5.04 EPS for the current year.

Insider Activity

In other news, EVP Neil Edward Marchuk sold 41,932 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $269.50, for a total value of $11,300,674.00. Following the sale, the executive vice president directly owned 65,105 shares of the company’s stock, valued at $17,545,797.50. The trade was a 39.18% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 0.85% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Newbridge Financial Services Group Inc. grew its stake in shares of Howmet Aerospace by 119.7% in the second quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock worth $25,000 after acquiring an additional 73 shares during the last quarter. Acumen Wealth Advisors LLC bought a new position in Howmet Aerospace in the 4th quarter worth about $25,000. Sound Income Strategies LLC boosted its stake in Howmet Aerospace by 66.7% in the 4th quarter. Sound Income Strategies LLC now owns 125 shares of the company’s stock worth $28,000 after purchasing an additional 50 shares in the last quarter. Cornerstone Financial Management LLC bought a new position in Howmet Aerospace in the 4th quarter worth about $28,000. Finally, Vermillion & White Wealth Management Group LLC grew its position in Howmet Aerospace by 65.1% during the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 137 shares of the company’s stock valued at $28,000 after purchasing an additional 54 shares during the last quarter. Institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Howmet Aerospace (NYSE:HWM)

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