Howmet Aerospace (NYSE:HWM) Shares Up 10.1% on Better-Than-Expected Earnings

Shares of Howmet Aerospace Inc. (NYSE:HWM) traded up 10.1% during trading on Thursday after the company announced better than expected quarterly earnings. The stock traded as high as $255.91 and last traded at $254.0760. 767,534 shares were traded during trading, a decline of 72% from the average session volume of 2,737,290 shares. The stock had previously closed at $230.85.

The company reported $1.05 earnings per share for the quarter, topping the consensus estimate of $0.97 by $0.08. Howmet Aerospace had a return on equity of 29.21% and a net margin of 18.18%.The company had revenue of $2.17 billion for the quarter, compared to analysts’ expectations of $2.12 billion. During the same period in the prior year, the firm earned $0.77 earnings per share. The firm’s revenue for the quarter was up 14.6% on a year-over-year basis. 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.

Howmet Aerospace Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 25th. Shareholders of record on Friday, February 6th will be paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Friday, February 6th. Howmet Aerospace’s dividend payout ratio (DPR) is currently 13.48%.

Howmet Aerospace News Summary

Here are the key news stories impacting Howmet Aerospace this week:

• Positive Sentiment: Q4 beat — Howmet reported adjusted EPS $1.05 vs. consensus $0.97 and revenue ~$2.17B (+14.6% YoY), with higher margins and strong cash flow, driving bullish investor sentiment. Howmet (HWM) Q4 Earnings and Revenues Beat Estimates
• Positive Sentiment: Raised guidance — Company set Q1 2026 EPS guidance of $1.090–$1.110 and FY2026 EPS $4.350–$4.550 with revenue guidance $9.0B–$9.2B, above some Street assumptions, implying continued demand strength. Howmet Aerospace Reports Fourth Quarter and Full Year 2025 Results
• Positive Sentiment: Operational highlights — Record revenue and profit for FY2025, strong free cash flow, $700M of buybacks in 2025 and continued capital returns bolster investor confidence. Howmet Aerospace Reports Fourth Quarter and Full Year 2025 Results
• Positive Sentiment: Market/analyst reaction — Upward analyst revisions and coverage note growing conviction as aerospace demand (aircraft production & spare parts) supports revenue momentum. Recent upward revisions drive broader analyst sentiment on Howmet Aerospace (HWM)
• Neutral Sentiment: Conference materials available — Full earnings slide deck and call transcript provide detail on segment trends and guidance assumptions for due diligence. Howmet Aerospace Inc. (HWM) Q4 2025 Earnings Call Transcript
• Neutral Sentiment: Broader market tailwinds — Positive pre-market macro moves lifted stocks generally; that helped momentum but is not company-specific. Continuing Claims Climb for a Second Week
• Negative Sentiment: Valuation risks — Several notes flag a steep multiple after the rally (discussions of 50+ P/E and fair-value estimates near ~$231), raising the risk of multiple compression if growth falters. Howmet Aerospace: Earnings And Share Price Continue Skyward, 50+ P/E

Analyst Ratings Changes

HWM has been the topic of a number of research analyst reports. TD Cowen restated a “buy” rating on shares of Howmet Aerospace in a research report on Friday, October 31st. Morgan Stanley set a $225.00 price target on Howmet Aerospace and gave the company an “overweight” rating in a report on Friday, October 31st. BNP Paribas Exane began coverage on shares of Howmet Aerospace in a research note on Tuesday, November 18th. They issued an “outperform” rating and a $240.00 price target on the stock. Susquehanna reaffirmed a “positive” rating and issued a $255.00 price target on shares of Howmet Aerospace in a report on Thursday, January 15th. Finally, Truist Financial set a $258.00 price target on shares of Howmet Aerospace in a research note on Friday, January 9th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Howmet Aerospace presently has an average rating of “Moderate Buy” and an average target price of $224.53.

Institutional Trading of Howmet Aerospace

A number of hedge funds and other institutional investors have recently made changes to their positions in HWM. Norges Bank purchased a new stake in Howmet Aerospace in the 2nd quarter worth approximately $1,633,157,000. JPMorgan Chase & Co. lifted its holdings in Howmet Aerospace by 30.1% in the second quarter. JPMorgan Chase & Co. now owns 31,806,624 shares of the company’s stock valued at $5,920,181,000 after acquiring an additional 7,356,077 shares during the last quarter. American Century Companies Inc. raised its holdings in Howmet Aerospace by 51.8% in the 2nd quarter. American Century Companies Inc. now owns 3,635,999 shares of the company’s stock valued at $676,769,000 after buying an additional 1,240,071 shares during the period. Nordea Investment Management AB increased its holdings in Howmet Aerospace by 1,340.2% in the 2nd quarter. Nordea Investment Management AB now owns 880,155 shares of the company’s stock valued at $163,137,000 after purchasing an additional 819,040 shares during the last quarter. Finally, Invesco Ltd. boosted its holdings in Howmet Aerospace by 12.2% during the 3rd quarter. Invesco Ltd. now owns 7,367,438 shares of the company’s stock valued at $1,445,712,000 after acquiring an additional 801,093 shares during the period. Institutional investors and hedge funds own 90.46% of the company’s stock.

Howmet Aerospace Stock Performance

The stock has a market capitalization of $98.27 billion, a PE ratio of 68.65, a P/E/G ratio of 2.19 and a beta of 1.26. The firm’s 50 day moving average is $211.33 and its two-hundred day moving average is $197.50. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.14 and a current ratio of 2.35.

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.