Bank of America Raises Howmet Aerospace (NYSE:HWM) Price Target to $300.00

Howmet Aerospace (NYSE:HWM) had its price objective raised by equities research analysts at Bank of America from $250.00 to $300.00 in a research report issued on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Bank of America‘s price objective suggests a potential upside of 16.21% from the stock’s current price.

HWM has been the topic of a number of other research reports. BTIG Research boosted their price objective on Howmet Aerospace from $240.00 to $275.00 and gave the stock a “buy” rating in a research report on Wednesday. TD Cowen reissued a “buy” rating on shares of Howmet Aerospace in a research note on Friday, October 31st. The Goldman Sachs Group set a $228.00 price objective on Howmet Aerospace in a research note on Tuesday. Citigroup lifted their target price on shares of Howmet Aerospace from $255.00 to $283.00 and gave the stock a “buy” rating in a research report on Tuesday. Finally, Morgan Stanley restated an “overweight” rating and issued a $280.00 price target on shares of Howmet Aerospace in a research report on Friday, February 13th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $252.95.

Howmet Aerospace Stock Up 2.7%

HWM stock opened at $258.16 on Friday. The firm has a 50-day moving average price of $218.31 and a 200-day moving average price of $200.40. Howmet Aerospace has a 12 month low of $105.04 and a 12 month high of $258.83. The company has a current ratio of 2.13, a quick ratio of 1.09 and a debt-to-equity ratio of 0.53. The stock has a market capitalization of $103.51 billion, a P/E ratio of 69.59, a price-to-earnings-growth ratio of 2.60 and a beta of 1.26.

Howmet Aerospace (NYSE:HWM) last released its quarterly earnings data on Thursday, February 12th. The company reported $1.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.97 by $0.08. Howmet Aerospace had a net margin of 18.27% and a return on equity of 30.41%. The business had revenue of $2.17 billion during the quarter, compared to analysts’ expectations of $2.12 billion. During the same period in the prior year, the company earned $0.77 EPS. The firm’s quarterly revenue was up 14.6% compared to the same quarter last year. 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, equities research analysts anticipate that Howmet Aerospace will post 3.27 EPS for the current fiscal year.

Insider Activity at Howmet Aerospace

In other news, EVP Neil Edward Marchuk sold 45,150 shares of the stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $251.70, for a total transaction of $11,364,255.00. Following the completion of the sale, the executive vice president directly owned 107,008 shares in the company, valued at $26,933,913.60. This represents a 29.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 1.04% of the company’s stock.

Institutional Trading of Howmet Aerospace

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

Howmet Aerospace Company Profile

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.