Citigroup Lowers Howmet Aerospace (NYSE:HWM) Price Target to $271.00

Howmet Aerospace (NYSE:HWM) had its target price cut by equities researchers at Citigroup from $283.00 to $271.00 in a note issued to investors on Thursday,Benzinga reports. The firm currently has a “buy” rating on the stock. Citigroup’s price objective would suggest a potential upside of 16.38% from the stock’s previous close.

Several other equities research analysts also recently issued reports on the company. Bank of America increased their target price on Howmet Aerospace from $250.00 to $300.00 and gave the stock a “buy” rating in a research report on Friday, February 20th. Deutsche Bank Aktiengesellschaft set a $278.00 price objective on Howmet Aerospace and gave the stock a “buy” rating in a report on Friday, February 13th. Susquehanna raised their target price on Howmet Aerospace from $255.00 to $290.00 and gave the stock a “positive” rating in a research note on Friday, February 13th. Wells Fargo & Company assumed coverage on Howmet Aerospace in a report on Wednesday. They set an “equal weight” rating and a $240.00 target price for the company. Finally, Sanford C. Bernstein reiterated an “outperform” rating and set a $280.00 price target on shares of Howmet Aerospace in a research report on Tuesday, February 17th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, Howmet Aerospace has a consensus rating of “Moderate Buy” and a consensus target price of $260.30.

Howmet Aerospace Price Performance

HWM opened at $232.86 on Thursday. The company has a market capitalization of $93.36 billion, a price-to-earnings ratio of 62.77, a PEG ratio of 2.15 and a beta of 1.24. The company has a quick ratio of 1.09, a current ratio of 2.13 and a debt-to-equity ratio of 0.53. The firm has a 50-day moving average price of $238.06 and a 200-day moving average price of $214.29. Howmet Aerospace has a twelve month low of $105.04 and a twelve month high of $267.31.

Howmet Aerospace (NYSE:HWM) last announced its quarterly earnings results on Thursday, February 12th. The company reported $1.05 EPS for the quarter, beating 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 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 company posted $0.77 EPS. Howmet Aerospace’s 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. Equities analysts expect that Howmet Aerospace will post 3.27 EPS for the current year.

Insider Buying and Selling at Howmet Aerospace

In other Howmet Aerospace news, EVP Neil Edward Marchuk sold 45,150 shares of the company’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $251.70, for a total value of $11,364,255.00. Following the transaction, 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Barbara Lou Shultz sold 1,000 shares of the firm’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 in the company, valued at approximately $6,207,240. The trade was a 4.02% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.04% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. grew its stake in Howmet Aerospace by 1.4% in the 3rd quarter. Vanguard Group Inc. now owns 49,139,989 shares of the company’s stock worth $9,642,740,000 after buying an additional 664,595 shares in the last quarter. State Street Corp raised its position in shares of Howmet Aerospace by 2.2% during the 4th quarter. State Street Corp now owns 18,365,429 shares of the company’s stock valued at $3,765,280,000 after buying an additional 400,767 shares in the last quarter. Price T Rowe Associates Inc. MD raised its position in shares of Howmet Aerospace by 27.0% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 16,632,206 shares of the company’s stock valued at $3,409,936,000 after buying an additional 3,531,700 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Howmet Aerospace by 2.0% during the 4th quarter. Geode Capital Management LLC now owns 11,307,538 shares of the company’s stock worth $2,316,277,000 after acquiring an additional 221,775 shares during the last quarter. Finally, Bank of America Corp DE lifted its holdings in shares of Howmet Aerospace by 2.4% during the 3rd quarter. Bank of America Corp DE now owns 10,877,771 shares of the company’s stock worth $2,134,545,000 after acquiring an additional 255,419 shares during 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.