Stock analysts at Wells Fargo & Company initiated coverage on shares of Howmet Aerospace (NYSE:HWM – Get Free Report) in a research report issued to clients and investors on Wednesday, MarketBeat.com reports. The brokerage set an “equal weight” rating and a $240.00 price target on the stock. Wells Fargo & Company‘s price objective suggests a potential upside of 3.07% from the company’s current price.
Several other research firms have also issued reports on HWM. Susquehanna upped their price objective on Howmet Aerospace from $255.00 to $290.00 and gave the company a “positive” rating in a research note on Friday, February 13th. KeyCorp started coverage on Howmet Aerospace in a research note on Wednesday, March 25th. They set a “sector weight” rating for the company. The Goldman Sachs Group set a $228.00 target price on Howmet Aerospace in a report on Tuesday, February 17th. Wall Street Zen upgraded Howmet Aerospace from a “hold” rating to a “buy” rating in a research note on Sunday, January 18th. Finally, Royal Bank Of Canada raised their price target on Howmet Aerospace from $275.00 to $300.00 and gave the company an “outperform” rating in a report on Wednesday, March 11th. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $260.30.
Read Our Latest Stock Report on Howmet Aerospace
Howmet Aerospace Trading Down 2.6%
Howmet Aerospace (NYSE:HWM – Get Free Report) 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 firm had revenue of $2.17 billion during the quarter, compared to analysts’ expectations of $2.12 billion. During the same quarter last year, the company posted $0.77 earnings per share. The company’s revenue for the quarter 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. On average, equities research analysts anticipate that Howmet Aerospace will post 3.27 EPS for the current fiscal year.
Insider Buying and Selling at Howmet Aerospace
In related news, EVP Neil Edward Marchuk sold 45,150 shares of the company’s stock in a transaction dated 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 transaction, the executive vice president directly owned 107,008 shares in the company, valued at approximately $26,933,913.60. This represents a 29.67% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Barbara Lou Shultz sold 1,000 shares of Howmet Aerospace stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $260.00, for a total transaction of $260,000.00. Following the completion of the sale, the vice president owned 23,874 shares of the company’s stock, valued at $6,207,240. This trade represents a 4.02% decrease in their position. The SEC filing for this sale provides additional information. 1.04% of the stock is owned by company insiders.
Institutional Inflows and Outflows
Several hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. raised its position in shares of Howmet Aerospace by 1.4% in the third quarter. Vanguard Group Inc. now owns 49,139,989 shares of the company’s stock valued at $9,642,740,000 after buying an additional 664,595 shares in the last quarter. State Street Corp grew its position in Howmet Aerospace by 2.2% during the fourth quarter. State Street Corp now owns 18,365,429 shares of the company’s stock worth $3,765,280,000 after buying an additional 400,767 shares in the last quarter. Price T Rowe Associates Inc. MD increased its stake in 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 worth $3,409,936,000 after acquiring an additional 3,531,700 shares during the period. Geode Capital Management LLC increased its stake in 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 period. Finally, Bank of America Corp DE raised its holdings in Howmet Aerospace by 2.4% in the 3rd quarter. Bank of America Corp DE now owns 10,877,771 shares of the company’s stock valued at $2,134,545,000 after acquiring an additional 255,419 shares in the last quarter. 90.46% of the stock is owned by institutional investors.
Trending Headlines about Howmet Aerospace
Here are the key news stories impacting Howmet Aerospace this week:
- Positive Sentiment: Sector tailwind — Space and aerospace stocks rallied on renewed SpaceX IPO buzz, providing upside pressure for aerospace suppliers like Howmet. This helps explain some intraday support even as HWM drifts lower. Space stocks jump as SpaceX IPO buzz sparks sector-wide rally
- Neutral Sentiment: New coverage from Wells Fargo — Wells Fargo initiated coverage / set an equal-weight (hold) recommendation with a $240 price target, a signal that analysts see limited near-term upside from current levels. That rating is neutral-to-cautious for HWM. Wells Fargo initiates coverage of Howmet Aerospace with equal-weight
- Negative Sentiment: Price-target trim from Citigroup — Citigroup lowered its target from $283 to $271 while keeping a buy rating; the cut reduces upside expectations and likely contributed to selling pressure. Howmet price target lowered by Citigroup
- Negative Sentiment: Near-term investor reaction — Market commentary flagged that HWM pulled back even as the broader market gained, suggesting profit-taking or position rebalancing after recent gains and rich valuation metrics (elevated P/E). Howmet (HWM) Stock Sinks As Market Gains: Here’s Why
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.
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