Howmet Aerospace (NYSE:HWM) Reaches New 1-Year High – Here’s Why

Shares of Howmet Aerospace Inc. (NYSE:HWM) reached a new 52-week high on Friday . The stock traded as high as $293.00 and last traded at $291.3330, with a volume of 174393 shares. The stock had previously closed at $287.09.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on HWM. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $320.00 price objective on shares of Howmet Aerospace in a research report on Friday, May 8th. JPMorgan Chase & Co. raised their target price on shares of Howmet Aerospace from $265.00 to $310.00 and gave the company an “overweight” rating in a research note on Monday, May 11th. BNP Paribas Exane reiterated an “outperform” rating and issued a $340.00 price target (up from $265.00) on shares of Howmet Aerospace in a report on Friday, May 8th. Jefferies Financial Group boosted their price target on shares of Howmet Aerospace from $320.00 to $340.00 and gave the stock a “buy” rating in a research note on Thursday, July 9th. Finally, Wall Street Zen downgraded shares of Howmet Aerospace from a “strong-buy” rating to a “buy” rating in a report on Sunday, July 5th. Eighteen equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $293.21.

Howmet Aerospace Price Performance

The firm’s 50-day moving average is $267.50 and its two-hundred day moving average is $249.26. The company has a market cap of $115.67 billion, a P/E ratio of 67.07, a PEG ratio of 2.27 and a beta of 1.19. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.44 and a quick ratio of 1.59.

Howmet Aerospace (NYSE:HWM) last announced its earnings results on Thursday, May 7th. The company reported $1.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.11 by $0.11. The firm had revenue of $2.31 billion for the quarter, compared to analysts’ expectations of $2.24 billion. Howmet Aerospace had a net margin of 20.23% and a return on equity of 29.27%. The business’s revenue was up 19.1% compared to the same quarter last year. During the same period in the prior year, the company 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. Analysts anticipate that Howmet Aerospace Inc. will post 5.05 earnings per share for the current year.

Insider Activity

In other news, EVP Neil Edward Marchuk sold 41,932 shares of the firm’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 completion of the sale, the executive vice president directly owned 65,105 shares of the company’s stock, valued at $17,545,797.50. This trade represents a 39.18% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.85% of the stock is owned by insiders.

Institutional Trading of Howmet Aerospace

Several hedge funds and other institutional investors have recently bought and sold shares of HWM. Bartlett & CO. Wealth Management LLC lifted its position in Howmet Aerospace by 55.1% during the 2nd quarter. Bartlett & CO. Wealth Management LLC now owns 107 shares of the company’s stock valued at $29,000 after purchasing an additional 38 shares during the period. UMB Bank n.a. lifted its stake in shares of Howmet Aerospace by 2.6% in the 4th quarter. UMB Bank n.a. now owns 1,620 shares of the company’s stock valued at $332,000 after purchasing an additional 41 shares during the period. Tudor Financial Inc. boosted its position in shares of Howmet Aerospace by 2.6% in the 4th quarter. Tudor Financial Inc. now owns 1,650 shares of the company’s stock worth $338,000 after purchasing an additional 42 shares during the last quarter. Parkside Financial Bank & Trust boosted its position in shares of Howmet Aerospace by 4.1% in the 4th quarter. Parkside Financial Bank & Trust now owns 1,077 shares of the company’s stock worth $221,000 after purchasing an additional 42 shares during the last quarter. Finally, Physician Wealth Advisors Inc. grew its stake in shares of Howmet Aerospace by 2.5% during the first quarter. Physician Wealth Advisors Inc. now owns 1,730 shares of the company’s stock worth $399,000 after purchasing an additional 42 shares during the period. Hedge funds and other institutional investors own 90.46% of the company’s stock.

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.