Royal Bank Of Canada Forecasts Strong Price Appreciation for Howmet Aerospace (NYSE:HWM) Stock

Howmet Aerospace (NYSE:HWM) had its price objective raised by investment analysts at Royal Bank Of Canada from $275.00 to $300.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage presently has an “outperform” rating on the stock. Royal Bank Of Canada’s target price would suggest a potential upside of 19.37% from the company’s current price.

A number of other brokerages have also issued reports on HWM. BNP Paribas Exane began coverage on shares of Howmet Aerospace in a research note on Tuesday, November 18th. They set an “outperform” rating and a $240.00 price target on the stock. The Goldman Sachs Group set a $228.00 price objective on shares of Howmet Aerospace in a research note on Tuesday, February 17th. Bank of America boosted their price objective on shares of Howmet Aerospace from $250.00 to $300.00 and gave the company a “buy” rating in a report on Friday, February 20th. Sanford C. Bernstein restated an “outperform” rating and issued a $280.00 target price on shares of Howmet Aerospace in a research note on Tuesday, February 17th. Finally, Citigroup lifted their price target on Howmet Aerospace from $255.00 to $283.00 and gave the stock a “buy” rating in a research report on Tuesday, February 17th. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $254.26.

Howmet Aerospace Stock Down 1.0%

Howmet Aerospace stock traded down $2.59 during midday trading on Wednesday, reaching $251.33. The company’s stock had a trading volume of 164,478 shares, compared to its average volume of 2,689,175. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.13 and a quick ratio of 1.09. The stock has a market capitalization of $100.77 billion, a P/E ratio of 67.76, a PEG ratio of 2.36 and a beta of 1.21. The stock’s 50-day simple moving average is $231.06 and its 200-day simple moving average is $207.48. Howmet Aerospace has a 52-week low of $105.04 and a 52-week high of $267.31.

Howmet Aerospace (NYSE:HWM) last issued its quarterly earnings results on Thursday, February 12th. The company reported $1.05 earnings per share for the quarter, topping analysts’ consensus estimates of $0.97 by $0.08. Howmet Aerospace had a return on equity of 30.41% and a net margin of 18.27%.The business had revenue of $2.17 billion for the quarter, compared to analyst estimates of $2.12 billion. During the same quarter in the previous year, the firm earned $0.77 earnings per share. The company’s revenue 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. On average, sell-side 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 stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $251.70, for a total transaction of $11,364,255.00. Following the sale, the executive vice president directly owned 107,008 shares of the company’s stock, valued at approximately $26,933,913.60. This trade represents a 29.67% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, 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 shares were sold at an average price of $260.00, for a total value of $260,000.00. Following the transaction, the vice president owned 23,874 shares of the company’s stock, valued at $6,207,240. The trade was a 4.02% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 1.12% of the company’s stock.

Institutional Trading of Howmet Aerospace

A number of hedge funds have recently modified their holdings of the stock. Brighton Jones LLC lifted its holdings in Howmet Aerospace by 5.4% in the fourth quarter. Brighton Jones LLC now owns 2,548 shares of the company’s stock valued at $279,000 after acquiring an additional 130 shares during the period. Acadian Asset Management LLC acquired a new stake in shares of Howmet Aerospace during the 1st quarter worth approximately $399,000. Sivia Capital Partners LLC purchased a new position in shares of Howmet Aerospace during the 2nd quarter valued at approximately $216,000. Atlantic Union Bankshares Corp purchased a new position in shares of Howmet Aerospace during the 2nd quarter valued at approximately $32,000. Finally, Penserra Capital Management LLC lifted its stake in shares of Howmet Aerospace by 450.0% in the 2nd quarter. Penserra Capital Management LLC now owns 198 shares of the company’s stock valued at $36,000 after purchasing an additional 162 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.