Howmet Aerospace (NYSE:HWM) Raised to “Strong-Buy” at Guggenheim

Howmet Aerospace (NYSE:HWM) was upgraded by equities researchers at Guggenheim to a “strong-buy” rating in a note issued to investors on Monday, Zacks reports.

Several other research analysts have also weighed in on the stock. Susquehanna boosted their price objective on shares of Howmet Aerospace from $330.00 to $340.00 and gave the stock a “positive” rating in a research note on Friday, August 7th. TD Cowen raised their target price on shares of Howmet Aerospace from $300.00 to $320.00 and gave the company a “buy” rating in a research note on Monday, July 13th. Citigroup reiterated a “buy” rating on shares of Howmet Aerospace in a report on Tuesday, September 1st. Royal Bank Of Canada boosted their price target on Howmet Aerospace from $325.00 to $350.00 and gave the stock an “outperform” rating in a research report on Friday, August 7th. Finally, Zacks Research upgraded Howmet Aerospace from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 12th. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, Howmet Aerospace currently has a consensus rating of “Buy” and an average target price of $318.00.

Howmet Aerospace Stock Performance

Shares of NYSE HWM opened at $227.69 on Monday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.87 and a current ratio of 1.82. The stock has a 50 day moving average price of $269.21 and a 200 day moving average price of $259.90. The stock has a market capitalization of $91.10 billion, a PE ratio of 49.07, a price-to-earnings-growth ratio of 2.02 and a beta of 1.19. Howmet Aerospace has a 52 week low of $182.78 and a 52 week high of $310.00.

Howmet Aerospace (NYSE:HWM) last issued its earnings results on Thursday, August 6th. The company reported $1.33 earnings per share for the quarter, topping analysts’ consensus estimates of $1.24 by $0.09. Howmet Aerospace had a net margin of 20.52% and a return on equity of 33.91%. The business had revenue of $2.55 billion for the quarter, compared to the consensus estimate of $2.43 billion. During the same period in the previous year, the company earned $0.91 earnings per share. The firm’s revenue for the quarter was up 24.1% on a year-over-year basis. Howmet Aerospace has set its Q3 2026 guidance at 1.340-1.360 EPS and its FY 2026 guidance at 5.230-5.310 EPS. Analysts predict that Howmet Aerospace will post 5.33 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. BlackRock Inc. bought a new position in shares of Howmet Aerospace during the second quarter worth approximately $12,318,939,000. State Street Corp grew its holdings in Howmet Aerospace by 2.2% in 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. Geode Capital Management LLC grew its holdings in Howmet Aerospace by 2.0% in the 4th quarter. Geode Capital Management LLC now owns 11,307,538 shares of the company’s stock valued at $2,316,277,000 after buying an additional 221,775 shares in the last quarter. Bank of America Corp DE increased its position in Howmet Aerospace by 1.7% during the 1st quarter. Bank of America Corp DE now owns 10,728,447 shares of the company’s stock worth $2,472,478,000 after buying an additional 177,533 shares during the period. Finally, Norges Bank acquired a new stake in shares of Howmet Aerospace during the fourth quarter worth $1,793,698,000. 90.46% of the stock is owned by institutional investors.

Howmet Aerospace Company Profile

Howmet Aerospace Inc (NYSE:HWM) is an aerospace and industrial manufacturer that develops and produces engineered components for commercial and defense aircraft, as well as products for transportation, energy and other industrial markets. Its offerings include aircraft engine components, airframe structures, fastening systems and forged aluminum wheels for commercial transportation.

The company’s aerospace products include turbine airfoils, engine casings, structural components and other specialized parts designed to support aircraft performance and efficiency.