Howmet Aerospace (NYSE:HWM) Shares Up 1.2% – What’s Next?

Howmet Aerospace Inc. (NYSE:HWM)’s stock price shot up 1.2% on Tuesday. The stock traded as high as $232.30 and last traded at $230.99. 1,841,806 shares were traded during trading, a decline of 32% from the average session volume of 2,728,234 shares. The stock had previously closed at $228.32.

Howmet Aerospace News Roundup

Here are the key news stories impacting Howmet Aerospace this week:

• Positive Sentiment: Growth profile remains attractive: Zacks identified Howmet’s strong growth attributes as a reason the company could generate exceptional returns. The view is supported by the company’s recent 24.1% year-over-year revenue growth and earnings that exceeded analyst expectations. Is Howmet a Solid Growth Stock?
• Positive Sentiment: Potential upside catalyst: Citi added HWM to its 90-day upside catalyst watch, which could encourage investor interest and provide support for the stock in the near term. Howmet Added to Citi’s 90-Day Upside Catalyst Watch
• Positive Sentiment: Free-cash-flow momentum: Coverage highlighted Howmet’s expanding free-cash-flow margin, a potentially favorable signal for financial flexibility, debt reduction, shareholder returns and future investment. What Expanding Free Cash Flow Margin Means for Shareholders
• Neutral Sentiment: Third-quarter results date set: Howmet will release its third-quarter 2026 results before the market opens on October 29, followed by a webcast. The announcement itself has limited immediate financial impact, but results and guidance could be an important upcoming trading catalyst. Howmet to Announce Third-Quarter 2026 Results
• Neutral Sentiment: Broker sentiment is broadly constructive but not uniformly bullish: Recent coverage discusses analyst views and broker recommendations, with investors weighing Howmet’s growth outlook against its elevated valuation. Howmet Is Considered a Good Investment by Brokers
• Negative Sentiment: Wells Fargo lowered its price target: The firm cut its target from $315 to $255 and maintained an “equal weight” rating, signaling reduced near-term upside expectations. UBS also assigned HWM a “hold” rating, reinforcing the cautious tone among some analysts. Howmet Gets a Hold from UBS

Wall Street Analysts Forecast Growth

Several research firms recently commented on HWM. JPMorgan Chase & Co. raised their price target on shares of Howmet Aerospace from $310.00 to $350.00 and gave the stock an “overweight” rating in a report on Monday, August 10th. BTIG Research lifted their target price on shares of Howmet Aerospace from $300.00 to $340.00 and gave the company a “buy” rating in a research note on Monday, August 10th. Morgan Stanley restated an “overweight” rating and set a $335.00 price target on shares of Howmet Aerospace in a report on Monday, August 10th. Citigroup reaffirmed a “buy” rating on shares of Howmet Aerospace in a research note on Wednesday. Finally, Jefferies Financial Group reiterated a “buy” rating and set a $370.00 price objective on shares of Howmet Aerospace in a report on Sunday, August 9th. Two analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $314.84.

Howmet Aerospace Price Performance

The company has a quick ratio of 0.87, a current ratio of 1.82 and a debt-to-equity ratio of 0.71. The company has a market capitalization of $91.72 billion, a P/E ratio of 49.38, a P/E/G ratio of 2.08 and a beta of 1.19. The company’s 50-day simple moving average is $259.97 and its 200 day simple moving average is $258.02.

Howmet Aerospace (NYSE:HWM) last released its quarterly earnings results on Thursday, August 6th. The company reported $1.33 earnings per share for the quarter, beating 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 quarter last year, the firm earned $0.91 EPS. Howmet Aerospace’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. As a group, sell-side analysts expect that Howmet Aerospace Inc. will post 5.33 earnings per share for the current fiscal year.

Howmet Aerospace Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, August 25th. Investors of record on Friday, August 7th were paid a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend was Friday, August 7th. This is a positive change from Howmet Aerospace’s previous quarterly dividend of $0.12. Howmet Aerospace’s dividend payout ratio (DPR) is 12.07%.

Institutional Trading of Howmet Aerospace

Several large investors have recently modified their holdings of HWM. QRG Capital Management Inc. raised its holdings in Howmet Aerospace by 43.2% in the 2nd quarter. QRG Capital Management Inc. now owns 85,876 shares of the company’s stock worth $23,089,000 after acquiring an additional 25,920 shares during the period. Envestnet Portfolio Solutions Inc. grew its position in shares of Howmet Aerospace by 0.9% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 16,574 shares of the company’s stock valued at $4,456,000 after purchasing an additional 149 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in shares of Howmet Aerospace by 2.5% in the second quarter. Envestnet Asset Management Inc. now owns 669,540 shares of the company’s stock worth $180,011,000 after purchasing an additional 16,498 shares during the period. Andra AP fonden lifted its position in shares of Howmet Aerospace by 12.7% during the 2nd quarter. Andra AP fonden now owns 61,272 shares of the company’s stock worth $16,474,000 after purchasing an additional 6,900 shares during the last quarter. Finally, State Street Corp lifted its position in shares of Howmet Aerospace by 3.3% during the 2nd quarter. State Street Corp now owns 18,933,928 shares of the company’s stock worth $5,090,576,000 after purchasing an additional 612,866 shares during the last quarter. 90.46% of the stock is owned by institutional investors.

Howmet Aerospace Company Profile

Howmet Aerospace Inc (NYSE:HWM) is an aerospace and industrial products company that develops and manufactures advanced engineered components and systems. Its products are used primarily in commercial and defense aircraft, aircraft engines, and other transportation and industrial applications.

The company’s principal businesses include engine products, fastening systems, engineered structures, and forged wheels. Its offerings include forged and cast engine components, airfoils, titanium and nickel-based parts, aerospace structural components, specialized fasteners, and forged aluminum wheels for commercial transportation.