Howmet Aerospace (NYSE:HWM) Price Target Raised to $310.00 at JPMorgan Chase & Co.

Howmet Aerospace (NYSE:HWM) had its target price increased by investment analysts at JPMorgan Chase & Co. from $265.00 to $310.00 in a research report issued on Monday,Benzinga reports. The firm presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target indicates a potential upside of 13.92% from the stock’s current price.

Several other brokerages have also recently weighed in on HWM. Wall Street Zen upgraded Howmet Aerospace from a “hold” rating to a “buy” rating in a report on Sunday, January 18th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $320.00 price objective on shares of Howmet Aerospace in a report on Friday. Susquehanna raised their price objective on Howmet Aerospace from $300.00 to $330.00 and gave the company a “positive” rating in a report on Friday. BNP Paribas Exane restated an “outperform” rating and issued a $340.00 price objective (up from $265.00) on shares of Howmet Aerospace in a report on Friday. Finally, KeyCorp assumed coverage on Howmet Aerospace in a report on Wednesday, March 25th. They set a “sector weight” rating for the company. Eighteen investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, Howmet Aerospace has an average rating of “Moderate Buy” and an average price target of $283.84.

Howmet Aerospace Stock Up 0.6%

Shares of NYSE HWM traded up $1.56 during mid-day trading on Monday, hitting $272.12. The company had a trading volume of 1,529,628 shares, compared to its average volume of 2,554,224. The company has a market capitalization of $109.04 billion, a PE ratio of 63.12, a price-to-earnings-growth ratio of 2.28 and a beta of 1.19. The firm has a 50-day simple moving average of $245.89 and a two-hundred day simple moving average of $223.56. The company has a current ratio of 2.44, a quick ratio of 1.59 and a debt-to-equity ratio of 0.73. Howmet Aerospace has a one year low of $155.22 and a one year high of $280.74.

Howmet Aerospace (NYSE:HWM) last announced its quarterly earnings data on Thursday, May 7th. The company reported $1.22 earnings per share for the quarter, beating the consensus estimate of $1.11 by $0.11. The company had revenue of $2.31 billion during the quarter, compared to analysts’ expectations of $2.24 billion. Howmet Aerospace had a return on equity of 29.27% and a net margin of 20.23%.Howmet Aerospace’s revenue for the quarter was up 19.1% compared to the same quarter last year. During the same quarter last 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. On average, equities analysts expect that Howmet Aerospace will post 5 EPS for the current year.

Insider Activity at Howmet Aerospace

In other Howmet Aerospace news, VP Barbara Lou Shultz sold 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 26th. The shares were 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 directly owned 23,874 shares in the company, valued at $6,207,240. This trade represents a 4.02% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Neil Edward Marchuk sold 45,150 shares of Howmet Aerospace stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $251.70, for a total transaction of $11,364,255.00. Following the completion of the sale, the executive vice president owned 107,008 shares of the company’s stock, valued at approximately $26,933,913.60. The trade was a 29.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.85% of the company’s stock.

Institutional Investors Weigh In On Howmet Aerospace

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Acumen Wealth Advisors LLC bought a new stake in shares of Howmet Aerospace during the fourth quarter worth $25,000. Sound Income Strategies LLC grew its stake in shares of Howmet Aerospace by 66.7% in the fourth quarter. Sound Income Strategies LLC now owns 125 shares of the company’s stock worth $28,000 after purchasing an additional 50 shares during the last quarter. Newbridge Financial Services Group Inc. grew its stake in shares of Howmet Aerospace by 119.7% in the second quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock worth $25,000 after purchasing an additional 73 shares during the last quarter. Vermillion & White Wealth Management Group LLC grew its stake in shares of Howmet Aerospace by 65.1% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 137 shares of the company’s stock worth $28,000 after purchasing an additional 54 shares during the last quarter. Finally, Mcguire Capital Advisors Inc. bought a new stake in shares of Howmet Aerospace in the fourth quarter worth $28,000. 90.46% of the stock is currently owned by institutional investors and hedge funds.

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.