BNP Paribas Exane Has Lowered Expectations for Howmet Aerospace (NYSE:HWM) Stock Price

Key Points

• BNP Paribas Exane lowered its Howmet Aerospace price target from $310 to $250 while maintaining an “outperform” rating, implying approximately 24% upside from the prior close.
• Other analysts also reduced targets, but sentiment remains broadly positive: Howmet has a “Moderate Buy” consensus rating and a consensus target of $304.33.
• Despite shares falling 2.4% to $200.92, the company reported strong quarterly results, with revenue up 29% year over year to $2.70 billion and EPS of $1.46 exceeding the $1.37 consensus estimate.

Howmet Aerospace (NYSE:HWM - Get Free Report) had its target price lowered by analysts at BNP Paribas Exane from $310.00 to $250.00 in a report released on Friday, Benzinga reports. The brokerage presently has an "outperform" rating on the stock. BNP Paribas Exane's price objective would suggest a potential upside of 24.43% from the stock's previous close.

Several other research firms have also recently issued reports on HWM. Susquehanna lowered their price objective on Howmet Aerospace from $340.00 to $275.00 and set a "positive" rating for the company in a research report on Friday. Weiss Ratings upgraded Howmet Aerospace from a "buy (b-)" rating to a "buy (b)" rating in a research note on Wednesday, August 19th. Citigroup restated a "buy" rating on shares of Howmet Aerospace in a research note on Tuesday. Wells Fargo & Company cut their price objective on shares of Howmet Aerospace from $315.00 to $255.00 and set an "equal weight" rating on the stock in a report on Wednesday, September 30th. Finally, Wall Street Zen downgraded shares of Howmet Aerospace from a "strong-buy" rating to a "buy" rating in a research report on Sunday, July 5th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $304.33.

Howmet Aerospace Stock Down 2.4%

HWM stock traded down $5.02 during mid-day trading on Friday, reaching $200.92. The company had a trading volume of 1,059,399 shares, compared to its average volume of 2,818,497. The firm has a fifty day simple moving average of $230.48 and a 200 day simple moving average of $248.59. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.87 and a current ratio of 1.82. Howmet Aerospace has a fifty-two week low of $183.52 and a fifty-two week high of $310.00. The company has a market capitalization of $80.39 billion, a price-to-earnings ratio of 43.25, a price-to-earnings-growth ratio of 1.75 and a beta of 1.21.

Howmet Aerospace (NYSE:HWM - Get Free Report) last issued its quarterly earnings results on Thursday, October 29th. The company reported $1.46 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.37 by $0.09. Howmet Aerospace had a net margin of 20.52% and a return on equity of 33.91%. The company had revenue of $2.70 billion during the quarter, compared to the consensus estimate of $2.59 billion. During the same quarter in the previous year, the firm earned $0.95 earnings per share. The firm's quarterly revenue was up 29.4% on a year-over-year basis. Analysts forecast that Howmet Aerospace will post 5.34 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Howmet Aerospace

Institutional investors have recently added to or reduced their stakes in the business. Premier Path Wealth Partners LLC raised its stake in shares of Howmet Aerospace by 1.0% in the 2nd quarter. Premier Path Wealth Partners LLC now owns 3,812 shares of the company's stock valued at $1,025,000 after acquiring an additional 37 shares during the period. Bartlett & CO. Wealth Management LLC boosted its holdings in Howmet Aerospace by 55.1% in the second 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 last quarter. Physician Wealth Advisors Inc. grew its stake in Howmet Aerospace by 2.5% during the 1st quarter. Physician Wealth Advisors Inc. now owns 1,730 shares of the company's stock valued at $399,000 after purchasing an additional 42 shares in the last quarter. Roman Butler Fullerton & Co. grew its stake in Howmet Aerospace by 0.4% during the 1st quarter. Roman Butler Fullerton & Co. now owns 10,537 shares of the company's stock valued at $2,634,000 after purchasing an additional 42 shares in the last quarter. Finally, Raleigh Capital Management Inc. increased its holdings in Howmet Aerospace by 4.3% during the 2nd quarter. Raleigh Capital Management Inc. now owns 1,094 shares of the company's stock worth $294,000 after purchasing an additional 45 shares during the last quarter. Hedge funds and other institutional investors own 90.46% of the company's stock.

Key Stories Impacting Howmet Aerospace

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

• Positive Sentiment: Results exceeded expectations: Third-quarter revenue rose 29% year over year to $2.70 billion, while adjusted EPS increased 54% to $1.46, topping the $1.37 consensus estimate. Operating and EBITDA margins also expanded, demonstrating strong operating leverage. Howmet Aerospace Reports Third Quarter 2026 Results
• Positive Sentiment: Strong aerospace demand is extending the growth outlook: Gas turbine revenue jumped 45% in the quarter amid market-share gains and rising demand, while commercial aerospace revenue increased 32%. Management also outlined additional capacity investments. HWM Q3 Earnings Call Highlights a Longer Gas Turbine Runway
• Positive Sentiment: Guidance and capital returns improved: Howmet raised its 2026 outlook and projected approximately $11.5 billion of 2027 revenue, representing roughly 12% growth. The board added $5 billion to the repurchase authorization; the company also repurchased $500 million of stock in the quarter and raised its dividend 17%. Why Howmet Stock Is Flying Higher Today
• Neutral Sentiment: Valuation remains a consideration: HWM trades at about 43.5 times earnings and remains below its 50-day and 200-day moving averages, suggesting investors may be demanding continued execution after its previous run-up.
• Negative Sentiment: Price-target reduction may be weighing on sentiment: Susquehanna cut its target from $340 to $275, although it maintained a positive rating. The lower target highlights concerns that much of Howmet’s strong aerospace growth may already be reflected in the share price. Susquehanna Stock Recommendations

About Howmet Aerospace

Howmet Aerospace Inc NYSE: HWM is a global manufacturer of advanced engineered products and materials primarily serving the aerospace, defense, commercial transportation and industrial markets. The company develops components designed to operate in demanding environments where strength, durability and weight reduction are important.

Howmet's product portfolio includes aircraft engine components, airframe structures, titanium and nickel-based forgings, fastening systems and wheels for commercial vehicles.

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