Howmet Aerospace Inc. (NYSE:HWM) Stock Has Average Price Target of $312.67

Key Points

• Analysts remain broadly bullish: Howmet Aerospace has a “Moderate Buy” consensus from 23 brokerages, with an average 12-month price target of $312.67 versus the reported share price of $217.13.
• Strong operating performance: The company exceeded quarterly EPS and revenue expectations, reporting $1.33 EPS and $2.55 billion in revenue, with revenue up 24.1% year over year. Management guided for full-year 2026 EPS of $5.23–$5.31.
• Institutional support but valuation concerns: Institutional investors and hedge funds own 90.46% of shares, while Howmet declared a $0.14 quarterly dividend. However, the stock’s elevated valuation and recent price-target reductions suggest limited near-term upside may be a concern.

Shares of Howmet Aerospace Inc. (NYSE:HWM - Get Free Report) have been assigned a consensus recommendation of "Moderate Buy" from the twenty-three brokerages that are covering the firm, MarketBeat reports. Four analysts have rated the stock with a hold recommendation, eighteen have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $312.67.

A number of research firms have recently issued reports on HWM. Royal Bank Of Canada raised their price objective on Howmet Aerospace from $325.00 to $350.00 and gave the company an "outperform" rating in a research report on Friday, August 7th. Susquehanna lifted their target price on Howmet Aerospace from $330.00 to $340.00 and gave the stock a "positive" rating in a research note on Friday, August 7th. Citigroup reissued a "buy" rating on shares of Howmet Aerospace in a report on Wednesday, September 30th. Sanford C. Bernstein restated an "outperform" rating and issued a $298.00 price target (down from $328.00) on shares of Howmet Aerospace in a research note on Wednesday, October 7th. Finally, Guggenheim began coverage on Howmet Aerospace in a research note on Monday, September 14th. They issued a "buy" rating and a $350.00 price target on the stock.

Hedge Funds Weigh In On Howmet Aerospace

Institutional investors and hedge funds have recently modified their holdings of the stock. Patriot Financial Group Insurance Agency LLC lifted its position in shares of Howmet Aerospace by 95.3% during the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 24,338 shares of the company's stock valued at $5,609,000 after acquiring an additional 11,878 shares during the period. Man Group plc bought a new position in Howmet Aerospace during the second quarter worth $104,566,000. Pictet Asset Management Holding SA grew its holdings in Howmet Aerospace by 28.6% in the first quarter. Pictet Asset Management Holding SA now owns 230,064 shares of the company's stock worth $52,984,000 after purchasing an additional 51,169 shares during the period. State Street Corp grew its holdings in Howmet Aerospace by 3.3% in the second 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 period. Finally, QRG Capital Management Inc. grew its holdings in Howmet Aerospace by 162.8% in the first quarter. QRG Capital Management Inc. now owns 59,956 shares of the company's stock worth $13,817,000 after purchasing an additional 37,141 shares during the period. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Howmet Aerospace Stock Up 0.1%

Shares of HWM stock opened at $217.13 on Thursday. 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 firm's 50-day moving average is $247.83 and its 200-day moving average is $257.15. The stock has a market cap of $86.88 billion, a price-to-earnings ratio of 46.79, a PEG ratio of 1.95 and a beta of 1.21. Howmet Aerospace has a 52-week low of $187.46 and a 52-week high of $310.00.

Howmet Aerospace (NYSE:HWM - Get Free Report) last issued its earnings results on Thursday, August 6th. The company reported $1.33 earnings per share (EPS) for the quarter, beating the consensus estimate 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 during the quarter, compared to the consensus estimate of $2.43 billion. During the same period last year, the business posted $0.91 EPS. Howmet Aerospace's revenue 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. Sell-side analysts predict that Howmet Aerospace will post 5.34 EPS for the current year.

Howmet Aerospace Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 25th. Shareholders of record on Friday, November 6th will be given a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend is Friday, November 6th. Howmet Aerospace's payout ratio is 12.07%.

Trending Headlines about Howmet Aerospace

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

• Positive Sentiment: Howmet declared a quarterly dividend of $0.14 per share, payable November 25 to shareholders of record November 6. The $0.56 annualized payout provides a 0.3% yield and signals continued confidence in cash generation, although the income contribution is modest. Howmet Aerospace Board Approves Common Stock Dividend
• Positive Sentiment: Goldman Sachs maintained its Buy rating, supporting the bullish view that Howmet’s aerospace exposure, aftermarket business and long-term growth prospects remain attractive. Goldman Sachs Keeps Their Buy Rating on Howmet Aerospace
• Positive Sentiment: A bullish investment thesis points to a commercial aerospace recovery, AI-related electricity demand and Howmet’s specialized, high-temperature components. Its technical expertise, regulatory barriers and recurring high-margin aftermarket revenue could support a multiyear growth trend. Howmet Aerospace: A Buy-The-Dip Opportunity In A Potential Multi-Year Up-Trend
• Neutral Sentiment: Investors are preparing for the next quarterly earnings report. The company’s prior quarter exceeded revenue and EPS expectations, while current guidance calls for third-quarter EPS of $1.34–$1.36 and full-year EPS of $5.23–$5.31. Howmet Aerospace's Quarterly Earnings Preview
• Negative Sentiment: Deutsche Bank reduced its price target to $310 from $343. Although the revised target remains above the current share price, the cut may weigh on sentiment by signaling more limited near-term upside. Deutsche Bank Adjusts Price Target on Howmet Aerospace
• Negative Sentiment: Valuation commentary describes HWM as fairly valued on cash flow and argues that the stock needs a better entry point, highlighting the risk that its elevated earnings multiple already reflects substantial growth expectations. Howmet Aerospace: A Better Growth Mix Still Needs A Better Entry Point

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.

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