Howmet Aerospace (NYSE:HWM) Price Target Raised to $328.00 at Sanford C. Bernstein

Key Points

• Sanford C. Bernstein raised Howmet Aerospace’s price target from $318 to $328 and maintained an “outperform” rating, implying 23.43% upside from the prior close.
• Analyst sentiment remains positive, with an average “Moderate Buy” rating and consensus price target of $316.22; other firms have also recently raised targets or reiterated buy ratings.
• Howmet’s shares fell 2.2% to $265.75, despite the company beating quarterly estimates with $1.33 adjusted EPS and $2.55 billion in revenue, up 24.1% year over year.

Howmet Aerospace (NYSE:HWM - Get Free Report) had its price target raised by investment analysts at Sanford C. Bernstein from $318.00 to $328.00 in a research report issued to clients and investors on Monday,Benzinga reports. The firm currently has an "outperform" rating on the stock. Sanford C. Bernstein's price objective would suggest a potential upside of 23.43% from the stock's previous close.

HWM has been the subject of several other research reports. BTIG Research boosted their target price on Howmet Aerospace from $300.00 to $340.00 and gave the company a "buy" rating in a research report on Monday, August 10th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a $320.00 price target on shares of Howmet Aerospace in a report on Friday, May 8th. Weiss Ratings upgraded Howmet Aerospace from a "buy (b-)" rating to a "buy (b)" rating in a report on Wednesday. Zacks Research raised Howmet Aerospace from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, August 12th. Finally, TD Cowen increased their target price on Howmet Aerospace from $300.00 to $320.00 and gave the stock a "buy" rating in a research note on Monday, July 13th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $316.22.

Howmet Aerospace Trading Down 2.2%

NYSE HWM traded down $5.93 on Monday, hitting $265.75. 259,659 shares of the stock were exchanged, compared to its average volume of 2,568,114. 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 52-week low of $170.81 and a 52-week high of $310.00. The firm has a market capitalization of $106.33 billion, a P/E ratio of 57.57, a P/E/G ratio of 1.94 and a beta of 1.20. The stock has a fifty day moving average price of $278.62 and a two-hundred day moving average price of $258.98.

Howmet Aerospace (NYSE:HWM - Get Free Report) last released its earnings results on Thursday, August 6th. The company reported $1.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.24 by $0.09. The firm had revenue of $2.55 billion during the quarter, compared to analyst estimates of $2.43 billion. Howmet Aerospace had a net margin of 20.52% and a return on equity of 33.91%. The business's revenue was up 24.1% on a year-over-year basis. During the same quarter last year, the business earned $0.91 EPS. 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. Research analysts forecast that Howmet Aerospace will post 5.33 EPS for the current fiscal year.

Institutional Trading of Howmet Aerospace

Institutional investors and hedge funds have recently modified their holdings of the stock. California State Teachers Retirement System lifted its stake in Howmet Aerospace by 28,132.2% in the second quarter. California State Teachers Retirement System now owns 163,590,287 shares of the company's stock worth $43,982,885,000 after acquiring an additional 163,010,842 shares during the period. BlackRock Inc. purchased a new position in Howmet Aerospace during the 2nd quarter valued at about $12,318,939,000. Bank of America Corp DE purchased a new position in Howmet Aerospace during the 2nd quarter valued at about $2,766,806,000. Norges Bank bought a new stake in shares of Howmet Aerospace in the 4th quarter valued at about $1,793,698,000. Finally, Jupiter Topco LLC bought a new stake in shares of Howmet Aerospace in the 2nd quarter valued at about $2,065,086,000. Institutional investors own 90.46% of the company's stock.

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.

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