Howmet Aerospace (NYSE:HWM) Price Target Raised to $340.00

Key Points

• BTIG Research raised Howmet Aerospace’s price target from $300 to $340 while maintaining a “buy” rating, implying approximately 20.4% upside from the reported share price.
• Analyst sentiment remains positive: 17 analysts rate the stock a Buy and three a Hold, producing a consensus “Moderate Buy” rating and an average price target of $308.17.
• Howmet exceeded quarterly expectations with adjusted EPS of $1.33 versus the $1.24 consensus and revenue of $2.55 billion, up 24.1% year over year; institutional investors own 90.46% of the company.

Howmet Aerospace (NYSE:HWM - Get Free Report) had its price objective boosted by BTIG Research from $300.00 to $340.00 in a research note issued to investors on Monday,Benzinga reports. The firm currently has a "buy" rating on the stock. BTIG Research's price objective would indicate a potential upside of 20.39% from the stock's current price.

A number of other analysts have also weighed in on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a $320.00 price target on shares of Howmet Aerospace in a research note on Friday, May 8th. Susquehanna increased their target price on shares of Howmet Aerospace from $330.00 to $340.00 and gave the company a "positive" rating in a research note on Friday. Jefferies Financial Group reaffirmed a "buy" rating and set a $370.00 target price on shares of Howmet Aerospace in a report on Sunday. TD Cowen lifted their price objective on shares of Howmet Aerospace from $300.00 to $320.00 and gave the stock a "buy" rating in a research report on Monday, July 13th. Finally, Sanford C. Bernstein reiterated an "outperform" rating and issued a $318.00 price objective on shares of Howmet Aerospace in a research note on Tuesday, June 16th. Seventeen analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $308.17.

Howmet Aerospace Price Performance

Shares of NYSE:HWM opened at $282.42 on Monday. 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 firm has a 50-day simple moving average of $272.81 and a 200 day simple moving average of $254.16. Howmet Aerospace has a fifty-two week low of $169.45 and a fifty-two week high of $310.00. The company has a market cap of $113.00 billion, a PE ratio of 60.87, a P/E/G ratio of 2.23 and a beta of 1.20.

Howmet Aerospace (NYSE:HWM - Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The company reported $1.33 EPS for the quarter, topping analysts' consensus estimates of $1.24 by $0.09. The firm had revenue of $2.55 billion during the quarter, compared to the consensus estimate of $2.43 billion. Howmet Aerospace had a return on equity of 33.91% and a net margin of 20.52%.The firm's revenue was up 24.1% on a year-over-year basis. During the same period in the prior 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. On average, sell-side analysts anticipate that Howmet Aerospace will post 5 EPS for the current year.

Institutional Trading of Howmet Aerospace

Several large investors have recently added to or reduced their stakes in HWM. Brighton Jones LLC boosted its holdings in Howmet Aerospace by 5.4% in the fourth quarter. Brighton Jones LLC now owns 2,548 shares of the company's stock worth $279,000 after purchasing an additional 130 shares in the last quarter. Acadian Asset Management LLC acquired a new stake in shares of Howmet Aerospace in the first quarter worth about $399,000. Sivia Capital Partners LLC acquired a new stake in shares of Howmet Aerospace in the second quarter worth about $216,000. Brown Advisory Inc. boosted its stake in shares of Howmet Aerospace by 31.0% during the 2nd quarter. Brown Advisory Inc. now owns 4,180 shares of the company's stock worth $778,000 after acquiring an additional 990 shares in the last quarter. Finally, Cary Street Partners Financial LLC bought a new stake in shares of Howmet Aerospace during the 2nd quarter worth about $145,000. 90.46% of the stock is owned by institutional investors.

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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