JPMorgan Chase & Co. Issues Positive Forecast for Howmet Aerospace (NYSE:HWM) Stock Price

Key Points

• JPMorgan raised Howmet Aerospace’s price target to $350 from $310 while maintaining an “overweight” rating, implying approximately 23% upside from the stock’s reported price.
• Analyst sentiment remains favorable: 17 analysts rate HWM a Buy and three rate it Hold, producing a consensus “Moderate Buy” rating and an average price target of $315.67.
• Howmet recently exceeded quarterly expectations, reporting $1.33 in earnings per share versus a $1.24 estimate and $2.55 billion in revenue, up 24.1% year over year.

Howmet Aerospace (NYSE:HWM - Get Free Report) had its price target boosted by equities research analysts at JPMorgan Chase & Co. from $310.00 to $350.00 in a report issued on Monday,Benzinga reports. The brokerage presently has an "overweight" rating on the stock. JPMorgan Chase & Co.'s target price would suggest a potential upside of 23.21% from the stock's current price.

Several other research firms have also issued reports on HWM. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a $320.00 target price on shares of Howmet Aerospace in a research note on Friday, May 8th. TD Cowen increased their price target on Howmet Aerospace from $300.00 to $320.00 and gave the stock a "buy" rating in a research report on Monday, July 13th. Sanford C. Bernstein reissued an "outperform" rating and issued a $318.00 price objective on shares of Howmet Aerospace in a report on Tuesday, June 16th. Wells Fargo & Company restated an "outperform" rating and issued a $315.00 price objective on shares of Howmet Aerospace in a research report on Monday. Finally, BNP Paribas Exane reaffirmed an "outperform" rating and set a $340.00 target price (up from $265.00) on shares of Howmet Aerospace in a research note on Friday, May 8th. Seventeen equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, Howmet Aerospace has an average rating of "Moderate Buy" and an average price target of $315.67.

Howmet Aerospace Stock Performance

Howmet Aerospace stock traded up $2.19 during mid-day trading on Monday, hitting $284.07. The company had a trading volume of 1,229,428 shares, compared to its average volume of 2,611,300. The company has a current ratio of 1.82, a quick ratio of 0.87 and a debt-to-equity ratio of 0.71. Howmet Aerospace has a 12-month low of $169.45 and a 12-month high of $310.00. The company's fifty day moving average is $272.81 and its 200-day moving average is $254.16. The company has a market capitalization of $113.66 billion, a price-to-earnings ratio of 61.28, a P/E/G ratio of 2.23 and a beta of 1.20.

Howmet Aerospace (NYSE:HWM - Get Free Report) last posted its earnings results on Thursday, August 6th. The company reported $1.33 earnings per share 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 firm had revenue of $2.55 billion during the quarter, compared to analyst estimates of $2.43 billion. During the same period in the previous year, the firm earned $0.91 EPS. The business's quarterly 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. Equities research analysts predict that Howmet Aerospace will post 5 EPS for the current year.

Institutional Investors Weigh In On Howmet Aerospace

Several large investors have recently bought and sold shares of the company. Newbridge Financial Services Group Inc. increased its position in shares of Howmet Aerospace by 119.7% during 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 in the last quarter. Acumen Wealth Advisors LLC purchased a new position in Howmet Aerospace in the 4th quarter valued at $25,000. West Paces Advisors Inc. purchased a new position in Howmet Aerospace in the 2nd quarter valued at $27,000. Sound Income Strategies LLC boosted its stake in Howmet Aerospace by 66.7% during the 4th 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. Finally, Cornerstone Financial Management LLC acquired a new stake in Howmet Aerospace during the 4th quarter worth $28,000. 90.46% of the stock is currently owned by hedge funds and other institutional investors.

Howmet Aerospace Company Profile

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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