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

Key Points

• Sanford C. Bernstein raised Howmet Aerospace’s price target from $318 to $328 and maintained an “outperform” rating, implying approximately 23.4% upside from the reported share price.
• Analyst sentiment remains favorable, with a consensus “Moderate Buy” rating and an average price target of $316.22; other firms also recently upgraded ratings or increased targets.
• Howmet reported quarterly EPS of $1.33 versus the $1.24 estimate, while revenue rose 24.1% year over year to $2.55 billion. Institutional investors and hedge funds own approximately 90.46% of the company’s shares.

Howmet Aerospace (NYSE:HWM - Get Free Report) had its price objective hoisted by analysts at Sanford C. Bernstein from $318.00 to $328.00 in a research note issued on Monday,Benzinga reports. The brokerage currently has an "outperform" rating on the stock. Sanford C. Bernstein's price target points to a potential upside of 23.43% from the company's current price.

Several other brokerages also recently issued reports on HWM. Weiss Ratings raised shares of Howmet Aerospace from a "buy (b-)" rating to a "buy (b)" rating in a report on Wednesday. UBS Group upped their price objective on shares of Howmet Aerospace from $299.00 to $326.00 and gave the stock a "neutral" rating in a research note on Friday, August 7th. Zacks Research raised shares of Howmet Aerospace from a "hold" rating to a "strong-buy" rating in a report on Wednesday, August 12th. Citigroup reiterated a "buy" rating on shares of Howmet Aerospace in a research note on Wednesday, August 12th. Finally, BNP Paribas Exane reissued an "outperform" rating and issued a $340.00 target price (up from $265.00) on shares of Howmet Aerospace in a report on Friday, May 8th. One investment 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 company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $316.22.

Howmet Aerospace Price Performance

Shares of HWM stock traded down $5.93 during trading hours on Monday, hitting $265.75. The company had a trading volume of 259,659 shares, compared to its average volume of 2,568,114. Howmet Aerospace has a 12 month low of $170.81 and a 12 month high of $310.00. 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 fifty day moving average is $278.62 and its 200 day moving average is $258.98. The firm has a market capitalization of $106.33 billion, a price-to-earnings ratio of 57.57, a PEG ratio of 1.94 and a beta of 1.20.

Howmet Aerospace (NYSE:HWM - Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The company reported $1.33 EPS for the quarter, beating the consensus estimate of $1.24 by $0.09. Howmet Aerospace had a return on equity of 33.91% and a net margin of 20.52%.The business had revenue of $2.55 billion for the quarter, compared to analyst estimates of $2.43 billion. During the same quarter in the previous year, the firm earned $0.91 EPS. Howmet Aerospace'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. On average, sell-side analysts predict that Howmet Aerospace will post 5.33 EPS for the current fiscal year.

Hedge Funds Weigh In On Howmet Aerospace

A number of large investors have recently modified their holdings of the stock. California State Teachers Retirement System grew its stake in shares of Howmet Aerospace by 28,132.2% during the second quarter. California State Teachers Retirement System now owns 163,590,287 shares of the company's stock valued at $43,982,885,000 after purchasing an additional 163,010,842 shares during the last quarter. Tanager Wealth Management LLP lifted its holdings in Howmet Aerospace by 6.4% during the 2nd quarter. Tanager Wealth Management LLP now owns 1,165 shares of the company's stock worth $313,000 after buying an additional 70 shares in the last quarter. Ameritas Advisory Services LLC boosted its position in Howmet Aerospace by 117.7% in the 2nd quarter. Ameritas Advisory Services LLC now owns 4,139 shares of the company's stock valued at $1,113,000 after buying an additional 2,238 shares during the last quarter. Wedmont Private Capital boosted its position in Howmet Aerospace by 6.6% in the 2nd quarter. Wedmont Private Capital now owns 9,624 shares of the company's stock valued at $2,607,000 after buying an additional 594 shares during the last quarter. Finally, Kintra Wealth LLC boosted its position in Howmet Aerospace by 29.5% in the 2nd quarter. Kintra Wealth LLC now owns 1,918 shares of the company's stock valued at $542,000 after buying an additional 437 shares during the last quarter. 90.46% of the stock is currently owned by institutional investors and hedge funds.

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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