Wells Fargo & Company Initiates Coverage on Howmet Aerospace (NYSE:HWM)

Investment analysts at Wells Fargo & Company assumed coverage on shares of Howmet Aerospace (NYSE:HWM) in a note issued to investors on Wednesday. The firm set an “equal weight” rating and a $240.00 price target on the stock. Wells Fargo & Company‘s price objective suggests a potential upside of 4.44% from the stock’s current price.

A number of other equities research analysts have also recently issued reports on HWM. UBS Group upped their price objective on Howmet Aerospace from $228.00 to $260.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 17th. Bank of America upped their price target on shares of Howmet Aerospace from $250.00 to $300.00 and gave the stock a “buy” rating in a research report on Friday, February 20th. KeyCorp assumed coverage on shares of Howmet Aerospace in a research note on Wednesday, March 25th. They issued a “sector weight” rating for the company. The Goldman Sachs Group set a $228.00 price objective on shares of Howmet Aerospace in a research report on Tuesday, February 17th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Howmet Aerospace from $227.00 to $265.00 and gave the stock an “overweight” rating in a research note on Thursday, February 19th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $260.90.

Howmet Aerospace Stock Up 3.1%

Howmet Aerospace stock opened at $229.80 on Wednesday. The company has a current ratio of 2.13, a quick ratio of 1.09 and a debt-to-equity ratio of 0.53. Howmet Aerospace has a 1-year low of $105.04 and a 1-year high of $267.31. The company has a fifty day simple moving average of $237.11 and a 200 day simple moving average of $213.68. The company has a market cap of $92.14 billion, a P/E ratio of 61.94, a price-to-earnings-growth ratio of 2.06 and a beta of 1.21.

Howmet Aerospace (NYSE:HWM) last posted its quarterly earnings data on Thursday, February 12th. The company reported $1.05 EPS for the quarter, topping analysts’ consensus estimates of $0.97 by $0.08. The company had revenue of $2.17 billion during the quarter, compared to the consensus estimate of $2.12 billion. Howmet Aerospace had a net margin of 18.27% and a return on equity of 30.41%. The company’s quarterly revenue was up 14.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.77 EPS. Howmet Aerospace has set its Q1 2026 guidance at 1.090-1.110 EPS and its FY 2026 guidance at 4.350-4.550 EPS. Research analysts anticipate that Howmet Aerospace will post 3.27 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, EVP Neil Edward Marchuk sold 45,150 shares of the firm’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $251.70, for a total transaction of $11,364,255.00. Following the completion of the sale, the executive vice president owned 107,008 shares in the company, valued at approximately $26,933,913.60. This trade represents a 29.67% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, VP Barbara Lou Shultz sold 1,000 shares of Howmet Aerospace stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $260.00, for a total transaction of $260,000.00. Following the sale, the vice president directly owned 23,874 shares of the company’s stock, valued at $6,207,240. The trade was a 4.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.12% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Norges Bank acquired a new stake in Howmet Aerospace during the fourth quarter worth approximately $1,793,698,000. Price T Rowe Associates Inc. MD grew its position in shares of Howmet Aerospace by 27.0% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 16,632,206 shares of the company’s stock valued at $3,409,936,000 after purchasing an additional 3,531,700 shares during the last quarter. Auto Owners Insurance Co increased its stake in shares of Howmet Aerospace by 20,402.0% during the fourth quarter. Auto Owners Insurance Co now owns 1,441,906 shares of the company’s stock worth $29,562,000 after purchasing an additional 1,434,873 shares during the period. Invesco Ltd. increased its stake in shares of Howmet Aerospace by 12.2% during the third quarter. Invesco Ltd. now owns 7,367,438 shares of the company’s stock worth $1,445,712,000 after purchasing an additional 801,093 shares during the period. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its holdings in Howmet Aerospace by 4,994.0% during the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 687,684 shares of the company’s stock worth $127,999,000 after purchasing an additional 674,184 shares during the last quarter. 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.