Howmet Aerospace (NYSE:HWM) Releases FY 2026 Earnings Guidance

Howmet Aerospace (NYSE:HWM) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 5.230-5.310 for the period, compared to the consensus EPS estimate of 5.060. The company issued revenue guidance of $10.0 billion-$10.1 billion, compared to the consensus revenue estimate of $9.7 billion. Howmet Aerospace also updated its Q3 2026 guidance to 1.340-1.360 EPS.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on HWM shares. BTIG Research raised their price objective on shares of Howmet Aerospace from $275.00 to $300.00 and gave the company a “buy” rating in a research report on Friday, May 8th. Susquehanna boosted their target price on shares of Howmet Aerospace from $300.00 to $330.00 and gave the company a “positive” rating in a research report on Friday, May 8th. Jefferies Financial Group raised their target price on shares of Howmet Aerospace from $320.00 to $340.00 and gave the stock a “buy” rating in a research note on Thursday, July 9th. TD Cowen raised 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, JPMorgan Chase & Co. lifted their price target on shares of Howmet Aerospace from $265.00 to $310.00 and gave the company an “overweight” rating in a report on Monday, May 11th. Sixteen research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $300.33.

Howmet Aerospace Stock Performance

Shares of HWM traded down $2.46 during trading hours on Thursday, hitting $288.96. The company had a trading volume of 3,274,828 shares, compared to its average volume of 1,978,227. The company has a quick ratio of 1.59, a current ratio of 2.44 and a debt-to-equity ratio of 0.73. The firm has a market cap of $115.61 billion, a price-to-earnings ratio of 77.30, a PEG ratio of 2.29 and a beta of 1.20. The business has a fifty day moving average of $272.33 and a 200-day moving average of $253.76. Howmet Aerospace has a 12 month low of $169.45 and a 12 month high of $310.00.

Howmet Aerospace (NYSE:HWM) last announced its earnings results on Thursday, August 6th. The company reported $1.33 earnings per share for the quarter, topping analysts’ consensus estimates of $1.24 by $0.09. Howmet Aerospace had a net margin of 20.23% and a return on equity of 29.27%. During the same quarter in the prior year, the firm earned $0.91 earnings per share. Howmet Aerospace’s revenue was up 24.1% compared to the same quarter last year. 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 analysts anticipate that Howmet Aerospace will post 5.05 EPS for the current fiscal year.

Howmet Aerospace Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, August 25th. Investors of record on Friday, August 7th will be given a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 0.2%. The ex-dividend date is Friday, August 7th. This is a positive change from Howmet Aerospace’s previous quarterly dividend of $0.12. Howmet Aerospace’s dividend payout ratio is 11.14%.

Insiders Place Their Bets

In related news, EVP Neil Edward Marchuk sold 41,932 shares of the business’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $269.50, for a total transaction of $11,300,674.00. Following the sale, the executive vice president owned 65,105 shares of the company’s stock, valued at $17,545,797.50. The trade was a 39.18% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 0.85% of the company’s stock.

More Howmet Aerospace News

Here are the key news stories impacting Howmet Aerospace this week:

• Positive Sentiment: Results exceeded expectations. Howmet reported revenue of $2.547 billion, up 24% year over year, and adjusted EPS of $1.33 versus the $1.24 consensus estimate. Adjusted EPS increased 46% from $0.91 a year earlier, while adjusted EBITDA rose 39% and margins expanded. Howmet Aerospace Reports Second Quarter 2026 Results
• Positive Sentiment: Aerospace and gas-turbine demand remain strong. Rising commercial jet production and robust demand for turbine components supported 21% organic growth, reinforcing expectations for continued strength in Howmet’s core aerospace businesses. HWM Q2 Earnings Beat Estimates on Aerospace, Turbine Growth
• Positive Sentiment: Management raised guidance above Wall Street forecasts. Full-year 2026 EPS is now projected at $5.23-$5.31 and revenue at $10.0-$10.1 billion, compared with consensus estimates of $5.06 and $9.7 billion. Third-quarter EPS guidance of $1.34-$1.36 also exceeds the $1.26 consensus. Howmet Aerospace boosts 2026 forecasts
• Positive Sentiment: Cash returns and financial execution improved. Operating cash flow rose 31% to $583 million, free cash flow increased 39% to $479 million, and the company repurchased $300 million of stock. Howmet also raised its quarterly dividend 17% and reduced interest expense through debt refinancing actions. Howmet Aerospace Q2 2026 Earnings Call Transcript
• Negative Sentiment: Valuation and execution risks remain. HWM trades near its 52-week high at a high earnings multiple, leaving less room for disappointment. Investors will also monitor transportation weakness, supply-chain constraints and the integration of the $1.8 billion CAM acquisition.

Institutional Investors Weigh In On Howmet Aerospace

Several hedge funds have recently modified their holdings of the business. Mcguire Capital Advisors Inc. acquired a new stake in Howmet Aerospace during the 4th quarter worth about $28,000. Compound Planning Inc. boosted its stake in Howmet Aerospace by 2.3% during the fourth quarter. Compound Planning Inc. now owns 8,013 shares of the company’s stock worth $1,643,000 after buying an additional 181 shares during the last quarter. Axxcess Wealth Management LLC increased its holdings in shares of Howmet Aerospace by 59.2% during the 4th quarter. Axxcess Wealth Management LLC now owns 17,084 shares of the company’s stock worth $3,503,000 after buying an additional 6,352 shares during the last quarter. Corient Private Wealth LLC raised its stake in shares of Howmet Aerospace by 115.8% in the 4th quarter. Corient Private Wealth LLC now owns 97,380 shares of the company’s stock valued at $19,965,000 after acquiring an additional 52,246 shares during the period. Finally, Strive Financial Group LLC acquired a new stake in shares of Howmet Aerospace during the fourth quarter worth about $99,000. Hedge funds and other institutional investors own 90.46% of the company’s stock.

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.