Howmet Aerospace (NYSE:HWM) Given New $340.00 Price Target at Susquehanna

Howmet Aerospace (NYSE:HWM) had its price objective lifted by Susquehanna from $330.00 to $340.00 in a research report released on Friday,Benzinga reports. The firm currently has a positive rating on the stock.

A number of other equities analysts have also recently issued reports on HWM. UBS Group upped their price objective on shares of Howmet Aerospace from $260.00 to $290.00 and gave the stock a “neutral” rating in a research report on Friday, May 8th. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $318.00 target price on shares of Howmet Aerospace in a research note on Tuesday, June 16th. Weiss Ratings cut shares of Howmet Aerospace from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday. Jefferies Financial Group increased their price target on Howmet Aerospace from $320.00 to $340.00 and gave the company a “buy” rating in a research note on Thursday, July 9th. Finally, Citigroup raised their price objective on Howmet Aerospace from $303.00 to $311.00 and gave the company a “buy” rating in a report on Wednesday, July 1st. Sixteen equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $304.28.

Howmet Aerospace Stock Performance

NYSE:HWM opened at $282.42 on Friday. Howmet Aerospace has a twelve month low of $169.45 and a twelve month high of $310.00. The company has a quick ratio of 1.59, a current ratio of 1.82 and a debt-to-equity ratio of 0.71. The stock’s 50-day simple moving average is $272.81 and its 200 day simple moving average is $253.96. The firm has a market capitalization of $113.00 billion, a PE ratio of 60.87, a price-to-earnings-growth ratio of 2.18 and a beta of 1.20.

Howmet Aerospace (NYSE:HWM) last issued its earnings results on Thursday, August 6th. The company reported $1.33 EPS for the quarter, topping the consensus estimate 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 business’s quarterly revenue was up 24.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.91 earnings per share. 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, analysts anticipate that Howmet Aerospace will post 5.27 EPS for the current fiscal year.

Howmet Aerospace Increases Dividend

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

Insider Activity

In other news, EVP Neil Edward Marchuk sold 41,932 shares of the firm’s stock in a transaction on 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 completion of the transaction, the executive vice president owned 65,105 shares of the company’s stock, valued at approximately $17,545,797.50. This trade represents a 39.18% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.85% of the company’s stock.

Institutional Trading of Howmet Aerospace

A number of institutional investors and hedge funds have recently bought and sold shares of HWM. BlackRock Inc. bought a new stake in Howmet Aerospace in the second quarter valued at approximately $12,318,939,000. Norges Bank bought a new position in Howmet Aerospace during the 4th quarter worth approximately $1,793,698,000. Bank of New York Mellon Corp acquired a new position in shares of Howmet Aerospace in the 2nd quarter worth approximately $1,099,765,000. Price T Rowe Associates Inc. MD lifted its position in shares of Howmet Aerospace by 27.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 16,632,206 shares of the company’s stock worth $3,409,936,000 after purchasing an additional 3,531,700 shares during the period. Finally, Auto Owners Insurance Co lifted its position in shares of Howmet Aerospace by 20,402.0% in the 4th 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. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Howmet Aerospace News Summary

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

• Positive Sentiment: Strong Q2 performance: Howmet reported revenue of $2.55 billion, up 24% year over year, and adjusted EPS of $1.33, exceeding the $1.24 analyst consensus. Operating margins, cash flow and adjusted EBITDA also improved significantly. Howmet Aerospace Reports Second Quarter 2026 Results
• Positive Sentiment: Raised 2026 outlook: The company now expects full-year EPS of $5.23-$5.31 and revenue of approximately $10.0-$10.1 billion, above consensus estimates. Third-quarter EPS guidance of $1.34-$1.36 also exceeds expectations. HWM Q2 Earnings Beat Estimates on Aerospace, Turbine Growth
• Positive Sentiment: Favorable demand trends: Rising commercial aircraft production, aftermarket spares demand and gas-turbine activity are supporting capacity expansion and growth into 2027. Howmet also generated $479 million in free cash flow and repurchased $300 million of stock during the quarter. HWM Q2 Earnings Call Centers on Capacity and Higher Outlook
• Positive Sentiment: Analyst support: Susquehanna raised its price target from $330 to $340 and assigned a positive rating, implying meaningful potential upside from the recent trading level. Benzinga analyst price-target report
• Neutral Sentiment: Howmet completed its $1.8 billion CAM acquisition and increased its quarterly dividend by 17% to $0.14 per share. The acquisition expands the company’s capabilities but also increases integration and execution requirements.
• Negative Sentiment: The stock’s pullback may reflect valuation and profit-taking concerns: HWM has risen sharply over the past year, trades at a high earnings multiple, and investors may have expected strong results following the recent rally. Higher capital spending to expand capacity could also limit near-term free cash flow.

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.