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

Howmet Aerospace (NYSE:HWM) had its price target hoisted by analysts at Sanford C. Bernstein from $318.00 to $328.00 in a report issued on Monday,Benzinga reports. The brokerage presently has an “outperform” rating on the stock. Sanford C. Bernstein’s price objective would suggest a potential upside of 23.43% from the stock’s previous close.

Several other analysts have also commented on HWM. JPMorgan Chase & Co. increased their price target on shares of Howmet Aerospace from $310.00 to $350.00 and gave the company an “overweight” rating in a research report on Monday, August 10th. Wells Fargo & Company reaffirmed an “outperform” rating and issued a $315.00 price objective on shares of Howmet Aerospace in a research report on Monday, August 10th. Wall Street Zen lowered shares of Howmet Aerospace from a “strong-buy” rating to a “buy” rating in a research note on Sunday, July 5th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $320.00 target price on shares of Howmet Aerospace in a research report on Friday, May 8th. Finally, Zacks Research upgraded shares of Howmet Aerospace from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 12th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $316.22.

Howmet Aerospace Stock Down 2.2%

Shares of NYSE:HWM traded down $5.93 on Monday, reaching $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 52-week low of $170.81 and a 52-week high of $310.00. The firm’s 50 day simple moving average is $278.62 and its 200-day simple moving average is $258.98. The firm has a market capitalization of $106.33 billion, a PE ratio of 57.57, a PEG ratio of 1.94 and a beta of 1.20. 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 (NYSE:HWM) last issued its quarterly earnings data 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 return on equity of 33.91% and a net margin of 20.52%.The firm had revenue of $2.55 billion during the quarter, compared to analysts’ expectations of $2.43 billion. During the same period in the prior year, the business posted $0.91 EPS. The firm’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. As a group, analysts expect that Howmet Aerospace will post 5.33 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Howmet Aerospace

Institutional investors and hedge funds have recently made changes to their positions in the stock. California State Teachers Retirement System grew its holdings 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 buying an additional 163,010,842 shares during the last quarter. Tanager Wealth Management LLP increased its position in shares of Howmet Aerospace by 6.4% in the 2nd quarter. Tanager Wealth Management LLP now owns 1,165 shares of the company’s stock valued at $313,000 after acquiring an additional 70 shares during the period. Ameritas Advisory Services LLC raised its stake in Howmet Aerospace by 117.7% in the 2nd quarter. Ameritas Advisory Services LLC now owns 4,139 shares of the company’s stock worth $1,113,000 after acquiring an additional 2,238 shares during the last quarter. Wedmont Private Capital raised its stake in Howmet Aerospace by 6.6% in the 2nd quarter. Wedmont Private Capital now owns 9,624 shares of the company’s stock worth $2,607,000 after acquiring an additional 594 shares during the last quarter. Finally, Kintra Wealth LLC lifted its position in Howmet Aerospace by 29.5% during the 2nd quarter. Kintra Wealth LLC now owns 1,918 shares of the company’s stock worth $542,000 after acquiring an additional 437 shares during the period. 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.