Howmet Aerospace (NYSE:HWM) Price Target Raised to $325.00

Howmet Aerospace (NYSE:HWM) had its price target upped by equities research analysts at Royal Bank Of Canada from $300.00 to $325.00 in a research note issued on Monday,Benzinga reports. The firm currently has an “outperform” rating on the stock. Royal Bank Of Canada’s price objective would indicate a potential upside of 11.40% from the stock’s previous close.

Other research analysts have also recently issued research reports about the stock. Citigroup lifted their price objective on shares of Howmet Aerospace from $303.00 to $311.00 and gave the company a “buy” rating in a report on Wednesday, July 1st. Susquehanna raised their price target 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. BTIG Research boosted their price target on shares of Howmet Aerospace from $275.00 to $300.00 and gave the stock a “buy” rating in a research note on Friday, May 8th. Jefferies Financial Group upped their price objective on Howmet Aerospace from $320.00 to $340.00 and gave the stock a “buy” rating in a research report on Thursday, July 9th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Howmet Aerospace in a research report on Friday, July 17th. Eighteen 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.com, the company has a consensus rating of “Moderate Buy” and an average price target of $294.53.

Howmet Aerospace Trading Up 0.9%

HWM traded up $2.49 during mid-day trading on Monday, hitting $291.75. 112,367 shares of the stock were exchanged, compared to its average volume of 2,618,717. The firm’s fifty day moving average is $267.50 and its two-hundred day moving average is $249.52. Howmet Aerospace has a 1-year low of $169.45 and a 1-year high of $295.28. The company has a market cap of $116.73 billion, a PE ratio of 67.69, a PEG ratio of 2.27 and a beta of 1.19. The company has a current ratio of 2.44, a quick ratio of 1.59 and a debt-to-equity ratio of 0.73.

Howmet Aerospace (NYSE:HWM) last released its earnings results on Thursday, May 7th. The company reported $1.22 earnings per share for the quarter, beating the consensus estimate of $1.11 by $0.11. The company had revenue of $2.31 billion during the quarter, compared to the consensus estimate of $2.24 billion. Howmet Aerospace had a return on equity of 29.27% and a net margin of 20.23%.Howmet Aerospace’s revenue was up 19.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.86 EPS. Howmet Aerospace has set its FY 2026 guidance at 4.880-5.000 EPS and its Q2 2026 guidance at 1.220-1.240 EPS. Equities analysts forecast that Howmet Aerospace will post 5.05 earnings per share for the current fiscal year.

Insider Buying and Selling at Howmet Aerospace

In related news, EVP Neil Edward Marchuk sold 41,932 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $269.50, for a total value 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. This trade represents a 39.18% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.85% of the company’s stock.

Institutional Investors Weigh In On Howmet Aerospace

A number of hedge funds and other institutional investors have recently modified their holdings of the company. West Paces Advisors Inc. acquired a new position in shares of Howmet Aerospace during the second quarter worth $27,000. Bartlett & CO. Wealth Management LLC raised its stake in Howmet Aerospace by 55.1% in the second quarter. Bartlett & CO. Wealth Management LLC now owns 107 shares of the company’s stock valued at $29,000 after buying an additional 38 shares in the last quarter. Acumen Wealth Advisors LLC acquired a new stake in Howmet Aerospace in the fourth quarter valued at $25,000. Sound Income Strategies LLC lifted its holdings in Howmet Aerospace by 66.7% during the 4th quarter. Sound Income Strategies LLC now owns 125 shares of the company’s stock worth $28,000 after buying an additional 50 shares during the last quarter. Finally, Newbridge Financial Services Group Inc. lifted its holdings in Howmet Aerospace by 119.7% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock worth $25,000 after buying an additional 73 shares during the last quarter. 90.46% of the stock is currently owned by institutional investors and hedge funds.

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.