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

Howmet Aerospace (NYSE:HWM) issued an update on its FY 2026 earnings guidance on Thursday. The company provided 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.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. BTIG Research lifted their price target 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. Sanford C. Bernstein restated an “outperform” rating and set a $318.00 target price on shares of Howmet Aerospace in a report on Tuesday, June 16th. JPMorgan Chase & Co. increased their price target on Howmet Aerospace from $265.00 to $310.00 and gave the company an “overweight” rating in a report on Monday, May 11th. Weiss Ratings restated a “buy (b)” rating on shares of Howmet Aerospace in a research note on Friday, July 17th. Finally, BNP Paribas Exane reiterated an “outperform” rating and issued a $340.00 target price (up from $265.00) on shares of Howmet Aerospace in a research note on Friday, May 8th. Sixteen research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $300.33.

Howmet Aerospace Stock Up 1.1%

Shares of Howmet Aerospace stock opened at $291.28 on Thursday. Howmet Aerospace has a 1-year low of $169.45 and a 1-year high of $295.28. The company has a market capitalization of $116.54 billion, a PE ratio of 67.58, a P/E/G ratio of 2.26 and a beta of 1.20. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.44 and a quick ratio of 1.59. The business has a 50-day moving average of $271.75 and a 200-day moving average of $253.31.

Howmet Aerospace (NYSE:HWM) last released its quarterly 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 business had revenue of $2.55 billion for the quarter, compared to analysts’ expectations of $2.43 billion. Howmet Aerospace had a return on equity of 29.27% and a net margin of 20.23%.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, equities analysts forecast 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. Stockholders of record on Friday, August 7th will be given a dividend of $0.14 per share. The ex-dividend date of this dividend is Friday, August 7th. This is an increase from Howmet Aerospace’s previous quarterly dividend of $0.12. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.2%. Howmet Aerospace’s dividend payout ratio is 12.99%.

Insider Activity

In related news, EVP Neil Edward Marchuk sold 41,932 shares of the company’s stock in a transaction 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 directly owned 65,105 shares of the company’s stock, valued at $17,545,797.50. This represents a 39.18% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.85% of the company’s stock.

Hedge Funds Weigh In On Howmet Aerospace

A number of hedge funds have recently bought and sold shares of the company. Acumen Wealth Advisors LLC bought a new position in Howmet Aerospace during the 4th quarter worth approximately $25,000. Newbridge Financial Services Group Inc. lifted its stake in Howmet Aerospace by 119.7% during the second quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock worth $25,000 after purchasing an additional 73 shares during the last quarter. Mcguire Capital Advisors Inc. acquired a new position in Howmet Aerospace in the fourth quarter worth $28,000. Vermillion & White Wealth Management Group LLC increased its stake in Howmet Aerospace by 65.1% during the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 137 shares of the company’s stock valued at $28,000 after purchasing an additional 54 shares during the last quarter. Finally, J.Safra Asset Management Corp acquired a new stake in shares of Howmet Aerospace during the fourth quarter worth $30,000. 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.