Howmet Aerospace (NYSE:HWM) Releases Q2 2026 Earnings Guidance

Howmet Aerospace (NYSE:HWM) issued an update on its second quarter 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 1.220-1.240 for the period, compared to the consensus estimate of 1.160. The company issued revenue guidance of $2.4 billion-$2.4 billion, compared to the consensus revenue estimate of $2.4 billion. Howmet Aerospace also updated its FY 2026 guidance to 4.880-5.000 EPS.

Howmet Aerospace Stock Performance

HWM stock traded down $2.21 during midday trading on Friday, hitting $270.33. The company’s stock had a trading volume of 3,185,839 shares, compared to its average volume of 2,567,107. The stock’s 50-day moving average price is $245.89 and its 200 day moving average price is $223.56. The company has a quick ratio of 1.09, a current ratio of 2.13 and a debt-to-equity ratio of 0.53. Howmet Aerospace has a 1 year low of $154.72 and a 1 year high of $280.74. The stock has a market cap of $108.33 billion, a price-to-earnings ratio of 72.87, a PEG ratio of 2.37 and a beta of 1.19.

Howmet Aerospace (NYSE:HWM) last posted its quarterly earnings data on Thursday, May 7th. The company reported $1.22 earnings per share for the quarter, topping the consensus estimate of $1.11 by $0.11. Howmet Aerospace had a return on equity of 30.41% and a net margin of 18.27%.The business had revenue of $2.31 billion for the quarter, compared to analysts’ expectations of $2.24 billion. During the same quarter in the previous year, the firm earned $0.86 earnings per share. The business’s revenue was up 19.1% on a year-over-year basis. 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. On average, equities analysts forecast that Howmet Aerospace will post 4.57 EPS for the current year.

Howmet Aerospace Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 26th. Shareholders of record on Friday, May 8th will be given a $0.12 dividend. The ex-dividend date of this dividend is Friday, May 8th. This represents a $0.48 annualized dividend and a yield of 0.2%. Howmet Aerospace’s payout ratio is currently 11.14%.

Analyst Ratings Changes

Several research analysts have weighed in on HWM shares. Royal Bank Of Canada boosted their price objective on Howmet Aerospace from $275.00 to $300.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 11th. Wolfe Research set a $270.00 price target on Howmet Aerospace and gave the company an “outperform” rating in a research report on Wednesday, March 11th. UBS Group reaffirmed a “neutral” rating and set a $290.00 price target on shares of Howmet Aerospace in a research report on Friday. Citigroup dropped their price target on Howmet Aerospace from $283.00 to $271.00 and set a “buy” rating on the stock in a research report on Thursday, April 2nd. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and set a $280.00 price target on shares of Howmet Aerospace in a research report on Tuesday, February 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, Howmet Aerospace presently has an average rating of “Moderate Buy” and an average price target of $281.21.

Insiders Place Their Bets

In other news, EVP Neil Edward Marchuk sold 45,150 shares of the company’s stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $251.70, for a total transaction of $11,364,255.00. Following the transaction, the executive vice president owned 107,008 shares of the company’s stock, valued at $26,933,913.60. This represents a 29.67% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Barbara Lou Shultz sold 1,000 shares of the company’s stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $260.00, for a total value of $260,000.00. Following the transaction, the vice president directly owned 23,874 shares in the company, valued at $6,207,240. This represents a 4.02% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.85% of the stock is owned by corporate insiders.

Howmet Aerospace News Roundup

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

• Positive Sentiment: BNP Paribas Exane reaffirmed its outperform rating and raised its price target to $340 from $265, implying meaningful upside from current levels. BNP Paribas Exane raises HWM target
• Positive Sentiment: Susquehanna raised its price target to $330 from $300 and kept a positive rating, citing improved outlook. Susquehanna raises HWM target
• Positive Sentiment: BTIG increased its target to $300 from $275 and reiterated a buy rating, reflecting confidence in the company’s growth trajectory. BTIG raises HWM target
• Positive Sentiment: Howmet’s earnings beat and raised guidance have helped drive the stock higher, with reports highlighting a breakout on demand-driven results. Howmet surges after Q1 beat article

Institutional Trading of Howmet Aerospace

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. State Street Corp raised its stake in shares of Howmet Aerospace by 1.6% during the 3rd quarter. State Street Corp now owns 17,964,662 shares of the company’s stock valued at $3,525,206,000 after purchasing an additional 278,587 shares during the period. Price T Rowe Associates Inc. MD raised its stake in shares of Howmet Aerospace by 27.0% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 16,632,206 shares of the company’s stock valued at $3,409,936,000 after purchasing an additional 3,531,700 shares during the period. Morgan Stanley raised its stake in shares of Howmet Aerospace by 0.7% during the 4th quarter. Morgan Stanley now owns 5,533,106 shares of the company’s stock valued at $1,134,398,000 after purchasing an additional 39,873 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Howmet Aerospace by 13.3% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,752,280 shares of the company’s stock valued at $564,272,000 after purchasing an additional 323,206 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of Howmet Aerospace by 0.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,417,033 shares of the company’s stock valued at $495,540,000 after purchasing an additional 15,721 shares during the period. 90.46% of the stock is currently owned by institutional investors.

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.