Howmet Aerospace (NYSE:HWM) Stock Rating Upgraded by Guggenheim

Howmet Aerospace (NYSE:HWM) was upgraded by analysts at Guggenheim to a “strong-buy” rating in a note issued to investors on Monday, Zacks reports.

Other analysts have also issued research reports about the company. Wells Fargo & Company reiterated an “outperform” rating and set a $315.00 target price on shares of Howmet Aerospace in a report on Monday, August 10th. Citigroup restated a “buy” rating on shares of Howmet Aerospace in a research note on Tuesday, September 1st. Jefferies Financial Group reiterated a “buy” rating and set a $370.00 price objective on shares of Howmet Aerospace in a research note on Sunday, August 9th. Wall Street Zen downgraded Howmet Aerospace from a “strong-buy” rating to a “buy” rating in a report on Sunday, July 5th. Finally, JPMorgan Chase & Co. raised their target price on shares of Howmet Aerospace from $310.00 to $350.00 and gave the company an “overweight” rating in a research note on Monday, August 10th. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $318.00.

Howmet Aerospace Stock Up 1.3%

Shares of HWM stock opened at $227.69 on Monday. 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 has a 1 year low of $182.78 and a 1 year high of $310.00. The firm’s fifty day moving average price is $269.21 and its two-hundred day moving average price is $259.90. The firm has a market capitalization of $91.10 billion, a P/E ratio of 49.07, a PEG ratio of 2.02 and a beta of 1.19.

Howmet Aerospace (NYSE:HWM) last issued 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. Howmet Aerospace had a net margin of 20.52% and a return on equity of 33.91%. The firm had revenue of $2.55 billion for the quarter, compared to analysts’ expectations of $2.43 billion. During the same period in the previous year, the firm posted $0.91 EPS. The company’s revenue for the quarter 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. On average, equities analysts predict that Howmet Aerospace will post 5.33 EPS for the current fiscal year.

Institutional Investors Weigh In On Howmet Aerospace

A number of large investors have recently added to or reduced their stakes in the business. MUFG Securities EMEA plc boosted its position in shares of Howmet Aerospace by 752.6% during the fourth quarter. MUFG Securities EMEA plc now owns 65,783 shares of the company’s stock valued at $13,487,000 after buying an additional 58,067 shares during the last quarter. Bearing Point Capital LLC raised its position in Howmet Aerospace by 9.5% in the 4th quarter. Bearing Point Capital LLC now owns 54,619 shares of the company’s stock valued at $11,198,000 after buying an additional 4,757 shares during the last quarter. Patriot Financial Group Insurance Agency LLC raised its position in Howmet Aerospace by 95.3% in the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 24,338 shares of the company’s stock valued at $5,609,000 after buying an additional 11,878 shares during the last quarter. Pictet Asset Management Holding SA lifted its stake in Howmet Aerospace by 28.6% during the 1st quarter. Pictet Asset Management Holding SA now owns 230,064 shares of the company’s stock valued at $52,984,000 after acquiring an additional 51,169 shares in the last quarter. Finally, State Street Corp lifted its stake in Howmet Aerospace by 2.2% during the 4th quarter. State Street Corp now owns 18,365,429 shares of the company’s stock valued at $3,765,280,000 after acquiring an additional 400,767 shares in the last quarter. Institutional investors own 90.46% of the company’s stock.

About Howmet Aerospace

Howmet Aerospace Inc (NYSE:HWM) is an aerospace and industrial manufacturer that develops and produces engineered components for commercial and defense aircraft, as well as products for transportation, energy and other industrial markets. Its offerings include aircraft engine components, airframe structures, fastening systems and forged aluminum wheels for commercial transportation.

The company’s aerospace products include turbine airfoils, engine casings, structural components and other specialized parts designed to support aircraft performance and efficiency.