KeyCorp Begins Coverage on Howmet Aerospace (NYSE:HWM)

KeyCorp began coverage on shares of Howmet Aerospace (NYSE:HWM) in a report issued on Wednesday. The firm set a “sector weight” rating on the stock.

A number of other equities analysts have also weighed in on HWM. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Howmet Aerospace in a research report on Thursday, January 22nd. Deutsche Bank Aktiengesellschaft set a $278.00 price target on shares of Howmet Aerospace and gave the company a “buy” rating in a research report on Friday, February 13th. Jefferies Financial Group restated a “buy” rating and set a $315.00 price objective on shares of Howmet Aerospace in a report on Sunday, February 15th. Truist Financial set a $280.00 price objective on shares of Howmet Aerospace in a research note on Wednesday, March 11th. Finally, Wall Street Zen upgraded shares of Howmet Aerospace from a “hold” rating to a “buy” rating in a report on Sunday, January 18th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, Howmet Aerospace presently has a consensus rating of “Moderate Buy” and an average target price of $256.15.

Howmet Aerospace Price Performance

HWM stock opened at $239.17 on Wednesday. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.13 and a quick ratio of 1.09. The company’s 50-day moving average is $236.37 and its 200-day moving average is $211.99. The stock has a market capitalization of $95.89 billion, a PE ratio of 64.47, a price-to-earnings-growth ratio of 2.19 and a beta of 1.21. Howmet Aerospace has a 1 year low of $105.04 and a 1 year high of $267.31.

Howmet Aerospace (NYSE:HWM) last issued its earnings results on Thursday, February 12th. The company reported $1.05 EPS for the quarter, beating analysts’ consensus estimates of $0.97 by $0.08. The business had revenue of $2.17 billion during the quarter, compared to analyst estimates of $2.12 billion. Howmet Aerospace had a return on equity of 30.41% and a net margin of 18.27%.The firm’s revenue was up 14.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.77 EPS. Howmet Aerospace has set its Q1 2026 guidance at 1.090-1.110 EPS and its FY 2026 guidance at 4.350-4.550 EPS. Equities research analysts expect that Howmet Aerospace will post 3.27 EPS for the current fiscal year.

Insider Activity

In other news, EVP Neil Edward Marchuk sold 45,150 shares of the stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $251.70, for a total value of $11,364,255.00. Following the completion of the sale, the executive vice president owned 107,008 shares in the company, valued at $26,933,913.60. This represents a 29.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Barbara Lou Shultz sold 1,000 shares of the firm’s stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $260.00, for a total transaction of $260,000.00. Following the transaction, the vice president directly owned 23,874 shares in the company, valued at $6,207,240. The trade was a 4.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 1.12% of the company’s stock.

Hedge Funds Weigh In On Howmet Aerospace

Hedge funds and other institutional investors have recently modified their holdings of the business. Newbridge Financial Services Group Inc. increased its position in shares of Howmet Aerospace by 119.7% during the second quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock valued at $25,000 after acquiring an additional 73 shares during the last quarter. Acumen Wealth Advisors LLC purchased a new position in Howmet Aerospace in the fourth quarter worth $25,000. Sound Income Strategies LLC grew its stake in Howmet Aerospace by 66.7% in the 4th quarter. Sound Income Strategies LLC now owns 125 shares of the company’s stock valued at $28,000 after purchasing an additional 50 shares during the period. Cornerstone Financial Management LLC bought a new position in Howmet Aerospace in the 4th quarter valued at $28,000. Finally, Vermillion & White Wealth Management Group LLC increased its position in shares of Howmet Aerospace by 65.1% during the 4th 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. Hedge funds and other institutional investors own 90.46% of the company’s stock.

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.