Howmet Aerospace (NYSE:HWM) Stock Price Target Cut by BNP Paribas Exane

Howmet Aerospace (NYSE:HWM – Get Free Report) had its price target reduced by analysts at BNP Paribas Exane from $345.00 to $310.00 in a report released on Tuesday. The brokerage currently has an “outperform” rating on the stock. BNP Paribas Exane’s price objective would suggest a potential upside of 37.82% from the company’s current price.

Several other research firms have also recently weighed in on HWM. Weiss Ratings upgraded shares of Howmet Aerospace from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, August 19th. TD Cowen reduced their target price on shares of Howmet Aerospace from $320.00 to $280.00 and set a “buy” rating on the stock in a research report on Friday. Wells Fargo & Company decreased their price target on shares of Howmet Aerospace from $315.00 to $255.00 and set an “equal weight” rating on the stock in a research note on Wednesday, September 30th. JPMorgan Chase & Co. raised their price target on shares of Howmet Aerospace from $310.00 to $350.00 and gave the company an “overweight” rating in a report on Monday, August 10th. Finally, Susquehanna boosted their price objective on shares of Howmet Aerospace from $330.00 to $340.00 and gave the stock a “positive” rating in a research report on Friday, August 7th. Two analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Howmet Aerospace currently has a consensus rating of “Moderate Buy” and a consensus target price of $312.80.

View Our Latest Report on Howmet Aerospace

Howmet Aerospace Price Performance

HWM stock traded up $2.38 during trading on Tuesday, hitting $224.94. The company had a trading volume of 2,670,817 shares, compared to its average volume of 2,726,294. The company has a fifty day moving average price of $252.07 and a two-hundred day moving average price of $257.39. Howmet Aerospace has a fifty-two week low of $183.83 and a fifty-two week high of $310.00. The company has a market cap of $90.00 billion, a P/E ratio of 48.48, a P/E/G ratio of 2.01 and a beta of 1.21. 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 (NYSE:HWM – Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The company reported $1.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.24 by $0.09. The firm had revenue of $2.55 billion during the quarter, compared to analyst estimates of $2.43 billion. Howmet Aerospace had a return on equity of 33.91% and a net margin of 20.52%. The business’s revenue for the quarter was up 24.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.91 earnings per share. 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. Equities research analysts expect that Howmet Aerospace will post 5.33 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Howmet Aerospace

A number of hedge funds have recently modified their holdings of HWM. West Paces Advisors Inc. acquired a new stake in shares of Howmet Aerospace during the second quarter worth $27,000. Cornerstone Financial Management LLC acquired a new position in Howmet Aerospace in the 4th quarter worth $28,000. Bartlett & CO. Wealth Management LLC increased its holdings in Howmet Aerospace by 55.1% during the 2nd quarter. Bartlett & CO. Wealth Management LLC now owns 107 shares of the company’s stock worth $29,000 after purchasing an additional 38 shares in the last quarter. Markowski Investments bought a new position in Howmet Aerospace during the 2nd quarter worth about $29,000. Finally, Retirement Wealth Solutions LLC raised its stake in shares of Howmet Aerospace by 328.1% in the 3rd quarter. Retirement Wealth Solutions LLC now owns 137 shares of the company’s stock valued at $31,000 after purchasing an additional 105 shares during the period. Institutional investors and hedge funds own 90.46% of the company’s stock.

Howmet Aerospace Company Profile

(Get Free Report)

Howmet Aerospace Inc (NYSE:HWM) is an aerospace and industrial products company that develops and manufactures advanced engineered components and systems. Its products are used primarily in commercial and defense aircraft, aircraft engines, and other transportation and industrial applications.

The company’s principal businesses include engine products, fastening systems, engineered structures, and forged wheels. Its offerings include forged and cast engine components, airfoils, titanium and nickel-based parts, aerospace structural components, specialized fasteners, and forged aluminum wheels for commercial transportation.

See Also

Analyst Recommendations for Howmet Aerospace (NYSE:HWM)

Receive News & Ratings for Howmet Aerospace Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Howmet Aerospace and related companies with MarketBeat.com's FREE daily email newsletter.