Howmet Aerospace (NYSE:HWM) Hits New 12-Month High Following Strong Earnings

Howmet Aerospace Inc. (NYSE:HWM)’s share price hit a new 52-week high during trading on Thursday after the company announced better than expected quarterly earnings. The company traded as high as $280.23 and last traded at $274.3160, with a volume of 650464 shares. The stock had previously closed at $256.43.

The company reported $1.22 EPS for the quarter, topping the consensus estimate of $1.11 by $0.11. The business had revenue of $2.31 billion for the quarter, compared to analyst estimates of $2.24 billion. Howmet Aerospace had a return on equity of 30.41% and a net margin of 18.27%.The company’s quarterly revenue was up 19.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.86 EPS. 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.

Howmet Aerospace Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, May 26th. Stockholders of record on Friday, May 8th will be paid a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, May 8th. This represents a $0.48 annualized dividend and a dividend yield of 0.2%. Howmet Aerospace’s payout ratio is 12.94%.

Key Stories Impacting Howmet Aerospace

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

• Positive Sentiment: Q1 results beat and strong margins — Adjusted EPS $1.22 beat consensus (~$1.11) and revenue $2.31B topped estimates; operating margins and ROE improved meaningfully, supporting higher valuation multiples. Howmet Aerospace Reports First Quarter 2026 Results
• Positive Sentiment: Upgraded guidance — Q2 EPS guidance raised to $1.220–1.240 (vs. consensus ~$1.160) and FY2026 EPS raised to $4.880–5.000 (vs. consensus ~$4.64); revenue guide also above prior expectations, legitimizing the beat and supporting forward estimates. Guidance Detail
• Positive Sentiment: Strong cash generation and buybacks — record cash from operations and free cash flow, with $300M deployed to repurchases, which boosts return of capital and EPS support. Cash Flow & Buybacks
• Neutral Sentiment: Acquisition activity — completed the $1.8B acquisition of Consolidated Aerospace Manufacturing (CAM) and secured financing; expands capabilities but increases complexity and leverage. Acquisition Note
• Neutral Sentiment: Investor interest and coverage — mentions in IBD and analyst previews may draw buyer attention ahead of/after earnings. IBD Coverage
• Negative Sentiment: Lingering operational risks — analysts note ongoing supply-chain issues and transport softness that could pressure execution or near-term growth despite strong demand. Earnings Preview / Risks

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on HWM shares. Royal Bank Of Canada upped their target price on Howmet Aerospace from $275.00 to $300.00 and gave the company an “outperform” rating in a research note on Wednesday, March 11th. The Goldman Sachs Group set a $228.00 target price on Howmet Aerospace in a research note on Tuesday, February 17th. BTIG Research reissued a “buy” rating and set a $275.00 price target on shares of Howmet Aerospace in a research note on Tuesday, March 17th. Morgan Stanley restated an “overweight” rating and issued a $280.00 price target on shares of Howmet Aerospace in a report on Friday, February 13th. Finally, Wells Fargo & Company initiated coverage on shares of Howmet Aerospace in a research note on Wednesday, April 1st. They set an “equal weight” rating and a $240.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Howmet Aerospace has a consensus rating of “Moderate Buy” and an average target price of $266.89.

Insider Buying and Selling at Howmet Aerospace

In related news, EVP Neil Edward Marchuk sold 45,150 shares of the stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $251.70, for a total value of $11,364,255.00. Following the transaction, the executive vice president directly owned 107,008 shares of the company’s stock, valued at approximately $26,933,913.60. This trade represents a 29.67% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Barbara Lou Shultz sold 1,000 shares of the stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $260.00, for a total value of $260,000.00. Following the completion of the transaction, the vice president directly owned 23,874 shares in the company, valued at $6,207,240. This trade represents a 4.02% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.85% of the company’s stock.

Institutional Trading of Howmet Aerospace

Institutional investors have recently added to or reduced their stakes in the business. Brighton Jones LLC boosted its holdings in shares of Howmet Aerospace by 5.4% in the 4th quarter. Brighton Jones LLC now owns 2,548 shares of the company’s stock valued at $279,000 after buying an additional 130 shares during the period. Acadian Asset Management LLC acquired a new position in shares of Howmet Aerospace in the 1st quarter valued at about $399,000. Sivia Capital Partners LLC acquired a new position in shares of Howmet Aerospace in the 2nd quarter valued at about $216,000. Brown Advisory Inc. boosted its holdings in shares of Howmet Aerospace by 31.0% in the 2nd quarter. Brown Advisory Inc. now owns 4,180 shares of the company’s stock valued at $778,000 after buying an additional 990 shares during the period. Finally, Cary Street Partners Financial LLC acquired a new position in shares of Howmet Aerospace in the 2nd quarter valued at about $145,000. Institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Price Performance

The company’s fifty day moving average price is $245.66 and its 200 day moving average price is $222.97. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.09 and a current ratio of 2.13. The firm has a market capitalization of $110.70 billion, a price-to-earnings ratio of 74.65, a price-to-earnings-growth ratio of 2.24 and a beta of 1.19.

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.