KeyCorp Predicts Increased Earnings for Howmet Aerospace

Howmet Aerospace Inc. (NYSE:HWM) – Equities research analysts at KeyCorp upped their FY2026 earnings per share (EPS) estimates for Howmet Aerospace in a research report issued to clients and investors on Monday, June 29th. KeyCorp analyst S. Mckinney now forecasts that the company will post earnings per share of $5.05 for the year, up from their previous estimate of $4.57. KeyCorp has a “Sector Weight” rating on the stock. The consensus estimate for Howmet Aerospace’s current full-year earnings is $5.04 per share. KeyCorp also issued estimates for Howmet Aerospace’s FY2027 earnings at $5.95 EPS.

Howmet Aerospace (NYSE:HWM) last announced its quarterly earnings data on Thursday, May 7th. The company reported $1.22 EPS for the quarter, beating the consensus estimate of $1.11 by $0.11. The firm had revenue of $2.31 billion during the quarter, compared to analyst estimates of $2.24 billion. Howmet Aerospace had a net margin of 20.23% and a return on equity of 29.27%. Howmet Aerospace’s revenue was up 19.1% on a year-over-year basis. During the same period last year, the firm posted $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.

HWM has been the topic of a number of other reports. Morgan Stanley reissued an “overweight” rating and set a $315.00 price objective on shares of Howmet Aerospace in a report on Friday, May 8th. Wall Street Zen upgraded shares of Howmet Aerospace from a “buy” rating to a “strong-buy” rating in a report on Saturday, June 27th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $320.00 price objective on shares of Howmet Aerospace in a research note on Friday, May 8th. Wolfe Research set a $270.00 price objective on shares of Howmet Aerospace and gave the company an “outperform” rating in a report on Wednesday, March 11th. Finally, Sanford C. Bernstein reiterated an “outperform” rating and issued a $318.00 price objective on shares of Howmet Aerospace in a research note on Tuesday, June 16th. Eighteen research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $287.95.

Howmet Aerospace Trading Down 0.6%

Shares of Howmet Aerospace stock opened at $267.35 on Thursday. The firm’s 50 day simple moving average is $260.35 and its two-hundred day simple moving average is $241.06. The firm has a market capitalization of $106.97 billion, a price-to-earnings ratio of 62.03, a PEG ratio of 2.13 and a beta of 1.19. Howmet Aerospace has a 12-month low of $169.45 and a 12-month high of $290.63. The company has a current ratio of 2.44, a quick ratio of 1.59 and a debt-to-equity ratio of 0.73.

Howmet Aerospace Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, May 26th. Stockholders of record on Friday, May 8th were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend was Friday, May 8th. Howmet Aerospace’s payout ratio is 11.14%.

Insider Activity

In related news, EVP Neil Edward Marchuk sold 41,932 shares of the business’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of $269.50, for a total value of $11,300,674.00. Following the completion of the transaction, the executive vice president directly owned 65,105 shares in the company, valued at $17,545,797.50. The trade was a 39.18% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.85% of the stock is currently owned by corporate insiders.

Institutional Trading of Howmet Aerospace

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Newbridge Financial Services Group Inc. raised its position in shares of Howmet Aerospace by 119.7% in the second quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock worth $25,000 after acquiring an additional 73 shares during the period. Acumen Wealth Advisors LLC acquired a new stake in shares of Howmet Aerospace during the 4th quarter valued at about $25,000. Sound Income Strategies LLC grew its position in shares of Howmet Aerospace by 66.7% during the 4th quarter. Sound Income Strategies LLC now owns 125 shares of the company’s stock valued at $28,000 after acquiring an additional 50 shares during the period. Cornerstone Financial Management LLC purchased a new position in shares of Howmet Aerospace in the 4th quarter valued at about $28,000. Finally, Vermillion & White Wealth Management Group LLC raised its holdings in Howmet Aerospace by 65.1% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 137 shares of the company’s stock worth $28,000 after purchasing an additional 54 shares during the period. Institutional investors and hedge funds own 90.46% of the company’s stock.

About Howmet Aerospace

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.