Howmet Aerospace (NYSE:HWM) Stock Gets Price Target Cut from TD Cowen

Howmet Aerospace (NYSE:HWM) had its price target cut by TD Cowen from $320.00 to $280.00 in a research note released on Friday morning,Benzinga reports. The firm currently has a buy rating on the stock.

A number of other equities research analysts have also issued reports on HWM. BTIG Research increased their target price on shares of Howmet Aerospace from $300.00 to $340.00 and gave the stock a “buy” rating in a report on Monday, August 10th. Zacks Research raised shares of Howmet Aerospace from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 12th. UBS Group boosted their price target on shares of Howmet Aerospace from $299.00 to $326.00 and gave the stock a “neutral” rating in a research note on Friday, August 7th. Weiss Ratings upgraded shares of Howmet Aerospace from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, August 19th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and set a $298.00 price objective (down from $328.00) on shares of Howmet Aerospace in a research report on Wednesday. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $312.67.

Howmet Aerospace Stock Down 0.1%

Shares of HWM opened at $224.94 on Friday. The company’s 50-day simple moving average is $252.07 and its 200-day simple moving average is $257.55. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.87 and a current ratio of 1.82. Howmet Aerospace has a 1 year low of $183.83 and a 1 year high of $310.00. The stock has a market capitalization of $90.00 billion, a PE ratio of 48.48, a P/E/G ratio of 2.03 and a beta of 1.21.

Howmet Aerospace (NYSE:HWM) last announced its quarterly earnings data on Thursday, August 6th. The company reported $1.33 earnings per share for the quarter, beating analysts’ consensus estimates of $1.24 by $0.09. The firm had revenue of $2.55 billion during the quarter, compared to analysts’ expectations of $2.43 billion. Howmet Aerospace had a net margin of 20.52% and a return on equity of 33.91%. The business’s quarterly revenue was up 24.1% compared to the same quarter last year. During the same quarter in the previous year, the business 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. Analysts forecast that Howmet Aerospace will post 5.33 earnings per share for the current fiscal year.

Howmet Aerospace Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, August 25th. Stockholders of record on Friday, August 7th were paid a $0.14 dividend. This represents a $0.56 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Friday, August 7th. This is a boost from Howmet Aerospace’s previous quarterly dividend of $0.12. Howmet Aerospace’s dividend payout ratio (DPR) is 12.07%.

Hedge Funds Weigh In On Howmet Aerospace

A number of institutional investors and hedge funds have recently made changes to their positions in HWM. West Paces Advisors Inc. acquired a new stake in shares of Howmet Aerospace in the 2nd quarter valued at about $27,000. Cornerstone Financial Management LLC purchased a new position in Howmet Aerospace during the 4th quarter worth approximately $28,000. Bartlett & CO. Wealth Management LLC grew its stake 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 buying an additional 38 shares during the last quarter. Markowski Investments acquired a new position in Howmet Aerospace during the second quarter worth approximately $29,000. Finally, Retirement Wealth Solutions LLC increased its position in Howmet Aerospace by 328.1% during the third quarter. Retirement Wealth Solutions LLC now owns 137 shares of the company’s stock worth $31,000 after buying an additional 105 shares during the period. 90.46% of the stock is owned by institutional investors and hedge funds.

Howmet Aerospace News Summary

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

• Positive Sentiment: Howmet’s second-quarter adjusted EBITDA rose 39% year over year to $817 million, while its adjusted EBITDA margin expanded 340 basis points to 32.1%, supporting the investment case that the company can continue delivering earnings growth despite cost pressures. Can Howmet Sustain EBITDA Margin Momentum Amid Cost Pressures?
• Positive Sentiment: A bullish analysis upgraded HWM to Strong Buy with a $318 price target, citing durable demand from commercial aerospace and gas-turbine markets, expanding production backlogs through 2030, and potential revenue and margin benefits from the CAM and Brunner acquisitions. Howmet Aerospace: Power Demand Set To Deliver Durable Growth Over The Coming Years
• Positive Sentiment: Howmet outperformed the broader market in the most recent session, indicating continued investor interest in the company’s earnings growth and aerospace exposure. Howmet Outpaces Stock Market Gains: What You Should Know
• Neutral Sentiment: BNP Paribas Exane lowered its price target from $345 to $310 but maintained an Outperform rating. The revised target still implies substantial upside, although the reduction signals more cautious valuation expectations.
• Neutral Sentiment: TD Cowen cut its target from $320 to $280 while retaining a Buy rating, reflecting a lower near-term valuation view but continued confidence in HWM’s longer-term prospects. TD Cowen price-target update
• Negative Sentiment: Put-option activity was unusually elevated, with traders purchasing 10,794 contracts—more than twice the average volume. This may indicate increased hedging or bearish speculation and could temper near-term sentiment.

About Howmet Aerospace

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.