Howmet Aerospace (NYSE:HWM) Updates FY 2026 Earnings Guidance

Howmet Aerospace (NYSE:HWM) updated its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 5.230-5.310 for the period, compared to the consensus earnings per share estimate of 5.060. The company issued revenue guidance of $10.0 billion-$10.1 billion, compared to the consensus revenue estimate of $9.7 billion. Howmet Aerospace also updated its Q3 2026 guidance to 1.340-1.360 EPS.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on HWM. BTIG Research boosted their price objective on shares of Howmet Aerospace from $275.00 to $300.00 and gave the company a “buy” rating in a report on Friday, May 8th. JPMorgan Chase & Co. boosted their target price on shares of Howmet Aerospace from $265.00 to $310.00 and gave the stock an “overweight” rating in a report on Monday, May 11th. BNP Paribas Exane reaffirmed an “outperform” rating and set a $340.00 target price (up from $265.00) on shares of Howmet Aerospace in a research note on Friday, May 8th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $320.00 price objective on shares of Howmet Aerospace in a report on Friday, May 8th. Finally, Weiss Ratings downgraded Howmet Aerospace from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday. Sixteen equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $304.28.

Howmet Aerospace Trading Down 2.5%

Shares of HWM stock opened at $282.42 on Friday. The stock’s 50 day simple moving average is $272.81 and its two-hundred day simple moving average is $253.96. Howmet Aerospace has a 1 year low of $169.45 and a 1 year high of $310.00. The company has a market cap of $113.00 billion, a PE ratio of 60.87, a price-to-earnings-growth ratio of 2.18 and a beta of 1.20. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.82 and a quick ratio of 1.59.

Howmet Aerospace (NYSE:HWM) last issued its earnings results on Thursday, August 6th. The company reported $1.33 earnings per share (EPS) 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 analyst estimates of $2.43 billion. Howmet Aerospace had a net margin of 20.52% and a return on equity of 33.91%. The business’s revenue was up 24.1% on a year-over-year basis. During the same period in the previous year, the firm earned $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. Research analysts predict that Howmet Aerospace will post 5.27 earnings per share for the current year.

Howmet Aerospace Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, August 25th. Stockholders of record on Friday, August 7th will be given a $0.14 dividend. This represents a $0.56 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Friday, August 7th. This is a boost from Howmet Aerospace’s previous quarterly dividend of $0.12. Howmet Aerospace’s dividend payout ratio is currently 11.14%.

Insider Activity

In related news, EVP Neil Edward Marchuk sold 41,932 shares of Howmet Aerospace stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $269.50, for a total transaction of $11,300,674.00. Following the transaction, the executive vice president directly owned 65,105 shares of the company’s stock, valued at $17,545,797.50. This trade represents a 39.18% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 0.85% of the company’s stock.

Trending Headlines about Howmet Aerospace

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

• Positive Sentiment: Strong Q2 performance: Howmet reported revenue of $2.55 billion, up 24% year over year, and adjusted EPS of $1.33, exceeding the $1.24 analyst consensus. Operating margins, cash flow and adjusted EBITDA also improved significantly. Howmet Aerospace Reports Second Quarter 2026 Results
• Positive Sentiment: Raised 2026 outlook: The company now expects full-year EPS of $5.23-$5.31 and revenue of approximately $10.0-$10.1 billion, above consensus estimates. Third-quarter EPS guidance of $1.34-$1.36 also exceeds expectations. HWM Q2 Earnings Beat Estimates on Aerospace, Turbine Growth
• Positive Sentiment: Favorable demand trends: Rising commercial aircraft production, aftermarket spares demand and gas-turbine activity are supporting capacity expansion and growth into 2027. Howmet also generated $479 million in free cash flow and repurchased $300 million of stock during the quarter. HWM Q2 Earnings Call Centers on Capacity and Higher Outlook
• Positive Sentiment: Analyst support: Susquehanna raised its price target from $330 to $340 and assigned a positive rating, implying meaningful potential upside from the recent trading level. Benzinga analyst price-target report
• Neutral Sentiment: Howmet completed its $1.8 billion CAM acquisition and increased its quarterly dividend by 17% to $0.14 per share. The acquisition expands the company’s capabilities but also increases integration and execution requirements.
• Negative Sentiment: The stock’s pullback may reflect valuation and profit-taking concerns: HWM has risen sharply over the past year, trades at a high earnings multiple, and investors may have expected strong results following the recent rally. Higher capital spending to expand capacity could also limit near-term free cash flow.

Institutional Investors Weigh In On Howmet Aerospace

Institutional investors have recently added to or reduced their stakes in the stock. Brighton Jones LLC grew its position 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 worth $279,000 after buying an additional 130 shares during the last quarter. Acadian Asset Management LLC acquired a new position in shares of Howmet Aerospace during the first quarter worth $399,000. Sivia Capital Partners LLC purchased a new stake in shares of Howmet Aerospace during the 2nd quarter valued at $216,000. Brown Advisory Inc. grew its stake in Howmet Aerospace by 31.0% during the 2nd quarter. Brown Advisory Inc. now owns 4,180 shares of the company’s stock worth $778,000 after buying an additional 990 shares during the last quarter. Finally, Cary Street Partners Financial LLC purchased a new position in shares of Howmet Aerospace in the 2nd quarter valued at approximately $145,000. 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.