Zacks Research Upgrades Howmet Aerospace (NYSE:HWM) to Strong-Buy

Howmet Aerospace (NYSE:HWM) was upgraded by equities researchers at Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Wednesday,Zacks.com reports.

A number of other research analysts have also weighed in on the company. Wall Street Zen lowered Howmet Aerospace from a “strong-buy” rating to a “buy” rating in a report on Sunday, July 5th. Jefferies Financial Group reissued a “buy” rating and issued a $370.00 target price on shares of Howmet Aerospace in a report on Sunday. Citigroup restated a “buy” rating on shares of Howmet Aerospace in a research report on Wednesday. Weiss Ratings cut shares of Howmet Aerospace from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, August 5th. Finally, Wells Fargo & Company reiterated an “outperform” rating and issued a $315.00 price target on shares of Howmet Aerospace in a report on Monday. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $315.67.

Howmet Aerospace Trading Up 0.3%

NYSE HWM opened at $282.54 on Wednesday. The company has a quick ratio of 0.87, a current ratio of 1.82 and a debt-to-equity ratio of 0.71. The stock has a market capitalization of $113.05 billion, a P/E ratio of 60.89, a P/E/G ratio of 2.01 and a beta of 1.20. Howmet Aerospace has a 52-week low of $169.45 and a 52-week high of $310.00. The firm has a 50-day moving average price of $275.29 and a 200 day moving average price of $255.92.

Howmet Aerospace (NYSE:HWM) last released its earnings results 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 company had revenue of $2.55 billion for the quarter, compared to analysts’ expectations of $2.43 billion. Howmet Aerospace had a return on equity of 33.91% and a net margin of 20.52%.The firm’s quarterly revenue was up 24.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.91 EPS. 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 EPS for the current year.

Institutional Investors Weigh In On Howmet Aerospace

Large investors have recently added to or reduced their stakes in the business. Newbridge Financial Services Group Inc. raised its position in Howmet Aerospace by 119.7% during 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 last quarter. Acumen Wealth Advisors LLC acquired a new stake in shares of Howmet Aerospace in the fourth quarter valued at approximately $25,000. West Paces Advisors Inc. purchased a new position in shares of Howmet Aerospace during the 2nd quarter worth approximately $27,000. Cornerstone Financial Management LLC purchased a new position in shares of Howmet Aerospace during the 4th quarter worth approximately $28,000. Finally, Vermillion & White Wealth Management Group LLC raised its position in shares of Howmet Aerospace by 65.1% during 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 last quarter. 90.46% of the stock is owned by institutional investors and hedge funds.

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.