Wells Fargo & Company Upgrades Howmet Aerospace (NYSE:HWM) to “Hold”

Howmet Aerospace (NYSE:HWM) was upgraded by equities researchers at Wells Fargo & Company to a “hold” rating in a research report issued on Tuesday,Zacks.com reports.

Other analysts have also recently issued reports about the company. Jefferies Financial Group restated a “buy” rating and issued a $315.00 price target on shares of Howmet Aerospace in a research note on Sunday, February 15th. Royal Bank Of Canada lifted their price target on shares of Howmet Aerospace from $275.00 to $300.00 and gave the stock 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 report on Tuesday, February 17th. KeyCorp started coverage on Howmet Aerospace in a report on Wednesday, March 25th. They issued a “sector weight” rating for the company. Finally, JPMorgan Chase & Co. increased their price target on shares of Howmet Aerospace from $227.00 to $265.00 and gave the stock an “overweight” rating in a research note on Thursday, February 19th. One research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $260.90.

Howmet Aerospace Trading Up 3.8%

Shares of HWM stock opened at $239.28 on Tuesday. The company has a current ratio of 2.13, a quick ratio of 1.09 and a debt-to-equity ratio of 0.53. The stock has a market cap of $95.94 billion, a price-to-earnings ratio of 64.50, a PEG ratio of 2.13 and a beta of 1.21. The company’s 50-day moving average price is $237.40 and its 200-day moving average price is $213.86. Howmet Aerospace has a twelve month low of $105.04 and a twelve month high of $267.31.

Howmet Aerospace (NYSE:HWM) last announced its quarterly earnings results on Thursday, February 12th. The company reported $1.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.97 by $0.08. The business had revenue of $2.17 billion during the quarter, compared to the consensus estimate of $2.12 billion. Howmet Aerospace had a net margin of 18.27% and a return on equity of 30.41%. The business’s revenue was up 14.6% compared to the same quarter last year. During the same quarter last year, the firm earned $0.77 EPS. Howmet Aerospace has set its Q1 2026 guidance at 1.090-1.110 EPS and its FY 2026 guidance at 4.350-4.550 EPS. As a group, equities analysts predict that Howmet Aerospace will post 3.27 earnings per share for the current year.

Insiders Place Their Bets

In other news, VP Barbara Lou Shultz sold 1,000 shares of the company’s stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $260.00, for a total transaction of $260,000.00. Following the transaction, the vice president directly owned 23,874 shares of the company’s stock, valued at $6,207,240. This represents a 4.02% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Neil Edward Marchuk sold 45,150 shares of the firm’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $251.70, for a total transaction of $11,364,255.00. Following the completion of the sale, the executive vice president owned 107,008 shares of the company’s stock, valued at $26,933,913.60. This trade represents a 29.67% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.04% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Howmet Aerospace

A number of institutional investors and hedge funds have recently modified their holdings of HWM. Acumen Wealth Advisors LLC acquired a new position in Howmet Aerospace during the fourth quarter worth $25,000. Sound Income Strategies LLC increased its position in shares of Howmet Aerospace by 66.7% in the fourth quarter. Sound Income Strategies LLC now owns 125 shares of the company’s stock valued at $28,000 after buying an additional 50 shares in the last quarter. Newbridge Financial Services Group Inc. boosted its position in shares of Howmet Aerospace by 119.7% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock worth $25,000 after buying an additional 73 shares in the last quarter. Vermillion & White Wealth Management Group LLC grew its stake 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 valued at $28,000 after acquiring an additional 54 shares during the last quarter. Finally, Mcguire Capital Advisors Inc. acquired a new stake in Howmet Aerospace in the 4th quarter valued at about $28,000. 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.