Howmet Aerospace (NYSE:HWM) Releases Q2 2026 Earnings Guidance

Howmet Aerospace (NYSE:HWM) updated its second quarter 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 1.220-1.240 for the period, compared to the consensus estimate of 1.160. The company issued revenue guidance of $2.4 billion-$2.4 billion, compared to the consensus revenue estimate of $2.4 billion. Howmet Aerospace also updated its FY 2026 guidance to 4.880-5.000 EPS.

Howmet Aerospace Trading Down 0.8%

NYSE HWM traded down $2.21 during mid-day trading on Friday, reaching $270.33. 3,185,902 shares of the stock were exchanged, compared to its average volume of 2,567,107. Howmet Aerospace has a 1-year low of $154.72 and a 1-year high of $280.74. The business’s fifty day simple moving average is $245.89 and its 200 day simple moving average is $223.56. The stock has a market capitalization of $108.33 billion, a PE ratio of 72.87, a PEG ratio of 2.37 and a beta of 1.19. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.09 and a current ratio of 2.13.

Howmet Aerospace (NYSE:HWM) last announced its earnings results on Thursday, May 7th. The company reported $1.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.11 by $0.11. Howmet Aerospace had a net margin of 18.27% and a return on equity of 30.41%. The firm had revenue of $2.31 billion for the quarter, compared to analyst estimates of $2.24 billion. During the same quarter last year, the business earned $0.86 earnings per share. Howmet Aerospace’s revenue was up 19.1% compared to the same quarter last year. 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. On average, research analysts anticipate that Howmet Aerospace will post 4.57 earnings per share for the current fiscal year.

Howmet Aerospace Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 26th. Investors of record on Friday, May 8th will be given a dividend of $0.12 per share. The ex-dividend date is Friday, May 8th. This represents a $0.48 dividend on an annualized basis and a yield of 0.2%. Howmet Aerospace’s dividend payout ratio (DPR) is 11.14%.

Wall Street Analyst Weigh In

HWM has been the topic of a number of analyst reports. The Goldman Sachs Group set a $228.00 target price on shares of Howmet Aerospace in a research report on Tuesday, February 17th. Citigroup decreased their price target on shares of Howmet Aerospace from $283.00 to $271.00 and set a “buy” rating on the stock in a report on Thursday, April 2nd. BNP Paribas Exane reiterated an “outperform” rating and issued a $340.00 price target (up from $265.00) on shares of Howmet Aerospace in a report on Friday. UBS Group reiterated a “neutral” rating and issued a $290.00 price target on shares of Howmet Aerospace in a report on Friday. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a $315.00 price target on shares of Howmet Aerospace in a report on Sunday, February 15th. Eighteen investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, Howmet Aerospace currently has an average rating of “Moderate Buy” and an average price target of $281.21.

Insiders Place Their Bets

In other news, EVP Neil Edward Marchuk sold 45,150 shares of the firm’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $251.70, for a total value of $11,364,255.00. Following the transaction, the executive vice president owned 107,008 shares of the company’s stock, valued at approximately $26,933,913.60. This trade represents a 29.67% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Barbara Lou Shultz sold 1,000 shares of the firm’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 completion of the transaction, the vice president directly owned 23,874 shares in the company, valued at approximately $6,207,240. This represents a 4.02% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.85% of the company’s stock.

Howmet Aerospace News Summary

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

• Positive Sentiment: BNP Paribas Exane reaffirmed its outperform rating and raised its price target to $340 from $265, implying meaningful upside from current levels. BNP Paribas Exane raises HWM target
• Positive Sentiment: Susquehanna raised its price target to $330 from $300 and kept a positive rating, citing improved outlook. Susquehanna raises HWM target
• Positive Sentiment: BTIG increased its target to $300 from $275 and reiterated a buy rating, reflecting confidence in the company’s growth trajectory. BTIG raises HWM target
• Positive Sentiment: Howmet’s earnings beat and raised guidance have helped drive the stock higher, with reports highlighting a breakout on demand-driven results. Howmet surges after Q1 beat article

Hedge Funds Weigh In On Howmet Aerospace

A number of hedge funds have recently made changes to their positions in the business. Mcguire Capital Advisors Inc. purchased a new position in shares of Howmet Aerospace in the 4th quarter valued at $28,000. Compound Planning Inc. raised its stake in shares of Howmet Aerospace by 2.3% in the 4th quarter. Compound Planning Inc. now owns 8,013 shares of the company’s stock valued at $1,643,000 after acquiring an additional 181 shares during the period. Axxcess Wealth Management LLC raised its stake in shares of Howmet Aerospace by 59.2% in the 4th quarter. Axxcess Wealth Management LLC now owns 17,084 shares of the company’s stock valued at $3,503,000 after acquiring an additional 6,352 shares during the period. Corient Private Wealth LLC raised its stake in shares of Howmet Aerospace by 115.8% in the 4th quarter. Corient Private Wealth LLC now owns 97,380 shares of the company’s stock valued at $19,965,000 after acquiring an additional 52,246 shares during the period. Finally, Strive Financial Group LLC purchased a new position in shares of Howmet Aerospace in the 4th quarter valued at $99,000. Hedge funds and other institutional investors 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.