Howmet Aerospace (NYSE:HWM) Price Target Raised to $328.00 at Sanford C. Bernstein

Howmet Aerospace (NYSE:HWM) had its target price raised by Sanford C. Bernstein from $318.00 to $328.00 in a research report issued on Monday,Benzinga reports. The brokerage presently has an “outperform” rating on the stock. Sanford C. Bernstein’s price objective indicates a potential upside of 23.43% from the company’s current price.

Other equities analysts have also issued reports about the stock. JPMorgan Chase & Co. increased their price objective on shares of Howmet Aerospace from $310.00 to $350.00 and gave the company an “overweight” rating in a report on Monday, August 10th. Royal Bank Of Canada raised their price target on Howmet Aerospace from $325.00 to $350.00 and gave the stock an “outperform” rating in a research report on Friday, August 7th. BTIG Research lifted their price objective on Howmet Aerospace from $300.00 to $340.00 and gave the stock a “buy” rating in a research note on Monday, August 10th. Weiss Ratings upgraded Howmet Aerospace from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $320.00 target price on shares of Howmet Aerospace in a research note on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Howmet Aerospace currently has a consensus rating of “Moderate Buy” and an average price target of $316.22.

Howmet Aerospace Trading Down 2.2%

NYSE:HWM traded down $5.93 on Monday, hitting $265.75. 259,659 shares of the stock were exchanged, compared to its average volume of 2,568,114. 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 52 week low of $170.81 and a 52 week high of $310.00. The stock has a market capitalization of $106.33 billion, a price-to-earnings ratio of 57.57, a P/E/G ratio of 1.94 and a beta of 1.20. The company’s 50-day moving average price is $278.62 and its 200 day moving average price is $258.98.

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 the consensus estimate of $1.24 by $0.09. Howmet Aerospace had a net margin of 20.52% and a return on equity of 33.91%. The company had revenue of $2.55 billion for the quarter, compared to analyst estimates of $2.43 billion. During the same quarter last year, the firm earned $0.91 EPS. The company’s revenue for the quarter was up 24.1% on a year-over-year basis. 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. On average, equities research analysts forecast that Howmet Aerospace will post 5.33 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Newbridge Financial Services Group Inc. lifted its holdings in shares of Howmet Aerospace by 119.7% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock valued at $25,000 after purchasing an additional 73 shares in the last quarter. Acumen Wealth Advisors LLC bought a new stake in Howmet Aerospace during the 4th quarter worth approximately $25,000. West Paces Advisors Inc. bought a new stake in Howmet Aerospace during the 2nd quarter worth approximately $27,000. Cornerstone Financial Management LLC acquired a new stake in Howmet Aerospace during the 4th quarter worth approximately $28,000. Finally, Vermillion & White Wealth Management Group LLC raised its holdings in 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 buying an additional 54 shares during the period. 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.