Citigroup Cuts Howmet Aerospace (NYSE:HWM) Price Target to $271.00

Howmet Aerospace (NYSE:HWM) had its price target cut by analysts at Citigroup from $283.00 to $271.00 in a research report issued on Thursday,Benzinga reports. The firm currently has a “buy” rating on the stock. Citigroup’s price target points to a potential upside of 15.57% from the stock’s current price.

HWM has been the topic of several other research reports. Deutsche Bank Aktiengesellschaft set a $278.00 target price on shares of Howmet Aerospace and gave the stock a “buy” rating in a report on Friday, February 13th. BTIG Research reissued a “buy” rating and issued a $275.00 price target on shares of Howmet Aerospace in a report on Tuesday, March 17th. Susquehanna boosted their price objective on shares of Howmet Aerospace from $255.00 to $290.00 and gave the company a “positive” rating in a research report on Friday, February 13th. KeyCorp assumed coverage on shares of Howmet Aerospace in a report on Wednesday, March 25th. They set a “sector weight” rating for the company. Finally, The Goldman Sachs Group set a $228.00 target price on Howmet Aerospace in a research note on Tuesday, February 17th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $260.30.

Howmet Aerospace Price Performance

Shares of HWM traded down $4.56 during midday trading on Thursday, reaching $234.48. The stock had a trading volume of 488,927 shares, compared to its average volume of 2,650,256. 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 company has a market capitalization of $94.01 billion, a price-to-earnings ratio of 63.45, a price-to-earnings-growth ratio of 2.13 and a beta of 1.21. The company’s 50-day moving average is $237.40 and its 200 day moving average is $213.86. Howmet Aerospace has a 12-month low of $105.04 and a 12-month high of $267.31.

Howmet Aerospace (NYSE:HWM) last released its earnings results on Thursday, February 12th. The company reported $1.05 earnings per share for the quarter, topping analysts’ consensus estimates of $0.97 by $0.08. The company had revenue of $2.17 billion during the quarter, compared to the consensus estimate of $2.12 billion. Howmet Aerospace had a return on equity of 30.41% and a net margin of 18.27%.Howmet Aerospace’s quarterly revenue was up 14.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $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. On average, equities analysts predict that Howmet Aerospace will post 3.27 EPS for the current fiscal year.

Insider Buying and Selling at Howmet Aerospace

In related news, VP Barbara Lou Shultz sold 1,000 shares of the company’s stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $260.00, for a total value of $260,000.00. Following the sale, 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Neil Edward Marchuk sold 45,150 shares of the stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $251.70, for a total value of $11,364,255.00. Following the completion of 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 SEC filing for this sale provides additional information. 1.04% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in HWM. Brighton Jones LLC boosted its stake in 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 purchasing an additional 130 shares in the last quarter. Acadian Asset Management LLC bought a new stake in shares of Howmet Aerospace during the first quarter valued at approximately $399,000. Sivia Capital Partners LLC purchased a new position in Howmet Aerospace in the 2nd quarter worth approximately $216,000. Quadrant Capital Group LLC lifted its position in Howmet Aerospace by 26.1% in the 2nd quarter. Quadrant Capital Group LLC now owns 1,506 shares of the company’s stock valued at $280,000 after acquiring an additional 312 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in shares of Howmet Aerospace by 109.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 6,955 shares of the company’s stock worth $1,295,000 after purchasing an additional 3,628 shares in the last quarter. 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.