Howmet Aerospace
HWM

$91.44

2.94%

Market Cap: $37.3B

About: Howmet Aerospace Inc produces products that are majorly used in aerospace, commercial transportation, and industrial and other markets. The company seeks to provide its customers with solutions through offering differentiated products such as airfoils with cooling and coatings for extreme temperature applications, specially designed fasteners for lightweight composite airframe construction, reduced assembly costs, and lightning strike protection and lightweight aluminum commercial wheels. It has four reportable segments namely, Engine Products, Fastening Systems, Engineered Structures and Forged Wheels.

Employees: 23,200

Materials Rolling Drawing & Extruding of Nonferrous Metals

0

Funds holding %

of 6,686 funds

0

Analysts bullish %

of 10 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

152% more first-time investments, than exits

New positions opened: 154 | Existing positions closed: 61

126% more call options, than puts

Call options by funds: $115M | Put options by funds: $50.8M

15% more capital invested

Capital invested by funds: $25.2B [Q1] → $28.9B (+$3.75B) [Q2]

14% more funds holding

Funds holding: 687 [Q1] → 780 (+93) [Q2]

10% more repeat investments, than reductions

Existing positions increased: 276 | Existing positions reduced: 250

1.35% more ownership

Funds ownership: 89.89% [Q1] → 91.25% (+1.35%) [Q2]

17% less funds holding in top 10

Funds holding in top 10: 6 [Q1] → 5 (-1) [Q2]

See Fund Rankings

Research analyst outlook

10 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$70

23%

downside

Avg. target

$100

9%

upside

High target

$115

26%

upside

10 analyst ratings

9 positive

90%

0 neutral

0%

1 negative

10%

Barclays David Strauss 79% 1-year accuracy 15 / 19 met price target	9%upside $100	Overweight Maintained	5 Aug 2024
BTIG Andre Madrid 62% 1-year accuracy 8 / 13 met price target	26%upside $115	Buy Maintained	5 Aug 2024
Keybanc Philip Gibbs 64% 1-year accuracy 21 / 33 met price target	15%upside $105	Overweight Maintained	1 Aug 2024
JP Morgan Seth Seifman 77% 1-year accuracy 20 / 26 met price target	15%upside $105	Overweight Maintained	31 Jul 2024
Truist Securities Michael Ciarmoli 64% 1-year accuracy 37 / 58 met price target	15%upside $105	Buy Maintained	31 Jul 2024

See Analyst Rankings

Financial journalist opinion

Based on 13 articles about HWM published over the past 30 days

Howmet Aerospace Inc. (HWM) Jefferies 2024 Global Industrial Conference (Transcript)

Howmet Aerospace Inc. (NYSE:HWM ) Jefferies 2024 Global Industrial Conference September 5, 2024 10:25 AM ET Company Participants John Plant – Chairman and Chief Executive Officer Conference Call Participants Sheila Kahyaoglu – Jefferies Sheila Kahyaoglu Good morning, everyone. My name is Sheila Kahyaoglu, with the Jefferies Aerospace and Defense Equity Research team, and thank you for Howmet for supporting our conference.

Howmet Aerospace Inc. (HWM) Jefferies 2024 Global Industrial Conference (Transcript)

Zacks Investment Research

MPTI vs. HWM: Which Stock Is the Better Value Option?

Investors looking for stocks in the Engineering - R and D Services sector might want to consider either M-tron Industries, Inc. (MPTI) or Howmet (HWM). But which of these two stocks presents investors with the better value opportunity right now?

MPTI vs. HWM: Which Stock Is the Better Value Option?

Howmet Aerospace Preferred Stock: Investment Opportunity To Capitalize On Lower Interest Rates

Howmet Aerospace's 3.75% Cumulative Redeemable Preferred Stock Series A trades at a 37% discount to par value, offering a 5.95% effective dividend yield. The preferred stock's price decline is attributed to rising interest rates, making its yield less attractive compared to current market rates. With expected Fed rate cuts, the preferred stock's yield will become more compelling, presenting an opportunity for significant total returns.

Howmet Aerospace Preferred Stock: Investment Opportunity To Capitalize On Lower Interest Rates

Zacks Investment Research

Why Is Howmet (HWM) Up 0.9% Since Last Earnings Report?

Howmet (HWM) reported earnings 30 days ago. What's next for the stock?

Why Is Howmet (HWM) Up 0.9% Since Last Earnings Report?

Zacks Investment Research

Here's Why it is Worth Investing in Howmet (HWM) Stock Now

Howmet (HWM) benefits from strength across its end markets, solid liquidity position and shareholder-friendly policies.

Here's Why it is Worth Investing in Howmet (HWM) Stock Now

Howmet Aerospace to Present at Jefferies Industrials Conference

PITTSBURGH--(BUSINESS WIRE)--Howmet Aerospace to Present at Jefferies Industrials Conference.

Howmet Aerospace to Present at Jefferies Industrials Conference

Zacks Investment Research

Is Howmet (HWM) a Buy as Wall Street Analysts Look Optimistic?

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

Is Howmet (HWM) a Buy as Wall Street Analysts Look Optimistic?

Zacks Investment Research

Are Construction Stocks Lagging Howmet Aerospace (HWM) This Year?

Here is how Howmet (HWM) and Primoris Services (PRIM) have performed compared to their sector so far this year.

Are Construction Stocks Lagging Howmet Aerospace (HWM) This Year?

Zacks Investment Research

New Strong Buy Stocks for August 20th

ZIM, HCA, MRX, SN and TWO have been added to the Zacks Rank #1 (Strong Buy) List on August 20, 2024.

New Strong Buy Stocks for August 20th

Howmet Aerospace: Robust Commercial Outlook And Strong Travel Demand

The strong air travel demand from the previous quarter continues into the current quarter. With commercial aerospace accounting for 52% of total revenue, this is anticipated to bolster HWM's outlook. Despite challenges with Boeing's production rate, HWM remains optimistic and has increased its expected build rate for Boeing's 737 aircraft. For its most recent 2Q24, HWM delivered strong earnings results, with revenue growing 14% year-over-year, driven by the commercial aerospace market. Additionally, margins also expanded.

Howmet Aerospace: Robust Commercial Outlook And Strong Travel Demand

See News Rankings