Howmet Aerospace (NYSE:HWM) Shares Gap Down – Here’s What Happened

Howmet Aerospace Inc. (NYSE:HWM) gapped down prior to trading on Monday . The stock had previously closed at $264.85, but opened at $248.25. Howmet Aerospace shares last traded at $247.7480, with a volume of 780,460 shares.

More Howmet Aerospace News

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

• Positive Sentiment: Two analysts recommended buying the dip, arguing that SpaceX’s planned in-house turbine-blade production is unlikely to materially damage Howmet’s existing commercial aerospace and industrial businesses. One aerospace stock got hit by a SpaceX announcement. Two analysts say buy the dip
• Positive Sentiment: Analysts have maintained an upbeat view as the stock appears technically oversold following a 14.5% four-week decline. Continued upward earnings-estimate revisions support the possibility of a near-term recovery. Down 14.5% in 4 Weeks, Here’s Why Howmet Looks Ripe for a Turnaround
• Positive Sentiment: Howmet’s latest results showed strong momentum, with quarterly revenue up 24.1% year over year and adjusted earnings exceeding expectations. Its 2026 earnings outlook remains supportive of the bullish case.
• Neutral Sentiment: Bernstein sees little immediate threat from SpaceX’s turbine-blade plans, suggesting the market reaction may have been excessive, although the announcement introduces a longer-term competitive risk. Bernstein sees little threat to Howmet from SpaceX’s turbine-blade plans
• Negative Sentiment: SpaceX’s plan to cast turbine blades internally sparked concerns about lost future business and caused Howmet shares to suffer their steepest decline in roughly 16 months. Howmet slides after SpaceX unveils turbine-blade casting plan
• Negative Sentiment: Options activity reflected heightened downside hedging, with put-option purchases running well above normal levels as traders responded to the SpaceX news.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on HWM. Zacks Research upgraded shares of Howmet Aerospace from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 12th. Weiss Ratings upgraded shares of Howmet Aerospace from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, August 19th. BNP Paribas Exane reissued an “outperform” rating and issued a $340.00 target price (up from $265.00) on shares of Howmet Aerospace in a research note on Friday, May 8th. Susquehanna boosted their price target on Howmet Aerospace from $330.00 to $340.00 and gave the company a “positive” rating in a report on Friday, August 7th. Finally, Royal Bank Of Canada upped their price target on Howmet Aerospace from $325.00 to $350.00 and gave the company an “outperform” rating in a research report on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, Howmet Aerospace has a consensus rating of “Moderate Buy” and a consensus target price of $316.22.

Howmet Aerospace Price Performance

The stock has a market cap of $102.01 billion, a P/E ratio of 54.95, a price-to-earnings-growth ratio of 1.75 and a beta of 1.19. The firm has a 50-day moving average price of $276.30 and a 200-day moving average price of $261.04. 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 (NYSE:HWM) last released its quarterly earnings results on Thursday, August 6th. The company reported $1.33 earnings per share for the quarter, beating the consensus estimate of $1.24 by $0.09. The company had revenue of $2.55 billion for the quarter, compared to analyst estimates of $2.43 billion. Howmet Aerospace had a return on equity of 33.91% and a net margin of 20.52%.The firm’s revenue was up 24.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.91 earnings per share. 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, analysts forecast that Howmet Aerospace Inc. will post 5.33 earnings per share for the current fiscal year.

Howmet Aerospace Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, August 25th. Stockholders of record on Friday, August 7th were issued a dividend of $0.14 per share. This is a boost from Howmet Aerospace’s previous quarterly dividend of $0.12. The ex-dividend date was Friday, August 7th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.2%. Howmet Aerospace’s dividend payout ratio (DPR) is presently 12.07%.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. Newbridge Financial Services Group Inc. grew its holdings in Howmet Aerospace by 119.7% in the second quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock worth $25,000 after purchasing an additional 73 shares during the period. Acumen Wealth Advisors LLC bought a new stake in shares of Howmet Aerospace in the 4th quarter worth approximately $25,000. West Paces Advisors Inc. bought a new stake in shares of Howmet Aerospace in the 2nd quarter worth approximately $27,000. Cornerstone Financial Management LLC purchased a new stake in shares of Howmet Aerospace in the 4th quarter worth approximately $28,000. Finally, Vermillion & White Wealth Management Group LLC grew its stake in shares of Howmet Aerospace by 65.1% in 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 last quarter. 90.46% of the stock is currently owned by institutional investors.

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.