Inside the research

Howmet Aerospace Inc.

HWM Research profile · latest available data

Price overview

$232.48

▲ +3.10 (+1.4%)

52w hi$292.65
52w lo$183.71
Vol2.19M
As of25 Sep 2026

The Verdict

Hold

Our score -0.46

Short-0.42
Medium-0.60
Long-0.27

computed 2026-09-27

Key fundamentals

Howmet Aerospace Inc.

Industrials · Aerospace & Defense

Market cap$92.71B
Enterprise value$96.81B
Trailing P/E50.00x
Forward P/E36.00x
EV / EBITDA34.65x
P / S (ttm)10.17x
Profit margin20.5%
Return on equity34.7%
Revenue growth+24.1%
Earnings growth+33.0%
Debt / equity81.37

Layer Breakdown

LayerRawContribution
Fundamental+0.25
Sector-0.07
Technical-0.38
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-09-27

Business overview

Howmet Aerospace Inc. provides advanced engineered solutions for the aerospace and transportation industries in the United States, Japan, France, Germany, the United Kingdom, Mexico, Italy, Canada, Poland, China, and internationally. It operates through four segments: Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels. The Engine Products segment offers airfoils and seamless rolled rings primarily for aircraft engines and industrial gas turbines; and rotating and structural parts. The Fastening Systems segment produces aerospace fastening systems, as well as commercial transportation, industrial, and other fasteners; and latches, bearings, fluid fittings, and installation tools. The Engineered Structures segment provides titanium ingots and mill products, aluminum and nickel forgings, and machined components and assemblies for aerospace and defense applications; and titanium forgings, extrusions, and forming and machining services for airframe, wing, aero-engine, and landing gear components. The Forged Wheels segment offers forged aluminum wheels and related products for heavy-duty trucks and commercial transportation markets. The company was formerly known as Arconic Inc. Howmet Aerospace Inc. was founded in 1888 and is based in Pittsburgh, Pennsylvania.

United States · www.howmet.com

Risk Metrics

Beta vs SPX1.21
Corr SPX0.56
Annual vol34.8%
Annual ret+49.6%
Sharpe1.42
Max DD-23.2%

Window: 504 trading days (504 obs)

Analyst Coverage

Mean PT$296.03
High / Low$340.00 / $240.00
Median$300.00
Analysts21
Strong Buy4
Buy16
Hold3
Sell0
Strong Sell0

Recent rating actions

2026-05-08UBS→ Neutral
2026-05-08Susquehanna→ Positive
2026-05-08BTIG→ Buy
2026-05-08BNP Paribas→ Outperform
2026-04-02Citigroup→ Buy
2026-04-01Wells Fargo→ Equal-Weight

Material Events

DateEvent8-K
2026-08-06Earnings Release, Exhibitsread
2026-05-28Other Material Event, Exhibitsread
2026-05-26Shareholder Voteread
2026-05-07Earnings Release, Exhibitsread
2026-04-06Reg FD Disclosureread
2026-04-06Acquisition / Dispositionread
2026-03-10Reg FD Disclosure, Exhibitsread
2026-03-03Material Obligation, Other Material Event…read
2026-02-17Other Material Event, Exhibitsread
2026-02-17Other Material Eventread
2026-02-12Earnings Release, Exhibitsread
2025-12-22Reg FD Disclosure, Other Material Event…read

Flow & Concentration

Insider 180d net$0
Insider buys / sells0 / 0
Insider biasNeutral
13F holders9
Top-5 share97.3%
HHI3,619 (concentrated)

Top Holders

HolderValueShares
State Street Corp$5.09B18.93M
Fidelity / FMR LLC$4.14B15.41M
Citadel Advisors$852.46M3.17M
Capital Research / Capital World$404.08M1.50M
Millennium Management$247.77M921.57K
AQR Capital Management$243.90M907.18K
Renaissance Technologies$44.50M165.52K
Bridgewater Associates$7.47M27.80K
T. Rowe Price Group$3.63M13.50M

As of 2026-06-30

Connections

Customers: RTX, Contents The Co, 048550.KQ

Dividends

Yield (TTM)0.15%
$ / share (TTM)$0.36
5y CAGR+95.7%

Annual dividend per share

2021$0.04
2022$0.10
2023$0.17
2024$0.26
2025$0.44
2026$0.24

SEC Filings

DateFormDoc
2026-08-068-Kview
2026-08-0610-Qview
2026-07-064view
2026-05-288-Kview
2026-05-264view
2026-05-264view
2026-05-264view
2026-05-264view
2026-05-264view
2026-05-264view
2026-05-264view
2026-05-264view
2026-05-268-Kview
2026-05-124view
2026-05-0710-Qview

The Long Run

FY 2009–2025 · 17 years

LineLatestCAGRTrend
Revenue$8.25B-7.6%
Operating income$2.05B+25.8%
Net income$765.00M+9.6%
Cash from ops$1.88B+2.2%

Indices

S&P 500

Recent Sessions

DateOpenHighLowCloseVol
Sep 25$231.00$233.42$228.91$232.482.19M
Sep 24$226.59$232.63$225.62$229.382.23M
Sep 23$226.00$230.37$224.24$228.782.41M
Sep 22$227.69$227.94$223.28$225.362.47M
Sep 21$230.50$231.91$226.36$227.372.82M

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