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 |
| Vol | 2.19M |
| As of | 25 Sep 2026 |
The Verdict
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/E | 50.00x |
| Forward P/E | 36.00x |
| EV / EBITDA | 34.65x |
| P / S (ttm) | 10.17x |
| Profit margin | 20.5% |
| Return on equity | 34.7% |
| Revenue growth | +24.1% |
| Earnings growth | +33.0% |
| Debt / equity | 81.37 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| 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.
Risk Metrics
| Beta vs SPX | 1.21 |
|---|---|
| Corr SPX | 0.56 |
| Annual vol | 34.8% |
| Annual ret | +49.6% |
| Sharpe | 1.42 |
| 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 |
| Analysts | 21 |
| Strong Buy | 4 | |
|---|---|---|
| Buy | 16 | |
| Hold | 3 | |
| Sell | 0 | |
| Strong Sell | 0 |
Recent rating actions
| 2026-05-08 | UBS | → Neutral |
| 2026-05-08 | Susquehanna | → Positive |
| 2026-05-08 | BTIG | → Buy |
| 2026-05-08 | BNP Paribas | → Outperform |
| 2026-04-02 | Citigroup | → Buy |
| 2026-04-01 | Wells Fargo | → Equal-Weight |
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-08-06 | Earnings Release, Exhibits | read |
| 2026-05-28 | Other Material Event, Exhibits | read |
| 2026-05-26 | Shareholder Vote | read |
| 2026-05-07 | Earnings Release, Exhibits | read |
| 2026-04-06 | Reg FD Disclosure | read |
| 2026-04-06 | Acquisition / Disposition | read |
| 2026-03-10 | Reg FD Disclosure, Exhibits | read |
| 2026-03-03 | Material Obligation, Other Material Event… | read |
| 2026-02-17 | Other Material Event, Exhibits | read |
| 2026-02-17 | Other Material Event | read |
| 2026-02-12 | Earnings Release, Exhibits | read |
| 2025-12-22 | Reg FD Disclosure, Other Material Event… | read |
Flow & Concentration
| Insider 180d net | $0 |
|---|---|
| Insider buys / sells | 0 / 0 |
| Insider bias | Neutral |
| 13F holders | 9 |
| Top-5 share | 97.3% |
| HHI | 3,619 (concentrated) |
Top Holders
| Holder | Value | Shares |
|---|---|---|
| State Street Corp | $5.09B | 18.93M |
| Fidelity / FMR LLC | $4.14B | 15.41M |
| Citadel Advisors | $852.46M | 3.17M |
| Capital Research / Capital World | $404.08M | 1.50M |
| Millennium Management | $247.77M | 921.57K |
| AQR Capital Management | $243.90M | 907.18K |
| Renaissance Technologies | $44.50M | 165.52K |
| Bridgewater Associates | $7.47M | 27.80K |
| T. Rowe Price Group | $3.63M | 13.50M |
As of 2026-06-30
Connections
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
The Long Run
FY 2009–2025 · 17 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| 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
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $231.00 | $233.42 | $228.91 | $232.48 | 2.19M |
| Sep 24 | $226.59 | $232.63 | $225.62 | $229.38 | 2.23M |
| Sep 23 | $226.00 | $230.37 | $224.24 | $228.78 | 2.41M |
| Sep 22 | $227.69 | $227.94 | $223.28 | $225.36 | 2.47M |
| Sep 21 | $230.50 | $231.91 | $226.36 | $227.37 | 2.82M |
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