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Howmet Aerospace
HWM

$79.23
0.2%
 

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

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 21 analysts
0
News positive %
of 13 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

100% more funds holding in top 10

Funds holding in top 10: 3 [Q4 2023] → 6 (+3) [Q1 2024]

41% more first-time investments, than exits

New positions opened: 113 | Existing positions closed: 80

24% more capital invested

Capital invested by funds: $20.1B [Q4 2023] → $24.9B (+$4.78B) [Q1 2024]

5% more funds holding

Funds holding: 646 [Q4 2023] → 679 (+33) [Q1 2024]

6% more call options, than puts

Call options by funds: $68.3M | Put options by funds: $64.3M

1.3% less ownership

Funds ownership: 90.13% [Q4 2023] → 88.82% (-1.3%) [Q1 2024]

16% less repeat investments, than reductions

Existing positions increased: 210 | Existing positions reduced: 249

Research analyst outlook

21 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$53
33%
downside
Avg. target
$77
3%
downside
High target
$95
20%
upside

21 analyst ratings

19 positive
90%
neutral
5%
negative
5%
Benchmark
Josh Sullivan
7%upside
$85
Buy
Maintained
12 Jul 2024
BTIG
Andre Madrid
20%upside
$95
Buy
Initiated
26 Jun 2024
Northcoast Research
Chris Olin
12%downside
$70
Sell
Downgraded
14 Jun 2024
Keybanc
Philip Gibbs
14%upside
$90
Overweight
Maintained
28 May 2024
Barclays
David Strauss
7%upside
$85
Overweight
Maintained
6 May 2024

Financial journalist opinion

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