What's Going On With Howmet Aerospace Stock?

Howmet Aerospace Inc. (NYSE:HWM) has recently seen a positive stock performance trend, driven by strong aerospace demand and improved operational efficiency.

Howmet Aerospace shares climbed this week, rebounding from a brief pullback. The stock jumped more than 4% on June 27 and, after a minor dip on July 1, is hovering between $184 and $186.

Wall Street sentiment continues to favor Howmet. RBC Capital reiterated its Outperform rating and raised its price forecast to $200. Truist Securities also reaffirmed its Buy rating, lifting its forecast to $192, citing strong aerospace demand and improved operational efficiency.

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In late June, Howmet awarded CEO John C. Plant a $45 million retention grant in restricted stock units (RSUs), set to vest in 2028. A related Form 4 filing disclosed that Plant received 255,363 RSUs. His base salary of $1.8 million and bonus eligibility remain unchanged under the amended agreement.

In the first quarter, Howmet posted revenue of $1.94 billion, up 6.5% year over year. Adjusted earnings per share surged 51% to 86 cents, surpassing Wall Street estimates.

The company raised its full-year 2025 revenue outlook to between $7.88 billion and $8.18 billion  (prior $7.93 $billion-$8.13 billion), above the $8.07 billion consensus. EPS guidance was also boosted to a range of $3.36 to $3.44 (prior $3.13-$3.21) ahead of the $3.27 average estimate.

The company is scheduled to report second-quarter results on July 29. Analysts forecast revenue of $1.98 billion-$2.00 billion versus the consensus of $2.00 billion, and EPS expected between $0.85 and $0.87 versus the consensus of $0.80.

Howmet shares have a 52-week range of $76.99 to $187.51. After falling nearly 39% from their February highs to April lows, the stock rebounded more than 30% in the past three months. Year-to-date, it’s up approximately 64% and is trading about 6.5% above its 50-day simple moving average.

Other aerospace names, including RTX Corp. (NYSE:RTX) and General Electric Co. (NYSE:GE), have seen similar momentum amid strong sector demand. For broader exposure, investors may consider the iShares U.S. Aerospace & Defense ETF (BATS:ITA) and the Gabelli Commercial Aerospace & Defense ETF (NYSE:GCAD).

Price Action: HWM shares were trading higher by 3.08% to $177.93 at last check Thursday.

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