Howmet Aerospace Slides as Investors Weigh Possible Gas-Turbine Share Risk

Howmet Aerospace Inc. (HWM) is down 7.5% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver appears to be investor concern that SpaceX may bring some gas-turbine blade and vane production in-house, which raised fears that specialized suppliers could face tougher competition or slower future demand. This looks more like a sentiment-driven selloff than a reaction to weak operating results, since Howmet had recently posted strong growth and higher profitability.

Details:

Howmet’s latest quarterly release showed second-quarter 2026 revenue of $2.55 billion, up 24% year over year, with adjusted EPS of $1.33, up 46%.

The company said growth was supported by commercial aerospace, defense aerospace, and gas turbines, with gas-turbine market revenue up 38% in the quarter.

Its Engine Products segment, which includes turbine-related components, reported 32% sales growth and a 37.7% adjusted EBITDA margin, making that business especially important to the growth story investors are pricing.

This could be because the market is reassessing how durable that gas-turbine opportunity is if a large customer or new entrant tries to internalize part of the manufacturing chain.

Sources:

Howmet Aerospace, SEC, Yahoo Finance

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$HWM Hedge Fund Activity

We have seen 897 institutional investors add shares of $HWM stock to their portfolio, and 633 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

JPMORGAN CHASE & CO added 18,561,518 shares (+inf%) to their portfolio in Q2 2026, for an estimated $4,990,449,729
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ removed 2,652,902 shares (-34.8%) from their portfolio in Q2 2026, for an estimated $713,259,231
SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 2,402,889 shares (+inf%) to their portfolio in Q2 2026, for an estimated $646,040,736
BLACKROCK, INC. removed 2,144,218 shares (-4.5%) from their portfolio in Q2 2026, for an estimated $576,494,451
GEODE CAPITAL MANAGEMENT, LLC removed 2,071,706 shares (-17.9%) from their portfolio in Q2 2026, for an estimated $556,998,875
PRICE T ROWE ASSOCIATES INC /MD/ removed 1,924,569 shares (-12.5%) from their portfolio in Q2 2026, for an estimated $517,439,621
JANE STREET GROUP, LLC added 1,453,930 shares (+116.1%) to their portfolio in Q2 2026, for an estimated $390,903,619

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$HWM Congressional Stock Trading

Members of Congress have traded $HWM stock 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.

Here’s a breakdown of recent trading of $HWM stock by members of Congress over the last 6 months:

SENATOR ALAN ARMSTRONG purchased up to $15,000 on 03/27.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$HWM Analyst Ratings

Wall Street analysts have issued reports on $HWM in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

BTIG issued a "Buy" rating on 05/08/2026

To track analyst ratings and price targets for $HWM, check out Quiver Quantitative's $HWM forecast page.

$HWM Price Targets

Multiple analysts have issued price targets for $HWM recently. We have seen 8 analysts offer price targets for $HWM in the last 6 months, with a median target of $310.5.

Here are some recent targets:

Sheila Kahyaoglu from Jefferies set a target price of $340.0 on 07/09/2026
John Godyn from Citigroup set a target price of $311.0 on 07/01/2026
Seth Seifman from JP Morgan set a target price of $310.0 on 05/11/2026
Andre Madrid from BTIG set a target price of $300.0 on 05/08/2026
Charles Minervino from Susquehanna set a target price of $330.0 on 05/08/2026
Matt Akers from BNP Paribas set a target price of $340.0 on 05/08/2026
Gavin Parsons from UBS set a target price of $290.0 on 05/08/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.