Howmet Aerospace jumps after strong Q1 results and higher full-year guidance

Howmet Aerospace (HWM) is up 9.0% today. Here is some analysis on what might have caused this price movement.

Analysis: The stock appears to be rallying after Howmet reported first-quarter 2026 results that beat expectations on revenue, margins, and earnings, alongside strong free cash flow. Management also increased full-year 2026 guidance, reinforcing confidence in demand tied to commercial aerospace production ramps and engine spares.

Details:

Howmet posted Q1 2026 revenue of $2.313 billion, up 19% year over year, with GAAP EPS of $1.44 and adjusted EPS of $1.22.

Profitability improved, with adjusted EBITDA of $740 million and an adjusted EBITDA margin of 32.0% (up 320 basis points year over year).

The company highlighted record first-quarter cash generation, including free cash flow of $359 million, and deployed $300 million toward share repurchases during the quarter.

Howmet increased its FY 2026 outlook, guiding to baseline revenue of $9.65 billion, adjusted EBITDA of $3.06 billion, and adjusted EPS of $4.94.

Sources:

Howmet Aerospace (Investor Relations), Investing.com, MarketBeat

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

$HWM Insider Trading Activity

$HWM insiders have traded $HWM stock on the open market 2 times in the past 6 months. Of those trades, 0 have been purchases and 2 have been sales.

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

NEIL EDWARD MARCHUK (EVP, CAO) sold 45,150 shares for an estimated $11,364,426
BARBARA LOU SHULTZ (Vice President and Controller) sold 1,000 shares for an estimated $260,005

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API.

$HWM Hedge Fund Activity

We have seen 731 institutional investors add shares of $HWM stock to their portfolio, and 541 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 6,964,016 shares (-71.7%) from their portfolio in Q4 2025, for an estimated $1,427,762,560
PRICE T ROWE ASSOCIATES INC /MD/ added 3,531,700 shares (+27.0%) to their portfolio in Q4 2025, for an estimated $724,069,134
MACQUARIE GROUP LTD removed 2,866,360 shares (-97.9%) from their portfolio in Q4 2025, for an estimated $587,661,127
CAPITAL WORLD INVESTORS removed 2,813,908 shares (-79.3%) from their portfolio in Q4 2025, for an estimated $576,907,418
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ removed 1,806,287 shares (-15.5%) from their portfolio in Q4 2025, for an estimated $370,324,960
AUTO-OWNERS INSURANCE CO removed 1,434,873 shares (-99.5%) from their portfolio in Q1 2026, for an estimated $330,680,831
NUVEEN, LLC added 1,170,957 shares (+29.9%) to their portfolio in Q1 2026, for an estimated $269,858,750

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.

$HWM Congressional Stock Trading

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

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

REPRESENTATIVE BYRON DONALDS sold up to $15,000 on 01/08.

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.

$HWM Analyst Ratings

Wall Street analysts have issued reports on $HWM in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Citigroup issued a "Buy" rating on 01/13/2026
B of A Securities issued a "Buy" rating on 11/14/2025
JP Morgan issued a "Overweight" rating on 11/10/2025

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 9 analysts offer price targets for $HWM in the last 6 months, with a median target of $271.0.

Here are some recent targets:

John Godyn from Citigroup set a target price of $271.0 on 04/02/2026
David Strauss from Wells Fargo set a target price of $240.0 on 04/01/2026
Andre Madrid from BTIG set a target price of $275.0 on 03/17/2026
Ken Herbert from RBC Capital set a target price of $300.0 on 03/11/2026
Ronald Epstein from B of A Securities set a target price of $300.0 on 02/20/2026
Seth Seifman from JP Morgan set a target price of $265.0 on 02/19/2026
Noah Poponak from Goldman Sachs set a target price of $257.0 on 02/17/2026

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.