Howmet Aerospace slides as broad selloff pressures richly valued aerospace names

Howmet Aerospace (HWM) is down 7.2% today. Here is some analysis on what might have caused this price movement.

Analysis: No obvious company-specific negative announcement surfaced on August 31, 2026, so the drop appears tied more to market and sector pressure than to a fresh fundamental setback. This could be because investors were taking profits after a strong run, while a weaker Wall Street session and renewed scrutiny of high valuation multiples weighed on aerospace suppliers.

Details:

Howmet’s most recent major update was its August 6 second-quarter report, where it posted higher sales and earnings and raised full-year 2026 guidance.

The company also said this year that it completed the roughly $1.8 billion acquisition of Consolidated Aerospace Manufacturing, expanding its aerospace fasteners exposure.

Howmet entered this session after a sharp rally over the past year, leaving the shares more vulnerable to pullbacks when investors rotate away from expensive industrial and aerospace names.

Broader market sentiment was weaker on August 31, with U.S. stocks pressured by geopolitical tension and a risk-off tone, which likely added to the selling.

Sources:

Howmet Aerospace, SEC, AP

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 896 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
CITADEL ADVISORS LLC added 1,802,267 shares (+177.1%) to their portfolio in Q2 2026, for an estimated $484,557,505

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 9 analysts offer price targets for $HWM in the last 6 months, with a median target of $310.0.

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.