$HWM

Morgan Stanley named Howmet Aerospace (HWM) its top pick in Commercial Aerospace, replacing FTAI Aviation. The firm plans to increase holdings ahead of Q3 earnings, expecting positive surprises. HWM trades at $219.70, 30.6% above GF Value™ of $168.18, with a P/E ratio of 47.38x. The company has a GF Score™ of 91/100, reflecting strong fundamentals and growth.

Howmet Aerospace Inc. reported Q2 2026 adjusted EBITDA of $817M, up 39% YoY, with margins improving due to revenue growth and operational gains. Revenues reached $2.55B, up 24% YoY. The company raised its 2026 revenue outlook to $10.00-$10.10B and expects adjusted EBITDA margins of 32.1-32.2%.

Bernstein reduced Howmet Aerospace's (NYSE:HWM) price target to $298 from $328, citing competition in airfoil castings. The stock trades at $231.60, 25% below its 52-week high. Despite concerns, Bernstein expects strong growth. GE's acquisition of CPP poses some risk, but long-term contracts are in place. Other analysts maintain positive ratings with higher targets.

Howmet Aerospace (HWM) shares rose 21.4% in the past year, outperforming the S&P 500 and its industry. The company reported strong revenue growth in commercial and defense aerospace, raising its 2026 revenue outlook to $10.00-$10.10 billion. HWM increased dividends and repurchased $800 million in shares. However, its valuation is high, and debt levels have risen.

Wells Fargo maintained an Equal-Weight rating for Howmet Aerospace (HWM) but lowered its price target to $255 from $315, citing cautious market conditions. GuruFocus values HWM at $166.58, suggesting a 37.8% overvaluation. The stock has a GF Score of 91/100, with strong growth and profitability but concerns over valuation.

Citi added Howmet Aerospace to its 90-day upside catalyst watch, citing a recent share pullback and maintaining a Buy rating and $329 price target. The firm expects positive momentum ahead of Q3 earnings.

JPMorgan Global Select Equity ETF (JGLO) reported $428.2M in gross activity on Sept. 28, buying $285.4M more than sold. Largest buys included Palantir (PLTR) at $54.6M, Arista Networks (ANET) at $53.4M, and Ecolab (ECL) at $50.9M. JGLO sold Howmet Aerospace (HWM) entirely, reducing positions in Microsoft (MSFT), Meta (META), Johnson & Johnson (JNJ), and Micron (MU).

The Military Platforms market is projected to grow from $38.75B in 2025 to $76.25B by 2032, driven by defense modernization. Global air passenger demand is expected to rise 2.1% in 2026, benefiting aerospace companies. Supply-chain issues persist, increasing costs and delays. The Zacks Aerospace-Defense industry, ranked #179, has underperformed the S&P 500. GE Aerospace, Howmet Aerospace, and RTX are highlighted with positive earnings outlooks and recent developments.

CNBC's 'Final Trades' featured picks from analysts. Rob Sechan recommended Howmet Aerospace (HWM), supported by Guggenheim's Buy rating and $350 target. Stephen Weiss chose FTAI Aviation (FTAI), which expanded its engine maintenance partnership. Jason Snipe picked Microsoft (MSFT), backed by Stifel's upgrade to Buy with a $575 target. Joseph Terranova selected Cheniere Energy (LNG), with Scotiabank raising its target to $312. Shares of HWM, MSFT, and LNG rose, while FTAI fell.

The city has approved over $5 million for the expansion of Howmet Aerospace, a company involved in aerospace manufacturing. This investment is expected to support local economic growth and job creation. According to the city, the funds will be used for infrastructure and facility upgrades to accommodate the company's expansion plans. Howmet Aerospace is a publicly traded company, and this development could impact its stock performance and investor interest.