Citigroup Rates Howmet Aerospace (HWM) buy, $311 Price Target

Citigroup maintains its buy rating on Howmet Aerospace with a $311 price target, a 15.67% upside from the current price.

By EarningsIQ Research Desk · Published Jul 1, 2026, 12:01 PM EDT · Updated Jul 1, 2026, 3:01 PM EDT

Reviewed by automated data checks against the source data. How we make and check alerts

Citigroup rated Howmet Aerospace Inc. ($HWM) "buy" with a $311 price target on July 1, 2026.

Since the rating, $HWM is up 1.6% after 1 week, up 5.5% after 1 month and down 17.3% to date (from the $267.28 close on Jul 1, 2026).

HWM Howmet Aerospace Inc.

$220.96 +4.53% year to date

Daily close · Oct 16, 2026

Key Points

Citigroup reiterated its buy rating for Howmet Aerospace on July 1, 2026, with a price target of $311.
Citigroup's $311 price target implies 15.67% upside from Howmet Aerospace Inc.'s ($HWM) current $268.86 share price.
Howmet Aerospace traded near $268.86 on Wednesday, boasting a market cap of about $107.6 billion.
Insiders at Howmet Aerospace engaged in buying activity, with multiple purchases recorded on May 21, 2026.

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Citigroup reiterated its buy rating for Howmet Aerospace Inc. (NYSE: HWM) on July 1, 2026. The firm set a price target of $311 for the aerospace company. Shares of Howmet traded near $268.86 on Wednesday.

Analyst rating track record

Citigroup vs. the S&P 500

YTD return -0.57% hypothetical

All-time return +34.65% S&P 500 +31.54%

vs. S&P 500 +3.11% ahead of the index

Hypothetical returns from Citigroup's disclosed trades, not real profit or advice. How we model this.

Analysts Set New Price Targets

On July 1, 2026, Citigroup maintained its buy rating on Howmet Aerospace and set a price target of $311. This follows a series of similar ratings from other firms, including JP Morgan, which maintained a buy rating with a $310 target on May 11, 2026. BNP Paribas reiterated its buy rating on May 8, 2026, with a higher target of $340.

Other Institutional Activity in Howmet Aerospace

BlackRock, Inc. grew its holdings by 721,675 shares, ending with 47,963,376 shares valued at about $11.05 billion, reflecting a 1.5% increase. Vanguard Capital Management LLC opened a new position with 26,056,750 shares worth approximately $6 billion. JPMorgan Chase & Co reduced its stake by 6,740,091 shares, down to 20,987,781 shares valued at about $4.68 billion, marking a 24.3% decrease. State Street Corp slightly trimmed its holdings by 44,367 shares, holding 18,321,062 shares worth roughly $4.22 billion.

Howmet Aerospace Inc. Stock Up 22.4%

Shares of Howmet Aerospace (NYSE: HWM) traded near $268.86 on Wednesday. The company boasts a market cap of about $107.6 billion and has a P/E ratio of 62.5, with a forward P/E of 44.7. Its stock has a 52-week low of $169.45 and a high of $290.63, with a 50-day moving average of $258.72 and a 200-day moving average of $226.35. Howmet Aerospace's beta is 1.193, indicating moderate volatility compared to the market.

12-month forecast

$HWM price target

Howmet Aerospace Inc. daily closes and this analyst's $311 target. Not advice.

Recent Earnings

Howmet Aerospace reported revenue of $8.62 billion, with a growth rate of 19.1%. The company's net margin stands at 20.2%, and it has a return on equity of 33.8%. Its earnings per share (EPS) is 4.3. The next earnings report is expected on August 6, 2026.

Dividend

Howmet Aerospace pays an annual dividend rate of $0.48, yielding 0.18%. The dividend payout ratio is a low 10.67%, indicating a conservative payout relative to earnings.

Insider Buying and Selling at Howmet Aerospace Inc.

Several insiders were active in purchasing shares of Howmet Aerospace on May 21, 2026. Jody Miller, Gunner Smith, Joseph Cantie, Amy Alving, Robert Leduc, and Sharon Barner each bought 731 shares. These transactions were not part of any planned trading program.

About Howmet Aerospace

Howmet Aerospace Inc. provides advanced engineered solutions for the aerospace and transportation industries across the globe. Headquartered in Pittsburgh, Pennsylvania, and led by CEO John C. Plant, the company operates through four main segments: Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels. Howmet serves a variety of markets including the United States, Japan, and Europe, with a workforce of approximately 25,430 employees.

Bottom Line

Howmet Aerospace remains a strong player in the aerospace and defense sector, with Citigroup's reiteration of its buy rating and a $311 price target reflecting confidence in its future performance. Investors often track such analyst ratings as part of their decision-making process. It's important to remember that these ratings and targets are based on past data and projections, and actual performance may vary.