Howmet Aerospace (HWM) Gets a Buy from Jefferies

Jefferies analyst Sheila Kahyaoglu maintained a Buy rating on Howmet Aerospace today and set a price target of $315.00.

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Kahyaoglu covers the Industrials sector, focusing on stocks such as Boeing, FTAI Aviation, and Delta Air Lines. According to TipRanks, Kahyaoglu has an average return of 13.5% and a 60.97% success rate on recommended stocks.

In addition to Jefferies, Howmet Aerospace also received a Buy from TipRanks – xAI’s xAi Industrial – Machinery in a report issued today. However, yesterday, UBS maintained a Hold rating on Howmet Aerospace (NYSE: HWM).

Based on Howmet Aerospace’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $2.17 billion and a net profit of $372 million. In comparison, last year the company earned a revenue of $1.89 billion and had a net profit of $314 million

Based on the recent corporate insider activity of 41 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of HWM in relation to earlier this year. Last month, Barbara Lou Shultz, the VP & Controller of HWM sold 1,000.00 shares for a total of $260,000.00.