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Why Howmet Aerospace (HWM) Stock Is Down Today

Investivoq PriceTracker

Howmet Aerospace (HWM) is down 4.1% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely explanation is a sector read-through rather than a fresh company-specific setback. Howmet does not appear to have released negative news on October 20, 2026, and the drop looks more consistent with weakness across aerospace names after a major industry peer sold off following earnings, alongside recent valuation resets from several analysts.

Details:

  • Howmet shares were trading around $209.60 in Tuesday trading, down roughly 4.7% from the prior close, showing a broad risk-off move during the session.
  • Howmet’s investor page shows its next major scheduled event is third-quarter 2026 results on October 29, 2026, and its most recent October announcement was a board-approved common stock dividend, not an operational warning.
  • The company’s second-quarter 2026 results were strong: revenue rose 24% year over year, adjusted EPS came in at $1.33, and full-year 2026 guidance was increased.
  • Aerospace sentiment may have weakened after peer GE Aerospace also traded lower on October 20, while recent analyst actions for Howmet included price-target cuts from RBC Capital and TD Cowen earlier in October. This could be because investors are taking profits in a richly valued aerospace supplier group ahead of earnings.

    • Sources:

    SEC, Howmet Aerospace, Investing.com, Benzinga

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

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    $HWM Hedge Fund Activity

    We have seen 833 institutional investors add shares of $HWM stock to their portfolio, and 617 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
    • JANE STREET GROUP, LLC added 1,453,930 shares (+116.1%) to their portfolio in Q2 2026, for an estimated $390,903,619

    To track hedge funds' stock portfolios, check out Investivoq's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Investivoq API 13F endpoint.

    $HWM Congressional Stock Trading

    Members of Congress have traded $HWM stock 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 members of Congress over the last 6 months:

    • REPRESENTATIVE BYRON DONALDS has traded it 2 times. They made 0 purchases and 2 sales worth up to $30,000 on 08/11.

    To track congressional stock trading, check out Investivoq's congressional trading dashboard. You can access data on congressional stock trades through the Investivoq 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 Investivoq's $HWM forecast page.

    $HWM Price Targets

    Multiple analysts have issued price targets for $HWM recently. We have seen 7 analysts offer price targets for $HWM in the last 6 months, with a median target of $311.0.

    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 Investivoq's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.