Citigroup has initiated coverage on Howmet Aerospace Inc (HWM) with a Buy rating, marking the firm's first assessment of the company. The aerospace and defense leader specializes in lightweight metal products, focusing on jet engine components, aerospace fastening systems, and airframe structural components.
As of December 11, 2025, Howmet's stock trades at $196.14, with a market capitalization of $77.9 billion. The company boasts a P/E ratio of 53.69 and an EPS of 3.57. Notably, it offers a dividend yield of 24.8%.
Analysts project upcoming earnings on July 29, 2026, with an estimated EPS of $1.10 and revenue of $2.3 billion. Recent performance has shown positive surprises, including a Q3 2025 EPS of $0.95, exceeding estimates by 3.8%.
The announcement highlights the growing confidence in Howmet's business prospects, as analyst ratings can provide valuable insights into market sentiment. However, investors should consider multiple factors, including company fundamentals and industry trends, before making decisions.