Howmet Aerospace (HWM) Earnings Analysis

Howmet Aerospace (HWM) beat expectations in Q2 FY2026 on revenue of $2.5B versus the $2.4B estimate (+24.1% YoY) and EPS of $1.33. The next Howmet Aerospace (HWM) earnings date is Oct 29, 2026. Below is the full Howmet Aerospace earnings breakdown — the risk-adjusted verdict, price forecast, technicals, options and hedge-fund 13F holdings, decoded in plain English.

Howmet Aerospace (HWM) Earnings Analysis — key stats

Next earnings dateOct 29, 2026
Latest reported quarterQ2 FY2026
Earnings verdictBeat
EPS beat rate8 of last 8 (quarters above estimate)
Avg next-day move±5.9% (over the last 8 reports)
Post-earnings directionUp 6 / Down 2 (of the last 8 reports)
Implied move (next report)±14.2% (options-derived · into Oct 29, 2026)
Institutional ownership91.2% (13F as of 2026-06-30)
Top 10 holders46.0% (of shares outstanding)
Insider activity10 buys / 1 sells (recent Form 4 filings)
Revenue$2.5B (vs $2.4B est · +4.9% surprise · +24.1% YoY)
EPS$1.33 (vs $1.24 est · +7.3% surprise · +31.7% YoY)
Share price$263.29 (-3.1%)
Market cap$105.3B

Howmet Aerospace (HWM) Earnings Analysis — beat / miss history

QuarterRevenueEPSEPS surpriseNext-day moveVerdict
Q3 FY2026$2.5B vs $2.4B est$1.33 vs $1.24 est+7.3%-3.3%Beat
Q2 FY2026$2.3B vs $2.2B est$1.22 vs $1.11 est+9.9%+5.5%Beat
Q1 FY2026$2.2B vs $2.1B est$1.05 vs $0.96 est+8.8%+8.4%Beat
Q4 FY2025$2.1B vs $2.0B est$0.95 vs $0.91 est+4.4%+1.2%Beat
Q3 FY2025$2.1B vs $2.0B est$0.91 vs $0.87 est+4.4%-4.1%Beat
Q2 FY2025$1.9B vs $1.9B est$0.86 vs $0.78 est+10.8%+11.2%Mixed
Q1 FY2025$1.9B vs $1.9B est$0.74 vs $0.71 est+4.2%+4.2%Mixed
Q4 FY2024$1.8B vs $1.9B est$0.71 vs $0.66 est+7.6%+8.9%Mixed

Top institutional holders

Holder% outstandingSharesValueQoQ change
Blackrock, INC.11.4%45.8M$12.3B-4.5%
Vanguard Capital Management LLC6.5%26.1M$7.0B+0.3%
State Street Corp4.7%18.9M$5.1B+3.3%
Jpmorgan Chase & CO4.6%18.6M$5.0B-11.6%
Vanguard Portfolio Management LLC4.6%18.5M$5.0B+0.1%
Fmr LLC3.8%15.4M$4.1B-2.3%
Price T Rowe Associates INC /Md/3.4%13.5M$3.6B-12.5%
Bank Of America Corp /De/2.6%10.3M$2.8B-4.1%
Geode Capital Management, LLC2.4%9.5M$2.6B-17.9%
Norges Bank2.0%7.9M$2.1B+100.0%

Recent insider transactions

InsiderRoleDateTypeSharesValue
CANTIE JOSEPH Sdirector2026-07-02Buy134$36235
Smith Gunnerdirector2026-05-21Buy731—
SCHMIDT ULRICHdirector2026-05-21Buy731—
Miller Jodydirector2026-05-21Buy731—
LEDUC ROBERT Fdirector2026-05-21Buy731—
CANTIE JOSEPH Sdirector2026-05-21Buy731—
Barner Sharon Rdirector2026-05-21Buy731—
Alving Amy Edirector2026-05-21Buy731—

What you'll find

Frequently asked questions

When is Howmet Aerospace's next earnings date?
Howmet Aerospace's (HWM) next scheduled earnings date is Oct 29, 2026. Magnisto shows the confirmed date, the options-implied expected move and the revenue and EPS estimates Wall Street is modeling into the report.
Did Howmet Aerospace (HWM) beat or miss earnings?
In Q2 FY2026, Howmet Aerospace (HWM) posted beat results — revenue of $2.5B versus the $2.4B estimate (+4.9% surprise) and EPS of $1.33 versus $1.24 expected (+7.3% surprise). Magnisto decodes every Howmet Aerospace (HWM) report into a clear Beat, Miss, In-line or Mixed verdict and checks whether guidance was raised, held or cut.
How often does Howmet Aerospace beat earnings estimates?
Over its last 8 reported quarters, Howmet Aerospace (HWM) beat Wall Street EPS estimates 8 times, most recently a beat result in Q3 FY2026. Magnisto tracks every Howmet Aerospace (HWM) quarter's revenue and EPS versus consensus and grades each one Beat, Miss, In-line or Mixed at a unified ±2% threshold.
How much does Howmet Aerospace stock move after earnings?
Over its last 8 quarterly reports, Howmet Aerospace (HWM) moved an average of ±5.9% the day after earnings — ranging from -4.1% (Q3 FY2025) to +11.2% (Q2 FY2025). The stock rose after 6 of those 8 reports and fell after 2. Heading into its next report on Oct 29, 2026, options-implied volatility is pricing in a move of roughly ±14.2% (derived). Magnisto tracks the realized post-earnings move for every Howmet Aerospace (HWM) quarter alongside the beat/miss verdict — past moves don't predict the next one.
Who are the largest shareholders of Howmet Aerospace?
Institutions hold about 91.2% of Howmet Aerospace's (HWM) shares outstanding as of the 2026-06-30 13F quarter. Its largest institutional holders include Blackrock, INC. (11.4%), Vanguard Capital Management LLC (6.5%), State Street Corp (4.7%). Magnisto lists Howmet Aerospace's (HWM) top 13F holders with each stake size and its quarter-over-quarter change.
Are insiders buying or selling Howmet Aerospace (HWM)?
In the most recent Form 4 filings Magnisto tracks, Howmet Aerospace (HWM) insiders recorded 10 purchases and 1 sale — net buying. Insider transactions are one signal among many and are often routine (option exercises or scheduled 10b5-1 sales), so Magnisto shows the raw feed for you to judge.
What is the forecast for Howmet Aerospace (HWM) stock?
Magnisto blends analyst price targets, quantitative research, technical trend and options-implied moves into a scenario range for Howmet Aerospace (HWM), anchored to the current $263.29 share price, so you can weigh the bull, base and bear cases for Howmet Aerospace side by side.
Is Howmet Aerospace (HWM) a buy right now?
Magnisto does not give buy or sell tips. It gives you the institutional-grade evidence — the verdict, valuation, risks, technicals and hedge-fund 13F flows — so you can decide whether Howmet Aerospace fits your own thesis and risk profile. This is research, not investment advice.

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Educational research, not investment advice. Figures are illustrative and may be delayed.