Howmet Aerospace stock hits all-time high at 187.51 USD

Howmet Aerospace Inc. has reached a significant milestone as its stock hit an all-time high of 187.51 USD. According to InvestingPro data, the company’s market capitalization now stands at $75.49 billion, with a "GREAT" financial health score. This achievement underscores the company’s impressive performance over the past year, during which its stock has surged by 136.89%, though current valuations suggest the stock is trading above its Fair Value. The remarkable increase highlights investor confidence and the company’s robust growth trajectory, supported by 10% revenue growth and a perfect Piotroski Score of 9. As Howmet Aerospace continues to innovate and expand its market presence, this new peak in stock price reflects its strengthened position in the aerospace industry. InvestingPro subscribers have access to 15+ additional insights and a comprehensive Pro Research Report, offering deeper analysis of the company’s valuation and growth prospects.

In other recent news, Howmet Aerospace Inc. announced the results of its annual shareholder meeting, where shareholders voted on several key proposals. The election of nine directors to the company’s board was confirmed, with all nominees securing their positions. Additionally, the appointment of PricewaterhouseCoopers LLP as the independent auditor for 2025 was ratified, and an advisory vote on executive compensation was approved. RBC Capital Markets recently raised its price target for Howmet Aerospace to $200, maintaining an Outperform rating, citing the company’s strong first-quarter results and a positive market environment. Meanwhile, KeyBanc has kept its Sector Weight rating on Howmet Aerospace, noting improvements in profit margins and the company’s robust performance in commercial aerospace and defense sectors. In executive news, CEO John Plant sold 800,000 shares for estate and tax planning purposes but remains one of the top shareholders. Furthermore, David J. Miller resigned from the Board of Directors, with no disagreements cited, as stated in an SEC filing. These developments provide investors with insights into Howmet Aerospace’s strategic moves and market position.

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