--- title: "Weekly Recap | Howmet Aerospace -11.44%, management answers GE deal" type: "News" locale: "en" url: "https://longbridge.com/en/news/298791958.md" description: "Howmet Aerospace (HWM) fell 11.44% this week to close at $229.61, underperforming the S&P 500 by roughly 10.64 percentage points. The stock swung within an 8.32% range, opening lower on Tuesday after the Labour Day holiday and then chopping between $226.30 and $246.50. Tuesday (8 Sep) opened at $242.81, hit an intraday high of $246.50, then sold off to end at $231.53. Wednesday marked the week’s low at $226.30, also the low of the past 60 sessions." datetime: "2026-09-12T06:04:16.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/298791958.md) - [en](https://longbridge.com/en/news/298791958.md) - [zh-HK](https://longbridge.com/zh-HK/news/298791958.md) generator: "portal-rs" --- # Weekly Recap | Howmet Aerospace -11.44%, management answers GE deal ## The Week Howmet Aerospace (HWM) fell 11.44% this week to close at $229.61, underperforming the S&P 500 by roughly 10.64 percentage points. The stock swung within an 8.32% range, opening lower on Tuesday after the Labour Day holiday and then chopping between $226.30 and $246.50. Tuesday (8 Sep) opened at $242.81, hit an intraday high of $246.50, then sold off to end at $231.53. Wednesday marked the week’s low at $226.30, also the low of the past 60 sessions. Thursday and Friday saw much narrower ranges, with Friday settling at $229.61, near the lower end of the week’s range — selling was concentrated on Tuesday, followed by three days of range-bound trade. Total volume for the shortened four-session week was 25.6m shares, and average daily volume of about 6.4m shares ran more than double the median. ## Key Events The dominant theme this week was competitive pressure from an industry deal and the lingering effect of SpaceX’s in-house capacity build-out. On 8 Sep, GE Aerospace announced it would acquire CPP for nearly $12 billion. The market read this as a potential shift in the supply chain for engine parts, and HWM fell close to 6% intraday, then nearly 8% the following day. On 9-10 Sep, Howmet’s CEO responded by calling the GE Aerospace deal ‘fine’, saying the company would soon update its long-term revenue targets and that it was working to meet engine-part demand. That exchange framed the week’s storyline: external M&A and self-built capacity stirred concerns, while management pointed to order book and delivery capability. Separately, a disclosure on 11 Sep showed NewEdge Advisors LLC had increased its HWM position. ## Analyst Ratings The sell-side view on HWM remains tilted to the upside. Of the 22 institutions covering the stock, 15 rate it buy, 4 rate it overweight, and 3 rate it hold; none rate it underweight or sell. The consensus rating is strong buy. The consensus target price is $337.128, about 46.83% above this week’s close. Targets range from $256.56 to $375, a wide spread. Within the aerospace and defence industry, Howmet ranks 7th out of 84 names, placing it near the top of the group. ## The Week Ahead Macro data will be dense next week. On Tuesday (15 Sep), the New York Fed manufacturing index is due; the prior reading was 20.6 and the consensus is 14.75. Wednesday (16 Sep) brings retail sales, retail sales ex-autos, import prices, the NAHB housing market index and EIA crude inventories. Retail sales are expected to improve from -0.6 to 0.9, and retail sales ex-autos from -0.3 to 0.6 — indicators that will shape expectations for industrial and consumer demand. For HWM, beyond the macro calendar, the long-term revenue guidance update flagged by management remains outstanding; any fresh guidance could become the catalyst for repricing. ## In Short This week HWM faced selling pressure driven by competitive worries against a backdrop of elevated valuations. The stock dropped 11.44% and lagged the market by more than 10 points, yet the sell-side did not shift: the consensus rating stays at strong buy and the consensus target sits about 46.83% above spot. On valuation, the stock trades around 48.97x earnings and 15.98x book, a rich multiple. The latest session’s capital flow showed large and medium money as net sellers while retail took the other side. The tension is clear — M&A spillover and self-build concerns have compressed the near-term price, while management’s delivery commentary and sell-side targets point to longer-horizon order support. The key watch items are when the long-term revenue targets get updated, how next week’s retail and manufacturing data frame demand, and whether capital flows show sustained absorption near these lows. *This article is generated by LongbridgeAI from market data, for information only and not investment advice.* ### Related Stocks - [HWM.US](https://longbridge.com/en/quote/HWM.US.md) ## Related News & Research - [Microsoft, Howmet Aerospace, FTAI Aviation And An Energy Stock On CNBC’s ‘Final Trades’](https://longbridge.com/en/news/300030950.md) - [Faraday Future enters term sheet with AIxC for all-stock purchase of robotics business valued at about $200 million](https://longbridge.com/en/news/300428120.md) - [What Is Going on With Marvell Technology Stock on Tuesday?](https://longbridge.com/en/news/300460741.md) - [LIVE MARKETS-Wall Street's AI math doesn't add up](https://longbridge.com/en/news/300462731.md) - [Micron or Nvidia: One AI Stock Is Poised to Outperform, the Other Is Harder to Call, Says Goldman Sachs](https://longbridge.com/en/news/300359724.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**