Howmet Aerospace $1.8 billion acquisition of Stanley Black & Decker CAM unit is projected by Jefferies to add about 2% to 2026 EPS and more than 3% in the first full year, assuming a mid-Q2 close and partial debt financing. Howmet expects $485 milllion-$495 million in 2026 revenue and EBITDA margins above 20%, with Jefferies keeping a $245 price target and Buy rating.