Howmet Aerospace Inc. (NYSE:HWM – Get Free Report) has been given an average rating of “Moderate Buy” by the twenty-four research firms that are currently covering the company, MarketBeat Ratings reports. Five analysts have rated the stock with a hold recommendation, eighteen have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month target price among analysts that have covered the stock in the last year is $256.15.
Several brokerages have issued reports on HWM. Wolfe Research set a $270.00 target price on shares of Howmet Aerospace and gave the stock an “outperform” rating in a report on Wednesday, March 11th. BTIG Research restated a “buy” rating and issued a $275.00 price target on shares of Howmet Aerospace in a report on Tuesday, March 17th. UBS Group increased their price objective on shares of Howmet Aerospace from $228.00 to $260.00 and gave the company a “neutral” rating in a research note on Tuesday, February 17th. Sanford C. Bernstein reiterated an “outperform” rating and set a $280.00 price objective on shares of Howmet Aerospace in a research note on Tuesday, February 17th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Howmet Aerospace from $227.00 to $265.00 and gave the company an “overweight” rating in a report on Thursday, February 19th.
Read Our Latest Stock Analysis on Howmet Aerospace
Howmet Aerospace Stock Down 1.2%
Howmet Aerospace (NYSE:HWM – Get Free Report) last posted its quarterly earnings results on Thursday, February 12th. The company reported $1.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.97 by $0.08. The business had revenue of $2.17 billion for the quarter, compared to the consensus estimate of $2.12 billion. Howmet Aerospace had a return on equity of 30.41% and a net margin of 18.27%.The business’s revenue was up 14.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.77 EPS. Howmet Aerospace has set its Q1 2026 guidance at 1.090-1.110 EPS and its FY 2026 guidance at 4.350-4.550 EPS. Sell-side analysts expect that Howmet Aerospace will post 3.27 earnings per share for the current year.
Howmet Aerospace Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, February 25th. Shareholders of record on Friday, February 6th were given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Friday, February 6th. Howmet Aerospace’s dividend payout ratio (DPR) is 12.94%.
Insiders Place Their Bets
In other news, EVP Neil Edward Marchuk sold 45,150 shares of the business’s stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $251.70, for a total value of $11,364,255.00. Following the completion of the transaction, the executive vice president directly owned 107,008 shares of the company’s stock, valued at approximately $26,933,913.60. The trade was a 29.67% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Barbara Lou Shultz sold 1,000 shares of the company’s stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $260.00, for a total value of $260,000.00. Following the sale, the vice president owned 23,874 shares of the company’s stock, valued at $6,207,240. This trade represents a 4.02% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 1.04% of the company’s stock.
Institutional Trading of Howmet Aerospace
Several hedge funds have recently modified their holdings of the company. Newbridge Financial Services Group Inc. raised its stake in shares of Howmet Aerospace by 119.7% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock worth $25,000 after acquiring an additional 73 shares in the last quarter. Acumen Wealth Advisors LLC purchased a new stake in Howmet Aerospace during the fourth quarter valued at approximately $25,000. Sound Income Strategies LLC boosted its stake in Howmet Aerospace by 66.7% in the fourth quarter. Sound Income Strategies LLC now owns 125 shares of the company’s stock valued at $28,000 after acquiring an additional 50 shares in the last quarter. Cornerstone Financial Management LLC acquired a new stake in Howmet Aerospace in the fourth quarter valued at approximately $28,000. Finally, Vermillion & White Wealth Management Group LLC grew its holdings in Howmet Aerospace by 65.1% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 137 shares of the company’s stock worth $28,000 after purchasing an additional 54 shares during the last quarter. 90.46% of the stock is owned by hedge funds and other institutional investors.
Howmet Aerospace Company Profile
Howmet Aerospace Inc is an industrial technology company that designs, manufactures and repairs engineered metal products for the aerospace, transportation and industrial markets. Its product portfolio includes precision castings and forgings, engineered fasteners, seamless rolled rings, and complex components for turbine engines, airframes and industrial gas turbines. The company also provides aftermarket services such as component repair, overhaul and parts distribution to support the operating fleet of commercial and military customers.
Howmet serves a global customer base of original equipment manufacturers (OEMs) and aftermarket operators, with manufacturing, service and distribution facilities across North America, Europe and Asia.
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