Shares of Howmet Aerospace Inc. (NYSE:HWM – Get Free Report) have been assigned an average rating of “Moderate Buy” from the twenty-two ratings firms that are presently covering the stock, MarketBeat reports. Four investment analysts have rated the stock with a hold recommendation and eighteen have given a buy recommendation to the company. The average 1-year price objective among brokers that have covered the stock in the last year is $285.5263.
Several research analysts have recently weighed in on HWM shares. KeyCorp started coverage on shares of Howmet Aerospace in a report on Wednesday, March 25th. They issued a “sector weight” rating on the stock. Citigroup upped their price target on shares of Howmet Aerospace from $271.00 to $303.00 and gave the stock a “buy” rating in a report on Monday, May 18th. UBS Group upped their price target on shares of Howmet Aerospace from $260.00 to $290.00 and gave the stock a “neutral” rating in a report on Friday, May 8th. Bank of America upped their price target on shares of Howmet Aerospace from $250.00 to $300.00 and gave the stock a “buy” rating in a report on Friday, February 20th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $320.00 price target on shares of Howmet Aerospace in a report on Friday, May 8th.
Get Our Latest Stock Report on HWM
Howmet Aerospace Trading Up 6.0%
Howmet Aerospace (NYSE:HWM – Get Free Report) last released its quarterly earnings results on Thursday, May 7th. The company reported $1.22 earnings per share for the quarter, topping the consensus estimate of $1.11 by $0.11. The firm had revenue of $2.31 billion for the quarter, compared to analysts’ expectations of $2.24 billion. Howmet Aerospace had a net margin of 20.23% and a return on equity of 29.27%. The business’s quarterly revenue was up 19.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.86 earnings per share. Howmet Aerospace has set its FY 2026 guidance at 4.880-5.000 EPS and its Q2 2026 guidance at 1.220-1.240 EPS. As a group, analysts expect that Howmet Aerospace will post 5.04 EPS for the current year.
Howmet Aerospace Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Tuesday, May 26th. Stockholders of record on Friday, May 8th were issued a $0.12 dividend. The ex-dividend date of this dividend was Friday, May 8th. This represents a $0.48 annualized dividend and a dividend yield of 0.2%. Howmet Aerospace’s dividend payout ratio is presently 11.14%.
Insider Buying and Selling
In related news, EVP Neil Edward Marchuk sold 41,932 shares of the stock in a transaction on Monday, May 11th. The stock was sold at an average price of $269.50, for a total value of $11,300,674.00. Following the transaction, the executive vice president owned 65,105 shares of the company’s stock, valued at $17,545,797.50. This represents a 39.18% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.85% of the stock is currently owned by corporate insiders.
Institutional Inflows and Outflows
A number of institutional investors have recently added to or reduced their stakes in HWM. Brighton Jones LLC increased its stake in Howmet Aerospace by 5.4% in the fourth quarter. Brighton Jones LLC now owns 2,548 shares of the company’s stock valued at $279,000 after acquiring an additional 130 shares during the last quarter. Acadian Asset Management LLC bought a new position in Howmet Aerospace in the first quarter valued at $399,000. Sivia Capital Partners LLC bought a new position in Howmet Aerospace in the second quarter valued at $216,000. Brown Advisory Inc. increased its stake in Howmet Aerospace by 31.0% in the second quarter. Brown Advisory Inc. now owns 4,180 shares of the company’s stock valued at $778,000 after acquiring an additional 990 shares during the last quarter. Finally, Cary Street Partners Financial LLC bought a new position in Howmet Aerospace in the second quarter valued at $145,000. Institutional investors own 90.46% of the company’s stock.
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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