Shares of Howmet Aerospace Inc. (NYSE:HWM – Get Free Report) have received an average recommendation of “Moderate Buy” from the twenty-two ratings firms that are currently covering the stock, Marketbeat reports. Four analysts have rated the stock with a hold rating and eighteen have given a buy rating to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $289.00.
A number of equities research analysts recently weighed in on HWM shares. Wells Fargo & Company began coverage on Howmet Aerospace in a research report on Wednesday, April 1st. They set an “equal weight” rating and a $240.00 price objective on the stock. UBS Group lifted their price target on Howmet Aerospace from $260.00 to $290.00 and gave the company a “neutral” rating in a research note on Friday, May 8th. KeyCorp initiated coverage on Howmet Aerospace in a report on Wednesday, March 25th. They set a “sector weight” rating on the stock. BNP Paribas Exane reaffirmed an “outperform” rating and issued a $340.00 price objective (up from $265.00) on shares of Howmet Aerospace in a research note on Friday, May 8th. Finally, BTIG Research raised their price objective on shares of Howmet Aerospace from $275.00 to $300.00 and gave the company a “buy” rating in a report on Friday, May 8th.
View Our Latest Stock Analysis on Howmet Aerospace
Insider Activity
Institutional Trading of Howmet Aerospace
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Norges Bank bought a new stake in Howmet Aerospace in the fourth quarter valued at $1,793,698,000. Price T Rowe Associates Inc. MD boosted its position in shares of Howmet Aerospace by 27.0% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 16,632,206 shares of the company’s stock worth $3,409,936,000 after purchasing an additional 3,531,700 shares in the last quarter. Auto Owners Insurance Co grew its stake in shares of Howmet Aerospace by 20,402.0% in the 4th quarter. Auto Owners Insurance Co now owns 1,441,906 shares of the company’s stock valued at $29,562,000 after buying an additional 1,434,873 shares during the period. Amundi grew its stake in shares of Howmet Aerospace by 73.1% in the 1st quarter. Amundi now owns 2,185,456 shares of the company’s stock valued at $503,660,000 after buying an additional 923,061 shares during the period. Finally, Invesco Ltd. increased its position in Howmet Aerospace by 12.2% in the 3rd quarter. Invesco Ltd. now owns 7,367,438 shares of the company’s stock valued at $1,445,712,000 after buying an additional 801,093 shares in the last quarter. 90.46% of the stock is currently owned by institutional investors and hedge funds.
Howmet Aerospace Price Performance
HWM stock traded down $2.89 during trading on Tuesday, reaching $270.88. 1,457,967 shares of the company were exchanged, compared to its average volume of 3,342,698. The company has a market capitalization of $108.38 billion, a price-to-earnings ratio of 62.85, a P/E/G ratio of 2.13 and a beta of 1.19. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.44 and a quick ratio of 1.59. The company has a 50-day moving average of $264.62 and a two-hundred day moving average of $244.46. Howmet Aerospace has a twelve month low of $169.45 and a twelve month high of $290.63.
Howmet Aerospace (NYSE:HWM – Get Free Report) last issued its earnings results on Thursday, May 7th. The company reported $1.22 earnings per share for the quarter, beating analysts’ consensus estimates of $1.11 by $0.11. The firm had revenue of $2.31 billion for the quarter, compared to analyst estimates of $2.24 billion. Howmet Aerospace had a net margin of 20.23% and a return on equity of 29.27%. The company’s quarterly revenue was up 19.1% on a year-over-year basis. During the same quarter last year, the business 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, equities analysts predict that Howmet Aerospace will post 5.05 earnings per share for the current fiscal year.
Howmet Aerospace Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, May 26th. Shareholders of record on Friday, May 8th were given a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 0.2%. The ex-dividend date was Friday, May 8th. Howmet Aerospace’s dividend payout ratio is 11.14%.
About Howmet Aerospace
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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