Howmet Aerospace Inc. (NYSE:HWM) Given Average Recommendation of "Moderate Buy" by Analysts

Key Points

• Analysts remain bullish: Howmet Aerospace has a “Moderate Buy” consensus from 20 brokerages, with 17 buy ratings, two holds and one strong-buy rating. The average 12-month price target is $316.22.
• Quarterly results exceeded expectations: The company reported $1.33 in EPS and $2.55 billion in revenue, beating estimates and representing 24.1% year-over-year revenue growth. Management issued fiscal 2026 EPS guidance of $5.23 to $5.31.
• Howmet raised its dividend: The quarterly payout increased from $0.12 to $0.14 per share, equal to an annualized dividend of $0.56 and a 0.2% yield. Institutional investors own approximately 90.46% of the company’s stock.

Shares of Howmet Aerospace Inc. (NYSE:HWM - Get Free Report) have been assigned an average rating of "Moderate Buy" from the twenty brokerages that are currently covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $316.2222.

A number of brokerages recently weighed in on HWM. Wall Street Zen downgraded shares of Howmet Aerospace from a "strong-buy" rating to a "buy" rating in a research note on Sunday, July 5th. JPMorgan Chase & Co. boosted their price target on shares of Howmet Aerospace from $310.00 to $350.00 and gave the stock an "overweight" rating in a research note on Monday, August 10th. Zacks Research raised shares of Howmet Aerospace from a "hold" rating to a "strong-buy" rating in a report on Wednesday, August 12th. Royal Bank Of Canada raised their price objective on shares of Howmet Aerospace from $325.00 to $350.00 and gave the company an "outperform" rating in a research report on Friday, August 7th. Finally, Citigroup reaffirmed a "buy" rating on shares of Howmet Aerospace in a report on Wednesday, August 12th.

Howmet Aerospace Price Performance

Shares of NYSE HWM opened at $264.17 on Wednesday. The stock's 50-day simple moving average is $278.18 and its two-hundred day simple moving average is $259.72. Howmet Aerospace has a twelve month low of $170.81 and a twelve month high of $310.00. The firm has a market capitalization of $105.70 billion, a P/E ratio of 56.93, a P/E/G ratio of 1.88 and a beta of 1.20. The company has a quick ratio of 0.87, a current ratio of 1.82 and a debt-to-equity ratio of 0.71.

Howmet Aerospace (NYSE:HWM - Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The company reported $1.33 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.24 by $0.09. Howmet Aerospace had a return on equity of 33.91% and a net margin of 20.52%.The firm had revenue of $2.55 billion during the quarter, compared to the consensus estimate of $2.43 billion. During the same quarter last year, the company posted $0.91 EPS. The company's revenue for the quarter was up 24.1% on a year-over-year basis. Howmet Aerospace has set its Q3 2026 guidance at 1.340-1.360 EPS and its FY 2026 guidance at 5.230-5.310 EPS. As a group, equities analysts anticipate that Howmet Aerospace will post 5.33 EPS for the current fiscal year.

Howmet Aerospace Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, August 25th. Shareholders of record on Friday, August 7th were given a dividend of $0.14 per share. The ex-dividend date was Friday, August 7th. This is a positive change from Howmet Aerospace's previous quarterly dividend of $0.12. This represents a $0.56 dividend on an annualized basis and a yield of 0.2%. Howmet Aerospace's dividend payout ratio (DPR) is 12.07%.

Hedge Funds Weigh In On Howmet Aerospace

A number of hedge funds and other institutional investors have recently modified their holdings of HWM. California State Teachers Retirement System raised its holdings in shares of Howmet Aerospace by 28,132.2% during the 2nd quarter. California State Teachers Retirement System now owns 163,590,287 shares of the company's stock valued at $43,982,885,000 after buying an additional 163,010,842 shares in the last quarter. BlackRock Inc. purchased a new stake in Howmet Aerospace in the second quarter worth approximately $12,318,939,000. Bank of America Corp DE bought a new position in Howmet Aerospace during the second quarter valued at approximately $2,766,806,000. Norges Bank bought a new position in Howmet Aerospace during the fourth quarter valued at approximately $1,793,698,000. Finally, Jupiter Topco LLC purchased a new position in shares of Howmet Aerospace during the second quarter worth approximately $2,065,086,000. 90.46% of the stock is currently owned by hedge funds and other institutional investors.

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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