Howmet Aerospace Inc. (NYSE:HWM) Receives Average Recommendation of "Buy" from Brokerages

Key Points

• Howmet Aerospace holds a consensus “Buy” rating from 21 analysts, with 17 buys, two strong buys and two holds; the average 12-month price target is $318.
• The company exceeded quarterly expectations, reporting $1.33 in EPS and $2.55 billion in revenue, up 24.1% year over year. Analysts expect about $5.33 in EPS for the current fiscal year.
• Howmet raised its quarterly dividend from $0.12 to $0.14 per share, while institutional investors own approximately 90.46% of the company’s stock.

Howmet Aerospace Inc. (NYSE:HWM - Get Free Report) has been assigned a consensus rating of "Buy" from the twenty-one ratings firms that are presently covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have given a strong buy rating to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $318.00.

A number of brokerages recently issued reports on HWM. Susquehanna upped their price target on Howmet Aerospace from $330.00 to $340.00 and gave the company a "positive" rating in a report on Friday, August 7th. Zacks Research upgraded shares of Howmet Aerospace from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, August 12th. Guggenheim assumed coverage on shares of Howmet Aerospace in a research report on Monday, September 14th. They set a "buy" rating and a $350.00 price objective for the company. JPMorgan Chase & Co. upped their target price on shares of Howmet Aerospace from $310.00 to $350.00 and gave the company an "overweight" rating in a report on Monday, August 10th. Finally, Citigroup reaffirmed a "buy" rating on shares of Howmet Aerospace in a research report on Tuesday, September 1st.

Howmet Aerospace Stock Up 1.8%

Shares of NYSE HWM opened at $229.85 on Friday. The company has a market capitalization of $91.97 billion, a price-to-earnings ratio of 49.54, a price-to-earnings-growth ratio of 2.07 and a beta of 1.19. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.82 and a quick ratio of 0.87. The business has a 50-day moving average of $267.43 and a two-hundred day moving average of $259.44. Howmet Aerospace has a 1 year low of $183.83 and a 1 year high of $310.00.

Howmet Aerospace (NYSE:HWM - Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The company reported $1.33 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 business had revenue of $2.55 billion for the quarter, compared to the consensus estimate of $2.43 billion. During the same quarter in the prior year, the business posted $0.91 EPS. The business'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. On average, analysts forecast that Howmet Aerospace will post 5.33 earnings per share for the current fiscal year.

Howmet Aerospace Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, August 25th. Shareholders of record on Friday, August 7th were paid a $0.14 dividend. This is a boost from Howmet Aerospace's previous quarterly dividend of $0.12. This represents a $0.56 annualized dividend and a yield of 0.2%. The ex-dividend date was Friday, August 7th. Howmet Aerospace's payout ratio is currently 12.07%.

Institutional Trading of Howmet Aerospace

A number of hedge funds and other institutional investors have recently made changes to their positions in HWM. BlackRock Inc. purchased a new position in Howmet Aerospace during the 2nd quarter worth approximately $12,318,939,000. State Street Corp boosted its stake in shares of Howmet Aerospace by 2.2% during the fourth quarter. State Street Corp now owns 18,365,429 shares of the company's stock worth $3,765,280,000 after buying an additional 400,767 shares during the period. Geode Capital Management LLC boosted its stake in shares of Howmet Aerospace by 2.0% during the fourth quarter. Geode Capital Management LLC now owns 11,307,538 shares of the company's stock worth $2,316,277,000 after buying an additional 221,775 shares during the period. Bank of America Corp DE grew its holdings in shares of Howmet Aerospace by 1.7% during the first quarter. Bank of America Corp DE now owns 10,728,447 shares of the company's stock worth $2,472,478,000 after buying an additional 177,533 shares during the last quarter. Finally, Norges Bank purchased a new position in shares of Howmet Aerospace during the fourth quarter worth about $1,793,698,000. Institutional investors and hedge funds own 90.46% of the company's stock.

Howmet Aerospace Company Profile

Howmet Aerospace Inc NYSE: HWM is an aerospace and industrial manufacturer that develops and produces engineered components for commercial and defense aircraft, as well as products for transportation, energy and other industrial markets. Its offerings include aircraft engine components, airframe structures, fastening systems and forged aluminum wheels for commercial transportation.

The company's aerospace products include turbine airfoils, engine casings, structural components and other specialized parts designed to support aircraft performance and efficiency.

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