Howmet Aerospace Inc. (NYSE:HWM) Receives $172.13 Average Price Target from Analysts

Key Points

• Howmet Aerospace Inc. has received a consensus recommendation of "Moderate Buy" from 18 brokerages, with an average target price of $172.13.
• The company recently reported quarterly earnings of $0.91 per share, surpassing the estimate of $0.87, and had a revenue of $2.05 billion.
• Howmet Aerospace has increased its quarterly dividend to $0.12, up from the previous $0.10, indicating a commitment to returning value to shareholders.

Shares of Howmet Aerospace Inc. (NYSE:HWM - Get Free Report) have earned an average rating of "Moderate Buy" from the eighteen research firms that are presently covering the firm, Marketbeat reports. Four equities research analysts have rated the stock with a hold recommendation and fourteen have assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $172.1333.

A number of analysts have recently weighed in on the stock. Bank of America boosted their target price on shares of Howmet Aerospace from $185.00 to $215.00 and gave the stock a "buy" rating in a report on Tuesday, August 5th. Wall Street Zen upgraded shares of Howmet Aerospace from a "hold" rating to a "buy" rating in a report on Saturday, August 2nd. Vertical Research restated a "buy" rating on shares of Howmet Aerospace in a report on Thursday, July 31st. Truist Financial lifted their price target on shares of Howmet Aerospace from $161.00 to $192.00 and gave the stock a "buy" rating in a research note on Thursday, June 12th. Finally, Morgan Stanley lifted their price target on shares of Howmet Aerospace from $170.00 to $210.00 and gave the stock an "overweight" rating in a research note on Thursday, July 17th.

Howmet Aerospace Price Performance

Shares of Howmet Aerospace stock traded down $0.0720 during trading hours on Friday, reaching $171.8280. The company's stock had a trading volume of 2,762,841 shares, compared to its average volume of 2,833,245. The firm has a 50 day moving average price of $179.92 and a 200-day moving average price of $153.78. Howmet Aerospace has a one year low of $90.71 and a one year high of $193.26. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.31 and a quick ratio of 1.08. The stock has a market cap of $69.27 billion, a P/E ratio of 50.24, a P/E/G ratio of 2.22 and a beta of 1.48.

Howmet Aerospace (NYSE:HWM - Get Free Report) last posted its earnings results on Thursday, July 31st. The company reported $0.91 earnings per share for the quarter, topping analysts' consensus estimates of $0.87 by $0.04. Howmet Aerospace had a net margin of 18.09% and a return on equity of 28.17%. The firm had revenue of $2.05 billion for the quarter, compared to the consensus estimate of $1.99 billion. During the same period in the previous year, the firm posted $0.67 EPS. The business's quarterly revenue was up 9.2% on a year-over-year basis. Howmet Aerospace has set its Q3 2025 guidance at 0.890-0.910 EPS. FY 2025 guidance at 3.560-3.640 EPS. On average, analysts predict that Howmet Aerospace will post 3.27 EPS for the current year.

Howmet Aerospace Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, August 25th. Investors of record on Friday, August 8th will be paid a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, August 8th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.3%. This is a boost from Howmet Aerospace's previous quarterly dividend of $0.10. Howmet Aerospace's dividend payout ratio is presently 14.04%.

Hedge Funds Weigh In On Howmet Aerospace

Large investors have recently made changes to their positions in the company. Traub Capital Management LLC purchased a new position in shares of Howmet Aerospace during the 2nd quarter worth about $25,000. Winnow Wealth LLC purchased a new position in shares of Howmet Aerospace during the 2nd quarter worth about $25,000. Newbridge Financial Services Group Inc. boosted its position in Howmet Aerospace by 119.7% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company's stock valued at $25,000 after buying an additional 73 shares during the period. Atlantic Union Bankshares Corp purchased a new stake in Howmet Aerospace in the 2nd quarter valued at about $32,000. Finally, Penserra Capital Management LLC boosted its position in Howmet Aerospace by 450.0% in the 2nd quarter. Penserra Capital Management LLC now owns 198 shares of the company's stock valued at $36,000 after buying an additional 162 shares during the period. 90.46% of the stock is owned by hedge funds and other institutional investors.

Howmet Aerospace Company Profile

Howmet Aerospace Inc provides advanced engineered solutions for the aerospace and transportation industries in the United States, Japan, France, Germany, the United Kingdom, Mexico, Italy, Canada, Poland, China, and internationally. It operates through four segments: Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels.