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

Key Points

• Howmet Aerospace Inc. has received a consensus recommendation of "Moderate Buy" from nineteen research firms, with an average 12-month price target of $172.13.
• The company's quarterly earnings beat expectations, reporting $0.91 EPS compared to estimates of $0.87, with revenues reaching $2.05 billion for the quarter.
• Howmet Aerospace recently increased its quarterly dividend from $0.10 to $0.12 per share, representing an annualized yield of 0.3%.

Howmet Aerospace Inc. (NYSE:HWM - Get Free Report) has been assigned a consensus recommendation of "Moderate Buy" from the nineteen research firms that are presently covering the stock, MarketBeat reports. Four equities research analysts have rated the stock with a hold recommendation, fourteen have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price target among analysts that have covered the stock in the last year is $172.1333.

A number of research firms have recently issued reports on HWM. JPMorgan Chase & Co. raised their price target on Howmet Aerospace from $150.00 to $190.00 and gave the stock an "overweight" rating in a research note on Monday, August 4th. Zacks Research upgraded Howmet Aerospace from a "hold" rating to a "strong-buy" rating in a research note on Monday, August 25th. BTIG Research set a $205.00 price target on Howmet Aerospace and gave the stock a "buy" rating in a research note on Monday, August 4th. Truist Financial raised their price target on Howmet Aerospace from $161.00 to $192.00 and gave the stock a "buy" rating in a research note on Thursday, June 12th. Finally, Susquehanna raised their target price on Howmet Aerospace from $170.00 to $210.00 and gave the stock a "positive" rating in a report on Monday, July 14th.

Howmet Aerospace Stock Performance

Shares of HWM stock traded up $0.31 on Wednesday, reaching $184.11. The stock had a trading volume of 2,000,038 shares, compared to its average volume of 2,142,323. The stock has a market cap of $74.22 billion, a P/E ratio of 57.08, a price-to-earnings-growth ratio of 2.38 and a beta of 1.45. Howmet Aerospace has a 1 year low of $92.77 and a 1 year high of $193.26. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.08 and a current ratio of 2.31. The company has a 50 day simple moving average of $180.13 and a 200 day simple moving average of $158.45.

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

Howmet Aerospace Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 25th. Stockholders of record on Friday, August 8th were given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Friday, August 8th. This is an increase from Howmet Aerospace's previous quarterly dividend of $0.10. Howmet Aerospace's payout ratio is presently 14.04%.

Institutional Investors Weigh In On Howmet Aerospace

A number of institutional investors and hedge funds have recently added to or reduced their stakes in HWM. Osaic Holdings Inc. boosted its position in shares of Howmet Aerospace by 7.9% in the second quarter. Osaic Holdings Inc. now owns 84,248 shares of the company's stock worth $15,537,000 after purchasing an additional 6,204 shares during the period. Centaurus Financial Inc. purchased a new position in shares of Howmet Aerospace during the 2nd quarter valued at $233,000. Orion Porfolio Solutions LLC lifted its stake in shares of Howmet Aerospace by 26.9% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 23,756 shares of the company's stock valued at $4,422,000 after buying an additional 5,039 shares in the last quarter. Munro Partners bought a new position in Howmet Aerospace in the 2nd quarter worth $26,224,000. Finally, MASTERINVEST Kapitalanlage GmbH purchased a new stake in Howmet Aerospace in the 2nd quarter worth $348,000. Institutional investors own 90.46% of the company's stock.

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.