Howmet Aerospace (NYSE:HWM) Shares Down 3.5% - Time to Sell?

Key Points

• Howmet Aerospace shares fell 3.5% to about $212.38, with trading volume 51% below the average session volume.
• Despite the decline, analysts remain bullish: the stock carries a “Moderate Buy” consensus rating and an average price target of $310.29, with several firms recently raising their targets.
• The company exceeded quarterly expectations, reporting $1.33 in EPS and $2.55 billion in revenue, while revenue grew 24.1% year over year; it also declared a quarterly dividend of $0.14 per share.

Howmet Aerospace Inc. (NYSE:HWM - Get Free Report)'s stock price fell 3.5% on Tuesday. The company traded as low as $208.68 and last traded at $212.3790. 1,338,865 shares were traded during mid-day trading, a decline of 51% from the average session volume of 2,715,143 shares. The stock had previously closed at $220.03.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on HWM. Jefferies Financial Group restated a "buy" rating and issued a $370.00 price objective (up from $340.00) on shares of Howmet Aerospace in a research note on Sunday, August 9th. JPMorgan Chase & Co. raised their price target on shares of Howmet Aerospace from $310.00 to $350.00 and gave the stock an "overweight" rating in a report on Monday, August 10th. Morgan Stanley reissued an "overweight" rating and issued a $335.00 price target on shares of Howmet Aerospace in a research report on Monday, August 10th. Deutsche Bank Aktiengesellschaft raised their price target on Howmet Aerospace from $338.00 to $343.00 and gave the stock a "buy" rating in a research note on Friday, August 7th. Finally, BTIG Research increased their price target on shares of Howmet Aerospace from $300.00 to $340.00 and gave the stock a "buy" rating in a report on Monday, August 10th. One research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, Howmet Aerospace currently has an average rating of "Moderate Buy" and an average target price of $310.29.

Howmet Aerospace Price Performance

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 firm has a market cap of $83.24 billion, a price-to-earnings ratio of 44.76, a P/E/G ratio of 1.99 and a beta of 1.21. The business's 50-day moving average price is $243.98 and its two-hundred day moving average price is $257.02.

Howmet Aerospace (NYSE:HWM - Get Free Report) last issued its earnings results on Thursday, August 6th. The company reported $1.33 EPS for the quarter, topping the consensus estimate of $1.24 by $0.09. Howmet Aerospace had a return on equity of 33.91% and a net margin of 20.52%. The company had revenue of $2.55 billion during the quarter, compared to analyst estimates of $2.43 billion. During the same quarter last year, the firm earned $0.91 EPS. The business's revenue 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, research analysts forecast that Howmet Aerospace Inc. will post 5.34 EPS for the current fiscal year.

Howmet Aerospace Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 25th. Shareholders of record on Friday, November 6th will be given a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Friday, November 6th. Howmet Aerospace's payout ratio is 12.07%.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of HWM. Premier Path Wealth Partners LLC lifted its holdings in shares of Howmet Aerospace by 1.0% during the 2nd quarter. Premier Path Wealth Partners LLC now owns 3,812 shares of the company's stock worth $1,025,000 after acquiring an additional 37 shares during the period. Bartlett & CO. Wealth Management LLC increased its stake in shares of Howmet Aerospace by 55.1% in the 2nd quarter. Bartlett & CO. Wealth Management LLC now owns 107 shares of the company's stock valued at $29,000 after acquiring an additional 38 shares during the last quarter. Physician Wealth Advisors Inc. lifted its holdings in Howmet Aerospace by 2.5% during the first quarter. Physician Wealth Advisors Inc. now owns 1,730 shares of the company's stock worth $399,000 after acquiring an additional 42 shares in the last quarter. Roman Butler Fullerton & Co. increased its position in shares of Howmet Aerospace by 0.4% during the first quarter. Roman Butler Fullerton & Co. now owns 10,537 shares of the company's stock worth $2,634,000 after acquiring an additional 42 shares in the last quarter. Finally, Raleigh Capital Management Inc. grew its stake in shares of Howmet Aerospace by 4.3% during the 2nd quarter. Raleigh Capital Management Inc. now owns 1,094 shares of the company's stock worth $294,000 after acquiring an additional 45 shares in the last quarter. 90.46% of the stock is owned by institutional investors and hedge funds.

About Howmet Aerospace

Howmet Aerospace Inc NYSE: HWM is a global manufacturer of advanced engineered products and materials primarily serving the aerospace, defense, commercial transportation and industrial markets. The company develops components designed to operate in demanding environments where strength, durability and weight reduction are important.

Howmet's product portfolio includes aircraft engine components, airframe structures, titanium and nickel-based forgings, fastening systems and wheels for commercial vehicles.

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