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

Howmet Aerospace Inc. (NYSE:HWM) has been assigned an average recommendation of “Moderate Buy” from the nineteen brokerages that are covering the firm, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $205.7333.

Several analysts have recently issued reports on HWM shares. Truist Financial upped their price objective on Howmet Aerospace from $202.00 to $217.00 and gave the company a “buy” rating in a research report on Wednesday, October 15th. Royal Bank Of Canada upped their price objective on Howmet Aerospace from $210.00 to $235.00 and gave the company an “outperform” rating in a research report on Friday, October 31st. Bank of America upped their price objective on Howmet Aerospace from $185.00 to $215.00 and gave the company a “buy” rating in a research report on Tuesday, August 5th. Wall Street Zen upgraded Howmet Aerospace from a “hold” rating to a “buy” rating in a research report on Saturday, August 2nd. Finally, UBS Group upped their price objective on Howmet Aerospace from $199.00 to $209.00 and gave the company a “neutral” rating in a research report on Friday, October 31st.

Hedge Funds Weigh In On Howmet Aerospace

Several large investors have recently added to or reduced their stakes in HWM. Brighton Jones LLC lifted its position in Howmet Aerospace by 5.4% during the fourth quarter. Brighton Jones LLC now owns 2,548 shares of the company’s stock worth $279,000 after buying an additional 130 shares during the period. Sequoia Financial Advisors LLC lifted its position in Howmet Aerospace by 27.1% during the first quarter. Sequoia Financial Advisors LLC now owns 6,018 shares of the company’s stock worth $781,000 after buying an additional 1,282 shares during the period. Ameritas Advisory Services LLC lifted its position in Howmet Aerospace by 9.7% during the first quarter. Ameritas Advisory Services LLC now owns 2,900 shares of the company’s stock worth $376,000 after buying an additional 257 shares during the period. Koshinski Asset Management Inc. purchased a new position in Howmet Aerospace during the first quarter worth about $235,000. Finally, Alta Advisers Ltd purchased a new position in Howmet Aerospace during the first quarter worth about $260,000. 90.46% of the stock is currently owned by hedge funds and other institutional investors.

Howmet Aerospace Stock Up 0.7%

HWM opened at $206.39 on Thursday. The business’s fifty day moving average is $190.49 and its two-hundred day moving average is $177.45. 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 market cap of $83.20 billion, a price-to-earnings ratio of 60.35, a PEG ratio of 2.64 and a beta of 1.45. Howmet Aerospace has a one year low of $105.04 and a one year high of $211.95.

Howmet Aerospace (NYSE:HWM) last issued its quarterly earnings data on Thursday, October 30th. The company reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.91 by $0.04. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.The business had revenue of $2.09 billion for the quarter, compared to the consensus estimate of $2.04 billion. During the same period in the prior year, the business earned $0.81 earnings per share. The business’s revenue was up 13.8% on a year-over-year basis. Howmet Aerospace has set its FY 2025 guidance at 3.660-3.680 EPS. Q4 2025 guidance at 0.940-0.960 EPS. Analysts anticipate that Howmet Aerospace will post 3.27 EPS for the current fiscal year.

Howmet Aerospace Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 25th. Stockholders of record on Friday, November 7th will be given a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Friday, November 7th. Howmet Aerospace’s dividend payout ratio is currently 13.48%.

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.