Brokerages Set Howmet Aerospace Inc. (NYSE:HWM) Target Price at $216.93

Howmet Aerospace Inc. (NYSE:HWM) has been given a consensus rating of “Moderate Buy” by the twenty brokerages that are covering the firm, Marketbeat Ratings reports. Four analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $216.9333.

A number of equities research analysts recently commented on the company. BNP Paribas Exane started coverage on Howmet Aerospace in a research report on Tuesday, November 18th. They issued an “outperform” rating and a $240.00 target price on the stock. Truist Financial upped their price objective on Howmet Aerospace from $202.00 to $217.00 and gave the stock a “buy” rating in a report on Wednesday, October 15th. Vertical Research reiterated a “buy” rating on shares of Howmet Aerospace in a research report on Thursday, July 31st. Royal Bank Of Canada increased their target price on Howmet Aerospace from $210.00 to $235.00 and gave the company an “outperform” rating in a research report on Friday, October 31st. Finally, BTIG Research boosted their price target on shares of Howmet Aerospace from $205.00 to $240.00 and gave the stock a “buy” rating in a research report on Monday, November 3rd.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Traub Capital Management LLC bought a new stake in shares of Howmet Aerospace in the 2nd quarter valued at approximately $25,000. Winnow Wealth LLC bought a new position in shares of Howmet Aerospace during the 2nd quarter valued at approximately $25,000. Newbridge Financial Services Group Inc. raised its holdings in Howmet Aerospace by 119.7% during 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. Tradewinds Capital Management LLC boosted its stake in Howmet Aerospace by 52.0% during the third quarter. Tradewinds Capital Management LLC now owns 152 shares of the company’s stock worth $30,000 after buying an additional 52 shares during the period. Finally, Manning & Napier Advisors LLC purchased a new position in Howmet Aerospace during the third quarter worth $32,000. Institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Price Performance

Shares of NYSE:HWM opened at $204.61 on Monday. The firm has a market cap of $82.26 billion, a price-to-earnings ratio of 59.83, a P/E/G ratio of 2.64 and a beta of 1.47. The firm has a fifty day moving average price of $197.37 and a 200 day moving average price of $183.80. Howmet Aerospace has a fifty-two week low of $105.04 and a fifty-two week high of $211.95. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.08 and a current ratio of 2.31.

Howmet Aerospace (NYSE:HWM) last announced its quarterly earnings results on Thursday, October 30th. The company reported $0.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.91 by $0.04. Howmet Aerospace had a net margin of 18.09% and a return on equity of 28.17%. The company had revenue of $2.09 billion for the quarter, compared to the consensus estimate of $2.04 billion. During the same period in the previous year, the firm posted $0.81 EPS. Howmet Aerospace’s revenue for the quarter was up 13.8% compared to the same quarter last year. Howmet Aerospace has set its FY 2025 guidance at 3.660-3.680 EPS. Q4 2025 guidance at 0.940-0.960 EPS. As a group, sell-side analysts expect that Howmet Aerospace will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, November 25th. Stockholders of record on Friday, November 7th were issued a $0.12 dividend. The ex-dividend date was Friday, November 7th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.2%. Howmet Aerospace’s payout ratio is 13.48%.

About Howmet Aerospace

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.