Shares of Howmet Aerospace Inc. (NYSE:HWM – Get Free Report) have earned an average rating of “Buy” from the twenty-one analysts that are presently covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have given a strong buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is $318.00.
Several equities research analysts recently weighed in on HWM shares. Morgan Stanley reaffirmed an “overweight” rating and set a $335.00 target price on shares of Howmet Aerospace in a research note on Monday, August 10th. Royal Bank Of Canada raised their price target on shares of Howmet Aerospace from $325.00 to $350.00 and gave the company an “outperform” rating in a research report on Friday, August 7th. TD Cowen boosted their price target on shares of Howmet Aerospace from $300.00 to $320.00 and gave the stock a “buy” rating in a research note on Monday, July 13th. BTIG Research upped their price objective on Howmet Aerospace from $300.00 to $340.00 and gave the stock a “buy” rating in a research report on Monday, August 10th. Finally, Citigroup reiterated a “buy” rating on shares of Howmet Aerospace in a research note on Tuesday, September 1st.
View Our Latest Analysis on Howmet Aerospace
Howmet Aerospace Stock Performance
Howmet Aerospace (NYSE:HWM – Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The company reported $1.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.24 by $0.09. The company had revenue of $2.55 billion for the quarter, compared to analyst estimates of $2.43 billion. Howmet Aerospace had a net margin of 20.52% and a return on equity of 33.91%. The business’s revenue for the quarter was up 24.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.91 earnings per share. 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. As a group, sell-side analysts forecast that Howmet Aerospace will post 5.33 earnings per share for the current year.
Howmet Aerospace Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, August 25th. Stockholders of record on Friday, August 7th were paid a $0.14 dividend. This represents a $0.56 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Friday, August 7th. This is a boost from Howmet Aerospace’s previous quarterly dividend of $0.12. Howmet Aerospace’s dividend payout ratio (DPR) is 12.07%.
Institutional Trading of Howmet Aerospace
A number of large investors have recently made changes to their positions in HWM. Premier Path Wealth Partners LLC boosted its holdings in shares of Howmet Aerospace by 1.0% in the 2nd quarter. Premier Path Wealth Partners LLC now owns 3,812 shares of the company’s stock valued at $1,025,000 after purchasing an additional 37 shares during the last quarter. Bartlett & CO. Wealth Management LLC raised its position 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 worth $29,000 after buying an additional 38 shares during the period. Tudor Financial Inc. raised its position in shares of Howmet Aerospace by 2.6% in the 4th quarter. Tudor Financial Inc. now owns 1,650 shares of the company’s stock worth $338,000 after buying an additional 42 shares during the period. Physician Wealth Advisors Inc. boosted its holdings in Howmet Aerospace by 2.5% in the first quarter. Physician Wealth Advisors Inc. now owns 1,730 shares of the company’s stock valued at $399,000 after acquiring an additional 42 shares during the last quarter. Finally, Roman Butler Fullerton & Co. boosted its holdings in Howmet Aerospace by 0.4% in the first quarter. Roman Butler Fullerton & Co. now owns 10,537 shares of the company’s stock valued at $2,634,000 after acquiring an additional 42 shares during the last quarter. 90.46% of the stock is currently owned by hedge funds and other institutional investors.
About Howmet Aerospace
Howmet Aerospace Inc (NYSE:HWM) is an aerospace and industrial manufacturer that develops and produces engineered components for commercial and defense aircraft, as well as products for transportation, energy and other industrial markets. Its offerings include aircraft engine components, airframe structures, fastening systems and forged aluminum wheels for commercial transportation.
The company’s aerospace products include turbine airfoils, engine casings, structural components and other specialized parts designed to support aircraft performance and efficiency.
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