Brokerages Set Howmet Aerospace Inc. (NYSE:HWM) PT at $316.22

Shares of Howmet Aerospace Inc. (NYSE:HWM) have earned an average recommendation of “Moderate Buy” from the twenty ratings firms that are presently covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $316.2222.

HWM has been the topic of several research analyst reports. Citigroup restated a “buy” rating on shares of Howmet Aerospace in a research note on Wednesday, August 12th. BTIG Research raised their price target on Howmet Aerospace from $300.00 to $340.00 and gave the stock a “buy” rating in a report on Monday, August 10th. Royal Bank Of Canada boosted their price target on Howmet Aerospace from $325.00 to $350.00 and gave the stock an “outperform” rating in a research note on Friday, August 7th. Wall Street Zen downgraded shares of Howmet Aerospace from a “strong-buy” rating to a “buy” rating in a report on Sunday, July 5th. Finally, BNP Paribas Exane reaffirmed an “outperform” rating and issued a $340.00 price objective (up from $265.00) on shares of Howmet Aerospace in a research report on Friday, May 8th.

Howmet Aerospace Price Performance

Shares of HWM opened at $264.48 on Wednesday. The company has a market cap of $105.82 billion, a price-to-earnings ratio of 57.00, a price-to-earnings-growth ratio of 1.89 and a beta of 1.20. Howmet Aerospace has a twelve month low of $170.81 and a twelve month high of $310.00. The company has a quick ratio of 0.87, a current ratio of 1.82 and a debt-to-equity ratio of 0.71. The company has a 50 day moving average of $277.41 and a two-hundred day moving average of $260.72.

Howmet Aerospace (NYSE:HWM) 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. Howmet Aerospace had a return on equity of 33.91% and a net margin of 20.52%.The business had revenue of $2.55 billion for the quarter, compared to the consensus estimate of $2.43 billion. During the same period in the prior year, the firm posted $0.91 earnings per share. The business’s quarterly 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. As a group, analysts predict that Howmet Aerospace will post 5.33 earnings per share for the current fiscal year.

Howmet Aerospace Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, August 25th. Shareholders of record on Friday, August 7th were given a dividend of $0.14 per share. The ex-dividend date of this dividend was Friday, August 7th. This represents a $0.56 annualized dividend and a yield of 0.2%. This is a boost from Howmet Aerospace’s previous quarterly dividend of $0.12. Howmet Aerospace’s payout ratio is presently 12.07%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Newbridge Financial Services Group Inc. increased its position in shares of Howmet Aerospace by 119.7% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock valued at $25,000 after acquiring an additional 73 shares during the period. Acumen Wealth Advisors LLC acquired a new stake in Howmet Aerospace during the 4th quarter worth about $25,000. West Paces Advisors Inc. purchased a new stake in Howmet Aerospace during the 2nd quarter valued at about $27,000. Cornerstone Financial Management LLC purchased a new stake in Howmet Aerospace during the 4th quarter valued at about $28,000. Finally, Vermillion & White Wealth Management Group LLC increased its holdings in shares of Howmet Aerospace by 65.1% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 137 shares of the company’s stock valued at $28,000 after purchasing an additional 54 shares during the period. Hedge funds and other institutional investors own 90.46% of the company’s stock.

About Howmet Aerospace

Howmet Aerospace Inc is an industrial technology company that designs, manufactures and repairs engineered metal products for the aerospace, transportation and industrial markets. Its product portfolio includes precision castings and forgings, engineered fasteners, seamless rolled rings, and complex components for turbine engines, airframes and industrial gas turbines. The company also provides aftermarket services such as component repair, overhaul and parts distribution to support the operating fleet of commercial and military customers.

Howmet serves a global customer base of original equipment manufacturers (OEMs) and aftermarket operators, with manufacturing, service and distribution facilities across North America, Europe and Asia.