Howmet Aerospace (NYSE:HWM) Hits New 1-Year High – Time to Buy?

Howmet Aerospace Inc. (NYSE:HWMGet Free Report)’s share price hit a new 52-week high on Thursday . The company traded as high as $261.83 and last traded at $259.5450, with a volume of 1923595 shares traded. The stock had previously closed at $260.95.

Wall Street Analysts Forecast Growth

Several brokerages have commented on HWM. Citigroup boosted their price objective on shares of Howmet Aerospace from $255.00 to $283.00 and gave the company a “buy” rating in a research report on Tuesday, February 17th. BNP Paribas Exane started coverage on Howmet Aerospace in a research note on Tuesday, November 18th. They issued an “outperform” rating and a $240.00 price target on the stock. JPMorgan Chase & Co. upped their price objective on Howmet Aerospace from $227.00 to $265.00 and gave the stock an “overweight” rating in a research report on Thursday, February 19th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Howmet Aerospace in a research note on Thursday, January 22nd. Finally, iA Financial set a $240.00 target price on Howmet Aerospace in a research note on Monday, November 3rd. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, Howmet Aerospace has an average rating of “Moderate Buy” and a consensus target price of $252.95.

Check Out Our Latest Report on Howmet Aerospace

Howmet Aerospace Trading Down 0.5%

The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.09 and a current ratio of 2.13. The firm has a market cap of $104.06 billion, a price-to-earnings ratio of 69.96, a PEG ratio of 2.42 and a beta of 1.26. The business has a fifty day simple moving average of $222.18 and a 200-day simple moving average of $202.03.

Howmet Aerospace (NYSE:HWMGet Free Report) last released its quarterly earnings results on Thursday, February 12th. The company reported $1.05 earnings per share for the quarter, topping the consensus estimate of $0.97 by $0.08. Howmet Aerospace had a return on equity of 30.41% and a net margin of 18.27%.The company had revenue of $2.17 billion for the quarter, compared to analysts’ expectations of $2.12 billion. During the same period in the previous year, the business posted $0.77 earnings per share. The business’s quarterly revenue was up 14.6% compared to the same quarter last year. Howmet Aerospace has set its Q1 2026 guidance at 1.090-1.110 EPS and its FY 2026 guidance at 4.350-4.550 EPS. As a group, equities analysts forecast that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 25th. Stockholders of record on Friday, February 6th were paid a dividend of $0.12 per share. The ex-dividend date of this dividend was Friday, February 6th. This represents a $0.48 annualized dividend and a dividend yield of 0.2%. Howmet Aerospace’s dividend payout ratio (DPR) is presently 12.94%.

Insider Activity at Howmet Aerospace

In related news, EVP Neil Edward Marchuk sold 45,150 shares of the business’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $251.70, for a total value of $11,364,255.00. Following the sale, the executive vice president owned 107,008 shares of the company’s stock, valued at $26,933,913.60. The trade was a 29.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 1.04% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Acumen Wealth Advisors LLC acquired a new stake in shares of Howmet Aerospace in the fourth quarter valued at about $25,000. Sound Income Strategies LLC boosted its holdings in Howmet Aerospace by 66.7% in the fourth quarter. Sound Income Strategies LLC now owns 125 shares of the company’s stock valued at $28,000 after acquiring an additional 50 shares during the last quarter. Traub Capital Management LLC acquired a new stake in Howmet Aerospace during the 2nd quarter valued at approximately $25,000. Winnow Wealth LLC bought a new position in Howmet Aerospace during the 2nd quarter worth approximately $25,000. Finally, Newbridge Financial Services Group Inc. lifted 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 worth $25,000 after purchasing an additional 73 shares during the period. 90.46% of the stock is owned by institutional investors.

Howmet Aerospace Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for Howmet Aerospace Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Howmet Aerospace and related companies with MarketBeat.com's FREE daily email newsletter.