Howmet Aerospace Inc. (NYSE:HWM) Receives $316.22 Consensus Target Price from Brokerages

Shares of Howmet Aerospace Inc. (NYSE:HWMGet Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the twenty ratings firms that are presently covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has issued a strong buy rating on the company. The average 1 year price target among brokers that have covered the stock in the last year is $316.2222.

A number of equities research analysts have recently commented on HWM shares. Wells Fargo & Company restated an “outperform” rating and set a $315.00 target price on shares of Howmet Aerospace in a research report on Monday, August 10th. Sanford C. Bernstein increased their price target on Howmet Aerospace from $318.00 to $328.00 and gave the stock an “outperform” rating in a research report on Monday, August 24th. Zacks Research raised Howmet Aerospace from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 12th. Morgan Stanley reissued an “overweight” rating and issued a $335.00 price objective on shares of Howmet Aerospace in a report on Monday, August 10th. Finally, JPMorgan Chase & Co. boosted their price objective on Howmet Aerospace from $310.00 to $350.00 and gave the company an “overweight” rating in a research report on Monday, August 10th.

Get Our Latest Research Report on HWM

Hedge Funds Weigh In On Howmet Aerospace

A number of large investors have recently added to or reduced their stakes in HWM. Premier Path Wealth Partners LLC raised its stake in shares of Howmet Aerospace by 1.0% during the 2nd quarter. Premier Path Wealth Partners LLC now owns 3,812 shares of the company’s stock worth $1,025,000 after buying an additional 37 shares in the last quarter. Bartlett & CO. Wealth Management LLC grew its stake in shares of Howmet Aerospace by 55.1% during the 2nd quarter. Bartlett & CO. Wealth Management LLC now owns 107 shares of the company’s stock worth $29,000 after purchasing an additional 38 shares during the period. UMB Bank n.a. increased its holdings in shares of Howmet Aerospace by 2.6% in the 4th quarter. UMB Bank n.a. now owns 1,620 shares of the company’s stock valued at $332,000 after purchasing an additional 41 shares in the last quarter. Tudor Financial Inc. lifted its stake in shares of Howmet Aerospace by 2.6% in the fourth quarter. Tudor Financial Inc. now owns 1,650 shares of the company’s stock valued at $338,000 after purchasing an additional 42 shares during the period. Finally, Physician Wealth Advisors Inc. boosted its holdings in Howmet Aerospace by 2.5% during the first quarter. Physician Wealth Advisors Inc. now owns 1,730 shares of the company’s stock worth $399,000 after buying an additional 42 shares in the last quarter. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Howmet Aerospace Price Performance

HWM opened at $264.48 on Wednesday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.87 and a current ratio of 1.82. The stock has a market capitalization of $105.82 billion, a P/E ratio of 57.00, a P/E/G ratio of 1.91 and a beta of 1.20. The company’s 50-day simple moving average is $277.41 and its two-hundred day simple moving average is $260.48. Howmet Aerospace has a 52-week low of $170.81 and a 52-week high of $310.00.

Howmet Aerospace (NYSE:HWMGet Free Report) last announced its quarterly earnings results on Thursday, August 6th. The company reported $1.33 EPS for the quarter, topping analysts’ consensus estimates of $1.24 by $0.09. The firm had revenue of $2.55 billion during 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% on a year-over-year basis. During the same period in the previous year, the business posted $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, analysts predict that Howmet Aerospace will post 5.33 EPS for the current year.

Howmet Aerospace Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, August 25th. Investors of record on Friday, August 7th were paid a $0.14 dividend. The ex-dividend date of this dividend was Friday, August 7th. This represents a $0.56 dividend on an annualized basis and a yield of 0.2%. This is an increase from Howmet Aerospace’s previous quarterly dividend of $0.12. Howmet Aerospace’s dividend payout ratio is 12.07%.

About Howmet Aerospace

(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.

Further Reading

Analyst Recommendations for Howmet Aerospace (NYSE:HWM)

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