Brokerages Set Howmet Aerospace Inc. (NYSE:HWM) Target Price at $287.95

Shares of Howmet Aerospace Inc. (NYSE:HWMGet Free Report) have been assigned an average rating of “Moderate Buy” from the twenty-two ratings firms that are covering the company, MarketBeat reports. Four research analysts have rated the stock with a hold recommendation and eighteen have given a buy recommendation to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $293.2105.

HWM has been the topic of several recent analyst reports. UBS Group upped their price target on Howmet Aerospace from $260.00 to $290.00 and gave the company a “neutral” rating in a research report on Friday, May 8th. Jefferies Financial Group raised their price target on shares of Howmet Aerospace from $320.00 to $340.00 and gave the stock a “buy” rating in a report on Thursday. Citigroup upped their price objective on shares of Howmet Aerospace from $303.00 to $311.00 and gave the company a “buy” rating in a research note on Wednesday, July 1st. BNP Paribas Exane reissued an “outperform” rating and set a $340.00 target price (up from $265.00) on shares of Howmet Aerospace in a research note on Friday, May 8th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $320.00 price target on shares of Howmet Aerospace in a research note on Friday, May 8th.

Get Our Latest Stock Analysis on Howmet Aerospace

Insider Buying and Selling

In related news, EVP Neil Edward Marchuk sold 41,932 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $269.50, for a total transaction of $11,300,674.00. Following the transaction, the executive vice president owned 65,105 shares of the company’s stock, valued at approximately $17,545,797.50. This trade represents a 39.18% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.85% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Regent Peak Wealth Advisors LLC boosted its holdings in Howmet Aerospace by 6.4% in the second quarter. Regent Peak Wealth Advisors LLC now owns 1,027 shares of the company’s stock worth $276,000 after purchasing an additional 62 shares in the last quarter. Tema ETFs LLC boosted its stake in shares of Howmet Aerospace by 9.9% during the 2nd quarter. Tema ETFs LLC now owns 9,652 shares of the company’s stock worth $2,595,000 after acquiring an additional 870 shares in the last quarter. E. Ohman J or Asset Management AB increased its holdings in shares of Howmet Aerospace by 11.9% during the 2nd quarter. E. Ohman J or Asset Management AB now owns 14,152 shares of the company’s stock valued at $3,805,000 after acquiring an additional 1,500 shares during the last quarter. Handelsbanken Fonder AB raised its stake in shares of Howmet Aerospace by 42.6% in the 2nd quarter. Handelsbanken Fonder AB now owns 1,319 shares of the company’s stock valued at $355,000 after acquiring an additional 394 shares in the last quarter. Finally, Fulcrum Equity Management acquired a new stake in Howmet Aerospace in the 2nd quarter worth approximately $203,000. Institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Trading Up 0.2%

Howmet Aerospace stock opened at $271.28 on Tuesday. The company has a 50 day moving average price of $265.18 and a 200 day moving average price of $245.15. Howmet Aerospace has a 52 week low of $169.45 and a 52 week high of $290.63. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.59 and a current ratio of 2.44. The firm has a market capitalization of $108.54 billion, a price-to-earnings ratio of 62.94, a P/E/G ratio of 2.13 and a beta of 1.19.

Howmet Aerospace (NYSE:HWMGet Free Report) last posted its quarterly earnings data on Thursday, May 7th. The company reported $1.22 earnings per share for the quarter, topping the consensus estimate of $1.11 by $0.11. The firm had revenue of $2.31 billion for the quarter, compared to analysts’ expectations of $2.24 billion. Howmet Aerospace had a net margin of 20.23% and a return on equity of 29.27%. The company’s quarterly revenue was up 19.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.86 EPS. Howmet Aerospace has set its FY 2026 guidance at 4.880-5.000 EPS and its Q2 2026 guidance at 1.220-1.240 EPS. Research analysts forecast that Howmet Aerospace will post 5.05 EPS for the current year.

Howmet Aerospace Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, May 26th. Stockholders of record on Friday, May 8th were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Friday, May 8th. Howmet Aerospace’s payout ratio is currently 11.14%.

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.

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Analyst Recommendations for Howmet Aerospace (NYSE:HWM)

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