Howmet Aerospace Inc. (NYSE:HWM – Get Free Report) was the recipient of unusually large options trading on Thursday. Traders acquired 10,794 put options on the stock. This represents an increase of approximately 203% compared to the typical volume of 3,558 put options.
Howmet Aerospace Stock Performance
Shares of Howmet Aerospace stock traded down $0.52 during trading hours on Thursday, reaching $222.23. 178,333 shares of the stock traded hands, compared to its average volume of 2,707,142. Howmet Aerospace has a one year low of $183.83 and a one year high of $310.00. The firm has a market capitalization of $88.91 billion, a price-to-earnings ratio of 47.96, a P/E/G ratio of 2.09 and a beta of 1.21. 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 price of $254.34 and a 200 day moving average price of $257.68.
Howmet Aerospace (NYSE:HWM – Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The company reported $1.33 earnings per share for the quarter, topping the consensus estimate of $1.24 by $0.09. The firm had revenue of $2.55 billion for the quarter, compared to analysts’ expectations of $2.43 billion. Howmet Aerospace had a net margin of 20.52% and a return on equity of 33.91%. The business’s quarterly revenue was up 24.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.91 EPS. 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. On average, equities research analysts expect that Howmet Aerospace will post 5.33 earnings per share for the current fiscal year.
Howmet Aerospace Increases Dividend
Analyst Ratings Changes
Several research firms recently commented on HWM. Royal Bank Of Canada increased their price objective on Howmet Aerospace from $325.00 to $350.00 and gave the company an “outperform” rating in a research report on Friday, August 7th. BTIG Research upped their target price on shares of Howmet Aerospace from $300.00 to $340.00 and gave the company a “buy” rating in a research note on Monday, August 10th. Susquehanna raised their price target on shares of Howmet Aerospace from $330.00 to $340.00 and gave the company a “positive” rating in a report on Friday, August 7th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $298.00 price target on shares of Howmet Aerospace in a research note on Wednesday. Finally, Zacks Research upgraded shares of Howmet Aerospace from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 12th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $313.26.
View Our Latest Analysis on HWM
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently modified their holdings of the business. West Paces Advisors Inc. bought a new position in Howmet Aerospace in the 2nd quarter worth $27,000. Cornerstone Financial Management LLC bought a new stake in Howmet Aerospace during the fourth quarter valued at about $28,000. Bartlett & CO. Wealth Management LLC increased its position in Howmet Aerospace by 55.1% in the second quarter. Bartlett & CO. Wealth Management LLC now owns 107 shares of the company’s stock worth $29,000 after buying an additional 38 shares in the last quarter. Markowski Investments purchased a new stake in Howmet Aerospace in the second quarter worth about $29,000. Finally, Retirement Wealth Solutions LLC raised its stake in shares of Howmet Aerospace by 328.1% in the third quarter. Retirement Wealth Solutions LLC now owns 137 shares of the company’s stock worth $31,000 after buying an additional 105 shares during the period. Hedge funds and other institutional investors own 90.46% of the company’s stock.
Howmet Aerospace Company Profile
Howmet Aerospace Inc (NYSE:HWM) is an aerospace and industrial products company that develops and manufactures advanced engineered components and systems. Its products are used primarily in commercial and defense aircraft, aircraft engines, and other transportation and industrial applications.
The company’s principal businesses include engine products, fastening systems, engineered structures, and forged wheels. Its offerings include forged and cast engine components, airfoils, titanium and nickel-based parts, aerospace structural components, specialized fasteners, and forged aluminum wheels for commercial transportation.
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