Howmet Aerospace (NYSE:HWM) Stock Price Up 1.5% – Here’s What Happened

Howmet Aerospace Inc. (NYSE:HWM)’s stock price was up 1.5% during mid-day trading on Wednesday. The company traded as high as $230.37 and last traded at $228.8250. 2,397,777 shares were traded during trading, a decline of 13% from the average daily volume of 2,743,661 shares. The stock had previously closed at $225.36.

Analyst Ratings Changes

HWM has been the topic of several research reports. BTIG Research raised their price target on shares of Howmet Aerospace from $300.00 to $340.00 and gave the company a “buy” rating in a report on Monday, August 10th. Sanford C. Bernstein boosted their price objective on shares of Howmet Aerospace from $318.00 to $328.00 and gave the stock an “outperform” rating in a research note on Monday, August 24th. UBS Group increased their price objective on shares of Howmet Aerospace from $299.00 to $326.00 and gave the stock a “neutral” rating in a research report on Friday, August 7th. Citigroup reissued a “buy” rating on shares of Howmet Aerospace in a research note on Tuesday, September 1st. Finally, TD Cowen lifted their target price on shares of Howmet Aerospace from $300.00 to $320.00 and gave the company a “buy” rating in a report on Monday, July 13th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $318.00.

Howmet Aerospace Trading Up 1.4%

The firm has a market capitalization of $93.07 billion, a PE ratio of 50.13, a P/E/G ratio of 2.03 and a beta of 1.19. 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 firm has a fifty day moving average of $263.69 and a 200 day moving average of $258.62.

Howmet Aerospace (NYSE:HWM) last released its quarterly earnings results on Thursday, August 6th. The company reported $1.33 EPS for the quarter, topping the consensus estimate of $1.24 by $0.09. Howmet Aerospace had a return on equity of 33.91% and a net margin of 20.52%.The firm had revenue of $2.55 billion for the quarter, compared to analyst estimates of $2.43 billion. During the same period in the previous year, the company posted $0.91 EPS. Howmet Aerospace’s revenue for the quarter 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. Equities research analysts expect that Howmet Aerospace Inc. will post 5.33 EPS for the current year.

Howmet Aerospace Increases Dividend

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

Institutional Investors Weigh In On Howmet Aerospace

Several hedge funds and other institutional investors have recently added to or reduced their stakes in HWM. QRG Capital Management Inc. lifted its holdings in Howmet Aerospace by 43.2% in the 2nd quarter. QRG Capital Management Inc. now owns 85,876 shares of the company’s stock worth $23,089,000 after buying an additional 25,920 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its stake in shares of Howmet Aerospace by 0.9% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 16,574 shares of the company’s stock valued at $4,456,000 after acquiring an additional 149 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of Howmet Aerospace by 2.5% during the second quarter. Envestnet Asset Management Inc. now owns 669,540 shares of the company’s stock valued at $180,011,000 after acquiring an additional 16,498 shares in the last quarter. Andra AP fonden increased its position in shares of Howmet Aerospace by 12.7% during the second quarter. Andra AP fonden now owns 61,272 shares of the company’s stock worth $16,474,000 after acquiring an additional 6,900 shares during the last quarter. Finally, State Street Corp increased its position in shares of Howmet Aerospace by 3.3% during the second quarter. State Street Corp now owns 18,933,928 shares of the company’s stock worth $5,090,576,000 after acquiring an additional 612,866 shares during the last quarter. Hedge funds and other institutional investors own 90.46% of the company’s stock.

About Howmet Aerospace

Howmet Aerospace Inc (NYSE:HWM) is an aerospace and industrial manufacturer that develops and produces engineered components for commercial and defense aircraft, as well as products for transportation, energy and other industrial markets. Its offerings include aircraft engine components, airframe structures, fastening systems and forged aluminum wheels for commercial transportation.

The company’s aerospace products include turbine airfoils, engine casings, structural components and other specialized parts designed to support aircraft performance and efficiency.