Howmet Aerospace (NYSE:HWM) Shares Climb 1.2% – Should You Buy?

Shares of Howmet Aerospace Inc. (NYSE:HWM) shot up 1.2% on Tuesday. The company traded as high as $232.30 and last traded at $230.99. Approximately 1,841,806 shares were traded during mid-day trading, a decline of 32% from the average daily volume of 2,728,234 shares. The stock had previously closed at $228.32.

Wall Street Analyst Weigh In

HWM has been the topic of several recent analyst reports. Royal Bank Of Canada lifted their price target on Howmet Aerospace from $325.00 to $350.00 and gave the company an “outperform” rating in a research note on Friday, August 7th. Wells Fargo & Company restated an “outperform” rating and set a $315.00 price objective on shares of Howmet Aerospace in a research report on Monday, August 10th. Sanford C. Bernstein raised their price objective on Howmet Aerospace from $318.00 to $328.00 and gave the company an “outperform” rating in a research note on Monday, August 24th. Weiss Ratings raised Howmet Aerospace from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, August 19th. Finally, Citigroup reissued a “buy” rating on shares of Howmet Aerospace in a research note on Tuesday, September 1st. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $318.00.

Howmet Aerospace Stock Performance

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 company has a market cap of $92.42 billion, a price-to-earnings ratio of 49.78, a P/E/G ratio of 2.10 and a beta of 1.19. The company has a fifty day moving average of $262.02 and a two-hundred day moving average of $258.29.

Howmet Aerospace (NYSE:HWM) last issued its earnings results on Thursday, August 6th. The company reported $1.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.24 by $0.09. Howmet Aerospace had a return on equity of 33.91% and a net margin of 20.52%.The business had revenue of $2.55 billion during the quarter, compared to analysts’ expectations of $2.43 billion. During the same quarter in the prior year, the firm earned $0.91 EPS. The business’s revenue for the quarter was up 24.1% compared to the same quarter last year. 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 anticipate that Howmet Aerospace Inc. will post 5.33 EPS for the current year.

Howmet Aerospace Increases Dividend

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

Institutional Investors Weigh In On Howmet Aerospace

A number of institutional investors have recently made changes to their positions in HWM. West Paces Advisors Inc. acquired a new position in shares of Howmet Aerospace in the 2nd quarter worth approximately $27,000. Bartlett & CO. Wealth Management LLC lifted its holdings in Howmet Aerospace by 55.1% in the second quarter. Bartlett & CO. Wealth Management LLC now owns 107 shares of the company’s stock valued at $29,000 after buying an additional 38 shares during the period. Markowski Investments bought a new stake in Howmet Aerospace during the second quarter valued at $29,000. Cornerstone Financial Management LLC acquired a new stake in Howmet Aerospace during the 4th quarter worth about $28,000. Finally, Wilkerson Advisory Group LLC grew its holdings in Howmet Aerospace by 129.7% during the 1st quarter. Wilkerson Advisory Group LLC now owns 147 shares of the company’s stock worth $34,000 after acquiring an additional 83 shares during the period. Institutional investors own 90.46% of the company’s stock.

About Howmet Aerospace

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.