Howmet Aerospace (NYSE:HWM) Hits New 12-Month Low – Here’s What Happened

Howmet Aerospace Inc. (NYSE:HWM)’s share price hit a new 52-week low during trading on Friday. The company traded as low as $183.52 and last traded at $187.1710, with a volume of 244,648 shares changing hands. The stock had previously closed at $193.29.

Wall Street Analysts Forecast Growth

HWM has been the topic of a number of research reports. Zacks Research lowered Howmet Aerospace from a “strong-buy” rating to a “hold” rating in a report on Friday, October 9th. Royal Bank Of Canada dropped their price objective on shares of Howmet Aerospace from $350.00 to $300.00 and set an “outperform” rating on the stock in a research note on Thursday, October 15th. Citigroup restated a “buy” rating on shares of Howmet Aerospace in a research report on Wednesday, September 30th. Susquehanna lifted their target price 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. Finally, Sanford C. Bernstein reiterated an “outperform” rating and set a $298.00 price target (down from $328.00) on shares of Howmet Aerospace in a research note on Wednesday, October 7th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $310.29.

Howmet Aerospace Stock Performance

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 of $239.34 and a 200 day moving average of $256.37. The firm has a market cap of $74.89 billion, a price-to-earnings ratio of 40.25, a PEG ratio of 1.87 and a beta of 1.21.

Howmet Aerospace (NYSE:HWM) last announced its earnings results on Thursday, August 6th. The company reported $1.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.24 by $0.09. Howmet Aerospace had a net margin of 20.52% and a return on equity of 33.91%. The firm had revenue of $2.55 billion during the quarter, compared to analyst estimates of $2.43 billion. During the same quarter in the prior year, the firm posted $0.91 EPS. Howmet Aerospace’s revenue 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. As a group, equities research analysts expect that Howmet Aerospace Inc. will post 5.34 EPS for the current fiscal year.

Howmet Aerospace Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 25th. Shareholders of record on Friday, November 6th will be paid a $0.14 dividend. The ex-dividend date is Friday, November 6th. This represents a $0.56 dividend on an annualized basis and a yield of 0.3%. Howmet Aerospace’s payout ratio is 12.07%.

Institutional Trading of Howmet Aerospace

Several large investors have recently made changes to their positions in HWM. West Paces Advisors Inc. acquired a new position in Howmet Aerospace in the 2nd quarter valued at $27,000. Bartlett & CO. Wealth Management LLC lifted its position in 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 acquiring an additional 38 shares during the last quarter. Markowski Investments acquired a new position in Howmet Aerospace during the 2nd quarter worth $29,000. Reyes Financial Architecture Inc. acquired a new position in Howmet Aerospace during the 3rd quarter worth $31,000. Finally, Retirement Wealth Solutions LLC boosted its holdings in Howmet Aerospace by 328.1% during the third quarter. Retirement Wealth Solutions LLC now owns 137 shares of the company’s stock valued at $31,000 after acquiring an additional 105 shares during the period. Institutional investors own 90.46% of the company’s stock.

About Howmet Aerospace

Howmet Aerospace Inc (NYSE:HWM) is a global manufacturer of advanced engineered products and materials primarily serving the aerospace, defense, commercial transportation and industrial markets. The company develops components designed to operate in demanding environments where strength, durability and weight reduction are important.

Howmet’s product portfolio includes aircraft engine components, airframe structures, titanium and nickel-based forgings, fastening systems and wheels for commercial vehicles.