Howmet Aerospace (NYSE:HWM) Sets New 12-Month High Following Analyst Upgrade

Howmet Aerospace Inc. (NYSE:HWM)’s stock price reached a new 52-week high during mid-day trading on Friday after Bank of America raised their price target on the stock from $250.00 to $300.00. Bank of America currently has a buy rating on the stock. Howmet Aerospace traded as high as $258.83 and last traded at $258.22, with a volume of 591534 shares trading hands. The stock had previously closed at $251.30.

A number of other equities research analysts also recently issued reports on HWM. UBS Group boosted their target price on shares of Howmet Aerospace from $228.00 to $260.00 and gave the company a “neutral” rating in a report on Tuesday. JPMorgan Chase & Co. boosted their price objective on shares of Howmet Aerospace from $227.00 to $265.00 and gave the company an “overweight” rating in a research note on Thursday. Deutsche Bank Aktiengesellschaft set a $278.00 target price on Howmet Aerospace and gave the stock a “buy” rating in a research report on Friday, February 13th. Sanford C. Bernstein reissued an “outperform” rating and set a $280.00 price target on shares of Howmet Aerospace in a research report on Tuesday. Finally, Jefferies Financial Group restated a “buy” rating and issued a $315.00 price objective on shares of Howmet Aerospace in a report on Sunday. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, Howmet Aerospace has an average rating of “Moderate Buy” and a consensus price target of $252.95.

Insider Activity at Howmet Aerospace

In related news, EVP Neil Edward Marchuk sold 45,150 shares of the firm’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $251.70, for a total transaction of $11,364,255.00. Following the sale, the executive vice president directly owned 107,008 shares in the company, valued at approximately $26,933,913.60. This trade represents a 29.67% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 1.04% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Howmet Aerospace

A number of institutional investors have recently made changes to their positions in the business. Norges Bank bought a new position in shares of Howmet Aerospace during the second quarter valued at approximately $1,633,157,000. JPMorgan Chase & Co. grew its stake in Howmet Aerospace by 30.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 31,806,624 shares of the company’s stock worth $5,920,181,000 after buying an additional 7,356,077 shares during the last quarter. Price T Rowe Associates Inc. MD increased its position in Howmet Aerospace by 27.0% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 16,632,206 shares of the company’s stock worth $3,409,936,000 after buying an additional 3,531,700 shares during the period. American Century Companies Inc. lifted its stake in Howmet Aerospace by 51.8% in the second quarter. American Century Companies Inc. now owns 3,635,999 shares of the company’s stock valued at $676,769,000 after buying an additional 1,240,071 shares during the last quarter. Finally, Invesco Ltd. boosted its holdings in shares of Howmet Aerospace by 12.2% during the third quarter. Invesco Ltd. now owns 7,367,438 shares of the company’s stock valued at $1,445,712,000 after acquiring an additional 801,093 shares during the period. 90.46% of the stock is owned by institutional investors and hedge funds.

Howmet Aerospace Trading Up 2.7%

The firm’s fifty day moving average price is $217.12 and its 200-day moving average price is $199.72. The company has a market cap of $103.50 billion, a price-to-earnings ratio of 69.51, a P/E/G ratio of 2.51 and a beta of 1.26. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.13 and a quick ratio of 1.09.

Howmet Aerospace (NYSE:HWM) last issued its quarterly earnings data on Thursday, February 12th. The company reported $1.05 earnings per share for the quarter, beating the consensus estimate of $0.97 by $0.08. The firm had revenue of $2.17 billion for the quarter, compared to the consensus estimate of $2.12 billion. Howmet Aerospace had a net margin of 18.27% and a return on equity of 30.41%. Howmet Aerospace’s quarterly revenue was up 14.6% compared to the same quarter last year. During the same period last year, the firm posted $0.77 EPS. Howmet Aerospace has set its Q1 2026 guidance at 1.090-1.110 EPS and its FY 2026 guidance at 4.350-4.550 EPS. On average, equities analysts expect that Howmet Aerospace Inc. will post 3.27 EPS for the current fiscal year.

Howmet Aerospace Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, February 25th. Investors of record on Friday, February 6th will be given a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 0.2%. The ex-dividend date is Friday, February 6th. Howmet Aerospace’s dividend payout ratio (DPR) is currently 12.94%.

Howmet Aerospace Company Profile

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.