Howmet Aerospace (NYSE:HWM) Price Target Raised to $325.00

Howmet Aerospace (NYSE:HWM) had its price objective boosted by Royal Bank Of Canada from $300.00 to $325.00 in a research note issued to investors on Monday morning,Benzinga reports. Royal Bank Of Canada currently has an outperform rating on the stock.

Several other analysts have also recently issued reports on the company. Susquehanna increased their target price on Howmet Aerospace from $300.00 to $330.00 and gave the company a “positive” rating in a research report on Friday, May 8th. TD Cowen boosted their price target on Howmet Aerospace from $300.00 to $320.00 and gave the stock a “buy” rating in a research report on Monday, July 13th. Morgan Stanley reaffirmed an “overweight” rating and set a $315.00 price objective on shares of Howmet Aerospace in a research report on Friday, May 8th. Citigroup lifted their target price on Howmet Aerospace from $303.00 to $311.00 and gave the company a “buy” rating in a research note on Wednesday, July 1st. Finally, BNP Paribas Exane reiterated an “outperform” rating and issued a $340.00 target price (up from $265.00) on shares of Howmet Aerospace in a report on Friday, May 8th. Eighteen research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $294.53.

Howmet Aerospace Trading Down 4.4%

NYSE:HWM opened at $273.35 on Monday. The firm has a 50-day simple moving average of $269.06 and a 200-day simple moving average of $251.02. Howmet Aerospace has a one year low of $169.45 and a one year high of $295.28. The firm has a market cap of $109.37 billion, a P/E ratio of 63.42, a P/E/G ratio of 2.25 and a beta of 1.19. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.59 and a current ratio of 2.44.

Howmet Aerospace (NYSE:HWM) last released its quarterly earnings data on Thursday, May 7th. The company reported $1.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.11 by $0.11. The firm had revenue of $2.31 billion for the quarter, compared to the consensus estimate of $2.24 billion. Howmet Aerospace had a net margin of 20.23% and a return on equity of 29.27%. The company’s quarterly revenue was up 19.1% on a year-over-year basis. During the same period last year, the firm earned $0.86 earnings per share. Howmet Aerospace has set its FY 2026 guidance at 4.880-5.000 EPS and its Q2 2026 guidance at 1.220-1.240 EPS. Equities analysts anticipate that Howmet Aerospace will post 5.05 EPS for the current fiscal year.

Howmet Aerospace Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 25th. Stockholders of record on Friday, August 7th will be issued a dividend of $0.14 per share. The ex-dividend date is Friday, August 7th. 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. Howmet Aerospace’s dividend payout ratio (DPR) is currently 11.14%.

Insider Buying and Selling at Howmet Aerospace

In other news, EVP Neil Edward Marchuk sold 41,932 shares of the firm’s stock in a transaction on Monday, May 11th. The stock was sold at an average price of $269.50, for a total value of $11,300,674.00. Following the completion of the sale, the executive vice president owned 65,105 shares of the company’s stock, valued at $17,545,797.50. This trade represents a 39.18% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.85% of the stock is owned by insiders.

Institutional Investors Weigh In On Howmet Aerospace

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Platform Technology Partners acquired a new stake in Howmet Aerospace in the second quarter worth about $262,000. Sunpointe LLC increased its holdings in shares of Howmet Aerospace by 62.4% during the second quarter. Sunpointe LLC now owns 4,691 shares of the company’s stock valued at $1,261,000 after acquiring an additional 1,802 shares in the last quarter. WealthBridge Capital Management LLC acquired a new position in shares of Howmet Aerospace during the second quarter valued at about $221,000. Petra Financial Advisors Inc. raised its position in shares of Howmet Aerospace by 76.3% in the 2nd quarter. Petra Financial Advisors Inc. now owns 5,071 shares of the company’s stock valued at $1,363,000 after purchasing an additional 2,195 shares during the last quarter. Finally, Bartlett & CO. Wealth Management LLC raised its position in shares of Howmet Aerospace by 55.1% in the 2nd quarter. Bartlett & CO. Wealth Management LLC now owns 107 shares of the company’s stock valued at $29,000 after purchasing an additional 38 shares during the last quarter. 90.46% of the stock is currently owned by hedge funds and other institutional investors.

About Howmet Aerospace

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.