Howmet Aerospace (NYSE:HWM) Price Target Raised to $227.00

Howmet Aerospace (NYSE:HWM) had its target price upped by JPMorgan Chase & Co. from $190.00 to $227.00 in a research report sent to investors on Monday morning,Benzinga reports. They currently have an overweight rating on the stock.

Several other analysts have also commented on HWM. TD Cowen raised their price objective on Howmet Aerospace from $210.00 to $240.00 and gave the company a “buy” rating in a report on Friday, October 31st. Industrial Alliance Securities set a $240.00 price target on shares of Howmet Aerospace in a research note on Monday, November 3rd. Bank of America boosted their price target on shares of Howmet Aerospace from $185.00 to $215.00 and gave the stock a “buy” rating in a report on Tuesday, August 5th. Zacks Research downgraded shares of Howmet Aerospace from a “strong-buy” rating to a “hold” rating in a report on Friday, September 26th. Finally, The Goldman Sachs Group lifted their target price on shares of Howmet Aerospace from $205.00 to $226.00 and gave the company a “buy” rating in a research report on Monday, November 3rd. Fourteen equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $212.79.

Howmet Aerospace Stock Down 1.9%

HWM opened at $204.96 on Monday. The company has a fifty day moving average of $193.77 and a two-hundred day moving average of $180.20. The stock has a market capitalization of $82.41 billion, a price-to-earnings ratio of 59.93, a PEG ratio of 2.64 and a beta of 1.47. Howmet Aerospace has a fifty-two week low of $105.04 and a fifty-two week high of $211.95. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.08 and a current ratio of 2.31.

Howmet Aerospace (NYSE:HWM) last posted its earnings results on Thursday, October 30th. The company reported $0.95 EPS for the quarter, beating analysts’ consensus estimates of $0.91 by $0.04. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.The firm had revenue of $2.09 billion for the quarter, compared to analysts’ expectations of $2.04 billion. During the same period last year, the firm earned $0.81 EPS. The company’s quarterly revenue was up 13.8% on a year-over-year basis. Howmet Aerospace has set its FY 2025 guidance at 3.660-3.680 EPS. Q4 2025 guidance at 0.940-0.960 EPS. On average, research analysts expect that Howmet Aerospace will post 3.27 earnings per share for the current year.

Howmet Aerospace Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, November 25th. Investors of record on Friday, November 7th will be given a dividend of $0.12 per share. The ex-dividend date is Friday, November 7th. This represents a $0.48 dividend on an annualized basis and a yield of 0.2%. Howmet Aerospace’s payout ratio is presently 13.48%.

Institutional Trading of Howmet Aerospace

Hedge funds have recently bought and sold shares of the business. Norges Bank purchased a new stake in shares of Howmet Aerospace in the second quarter valued at approximately $1,633,157,000. JPMorgan Chase & Co. lifted its position in Howmet Aerospace by 30.1% during the second 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 in the last quarter. Nuveen LLC acquired a new position in Howmet Aerospace during the first quarter worth $366,209,000. American Century Companies Inc. boosted its stake in Howmet Aerospace by 51.8% during the second quarter. American Century Companies Inc. now owns 3,635,999 shares of the company’s stock worth $676,769,000 after buying an additional 1,240,071 shares during the last quarter. Finally, Westfield Capital Management Co. LP purchased a new stake in Howmet Aerospace in the 1st quarter valued at $147,251,000. Institutional investors and hedge funds own 90.46% of the company’s stock.

Howmet Aerospace Company Profile

Howmet Aerospace Inc provides advanced engineered solutions for the aerospace and transportation industries in the United States, Japan, France, Germany, the United Kingdom, Mexico, Italy, Canada, Poland, China, and internationally. It operates through four segments: Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels.