Howmet Aerospace Inc. (NYSE:HWM) Stock Has Consensus Target Price of $318.00

Howmet Aerospace Inc. (NYSE:HWM) has earned a consensus recommendation of “Buy” from the twenty-one ratings firms that are currently covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a hold recommendation, seventeen have assigned a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $318.00.

Several brokerages have commented on HWM. Weiss Ratings raised shares of Howmet Aerospace from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, August 19th. 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 report on Monday, August 24th. Wells Fargo & Company reaffirmed an “outperform” rating and issued a $315.00 target price on shares of Howmet Aerospace in a research report on Monday, August 10th. TD Cowen upped their target price on Howmet Aerospace from $300.00 to $320.00 and gave the stock a “buy” rating in a report on Monday, July 13th. Finally, UBS Group increased their price target on Howmet Aerospace from $299.00 to $326.00 and gave the company a “neutral” rating in a research report on Friday, August 7th.

Institutional Investors Weigh In On Howmet Aerospace

Several large investors have recently made changes to their positions in the stock. QRG Capital Management Inc. increased its holdings in Howmet Aerospace by 43.2% during the second quarter. QRG Capital Management Inc. now owns 85,876 shares of the company’s stock worth $23,089,000 after buying an additional 25,920 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its position in shares of Howmet Aerospace by 0.9% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 16,574 shares of the company’s stock valued at $4,456,000 after acquiring an additional 149 shares during the period. Envestnet Asset Management Inc. grew its position in shares of Howmet Aerospace by 2.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 669,540 shares of the company’s stock valued at $180,011,000 after acquiring an additional 16,498 shares during the period. Andra AP fonden increased its stake in shares of Howmet Aerospace by 12.7% during the 2nd quarter. Andra AP fonden now owns 61,272 shares of the company’s stock worth $16,474,000 after purchasing an additional 6,900 shares during the last quarter. Finally, State Street Corp increased its stake in shares of Howmet Aerospace by 3.3% during the 2nd quarter. State Street Corp now owns 18,933,928 shares of the company’s stock worth $5,090,576,000 after purchasing an additional 612,866 shares during the last quarter. Institutional investors and hedge funds own 90.46% of the company’s stock.

Howmet Aerospace Price Performance

NYSE HWM opened at $232.62 on Friday. The firm’s 50 day moving average is $262.90 and its 200-day moving average is $258.44. 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 market capitalization of $93.07 billion, a PE ratio of 50.13, a price-to-earnings-growth ratio of 2.10 and a beta of 1.19. Howmet Aerospace has a 12-month low of $183.83 and a 12-month high of $310.00.

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

Howmet Aerospace Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, August 25th. Stockholders of record on Friday, August 7th were paid a dividend of $0.14 per share. The ex-dividend date was Friday, August 7th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.2%. This is an increase from Howmet Aerospace’s previous quarterly dividend of $0.12. Howmet Aerospace’s dividend payout ratio (DPR) is currently 12.07%.

About Howmet Aerospace

Howmet Aerospace Inc (NYSE:HWM) is an aerospace and industrial manufacturer that develops and produces engineered components for commercial and defense aircraft, as well as products for transportation, energy and other industrial markets. Its offerings include aircraft engine components, airframe structures, fastening systems and forged aluminum wheels for commercial transportation.

The company’s aerospace products include turbine airfoils, engine casings, structural components and other specialized parts designed to support aircraft performance and efficiency.