Howmet Aerospace (NYSE:HWM) Price Target Raised to $300.00

Howmet Aerospace (NYSE:HWM) had its target price lifted by Royal Bank Of Canada from $275.00 to $300.00 in a report issued on Wednesday morning,Benzinga reports. The firm currently has an outperform rating on the stock.

A number of other equities analysts have also commented on HWM. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $280.00 price objective on shares of Howmet Aerospace in a research note on Tuesday, February 17th. JPMorgan Chase & Co. raised their price target on shares of Howmet Aerospace from $227.00 to $265.00 and gave the stock an “overweight” rating in a report on Thursday, February 19th. BNP Paribas Exane started coverage on shares of Howmet Aerospace in a research note on Tuesday, November 18th. They issued an “outperform” rating and a $240.00 price objective on the stock. Jefferies Financial Group reissued a “buy” rating and set a $315.00 target price on shares of Howmet Aerospace in a research note on Sunday, February 15th. Finally, Susquehanna upped their price target on shares of Howmet Aerospace from $255.00 to $290.00 and gave the company a “positive” rating in a research report on Friday, February 13th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $256.15.

Howmet Aerospace Price Performance

Shares of NYSE:HWM opened at $236.76 on Wednesday. The firm has a market cap of $94.93 billion, a PE ratio of 63.82, a price-to-earnings-growth ratio of 2.26 and a beta of 1.21. The firm’s fifty day moving average is $233.28 and its 200-day moving average is $208.49. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.09 and a current ratio of 2.13. Howmet Aerospace has a 52 week low of $105.04 and a 52 week high of $267.31.

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, topping the consensus estimate of $0.97 by $0.08. The company had revenue of $2.17 billion for the quarter, compared to analysts’ expectations of $2.12 billion. Howmet Aerospace had a net margin of 18.27% and a return on equity of 30.41%. Howmet Aerospace’s revenue for the quarter was up 14.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.77 earnings per share. 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. Sell-side analysts predict that Howmet Aerospace will post 3.27 earnings per share for the current year.

Howmet Aerospace Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 25th. Stockholders of record on Friday, February 6th were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Friday, February 6th. This represents a $0.48 annualized dividend and a dividend yield of 0.2%. Howmet Aerospace’s dividend payout ratio (DPR) is 12.94%.

Insider Buying and Selling at Howmet Aerospace

In related news, EVP Neil Edward Marchuk sold 45,150 shares of the stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $251.70, for a total transaction of $11,364,255.00. Following the transaction, the executive vice president directly owned 107,008 shares of the company’s stock, valued at $26,933,913.60. This represents a 29.67% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Barbara Lou Shultz sold 1,000 shares of the firm’s stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $260.00, for a total transaction of $260,000.00. Following the completion of the sale, the vice president owned 23,874 shares of the company’s stock, valued at $6,207,240. The trade was a 4.02% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 1.04% of the company’s stock.

Hedge Funds Weigh In On Howmet Aerospace

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Traub Capital Management LLC bought a new stake in Howmet Aerospace in the 2nd quarter valued at about $25,000. Winnow Wealth LLC acquired a new position in Howmet Aerospace during the 2nd quarter worth approximately $25,000. Newbridge Financial Services Group Inc. boosted its holdings in Howmet Aerospace by 119.7% in the second quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock worth $25,000 after acquiring an additional 73 shares in the last quarter. Acumen Wealth Advisors LLC bought a new position in Howmet Aerospace in the fourth quarter worth approximately $25,000. Finally, Sound Income Strategies LLC grew its stake in Howmet Aerospace by 66.7% in the fourth quarter. Sound Income Strategies LLC now owns 125 shares of the company’s stock valued at $28,000 after acquiring an additional 50 shares during the period. Institutional investors own 90.46% of the company’s stock.

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.