Howmet Aerospace (NYSE:HWM) Price Target Raised to $328.00

Howmet Aerospace (NYSE:HWM) had its price target raised by Sanford C. Bernstein from $318.00 to $328.00 in a research report report published on Monday, MarketBeat.com reports. Sanford C. Bernstein currently has an outperform rating on the stock.

A number of other research analysts also recently issued reports on the company. Morgan Stanley reiterated an “overweight” rating and set a $335.00 price objective on shares of Howmet Aerospace in a research note on Monday, August 10th. Jefferies Financial Group restated a “buy” rating and set a $370.00 target price on shares of Howmet Aerospace in a research note on Sunday, August 9th. Royal Bank Of Canada lifted their price target on shares of Howmet Aerospace from $325.00 to $350.00 and gave the company an “outperform” rating in a report on Friday, August 7th. TD Cowen upped their price target on shares of Howmet Aerospace from $300.00 to $320.00 and gave the stock a “buy” rating in a research report on Monday, July 13th. Finally, Zacks Research raised shares of Howmet Aerospace from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 12th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $316.22.

Howmet Aerospace Price Performance

NYSE HWM opened at $269.32 on Monday. The business’s fifty day moving average is $277.90 and its 200 day moving average is $260.14. Howmet Aerospace has a fifty-two week low of $170.81 and a fifty-two week high of $310.00. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.87 and a current ratio of 1.82. The company has a market capitalization of $107.76 billion, a PE ratio of 58.04, a price-to-earnings-growth ratio of 1.89 and a beta of 1.20.

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

Howmet Aerospace Increases Dividend

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

Institutional Trading of Howmet Aerospace

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. West Paces Advisors Inc. purchased a new stake in Howmet Aerospace during the 2nd quarter valued at approximately $27,000. Bartlett & CO. Wealth Management LLC lifted its holdings in shares of Howmet Aerospace by 55.1% in the second quarter. Bartlett & CO. Wealth Management LLC now owns 107 shares of the company’s stock worth $29,000 after buying an additional 38 shares in the last quarter. Markowski Investments purchased a new position in shares of Howmet Aerospace in the second quarter worth $29,000. Acumen Wealth Advisors LLC purchased a new position in shares of Howmet Aerospace in the fourth quarter worth $25,000. Finally, Newbridge Financial Services Group Inc. boosted its position in shares of Howmet Aerospace by 119.7% during 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 during the last quarter. 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.