Howmet Aerospace (NYSE:HWM) Sets New 12-Month High – Still a Buy?

Shares of Howmet Aerospace Inc. (NYSE:HWM) hit a new 52-week high during trading on Thursday . The stock traded as high as $261.83 and last traded at $259.5450, with a volume of 1923595 shares. The stock had previously closed at $260.95.

Analyst Ratings Changes

HWM has been the subject of several research reports. Deutsche Bank Aktiengesellschaft set a $278.00 price objective on shares of Howmet Aerospace and gave the stock a “buy” rating in a research report on Friday, February 13th. iA Financial set a $240.00 price target on Howmet Aerospace in a research note on Monday, November 3rd. JPMorgan Chase & Co. boosted their price target on Howmet Aerospace from $227.00 to $265.00 and gave the company an “overweight” rating in a report on Thursday, February 19th. BTIG Research increased their price objective on Howmet Aerospace from $240.00 to $275.00 and gave the stock a “buy” rating in a report on Wednesday, February 18th. Finally, Sanford C. Bernstein restated an “outperform” rating and issued a $280.00 target price on shares of Howmet Aerospace in a research note on Tuesday, February 17th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, Howmet Aerospace currently has an average rating of “Moderate Buy” and an average price target of $252.95.

Howmet Aerospace Stock Performance

The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.09 and a current ratio of 2.13. The stock has a market capitalization of $105.10 billion, a P/E ratio of 70.65, a PEG ratio of 2.41 and a beta of 1.26. The company’s fifty day simple moving average is $224.60 and its two-hundred day simple moving average is $203.01.

Howmet Aerospace (NYSE:HWM) last released its quarterly earnings results on Thursday, February 12th. The company reported $1.05 EPS for the quarter, topping analysts’ consensus estimates of $0.97 by $0.08. Howmet Aerospace had a net margin of 18.27% and a return on equity of 30.41%. The business had revenue of $2.17 billion for the quarter, compared to analyst estimates of $2.12 billion. During the same period last year, the firm earned $0.77 earnings per share. Howmet Aerospace’s revenue for the quarter was up 14.6% compared to the same quarter last year. 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. As a group, equities analysts forecast that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 25th. Investors of record on Friday, February 6th were issued 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 Transactions at Howmet Aerospace

In other news, VP Barbara Lou Shultz sold 1,000 shares of the company’s stock in a transaction that occurred 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 transaction, the vice president directly owned 23,874 shares of the company’s stock, valued at $6,207,240. This represents a 4.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Neil Edward Marchuk sold 45,150 shares of Howmet Aerospace 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 completion of the sale, the executive vice president directly owned 107,008 shares of the company’s stock, valued at approximately $26,933,913.60. The trade was a 29.67% decrease in their position. The SEC filing for this sale provides additional information. 1.04% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. lifted its position in Howmet Aerospace by 1.4% in the 3rd quarter. Vanguard Group Inc. now owns 49,139,989 shares of the company’s stock valued at $9,642,740,000 after acquiring an additional 664,595 shares in the last quarter. JPMorgan Chase & Co. grew its holdings 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. State Street Corp raised its position in Howmet Aerospace by 2.2% in the 4th quarter. State Street Corp now owns 18,365,429 shares of the company’s stock valued at $3,765,280,000 after buying an additional 400,767 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its stake in Howmet Aerospace by 27.0% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 16,632,206 shares of the company’s stock valued at $3,409,936,000 after acquiring an additional 3,531,700 shares in the last quarter. Finally, Geode Capital Management LLC boosted its holdings in Howmet Aerospace by 2.0% during the 4th quarter. Geode Capital Management LLC now owns 11,307,538 shares of the company’s stock worth $2,316,277,000 after acquiring an additional 221,775 shares during the last quarter. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Howmet Aerospace Company Profile

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.