Howmet Aerospace (NYSE:HWM) Shares Gap Down – What’s Next?

Howmet Aerospace Inc. (NYSE:HWM)’s stock price gapped down before the market opened on Monday . The stock had previously closed at $264.85, but opened at $248.25. Howmet Aerospace shares last traded at $247.7480, with a volume of 780,460 shares traded.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on HWM. UBS Group boosted their price objective on Howmet Aerospace from $299.00 to $326.00 and gave the company a “neutral” rating in a research note on Friday, August 7th. BTIG Research raised their target price on shares of Howmet Aerospace from $300.00 to $340.00 and gave the stock a “buy” rating in a research report on Monday, August 10th. TD Cowen lifted their target price on shares of Howmet Aerospace from $300.00 to $320.00 and gave the company a “buy” rating in a report on Monday, July 13th. Sanford C. Bernstein upped their price target on shares of Howmet Aerospace from $318.00 to $328.00 and gave the company an “outperform” rating in a research report on Monday, August 24th. Finally, Susquehanna increased their price target on shares of Howmet Aerospace from $330.00 to $340.00 and gave the stock a “positive” rating in a research note on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, Howmet Aerospace presently has an average rating of “Moderate Buy” and a consensus price target of $316.22.

Howmet Aerospace Price Performance

The company has a 50-day moving average of $277.41 and a 200-day moving average of $260.72. 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 stock has a market cap of $97.95 billion, a price-to-earnings ratio of 52.76, a PEG ratio of 1.89 and a beta of 1.20.

Howmet Aerospace (NYSE:HWM) last posted its quarterly earnings data on Thursday, August 6th. The company reported $1.33 earnings per share 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 company had revenue of $2.55 billion during the quarter, compared to analysts’ expectations of $2.43 billion. During the same period last year, the firm earned $0.91 EPS. The firm’s revenue for the quarter 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. As a group, equities research analysts predict that Howmet Aerospace Inc. will post 5.33 earnings per share for the current year.

Howmet Aerospace Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, August 25th. Investors of record on Friday, August 7th were issued a dividend of $0.14 per share. This is a boost 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 of this dividend was Friday, August 7th. Howmet Aerospace’s dividend payout ratio is 12.07%.

Hedge Funds Weigh In On Howmet Aerospace

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Premier Path Wealth Partners LLC raised its stake in shares of Howmet Aerospace by 1.0% during the 2nd quarter. Premier Path Wealth Partners LLC now owns 3,812 shares of the company’s stock worth $1,025,000 after buying an additional 37 shares in the last quarter. Bartlett & CO. Wealth Management LLC lifted its holdings in shares of Howmet Aerospace by 55.1% in the 2nd quarter. Bartlett & CO. Wealth Management LLC now owns 107 shares of the company’s stock valued at $29,000 after buying an additional 38 shares during the period. UMB Bank n.a. boosted its stake in shares of Howmet Aerospace by 2.6% in the fourth quarter. UMB Bank n.a. now owns 1,620 shares of the company’s stock valued at $332,000 after buying an additional 41 shares in the last quarter. Tudor Financial Inc. boosted its stake in shares of Howmet Aerospace by 2.6% in the fourth quarter. Tudor Financial Inc. now owns 1,650 shares of the company’s stock valued at $338,000 after buying an additional 42 shares in the last quarter. Finally, Parkside Financial Bank & Trust grew its holdings in Howmet Aerospace by 4.1% during the fourth quarter. Parkside Financial Bank & Trust now owns 1,077 shares of the company’s stock worth $221,000 after acquiring an additional 42 shares during the period. 90.46% of the stock is currently owned by hedge funds and other institutional investors.

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.