Howmet Aerospace (NYSE:HWM) Upgraded at Zacks Research

Zacks Research upgraded shares of Howmet Aerospace (NYSE:HWM) from a hold rating to a strong-buy rating in a research note published on Monday,Zacks.com reports.

A number of other research analysts have also recently weighed in on HWM. Susquehanna raised their price target on Howmet Aerospace from $170.00 to $210.00 and gave the company a “positive” rating in a research report on Monday, July 14th. Wells Fargo & Company increased their price objective on shares of Howmet Aerospace from $118.00 to $145.00 and gave the company an “equal weight” rating in a research note on Friday, May 2nd. BTIG Research set a $205.00 target price on shares of Howmet Aerospace and gave the stock a “buy” rating in a research report on Monday, August 4th. Truist Financial upped their price target on shares of Howmet Aerospace from $161.00 to $192.00 and gave the company a “buy” rating in a report on Thursday, June 12th. Finally, UBS Group increased their price target on shares of Howmet Aerospace from $120.00 to $155.00 and gave the company a “neutral” rating in a research report on Friday, May 2nd. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $172.13.

Howmet Aerospace Price Performance

HWM stock opened at $175.92 on Monday. The firm has a 50 day moving average of $180.15 and a 200-day moving average of $155.37. The company has a market cap of $70.92 billion, a price-to-earnings ratio of 51.44, a PEG ratio of 2.28 and a beta of 1.48. The company has a current ratio of 2.31, a quick ratio of 1.08 and a debt-to-equity ratio of 0.65. Howmet Aerospace has a 12-month low of $90.71 and a 12-month high of $193.26.

Howmet Aerospace (NYSE:HWM) last released its quarterly earnings results on Thursday, July 31st. The company reported $0.91 earnings per share for the quarter, topping analysts’ consensus estimates of $0.87 by $0.04. The business had revenue of $2.05 billion for the quarter, compared to analysts’ expectations of $1.99 billion. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.The company’s revenue was up 9.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.67 EPS. Howmet Aerospace has set its Q3 2025 guidance at 0.890-0.910 EPS. FY 2025 guidance at 3.560-3.640 EPS. As a group, equities analysts expect that Howmet Aerospace will post 3.27 EPS for the current fiscal year.

Howmet Aerospace Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 25th. Investors of record on Friday, August 8th were paid a dividend of $0.12 per share. The ex-dividend date of this dividend was Friday, August 8th. This is a positive change from Howmet Aerospace’s previous quarterly dividend of $0.10. This represents a $0.48 annualized dividend and a dividend yield of 0.3%. Howmet Aerospace’s payout ratio is currently 14.04%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of HWM. Traub Capital Management LLC acquired a new stake in shares of Howmet Aerospace during the second quarter worth $25,000. Winnow Wealth LLC purchased a new position in Howmet Aerospace during the second quarter worth about $25,000. Newbridge Financial Services Group Inc. boosted its stake in Howmet Aerospace by 119.7% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock worth $25,000 after buying an additional 73 shares during the last quarter. Atlantic Union Bankshares Corp purchased a new stake in Howmet Aerospace in the 2nd quarter valued at about $32,000. Finally, Penserra Capital Management LLC grew its holdings in Howmet Aerospace by 450.0% in the 2nd quarter. Penserra Capital Management LLC now owns 198 shares of the company’s stock valued at $36,000 after buying an additional 162 shares during the period. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Howmet Aerospace Company Profile

Howmet Aerospace Inc provides advanced engineered solutions for the aerospace and transportation industries in the United States, Japan, France, Germany, the United Kingdom, Mexico, Italy, Canada, Poland, China, and internationally. It operates through four segments: Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels.