Howmet Aerospace (NYSE:HWM) Now Covered by BNP Paribas Exane

BNP Paribas Exane initiated coverage on shares of Howmet Aerospace (NYSE:HWM) in a research note issued to investors on Tuesday, Marketbeat.com reports. The brokerage issued an outperform rating and a $240.00 target price on the stock.

A number of other research analysts have also weighed in on the company. Cowen reissued a “buy” rating on shares of Howmet Aerospace in a research note on Friday, October 31st. JPMorgan Chase & Co. upped their target price on Howmet Aerospace from $190.00 to $227.00 and gave the company an “overweight” rating in a research note on Monday, November 10th. Wall Street Zen raised Howmet Aerospace from a “hold” rating to a “buy” rating in a research note on Saturday, August 2nd. Royal Bank Of Canada lifted their price target on Howmet Aerospace from $210.00 to $235.00 and gave the company an “outperform” rating in a report on Friday, October 31st. Finally, BTIG Research increased their price objective on shares of Howmet Aerospace from $205.00 to $240.00 and gave the stock a “buy” rating in a report on Monday, November 3rd. Fifteen equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $216.93.

Howmet Aerospace Price Performance

Howmet Aerospace stock opened at $201.23 on Tuesday. The stock has a market capitalization of $80.91 billion, a P/E ratio of 58.84, a P/E/G ratio of 2.64 and a beta of 1.47. Howmet Aerospace has a 12-month low of $105.04 and a 12-month high of $211.95. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.31 and a quick ratio of 1.08. The firm’s 50-day moving average is $195.57 and its two-hundred day moving average is $182.11.

Howmet Aerospace (NYSE:HWM) last posted its quarterly earnings data on Thursday, October 30th. The company reported $0.95 earnings per share for the quarter, beating analysts’ consensus estimates of $0.91 by $0.04. The business had revenue of $2.09 billion during the quarter, compared to analyst estimates of $2.04 billion. Howmet Aerospace had a net margin of 18.09% and a return on equity of 28.17%. The company’s revenue was up 13.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.81 earnings per share. Howmet Aerospace has set its FY 2025 guidance at 3.660-3.680 EPS. Q4 2025 guidance at 0.940-0.960 EPS. Equities analysts predict that Howmet Aerospace will post 3.27 earnings per share for the current year.

Howmet Aerospace Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 25th. Stockholders of record on Friday, November 7th will be issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Friday, November 7th. Howmet Aerospace’s dividend payout ratio (DPR) is 13.48%.

Institutional Trading of Howmet Aerospace

Institutional investors and hedge funds have recently bought and sold shares of the business. Brighton Jones LLC grew its stake in Howmet Aerospace by 5.4% during the fourth quarter. Brighton Jones LLC now owns 2,548 shares of the company’s stock worth $279,000 after buying an additional 130 shares during the period. Private Advisor Group LLC lifted its stake in shares of Howmet Aerospace by 5.5% during the first quarter. Private Advisor Group LLC now owns 17,193 shares of the company’s stock worth $2,230,000 after purchasing an additional 892 shares in the last quarter. Kestra Private Wealth Services LLC boosted its position in shares of Howmet Aerospace by 91.6% in the first quarter. Kestra Private Wealth Services LLC now owns 18,795 shares of the company’s stock worth $2,438,000 after buying an additional 8,983 shares during the period. IFP Advisors Inc boosted its position in shares of Howmet Aerospace by 8.9% in the first quarter. IFP Advisors Inc now owns 4,420 shares of the company’s stock worth $573,000 after buying an additional 362 shares during the period. Finally, Teachers Retirement System of The State of Kentucky grew its stake in shares of Howmet Aerospace by 4.7% in the first quarter. Teachers Retirement System of The State of Kentucky now owns 31,418 shares of the company’s stock valued at $4,076,000 after buying an additional 1,402 shares in the last quarter. Institutional investors and hedge funds own 90.46% of the company’s stock.

About Howmet Aerospace

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.