Howmet Aerospace Inc. (NYSE:HWM) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Howmet Aerospace Inc. (NYSE:HWM) have been given an average recommendation of “Moderate Buy” by the twenty-two research firms that are presently covering the stock, Marketbeat.com reports. Four research analysts have rated the stock with a hold recommendation, seventeen have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $222.8235.

Several research firms have issued reports on HWM. TD Cowen increased their target price on shares of Howmet Aerospace from $210.00 to $240.00 and gave the stock a “buy” rating in a research note on Friday, October 31st. The Goldman Sachs Group lifted their price objective on Howmet Aerospace from $205.00 to $226.00 and gave the company a “buy” rating in a research note on Monday, November 3rd. BNP Paribas upgraded Howmet Aerospace to a “strong-buy” rating in a research note on Tuesday, November 18th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Howmet Aerospace in a report on Wednesday, October 8th. Finally, Susquehanna set a $235.00 price objective on shares of Howmet Aerospace and gave the stock a “positive” rating in a research report on Friday, October 31st.

Institutional Trading of Howmet Aerospace

A number of hedge funds have recently made changes to their positions in the stock. Traub Capital Management LLC purchased a new position in shares of Howmet Aerospace in the 2nd quarter worth about $25,000. Winnow Wealth LLC bought a new stake in shares of Howmet Aerospace in the 2nd quarter worth approximately $25,000. Newbridge Financial Services Group Inc. boosted its stake in shares of Howmet Aerospace by 119.7% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock valued at $25,000 after purchasing an additional 73 shares in the last quarter. Tradewinds Capital Management LLC lifted its stake in Howmet Aerospace by 52.0% in the third quarter. Tradewinds Capital Management LLC now owns 152 shares of the company’s stock worth $30,000 after purchasing an additional 52 shares during the last quarter. Finally, Atlantic Union Bankshares Corp bought a new stake in Howmet Aerospace in the second quarter worth $32,000. 90.46% of the stock is owned by institutional investors.

Howmet Aerospace Price Performance

Howmet Aerospace stock opened at $220.00 on Tuesday. The firm has a market capitalization of $88.45 billion, a P/E ratio of 61.80, a PEG ratio of 2.08 and a beta of 1.29. Howmet Aerospace has a one year low of $105.04 and a one year high of $221.44. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.35 and a quick ratio of 1.14. The business has a fifty day moving average price of $203.61 and a 200-day moving average price of $191.92.

Howmet Aerospace (NYSE:HWM) last issued its quarterly earnings data on Thursday, October 30th. The company reported $0.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.91 by $0.04. Howmet Aerospace had a return on equity of 29.21% and a net margin of 18.18%.The business had revenue of $2.09 billion for the quarter, compared to analysts’ expectations of $2.04 billion. During the same quarter in the prior year, the firm posted $0.81 EPS. The firm’s quarterly revenue was up 13.8% on a year-over-year basis. Howmet Aerospace has set its FY 2025 guidance at 3.660-3.680 EPS and its Q4 2025 guidance at 0.940-0.960 EPS. As a group, equities research analysts forecast that Howmet Aerospace will post 3.27 EPS for the current year.

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.