Howmet Aerospace (NYSE:HWM) Reaches New 12-Month High on Analyst Upgrade

Howmet Aerospace Inc. (NYSE:HWM) shares reached a new 52-week high during trading on Friday after Bank of America raised their price target on the stock from $250.00 to $300.00. Bank of America currently has a buy rating on the stock. Howmet Aerospace traded as high as $258.83 and last traded at $258.22, with a volume of 591534 shares trading hands. The stock had previously closed at $251.30.

HWM has been the subject of several other research reports. JPMorgan Chase & Co. upped their price target on shares of Howmet Aerospace from $227.00 to $265.00 and gave the company an “overweight” rating in a report on Thursday. UBS Group upped their target price on shares of Howmet Aerospace from $228.00 to $260.00 and gave the stock a “neutral” rating in a research note on Tuesday. Jefferies Financial Group reiterated a “buy” rating and set a $315.00 target price on shares of Howmet Aerospace in a report on Sunday, February 15th. BNP Paribas Exane began coverage on Howmet Aerospace in a report on Tuesday, November 18th. They issued an “outperform” rating and a $240.00 price target on the stock. Finally, BTIG Research upped their price objective on Howmet Aerospace from $240.00 to $275.00 and gave the stock a “buy” rating in a research report on Wednesday. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, Howmet Aerospace presently has an average rating of “Moderate Buy” and an average target price of $252.95.

Insider Transactions at Howmet Aerospace

In other Howmet Aerospace news, EVP Neil Edward Marchuk sold 45,150 shares of the firm’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $251.70, for a total value of $11,364,255.00. Following the completion of the transaction, the executive vice president directly owned 107,008 shares in the company, valued at $26,933,913.60. This trade represents a 29.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 1.04% of the company’s stock.

Institutional Trading of Howmet Aerospace

Several institutional investors and hedge funds have recently bought and sold shares of HWM. McLaughlin Asset Management Inc. bought a new position in shares of Howmet Aerospace during the 4th quarter worth approximately $1,730,000. Mcguire Capital Advisors Inc. bought a new position in Howmet Aerospace during the fourth quarter worth $28,000. Compound Planning Inc. boosted its position in Howmet Aerospace by 2.3% during the fourth quarter. Compound Planning Inc. now owns 8,013 shares of the company’s stock worth $1,643,000 after purchasing an additional 181 shares during the period. Axxcess Wealth Management LLC increased its holdings in shares of Howmet Aerospace by 59.2% in the fourth quarter. Axxcess Wealth Management LLC now owns 17,084 shares of the company’s stock valued at $3,503,000 after purchasing an additional 6,352 shares during the last quarter. Finally, Corient Private Wealth LLC raised its position in shares of Howmet Aerospace by 115.8% in the fourth quarter. Corient Private Wealth LLC now owns 97,380 shares of the company’s stock valued at $19,965,000 after purchasing an additional 52,246 shares during the period. Institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Trading Up 2.7%

The company has a market cap of $103.51 billion, a price-to-earnings ratio of 69.59, a PEG ratio of 2.53 and a beta of 1.26. The company has a current ratio of 2.13, a quick ratio of 1.09 and a debt-to-equity ratio of 0.53. The business’s 50 day moving average price is $218.31 and its 200-day moving average price is $200.26.

Howmet Aerospace (NYSE:HWM) last announced its quarterly earnings results on Thursday, February 12th. The company reported $1.05 EPS for the quarter, beating analysts’ consensus estimates of $0.97 by $0.08. The business had revenue of $2.17 billion for the quarter, compared to analyst estimates of $2.12 billion. Howmet Aerospace had a net margin of 18.27% and a return on equity of 30.41%. Howmet Aerospace’s quarterly revenue was up 14.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.77 EPS. 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. On average, equities analysts anticipate that Howmet Aerospace Inc. will post 3.27 EPS for the current fiscal year.

Howmet Aerospace Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 25th. Shareholders of record on Friday, February 6th will be given a dividend of $0.12 per share. The ex-dividend date is Friday, February 6th. This represents a $0.48 annualized dividend and a yield of 0.2%. Howmet Aerospace’s dividend payout ratio (DPR) is presently 12.94%.

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.