Howmet Aerospace (NYSE:HWM) Price Target Raised to $257.00 at The Goldman Sachs Group

Howmet Aerospace (NYSE:HWM) had its price objective boosted by The Goldman Sachs Group from $228.00 to $257.00 in a research report released on Tuesday morning,Benzinga reports. They currently have a buy rating on the stock.

Several other research analysts have also issued reports on the stock. Wall Street Zen upgraded shares of Howmet Aerospace from a “hold” rating to a “buy” rating in a research note on Sunday, January 18th. Morgan Stanley reaffirmed an “overweight” rating and set a $280.00 target price on shares of Howmet Aerospace in a research note on Friday. Bank of America boosted their price target on Howmet Aerospace from $215.00 to $250.00 and gave the stock a “buy” rating in a research report on Friday, November 14th. Citigroup raised their price objective on Howmet Aerospace from $255.00 to $283.00 and gave the company a “buy” rating in a research report on Tuesday. Finally, iA Financial set a $240.00 price objective on Howmet Aerospace in a research note on Monday, November 3rd. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $246.47.

Howmet Aerospace Stock Up 0.7%

Shares of NYSE:HWM opened at $251.96 on Tuesday. The firm has a market capitalization of $101.02 billion, a P/E ratio of 67.91, a P/E/G ratio of 2.36 and a beta of 1.26. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.09 and a current ratio of 2.13. The stock has a 50 day moving average price of $214.87 and a 200-day moving average price of $199.00. Howmet Aerospace has a 52-week low of $105.04 and a 52-week high of $256.70.

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

Howmet Aerospace Dividend Announcement

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

Institutional Investors Weigh In On Howmet Aerospace

Institutional investors have recently modified their holdings of the business. Brighton Jones LLC lifted its stake in Howmet Aerospace by 5.4% during the 4th quarter. Brighton Jones LLC now owns 2,548 shares of the company’s stock valued at $279,000 after acquiring an additional 130 shares during the period. Acadian Asset Management LLC bought a new stake in shares of Howmet Aerospace in the first quarter worth approximately $399,000. Sivia Capital Partners LLC purchased a new position in shares of Howmet Aerospace during the second quarter valued at approximately $216,000. Harbour Investments Inc. lifted its position in Howmet Aerospace by 63.3% during the second quarter. Harbour Investments Inc. now owns 1,819 shares of the company’s stock valued at $339,000 after purchasing an additional 705 shares during the period. Finally, Ritholtz Wealth Management purchased a new stake in Howmet Aerospace in the second quarter worth approximately $340,000. 90.46% of the stock is 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.