Howmet Aerospace (NYSE:HWM) Price Target Cut to $310.00 by Analysts at BNP Paribas Exane

Howmet Aerospace (NYSE:HWM) had its price target cut by BNP Paribas Exane from $345.00 to $310.00 in a research note released on Tuesday. They currently have an outperform rating on the stock.

A number of other research firms also recently commented on HWM. Wall Street Zen downgraded shares of Howmet Aerospace from a “strong-buy” rating to a “buy” rating in a research note on Sunday, July 5th. Morgan Stanley reissued an “overweight” rating and issued a $335.00 target price on shares of Howmet Aerospace in a research report on Monday, August 10th. Zacks Research upgraded shares of Howmet Aerospace from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 12th. Wells Fargo & Company dropped their price target on shares of Howmet Aerospace from $315.00 to $255.00 and set an “equal weight” rating for the company in a research report on Wednesday, September 30th. Finally, Royal Bank Of Canada increased their price target on shares of Howmet Aerospace from $325.00 to $350.00 and gave the stock an “outperform” rating in a research note on Friday, August 7th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, Howmet Aerospace currently has an average rating of “Moderate Buy” and an average price target of $312.67.

Howmet Aerospace Trading Up 1.1%

Shares of Howmet Aerospace stock traded up $2.38 during trading hours on Tuesday, reaching $224.94. 2,670,817 shares of the company’s stock were exchanged, compared to its average volume of 2,726,294. Howmet Aerospace has a 52-week low of $183.83 and a 52-week high of $310.00. The company has a fifty day moving average of $252.07 and a 200-day moving average of $257.39. The company has a current ratio of 1.82, a quick ratio of 0.87 and a debt-to-equity ratio of 0.71. The firm has a market capitalization of $90.00 billion, a price-to-earnings ratio of 48.48, a price-to-earnings-growth ratio of 2.01 and a beta of 1.21.

Howmet Aerospace (NYSE:HWM) last announced its quarterly earnings data on Thursday, August 6th. The company reported $1.33 EPS for the quarter, beating analysts’ consensus estimates of $1.24 by $0.09. The business had revenue of $2.55 billion during the quarter, compared to the consensus estimate of $2.43 billion. Howmet Aerospace had a return on equity of 33.91% and a net margin of 20.52%. The business’s revenue for the quarter was up 24.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.91 earnings per share. Howmet Aerospace has set its Q3 2026 guidance at 1.340-1.360 EPS and its FY 2026 guidance at 5.230-5.310 EPS. Sell-side analysts forecast that Howmet Aerospace will post 5.33 EPS for the current fiscal year.

Howmet Aerospace Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, August 25th. Stockholders of record on Friday, August 7th were paid a $0.14 dividend. The ex-dividend date of this dividend was Friday, August 7th. This represents a $0.56 annualized dividend and a dividend yield of 0.2%. This is an increase from Howmet Aerospace’s previous quarterly dividend of $0.12. Howmet Aerospace’s dividend payout ratio is presently 12.07%.

Institutional Trading of Howmet Aerospace

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Premier Path Wealth Partners LLC lifted its holdings in shares of Howmet Aerospace by 1.0% during the second quarter. Premier Path Wealth Partners LLC now owns 3,812 shares of the company’s stock worth $1,025,000 after buying an additional 37 shares during the last quarter. Bartlett & CO. Wealth Management LLC grew its stake in shares of Howmet Aerospace by 55.1% in the second quarter. Bartlett & CO. Wealth Management LLC now owns 107 shares of the company’s stock worth $29,000 after acquiring an additional 38 shares during the last quarter. Tudor Financial Inc. increased its position in Howmet Aerospace by 2.6% during the fourth quarter. Tudor Financial Inc. now owns 1,650 shares of the company’s stock worth $338,000 after acquiring an additional 42 shares during the period. Physician Wealth Advisors Inc. increased its position in Howmet Aerospace by 2.5% during the first quarter. Physician Wealth Advisors Inc. now owns 1,730 shares of the company’s stock worth $399,000 after acquiring an additional 42 shares during the period. Finally, Roman Butler Fullerton & Co. raised its stake in Howmet Aerospace by 0.4% during the 1st quarter. Roman Butler Fullerton & Co. now owns 10,537 shares of the company’s stock valued at $2,634,000 after purchasing an additional 42 shares during the last quarter. Institutional investors and hedge funds own 90.46% of the company’s stock.

About Howmet Aerospace

Howmet Aerospace Inc (NYSE:HWM) is an aerospace and industrial products company that develops and manufactures advanced engineered components and systems. Its products are used primarily in commercial and defense aircraft, aircraft engines, and other transportation and industrial applications.

The company’s principal businesses include engine products, fastening systems, engineered structures, and forged wheels. Its offerings include forged and cast engine components, airfoils, titanium and nickel-based parts, aerospace structural components, specialized fasteners, and forged aluminum wheels for commercial transportation.