Howmet Aerospace (NYSE:HWM – Free Report) had its target price decreased by Susquehanna from $340.00 to $275.00 in a research note published on Friday,Benzinga reports. Susquehanna currently has a positive rating on the stock.
A number of other research firms have also recently weighed in on HWM. Citigroup restated a “buy” rating on shares of Howmet Aerospace in a report on Tuesday. TD Cowen reduced their target price on Howmet Aerospace from $320.00 to $280.00 and set a “buy” rating on the stock in a research note on Friday, October 9th. Deutsche Bank Aktiengesellschaft boosted their price target on Howmet Aerospace from $338.00 to $343.00 and gave the stock a “buy” rating in a report on Friday, August 7th. Zacks Research cut Howmet Aerospace from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 9th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and set a $298.00 price target (down from $328.00) on shares of Howmet Aerospace in a research note on Wednesday, October 7th. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $304.33.
Howmet Aerospace Stock Down 3.2%
HWM opened at $199.43 on Friday. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.86 and a quick ratio of 0.87. Howmet Aerospace has a 12 month low of $183.52 and a 12 month high of $310.00. The stock has a market capitalization of $79.79 billion, a P/E ratio of 39.03, a P/E/G ratio of 1.85 and a beta of 1.21. The business has a 50 day simple moving average of $229.00 and a 200-day simple moving average of $248.49.
Howmet Aerospace (NYSE:HWM – Get Free Report) last released its earnings results on Thursday, October 29th. The company reported $1.46 EPS for the quarter, beating analysts’ consensus estimates of $1.37 by $0.09. Howmet Aerospace had a return on equity of 36.44% and a net margin of 21.10%. The company had revenue of $2.70 billion during the quarter, compared to the consensus estimate of $2.59 billion. During the same quarter last year, the company earned $0.95 earnings per share. Howmet Aerospace’s quarterly revenue was up 29.4% compared to the same quarter last year. On average, equities analysts anticipate that Howmet Aerospace will post 5.34 earnings per share for the current fiscal year.
Howmet Aerospace Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 25th. Investors of record on Friday, November 6th will be issued a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend is Friday, November 6th. Howmet Aerospace’s dividend payout ratio (DPR) is 10.96%.
Institutional Inflows and Outflows
A number of institutional investors have recently added to or reduced their stakes in HWM. Man Group plc bought a new position in Howmet Aerospace during the 2nd quarter valued at $104,566,000. State Street Corp raised its position in shares of Howmet Aerospace by 3.3% during the second quarter. State Street Corp now owns 18,933,928 shares of the company’s stock worth $5,090,576,000 after purchasing an additional 612,866 shares during the period. Assenagon Asset Management S.A. raised its position in shares of Howmet Aerospace by 128.6% during the third quarter. Assenagon Asset Management S.A. now owns 748,791 shares of the company’s stock worth $169,362,000 after purchasing an additional 421,300 shares during the period. HighTower Advisors LLC lifted its stake in Howmet Aerospace by 14.9% during the second quarter. HighTower Advisors LLC now owns 68,260 shares of the company’s stock valued at $18,352,000 after buying an additional 8,829 shares in the last quarter. Finally, Moore Capital Management LP purchased a new position in shares of Howmet Aerospace in the second quarter worth approximately $6,178,000. Institutional investors and hedge funds own 90.46% of the company’s stock.
Key Stories Impacting Howmet Aerospace
Here are the key news stories impacting Howmet Aerospace this week:
- Positive Sentiment: Q3 results exceeded expectations: Revenue rose 29% year over year to $2.70 billion, while adjusted EPS increased 54% to $1.46, topping the $1.37 consensus estimate. Operating and EBITDA margins also expanded significantly. Howmet Aerospace Reports Third Quarter 2026 Results
- Positive Sentiment: Growth outlook was raised: Management increased its full-year 2026 guidance and projected approximately $11.5 billion of 2027 revenue, representing roughly 12% year-over-year growth. Industrial gas-turbine revenue climbed 45% in Q3, while commercial aerospace revenue increased 32%, reflecting strong demand and market-share gains. HWM Q3 Earnings Beat Estimates
- Positive Sentiment: Capital returns increased: Howmet repurchased $500 million of stock during the quarter, raised its quarterly dividend 17% to $0.14 per share, and authorized an additional $5 billion for share repurchases. Howmet Aerospace Reports Third Quarter 2026 Results
- Neutral Sentiment: Analysts remain bullish but less aggressive: BNP Paribas Exane cut its price target to $250 from $310 while retaining an “outperform” rating; Susquehanna lowered its target to $275 from $340 but kept a “positive” rating. The revisions still imply substantial upside, but signal more cautious assumptions.
- Negative Sentiment: Valuation and expectations remain risks: With HWM trading at a high earnings multiple and below its longer-term moving averages, investors may be taking profits or demanding stronger forward guidance after the earnings beat. The sizable target cuts likely contributed to the near-term pressure.
Howmet Aerospace Company Profile
Howmet Aerospace Inc (NYSE:HWM) is a global manufacturer of advanced engineered products and materials primarily serving the aerospace, defense, commercial transportation and industrial markets. The company develops components designed to operate in demanding environments where strength, durability and weight reduction are important.
Howmet’s product portfolio includes aircraft engine components, airframe structures, titanium and nickel-based forgings, fastening systems and wheels for commercial vehicles.
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