Howmet Aerospace (NYSE:HWM) Stock Gets Price Target Trim from BTIG Research

Howmet Aerospace (NYSE:HWM) had its target price trimmed by BTIG Research from $340.00 to $280.00 in a research report released on Monday morning, MarketBeat.com reports. The firm currently has a buy rating on the stock.

A number of other analysts have also recently issued reports on HWM. Citigroup reissued a “buy” rating on shares of Howmet Aerospace in a report on Tuesday, October 27th. Guggenheim assumed coverage on Howmet Aerospace in a research note on Monday, September 14th. They issued a “buy” rating and a $350.00 target price for the company. Weiss Ratings raised Howmet Aerospace from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, August 19th. Deutsche Bank Aktiengesellschaft upped their price target on Howmet Aerospace from $338.00 to $343.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Finally, Royal Bank Of Canada lowered their price target on shares of Howmet Aerospace from $350.00 to $300.00 and set an “outperform” rating on the stock in a report on Thursday, October 15th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $295.81.

Howmet Aerospace Trading Down 4.4%

Shares of HWM stock opened at $213.24 on Monday. The company has a 50 day moving average of $226.00 and a 200-day moving average of $248.41. The company has a quick ratio of 0.90, a current ratio of 1.86 and a debt-to-equity ratio of 0.70. Howmet Aerospace has a 12-month low of $183.52 and a 12-month high of $310.00. The firm has a market cap of $84.80 billion, a P/E ratio of 44.10, a PEG ratio of 1.63 and a beta of 1.31.

Howmet Aerospace (NYSE:HWM) last released its quarterly earnings data on Thursday, October 29th. The company reported $1.46 EPS for the quarter, beating the consensus estimate of $1.37 by $0.09. The business had revenue of $2.70 billion for the quarter, compared to the consensus estimate of $2.59 billion. Howmet Aerospace had a net margin of 21.10% and a return on equity of 36.44%. The company’s revenue was up 29.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.95 earnings per share. Sell-side analysts anticipate that Howmet Aerospace will post 5.48 earnings per share for the current year.

Howmet Aerospace Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 25th. Stockholders of record on Friday, November 6th will be issued a $0.14 dividend. The ex-dividend date of this dividend is Friday, November 6th. This represents a $0.56 annualized dividend and a dividend yield of 0.3%. Howmet Aerospace’s dividend payout ratio is presently 10.96%.

Institutional Investors Weigh In On Howmet Aerospace

A number of institutional investors and hedge funds have recently made changes to their positions in HWM. Assenagon Asset Management S.A. lifted its stake in shares of Howmet Aerospace by 128.6% in the 3rd quarter. Assenagon Asset Management S.A. now owns 748,791 shares of the company’s stock valued at $169,362,000 after purchasing an additional 421,300 shares during the period. Man Group plc bought a new position in shares of Howmet Aerospace in the second quarter worth approximately $104,566,000. State Street Corp boosted its stake in Howmet Aerospace by 3.3% during the 2nd quarter. State Street Corp now owns 18,933,928 shares of the company’s stock valued at $5,090,576,000 after purchasing an additional 612,866 shares during the last quarter. HighTower Advisors LLC boosted its position in shares of 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 during the last quarter. Finally, Moore Capital Management LP bought a new stake in shares of Howmet Aerospace in the second quarter worth approximately $6,178,000. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Trending Headlines about Howmet Aerospace

Here are the key news stories impacting Howmet Aerospace this week:

• Positive Sentiment: KeyCorp upgraded HWM from “Sector Weight” to “Overweight” and set a $237 price target. The firm also estimates fourth-quarter 2026 EPS of $1.54. KeyBanc upgrades Howmet Aerospace to Overweight after Q3 report
• Positive Sentiment: Recent coverage points to rising commercial and defense aerospace demand, aircraft production and engine-spares needs as growth drivers. Howmet’s latest reported quarter also beat analyst estimates for revenue and EPS, with revenue up year over year. Howmet Aerospace’s Q3 Aerospace Demand Surges: Can Growth Continue?
• Neutral Sentiment: Zacks highlighted Howmet as a growth stock using its Style Scores, but the article description did not provide further company-specific details. Here’s Why Howmet (HWM) is a Strong Growth Stock
• Neutral Sentiment: Options-market coverage reported rising implied volatility, suggesting increased uncertainty or expectations for larger price moves, but not a clear directional signal. Implied Volatility Surging for Howmet Aerospace Stock Options
• Negative Sentiment: BTIG cut its HWM price target to $280 from $340. Although the revised target remains above the share price cited in the coverage, the reduction may signal a more cautious view of upside. BTIG Adjusts Price Target on Howmet Aerospace to $280 From $340
• Negative Sentiment: A Seeking Alpha analysis praised Howmet’s quarterly execution but warned that its valuation leaves little room for error, potentially increasing sensitivity to any slowdown or disappointment. Howmet Aerospace: Strong Q3 Execution, But The Valuation Leaves No Room For Error

About Howmet Aerospace

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.