Traders Buy High Volume of Howmet Aerospace Put Options (NYSE:HWM)

Howmet Aerospace Inc. (NYSE:HWM) was the target of unusually large options trading on Monday. Stock investors purchased 8,120 put options on the company. This represents an increase of approximately 184% compared to the typical volume of 2,864 put options.

Howmet Aerospace Stock Up 4.1%

Shares of NYSE:HWM opened at $254.95 on Wednesday. The company has a quick ratio of 0.87, a current ratio of 1.82 and a debt-to-equity ratio of 0.71. Howmet Aerospace has a 52-week low of $170.81 and a 52-week high of $310.00. The company has a 50 day moving average of $276.30 and a two-hundred day moving average of $261.04. The company has a market capitalization of $102.01 billion, a price-to-earnings ratio of 54.95, a price-to-earnings-growth ratio of 1.75 and a beta of 1.19.

Howmet Aerospace (NYSE:HWM) last posted its quarterly earnings data on Thursday, August 6th. The company reported $1.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.24 by $0.09. Howmet Aerospace had a net margin of 20.52% and a return on equity of 33.91%. The company had revenue of $2.55 billion for the quarter, compared to analyst estimates of $2.43 billion. During the same quarter last year, the firm posted $0.91 earnings per share. The business’s quarterly revenue was up 24.1% on a year-over-year basis. 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. As a group, analysts forecast that Howmet Aerospace will post 5.33 earnings per share for the current fiscal year.

Howmet Aerospace Increases Dividend

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

Institutional Trading of Howmet Aerospace

A number of hedge funds and other institutional investors have recently modified their holdings of the business. MUFG Securities EMEA plc grew its holdings in Howmet Aerospace by 752.6% during the 4th quarter. MUFG Securities EMEA plc now owns 65,783 shares of the company’s stock worth $13,487,000 after acquiring an additional 58,067 shares in the last quarter. M&T Bank Corp lifted its position in shares of Howmet Aerospace by 75.0% during the fourth quarter. M&T Bank Corp now owns 42,975 shares of the company’s stock worth $8,810,000 after purchasing an additional 18,417 shares during the last quarter. Sequoia Financial Advisors LLC lifted its position in shares of Howmet Aerospace by 57.5% during the fourth quarter. Sequoia Financial Advisors LLC now owns 14,190 shares of the company’s stock worth $2,909,000 after purchasing an additional 5,181 shares during the last quarter. Bearing Point Capital LLC grew its stake in Howmet Aerospace by 9.5% in the fourth quarter. Bearing Point Capital LLC now owns 54,619 shares of the company’s stock worth $11,198,000 after purchasing an additional 4,757 shares in the last quarter. Finally, Patriot Financial Group Insurance Agency LLC grew its stake in Howmet Aerospace by 95.3% in the first quarter. Patriot Financial Group Insurance Agency LLC now owns 24,338 shares of the company’s stock worth $5,609,000 after purchasing an additional 11,878 shares in the last quarter. 90.46% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts recently commented on HWM shares. Wall Street Zen lowered shares of Howmet Aerospace from a “strong-buy” rating to a “buy” rating in a report on Sunday, July 5th. Wells Fargo & Company reiterated an “outperform” rating and set a $315.00 price objective on shares of Howmet Aerospace in a research note on Monday, August 10th. UBS Group increased their price objective on shares of Howmet Aerospace from $299.00 to $326.00 and gave the stock a “neutral” rating in a research report on Friday, August 7th. Weiss Ratings raised shares of Howmet Aerospace from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, August 19th. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a $370.00 price target on shares of Howmet Aerospace in a report on Sunday, August 9th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $316.22.

Trending Headlines about Howmet Aerospace

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

• Positive Sentiment: Two analysts recommended buying the dip, arguing that SpaceX’s planned in-house turbine-blade production is unlikely to materially damage Howmet’s existing commercial aerospace and industrial businesses. One aerospace stock got hit by a SpaceX announcement. Two analysts say buy the dip
• Positive Sentiment: Analysts have maintained an upbeat view as the stock appears technically oversold following a 14.5% four-week decline. Continued upward earnings-estimate revisions support the possibility of a near-term recovery. Down 14.5% in 4 Weeks, Here’s Why Howmet Looks Ripe for a Turnaround
• Positive Sentiment: Howmet’s latest results showed strong momentum, with quarterly revenue up 24.1% year over year and adjusted earnings exceeding expectations. Its 2026 earnings outlook remains supportive of the bullish case.
• Neutral Sentiment: Bernstein sees little immediate threat from SpaceX’s turbine-blade plans, suggesting the market reaction may have been excessive, although the announcement introduces a longer-term competitive risk. Bernstein sees little threat to Howmet from SpaceX’s turbine-blade plans
• Negative Sentiment: SpaceX’s plan to cast turbine blades internally sparked concerns about lost future business and caused Howmet shares to suffer their steepest decline in roughly 16 months. Howmet slides after SpaceX unveils turbine-blade casting plan
• Negative Sentiment: Options activity reflected heightened downside hedging, with put-option purchases running well above normal levels as traders responded to the SpaceX news.

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.