Howmet Aerospace (NYSE:HWM) Shares Down 1.7% – Here’s What Happened

Howmet Aerospace Inc. (NYSE:HWM)’s share price traded down 1.7% during mid-day trading on Monday. The company traded as low as $227.00 and last traded at $228.45. Approximately 1,817,500 shares were traded during trading, a decline of 33% from the average daily volume of 2,730,378 shares. The stock had previously closed at $232.48.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on HWM shares. JPMorgan Chase & Co. raised their price target on shares of Howmet Aerospace from $310.00 to $350.00 and gave the company an “overweight” rating in a research note on Monday, August 10th. UBS Group increased their price objective on Howmet Aerospace from $299.00 to $326.00 and gave the stock a “neutral” rating in a report on Friday, August 7th. Wall Street Zen cut Howmet Aerospace from a “strong-buy” rating to a “buy” rating in a research report on Sunday, July 5th. Guggenheim began coverage on Howmet Aerospace in a research report on Monday, September 14th. They set a “buy” rating and a $350.00 price target for the company. Finally, Morgan Stanley reissued an “overweight” rating and set a $335.00 price target on shares of Howmet Aerospace in a report on Monday, August 10th. Two analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, Howmet Aerospace currently has an average rating of “Buy” and a consensus target price of $318.00.

Howmet Aerospace Trading Down 1.7%

The company has a market capitalization of $91.41 billion, a price-to-earnings ratio of 49.24, a PEG ratio of 2.10 and a beta of 1.19. The firm has a 50-day moving average price of $262.90 and a 200-day moving average price of $258.47. The company has a current ratio of 1.82, a quick ratio of 0.87 and a debt-to-equity ratio of 0.71.

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

Howmet Aerospace Increases Dividend

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

Institutional Trading of Howmet Aerospace

A number of hedge funds and other institutional investors have recently made changes to their positions in HWM. West Paces Advisors Inc. bought a new stake in Howmet Aerospace during the second quarter worth approximately $27,000. Bartlett & CO. Wealth Management LLC increased its holdings 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 valued at $29,000 after buying an additional 38 shares in the last quarter. Markowski Investments bought a new position in shares of Howmet Aerospace in the second quarter valued at $29,000. Cornerstone Financial Management LLC acquired a new stake in shares of Howmet Aerospace during the 4th quarter valued at $28,000. Finally, Wilkerson Advisory Group LLC raised its position in shares of Howmet Aerospace by 129.7% during the first quarter. Wilkerson Advisory Group LLC now owns 147 shares of the company’s stock worth $34,000 after purchasing an additional 83 shares during the period. 90.46% of the stock is currently owned by institutional investors.

Howmet Aerospace Company Profile

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.