Howmet Aerospace (NYSE:HWM) Stock Falls 1.7% – Time to Sell?

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

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. JPMorgan Chase & Co. raised their price target on Howmet Aerospace from $310.00 to $350.00 and gave the stock an “overweight” rating in a research report on Monday, August 10th. BTIG Research boosted their price objective on Howmet Aerospace from $300.00 to $340.00 and gave the company a “buy” rating in a report on Monday, August 10th. Wells Fargo & Company reissued an “outperform” rating and set a $315.00 target price on shares of Howmet Aerospace in a research note on Monday, August 10th. Zacks Research upgraded Howmet Aerospace from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 12th. Finally, Royal Bank Of Canada lifted their target price on Howmet Aerospace from $325.00 to $350.00 and gave the company an “outperform” rating in a research report on Friday, August 7th. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Buy” and an average target price of $318.00.

Howmet Aerospace Stock Up 1.2%

The business has a 50-day simple moving average of $261.06 and a 200-day simple moving average of $258.15. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.87 and a current ratio of 1.82. The company has a market cap of $92.42 billion, a price-to-earnings ratio of 49.78, a price-to-earnings-growth ratio of 2.06 and a beta of 1.19.

Howmet Aerospace (NYSE:HWM) last announced its quarterly earnings data on Thursday, August 6th. The company reported $1.33 EPS for the quarter, topping 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 period in the previous year, the company 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. On average, equities analysts anticipate that Howmet Aerospace Inc. 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 given a $0.14 dividend. The ex-dividend date of this dividend was Friday, August 7th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.2%. This is a boost from Howmet Aerospace’s previous quarterly dividend of $0.12. Howmet Aerospace’s payout ratio is currently 12.07%.

Hedge Funds Weigh In On Howmet Aerospace

Institutional investors and hedge funds have recently modified their holdings of the company. BlackRock Inc. purchased a new stake in Howmet Aerospace during the 2nd quarter worth about $12,318,939,000. State Street Corp increased its holdings in shares of Howmet Aerospace by 3.3% in the 2nd quarter. State Street Corp now owns 18,933,928 shares of the company’s stock valued at $5,090,576,000 after acquiring an additional 612,866 shares during the last quarter. Bank of America Corp DE acquired a new stake in shares of Howmet Aerospace during the 2nd quarter worth about $2,766,806,000. Jupiter Topco LLC acquired a new stake in shares of Howmet Aerospace during the 2nd quarter worth about $2,065,086,000. Finally, Bank of New York Mellon Corp purchased a new stake in Howmet Aerospace during the second quarter worth approximately $1,099,765,000. Institutional investors and hedge funds own 90.46% of the company’s stock.

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.