Citigroup Cuts Howmet Aerospace (NYSE:HWM) Price Target to $271.00

Howmet Aerospace (NYSE:HWM) had its target price lowered by Citigroup from $283.00 to $271.00 in a research note issued to investors on Thursday morning,Benzinga reports. Citigroup currently has a buy rating on the stock.

A number of other research analysts also recently issued reports on the company. Royal Bank Of Canada raised their price target on Howmet Aerospace from $275.00 to $300.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 11th. Truist Financial set a $280.00 price objective on Howmet Aerospace in a research note on Wednesday, March 11th. Deutsche Bank Aktiengesellschaft set a $278.00 price objective on Howmet Aerospace and gave the company a “buy” rating in a report on Friday, February 13th. Susquehanna lifted their target price on shares of Howmet Aerospace from $255.00 to $290.00 and gave the company a “positive” rating in a report on Friday, February 13th. Finally, KeyCorp began coverage on shares of Howmet Aerospace in a research report on Wednesday, March 25th. They issued a “sector weight” rating for the company. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $260.30.

Howmet Aerospace Price Performance

Shares of NYSE:HWM opened at $232.86 on Thursday. Howmet Aerospace has a 12 month low of $105.04 and a 12 month high of $267.31. The firm has a market capitalization of $93.36 billion, a P/E ratio of 62.77, a P/E/G ratio of 2.15 and a beta of 1.24. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.13 and a quick ratio of 1.09. The company’s fifty day moving average price is $238.06 and its 200 day moving average price is $214.48.

Howmet Aerospace (NYSE:HWM) last released its quarterly earnings data on Thursday, February 12th. The company reported $1.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.97 by $0.08. Howmet Aerospace had a net margin of 18.27% and a return on equity of 30.41%. The company had revenue of $2.17 billion during the quarter, compared to the consensus estimate of $2.12 billion. During the same quarter in the prior year, the firm posted $0.77 earnings per share. Howmet Aerospace’s revenue for the quarter was up 14.6% on a year-over-year basis. Howmet Aerospace has set its Q1 2026 guidance at 1.090-1.110 EPS and its FY 2026 guidance at 4.350-4.550 EPS. As a group, sell-side analysts predict that Howmet Aerospace will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 25th. Shareholders of record on Friday, February 6th were given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend was Friday, February 6th. Howmet Aerospace’s dividend payout ratio (DPR) is presently 12.94%.

Insider Buying and Selling

In other Howmet Aerospace news, VP Barbara Lou Shultz sold 1,000 shares of Howmet Aerospace stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $260.00, for a total value of $260,000.00. Following the transaction, the vice president directly owned 23,874 shares in the company, valued at approximately $6,207,240. This trade represents a 4.02% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Neil Edward Marchuk sold 45,150 shares of the business’s stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $251.70, for a total value of $11,364,255.00. Following the completion of the transaction, the executive vice president directly owned 107,008 shares in the company, valued at approximately $26,933,913.60. The trade was a 29.67% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.04% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Howmet Aerospace

Hedge funds and other institutional investors have recently bought and sold shares of the company. UMB Bank n.a. lifted its stake in shares of Howmet Aerospace by 2.6% in the 4th quarter. UMB Bank n.a. now owns 1,620 shares of the company’s stock worth $332,000 after acquiring an additional 41 shares during the period. Tudor Financial Inc. increased its stake in shares of Howmet Aerospace by 2.6% during the fourth quarter. Tudor Financial Inc. now owns 1,650 shares of the company’s stock worth $338,000 after acquiring an additional 42 shares during the period. Parkside Financial Bank & Trust raised its holdings in Howmet Aerospace by 4.1% during the fourth quarter. Parkside Financial Bank & Trust now owns 1,077 shares of the company’s stock worth $221,000 after purchasing an additional 42 shares in the last quarter. Truvestments Capital LLC raised its holdings in Howmet Aerospace by 25.1% during the fourth quarter. Truvestments Capital LLC now owns 224 shares of the company’s stock worth $46,000 after purchasing an additional 45 shares in the last quarter. Finally, Salomon & Ludwin LLC lifted its position in Howmet Aerospace by 12.5% in the fourth quarter. Salomon & Ludwin LLC now owns 423 shares of the company’s stock valued at $90,000 after purchasing an additional 47 shares during the period. 90.46% of the stock is currently owned by hedge funds and other institutional investors.

Howmet Aerospace Company Profile

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.