Howmet Aerospace (NYSE:HWM) Issues Quarterly Earnings Results

Howmet Aerospace (NYSE:HWM) released its earnings results on Thursday. The company reported $0.74 EPS for the quarter, topping analysts’ consensus estimates of $0.71 by $0.03, Zacks reports. Howmet Aerospace had a return on equity of 24.50% and a net margin of 14.81%. Howmet Aerospace updated its FY 2025 guidance to 3.130-3.210 EPS and its Q1 2025 guidance to 0.750-0.770 EPS.

Howmet Aerospace Stock Performance

HWM traded down $2.45 during trading on Thursday, hitting $125.64. The company’s stock had a trading volume of 2,353,234 shares, compared to its average volume of 2,553,874. Howmet Aerospace has a one year low of $62.38 and a one year high of $129.95. The business’s 50 day simple moving average is $118.59 and its 200-day simple moving average is $107.60. The company has a quick ratio of 0.98, a current ratio of 2.24 and a debt-to-equity ratio of 0.76. The firm has a market cap of $51.04 billion, a PE ratio of 47.93, a P/E/G ratio of 1.45 and a beta of 1.50.

Howmet Aerospace Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, February 25th. Shareholders of record on Friday, February 7th will be issued a dividend of $0.10 per share. This is a boost from Howmet Aerospace’s previous quarterly dividend of $0.08. This represents a $0.40 dividend on an annualized basis and a yield of 0.32%. The ex-dividend date is Friday, February 7th. Howmet Aerospace’s dividend payout ratio is currently 12.21%.

Analysts Set New Price Targets

Several analysts recently commented on HWM shares. Royal Bank of Canada increased their price objective on shares of Howmet Aerospace from $105.00 to $135.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th. Truist Financial increased their price target on shares of Howmet Aerospace from $128.00 to $130.00 and gave the company a “buy” rating in a report on Tuesday, January 14th. Barclays boosted their price objective on shares of Howmet Aerospace from $100.00 to $130.00 and gave the stock an “overweight” rating in a report on Monday, November 11th. Sanford C. Bernstein increased their target price on Howmet Aerospace from $113.00 to $127.00 and gave the company an “outperform” rating in a research note on Monday, October 21st. Finally, UBS Group upped their price target on Howmet Aerospace from $103.00 to $120.00 and gave the company a “neutral” rating in a report on Thursday, November 7th. One analyst has rated the stock with a sell rating, two have issued a hold rating and fourteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $115.71.

About Howmet Aerospace

Howmet Aerospace Inc provides advanced engineered solutions for the aerospace and transportation industries in the United States, Japan, France, Germany, the United Kingdom, Mexico, Italy, Canada, Poland, China, and internationally. It operates through four segments: Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels.