Howmet Aerospace (NYSE:HWM) Issues Quarterly Earnings Results

Howmet Aerospace (NYSE:HWM) posted its quarterly earnings results on Thursday. The company reported $0.74 EPS for the quarter, beating the consensus estimate 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 Price Performance

Shares of NYSE HWM opened at $133.66 on Friday. The stock has a market capitalization of $54.30 billion, a price-to-earnings ratio of 51.02, a PEG ratio of 1.45 and a beta of 1.50. The business has a 50-day moving average of $118.75 and a 200-day moving average of $107.74. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.24 and a quick ratio of 0.98. Howmet Aerospace has a fifty-two week low of $62.70 and a fifty-two week high of $133.92.

Howmet Aerospace Increases Dividend

The company 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 represents a $0.40 dividend on an annualized basis and a yield of 0.30%. The ex-dividend date of this dividend is Friday, February 7th. This is a boost from Howmet Aerospace’s previous quarterly dividend of $0.08. Howmet Aerospace’s dividend payout ratio is 12.21%.

Wall Street Analyst Weigh In

Several research firms have commented on HWM. JPMorgan Chase & Co. upped their price target on Howmet Aerospace from $125.00 to $130.00 and gave the company an “overweight” rating in a report on Friday. Bank of America upped their price objective on Howmet Aerospace from $100.00 to $135.00 and gave the company a “buy” rating in a research note on Wednesday, November 13th. Royal Bank of Canada upped their price objective on Howmet Aerospace from $105.00 to $135.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. Susquehanna upped their price objective on Howmet Aerospace from $120.00 to $132.00 and gave the company a “positive” rating in a research note on Thursday, November 7th. Finally, Robert W. Baird increased their price target on Howmet Aerospace from $113.00 to $144.00 and gave the stock an “outperform” rating in a research report on Thursday, November 7th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and fourteen have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $117.76.

Howmet Aerospace Company Profile

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.