Howmet Aerospace (NYSE:HWM) Announces Earnings Results

Howmet Aerospace (NYSE:HWM) posted its earnings results on Thursday. The company reported $0.74 earnings per share for the quarter, topping analysts’ consensus estimates of $0.71 by $0.03, Zacks reports. The company had revenue of $1.89 billion during the quarter, compared to analyst estimates of $1.88 billion. 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 up $5.58 on Friday, reaching $133.66. 4,278,007 shares of the stock were exchanged, compared to its average volume of 2,619,512. The company’s 50-day moving average price is $119.05 and its 200 day moving average price is $108.09. Howmet Aerospace has a fifty-two week low of $62.70 and a fifty-two week high of $133.92. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.24 and a quick ratio of 0.98. The firm has a market capitalization of $54.30 billion, a PE ratio of 51.02, a PEG ratio of 1.45 and a beta of 1.50.

Howmet Aerospace Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, February 25th. Shareholders of record on Friday, February 7th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Friday, February 7th. This represents a $0.40 dividend on an annualized basis and a yield of 0.30%. This is a boost from Howmet Aerospace’s previous quarterly dividend of $0.08. Howmet Aerospace’s payout ratio is currently 12.21%.

Wall Street Analyst Weigh In

A number of research firms have weighed in on HWM. JPMorgan Chase & Co. upped their target price on Howmet Aerospace from $125.00 to $130.00 and gave the stock an “overweight” rating in a report on Friday. Sanford C. Bernstein upped their target price on Howmet Aerospace from $113.00 to $127.00 and gave the stock an “outperform” rating in a report on Monday, October 21st. KeyCorp lowered Howmet Aerospace from an “overweight” rating to a “sector weight” rating in a report on Thursday, October 24th. Susquehanna raised their price objective on Howmet Aerospace from $120.00 to $132.00 and gave the stock a “positive” rating in a research report on Thursday, November 7th. Finally, Robert W. Baird raised their price objective 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 research analyst has rated the stock with a sell rating, two have assigned a hold rating and fourteen have issued a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price 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.