FY2025 Earnings Forecast for HWM Issued By KeyCorp

Howmet Aerospace Inc. (NYSE:HWM - Free Report) - Equities research analysts at KeyCorp issued their FY2025 earnings per share estimates for shares of Howmet Aerospace in a research report issued on Tuesday, April 22nd. KeyCorp analyst P. Gibbs anticipates that the company will post earnings per share of $3.29 for the year. The consensus estimate for Howmet Aerospace's current full-year earnings is $3.27 per share.

Howmet Aerospace (NYSE:HWM - Get Free Report) last announced its earnings results on Thursday, February 13th. The company reported $0.74 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.71 by $0.03. Howmet Aerospace had a net margin of 15.55% and a return on equity of 25.74%. The business had revenue of $1.89 billion for the quarter, compared to analyst estimates of $1.88 billion.

HWM has been the subject of several other research reports. The Goldman Sachs Group upped their price target on Howmet Aerospace from $124.00 to $139.00 and gave the company a "buy" rating in a report on Tuesday, February 18th. Barclays raised their target price on Howmet Aerospace from $130.00 to $140.00 and gave the stock an "overweight" rating in a research report on Tuesday, February 18th. Wells Fargo & Company restated an "equal weight" rating and issued a $118.00 price objective (down previously from $132.00) on shares of Howmet Aerospace in a research note on Tuesday, April 15th. Truist Financial decreased their target price on shares of Howmet Aerospace from $140.00 to $136.00 and set a "buy" rating on the stock in a research report on Thursday, April 17th. Finally, Benchmark increased their price target on shares of Howmet Aerospace from $85.00 to $135.00 and gave the stock a "buy" rating in a research report on Monday. Four analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $125.06.

Howmet Aerospace Stock Up 2.8 %

Shares of HWM opened at $133.37 on Friday. Howmet Aerospace has a 52 week low of $63.64 and a 52 week high of $140.55. The firm has a market capitalization of $53.94 billion, a P/E ratio of 47.29, a P/E/G ratio of 1.92 and a beta of 1.25. The company has a 50-day simple moving average of $128.08 and a 200-day simple moving average of $119.43. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 2.17.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of HWM. Murphy & Mullick Capital Management Corp acquired a new position in shares of Howmet Aerospace during the fourth quarter valued at $25,000. Meeder Asset Management Inc. lifted its position in Howmet Aerospace by 208.1% during the 4th quarter. Meeder Asset Management Inc. now owns 228 shares of the company's stock valued at $25,000 after purchasing an additional 154 shares during the period. Aster Capital Management DIFC Ltd bought a new position in Howmet Aerospace in the fourth quarter valued at approximately $25,000. R Squared Ltd acquired a new stake in shares of Howmet Aerospace during the fourth quarter worth $26,000. Finally, Washington Trust Advisors Inc. bought a new position in Howmet Aerospace during the fourth quarter worth about $29,000. 90.46% of the stock is currently owned by institutional investors.

Howmet Aerospace Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, May 27th. Investors of record on Friday, May 9th will be issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.30%. The ex-dividend date is Friday, May 9th. Howmet Aerospace's dividend payout ratio is currently 14.18%.

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.

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