What is KeyCorp’s Estimate for HWM FY2025 Earnings?

Howmet Aerospace Inc. (NYSE:HWM) – Equities researchers at KeyCorp issued their FY2025 earnings per share estimates for shares of Howmet Aerospace in a research note issued to investors on Wednesday, October 23rd. KeyCorp analyst P. Gibbs expects that the company will post earnings of $3.00 per share for the year. KeyCorp has a “Sector Weight” rating on the stock. The consensus estimate for Howmet Aerospace’s current full-year earnings is $2.59 per share.

Other analysts have also recently issued reports about the company. BTIG Research boosted their price target on Howmet Aerospace from $95.00 to $115.00 and gave the stock a “buy” rating in a research report on Monday, August 5th. Susquehanna started coverage on Howmet Aerospace in a research report on Tuesday, October 8th. They issued a “positive” rating and a $120.00 price target on the stock. Truist Financial boosted their price target on Howmet Aerospace from $105.00 to $123.00 and gave the stock a “buy” rating in a research report on Friday, October 18th. Barclays boosted their price target on Howmet Aerospace from $85.00 to $100.00 and gave the stock an “overweight” rating in a research report on Monday, August 5th. Finally, Robert W. Baird boosted their price target on Howmet Aerospace from $84.00 to $113.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 31st. One analyst has rated the stock with a sell rating, two have issued a hold rating and thirteen have assigned a buy rating to the company. According to data from MarketBeat, Howmet Aerospace currently has a consensus rating of “Moderate Buy” and a consensus price target of $101.50.

Howmet Aerospace Stock Performance

Howmet Aerospace stock opened at $101.39 on Monday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.74 and a current ratio of 1.53. The stock’s 50 day simple moving average is $98.79 and its two-hundred day simple moving average is $86.76. Howmet Aerospace has a fifty-two week low of $42.94 and a fifty-two week high of $106.93. The stock has a market cap of $41.39 billion, a price-to-earnings ratio of 48.98, a PEG ratio of 1.51 and a beta of 1.46.

Howmet Aerospace (NYSE:HWM) last posted its quarterly earnings data on Tuesday, July 30th. The company reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.60 by $0.07. The business had revenue of $1.88 billion for the quarter, compared to analysts’ expectations of $1.83 billion. Howmet Aerospace had a return on equity of 23.02% and a net margin of 13.15%. The business’s revenue was up 14.1% on a year-over-year basis. During the same period in the previous year, the firm posted $0.44 EPS.

Institutional Investors Weigh In On Howmet Aerospace

Several large investors have recently added to or reduced their stakes in the stock. Cultivar Capital Inc. purchased a new position in shares of Howmet Aerospace during the second quarter valued at approximately $26,000. LGT Financial Advisors LLC boosted its position in shares of Howmet Aerospace by 278.7% during the second quarter. LGT Financial Advisors LLC now owns 356 shares of the company’s stock valued at $28,000 after buying an additional 262 shares during the period. Rothschild Investment LLC purchased a new position in shares of Howmet Aerospace during the second quarter valued at approximately $32,000. Versant Capital Management Inc boosted its position in shares of Howmet Aerospace by 1,209.1% during the second quarter. Versant Capital Management Inc now owns 432 shares of the company’s stock valued at $34,000 after buying an additional 399 shares during the period. Finally, Whittier Trust Co. boosted its holdings in shares of Howmet Aerospace by 81.4% in the first quarter. Whittier Trust Co. now owns 508 shares of the company’s stock valued at $35,000 after purchasing an additional 228 shares during the period. 90.46% of the stock is owned by institutional investors.

Insider Activity

In related news, EVP Neil Edward Marchuk sold 70,637 shares of Howmet Aerospace stock in a transaction on Friday, August 23rd. The stock was sold at an average price of $96.94, for a total value of $6,847,550.78. Following the completion of the sale, the executive vice president now owns 92,687 shares of the company’s stock, valued at $8,985,077.78. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. In other Howmet Aerospace news, CFO Ken Giacobbe sold 154,909 shares of the business’s stock in a transaction that occurred on Thursday, August 22nd. The stock was sold at an average price of $96.58, for a total transaction of $14,961,111.22. Following the sale, the chief financial officer now directly owns 155,135 shares of the company’s stock, valued at $14,982,938.30. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Neil Edward Marchuk sold 70,637 shares of the business’s stock in a transaction that occurred on Friday, August 23rd. The stock was sold at an average price of $96.94, for a total value of $6,847,550.78. Following the sale, the executive vice president now directly owns 92,687 shares in the company, valued at $8,985,077.78. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.12% of the company’s stock.

Howmet Aerospace Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, November 25th. Shareholders of record on Friday, November 8th will be paid a dividend of $0.08 per share. The ex-dividend date is Friday, November 8th. This represents a $0.32 dividend on an annualized basis and a yield of 0.32%. Howmet Aerospace’s dividend payout ratio is presently 15.46%.

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.