Bank of America just raised its EUR/USD forecast
Howmet Aerospace Inc’s stock recently reached an all-time high of 191.74 USD, marking a significant milestone for the company. With a market capitalization of $77 billion and an "GREAT" financial health rating according to InvestingPro, the company demonstrates robust fundamentals. Over the past year, the stock has experienced a remarkable 102% increase, reflecting strong investor confidence and robust performance in the aerospace sector. InvestingPro analysis indicates the stock is currently trading above its Fair Value, with analysts setting price targets between $140 and $220. This surge to an all-time high underscores Howmet Aerospace’s growth trajectory and market position, as it continues to capitalize on industry trends and operational efficiencies. Notably, the company achieved a perfect Piotroski Score of 9, indicating exceptional financial strength. Investors and analysts will be closely watching to see if this momentum can be sustained in the coming months, with the company’s next earnings report due on July 31, 2025.
In other recent news, Howmet Aerospace has declared dividends on both its common and preferred stock. The company announced a dividend of 12 cents per share on its common stock, payable on August 25, 2025, to shareholders of record as of August 8, 2025. Jefferies has raised its price target for Howmet Aerospace to $220, citing changes in the aerospace fastener market dynamics after a competitor’s facility closure. RBC Capital Markets also updated its outlook, increasing the price target to $200 from $165, noting a positive market sentiment towards original equipment manufacturers in the aerospace sector. Meanwhile, Howmet Aerospace held its annual shareholder meeting, where all nominated directors were elected, including James F. Albaugh and Amy E. Alving. KeyBanc has maintained its Sector Weight rating on the company, highlighting an increase in estimated earnings for 2025 and improvements in profit margins. The firm expects the commercial aerospace and defense sectors to drive profit growth, particularly through Maintenance, Repair, and Overhaul services. Additionally, KeyBanc recognized the company’s operational achievements in its Fasteners and Structures divisions.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.