Groupama Asset Managment Reduces Position in Howmet Aerospace Inc. $HWM

Groupama Asset Managment trimmed its position in Howmet Aerospace Inc. (NYSE:HWM) by 36.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,218 shares of the company’s stock after selling 4,703 shares during the quarter. Groupama Asset Managment’s holdings in Howmet Aerospace were worth $1,520,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of HWM. Harbour Investments Inc. lifted its holdings in Howmet Aerospace by 10.1% during the 1st quarter. Harbour Investments Inc. now owns 1,114 shares of the company’s stock worth $145,000 after buying an additional 102 shares during the last quarter. Shell Asset Management Co. raised its position in shares of Howmet Aerospace by 135.6% during the 2nd quarter. Shell Asset Management Co. now owns 12,420 shares of the company’s stock worth $2,312,000 after acquiring an additional 7,148 shares in the last quarter. Forsta AP Fonden lifted its stake in Howmet Aerospace by 27.7% during the second quarter. Forsta AP Fonden now owns 174,900 shares of the company’s stock worth $32,554,000 after purchasing an additional 37,900 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in Howmet Aerospace in the second quarter valued at approximately $40,949,000. Finally, Westfield Capital Management Co. LP boosted its holdings in Howmet Aerospace by 68.8% in the second quarter. Westfield Capital Management Co. LP now owns 1,915,955 shares of the company’s stock valued at $356,617,000 after purchasing an additional 780,896 shares in the last quarter. Institutional investors and hedge funds own 90.46% of the company’s stock.

Howmet Aerospace Stock Performance

Shares of HWM stock opened at $204.55 on Friday. Howmet Aerospace Inc. has a 52-week low of $105.04 and a 52-week high of $211.95. The stock’s 50-day moving average price is $197.90 and its 200 day moving average price is $184.45. The company has a quick ratio of 1.08, a current ratio of 2.31 and a debt-to-equity ratio of 0.65. The stock has a market capitalization of $82.24 billion, a PE ratio of 59.81, a price-to-earnings-growth ratio of 2.64 and a beta of 1.47.

Howmet Aerospace (NYSE:HWM) last announced its earnings results on Thursday, October 30th. The company reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.91 by $0.04. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.The company had revenue of $2.09 billion for the quarter, compared to the consensus estimate of $2.04 billion. During the same period last year, the business posted $0.81 EPS. The company’s revenue was up 13.8% on a year-over-year basis. Howmet Aerospace has set its FY 2025 guidance at 3.660-3.680 EPS. Q4 2025 guidance at 0.940-0.960 EPS. As a group, equities research analysts forecast that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, November 25th. Shareholders of record on Friday, November 7th were given a dividend of $0.12 per share. The ex-dividend date was Friday, November 7th. This represents a $0.48 dividend on an annualized basis and a yield of 0.2%. Howmet Aerospace’s dividend payout ratio is presently 13.48%.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. Bank of America raised their price objective on shares of Howmet Aerospace from $215.00 to $250.00 and gave the stock a “buy” rating in a report on Friday, November 14th. Royal Bank Of Canada boosted their price target on shares of Howmet Aerospace from $210.00 to $235.00 and gave the company an “outperform” rating in a research report on Friday, October 31st. BNP Paribas raised Howmet Aerospace to a “strong-buy” rating in a report on Tuesday, November 18th. The Goldman Sachs Group lifted their target price on Howmet Aerospace from $205.00 to $226.00 and gave the stock a “buy” rating in a research report on Monday, November 3rd. Finally, UBS Group upped their target price on Howmet Aerospace from $199.00 to $209.00 and gave the company a “neutral” rating in a research report on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $216.93.

Howmet Aerospace 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.