Amundi Has $355.89 Million Stock Holdings in Howmet Aerospace Inc. $HWM

Key Points

• Amundi cut its Howmet Aerospace stake by 39.4% in the second quarter, selling 861,750 shares and retaining 1.32 million shares valued at approximately $355.9 million. Institutional investors and hedge funds collectively own 90.46% of HWM.
• Analysts remain broadly positive, with one Strong Buy, 17 Buy, and two Hold ratings. Howmet has a consensus “Moderate Buy” rating and an average price target of $316.22.
• Howmet reported quarterly EPS of $1.33 and revenue of $2.55 billion, exceeding estimates and marking 24.1% year-over-year revenue growth. The company also raised its quarterly dividend to $0.14 per share, up from $0.12.

Amundi trimmed its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 39.4% in the second quarter, according to its most recent filing with the SEC. The firm owned 1,323,706 shares of the company's stock after selling 861,750 shares during the period. Amundi owned approximately 0.33% of Howmet Aerospace worth $355,892,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in HWM. Newbridge Financial Services Group Inc. raised its stake in Howmet Aerospace by 119.7% during the second quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company's stock worth $25,000 after acquiring an additional 73 shares in the last quarter. Acumen Wealth Advisors LLC acquired a new stake in Howmet Aerospace in the fourth quarter worth about $25,000. West Paces Advisors Inc. acquired a new stake in shares of Howmet Aerospace during the 2nd quarter worth approximately $27,000. Cornerstone Financial Management LLC bought a new stake in shares of Howmet Aerospace during the fourth quarter worth approximately $28,000. Finally, Vermillion & White Wealth Management Group LLC raised its stake in shares of Howmet Aerospace by 65.1% during the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 137 shares of the company's stock worth $28,000 after buying an additional 54 shares during the last quarter. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on HWM shares. Weiss Ratings upgraded shares of Howmet Aerospace from a "buy (b-)" rating to a "buy (b)" rating in a report on Wednesday, August 19th. Wall Street Zen cut shares of Howmet Aerospace from a "strong-buy" rating to a "buy" rating in a research report on Sunday, July 5th. Citigroup reissued a "buy" rating on shares of Howmet Aerospace in a research note on Tuesday, September 1st. TD Cowen raised their price target on Howmet Aerospace from $300.00 to $320.00 and gave the stock a "buy" rating in a research report on Monday, July 13th. Finally, Morgan Stanley reaffirmed an "overweight" rating and set a $335.00 price objective on shares of Howmet Aerospace in a research note on Monday, August 10th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $316.22.

Howmet Aerospace Stock Up 0.1%

NYSE:HWM opened at $259.61 on Tuesday. Howmet Aerospace Inc. has a 1 year low of $173.38 and a 1 year high of $310.00. The stock has a 50-day moving average price of $275.26 and a two-hundred day moving average price of $261.28. The stock has a market cap of $103.87 billion, a price-to-earnings ratio of 55.95, a PEG ratio of 2.34 and a beta of 1.19. The company has a current ratio of 1.82, a quick ratio of 0.87 and a debt-to-equity ratio of 0.71.

Howmet Aerospace (NYSE:HWM - Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The company reported $1.33 EPS for the quarter, topping analysts' consensus estimates of $1.24 by $0.09. Howmet Aerospace had a return on equity of 33.91% and a net margin of 20.52%.The company had revenue of $2.55 billion for the quarter, compared to analyst estimates of $2.43 billion. During the same quarter last year, the firm posted $0.91 earnings per share. Howmet Aerospace's revenue was up 24.1% compared to the same quarter last year. Howmet Aerospace has set its Q3 2026 guidance at 1.340-1.360 EPS and its FY 2026 guidance at 5.230-5.310 EPS. As a group, equities analysts expect that Howmet Aerospace Inc. will post 5.33 earnings per share for the current year.

Howmet Aerospace Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, August 25th. Investors of record on Friday, August 7th were issued a dividend of $0.14 per share. The ex-dividend date was Friday, August 7th. This is a positive change from Howmet Aerospace's previous quarterly dividend of $0.12. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.2%. Howmet Aerospace's dividend payout ratio (DPR) is 12.07%.

About Howmet Aerospace

Howmet Aerospace Inc is an industrial technology company that designs, manufactures and repairs engineered metal products for the aerospace, transportation and industrial markets. Its product portfolio includes precision castings and forgings, engineered fasteners, seamless rolled rings, and complex components for turbine engines, airframes and industrial gas turbines. The company also provides aftermarket services such as component repair, overhaul and parts distribution to support the operating fleet of commercial and military customers.

Howmet serves a global customer base of original equipment manufacturers (OEMs) and aftermarket operators, with manufacturing, service and distribution facilities across North America, Europe and Asia.

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