ASR Vermogensbeheer N.V. Sells 40,624 Shares of Howmet Aerospace Inc. $HWM

Key Points

• ASR Vermogensbeheer N.V. reduced its stake in Howmet Aerospace Inc. by 30.1%, selling 40,624 shares in the second quarter, leaving them with 94,227 shares valued at approximately $17.5 million.
• Howmet Aerospace reported earnings of $0.91 per share, exceeding the analyst estimate of $0.87, with revenue of $2.05 billion in the last quarter, marking a 9.2% increase year over year.
• The company announced a quarterly dividend of $0.12 per share, with the ex-dividend date set for November 7th, representing an annualized yield of 0.2%.

ASR Vermogensbeheer N.V. lessened its stake in Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 30.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 94,227 shares of the company's stock after selling 40,624 shares during the period. ASR Vermogensbeheer N.V.'s holdings in Howmet Aerospace were worth $17,539,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Pinpoint Asset Management Ltd lifted its stake in shares of Howmet Aerospace by 42.8% during the first quarter. Pinpoint Asset Management Ltd now owns 237 shares of the company's stock valued at $31,000 after acquiring an additional 71 shares during the period. Hemington Wealth Management raised its holdings in Howmet Aerospace by 46.6% during the 1st quarter. Hemington Wealth Management now owns 255 shares of the company's stock worth $33,000 after purchasing an additional 81 shares during the last quarter. GPS Wealth Strategies Group LLC raised its holdings in Howmet Aerospace by 114.6% during the 1st quarter. GPS Wealth Strategies Group LLC now owns 264 shares of the company's stock worth $34,000 after purchasing an additional 141 shares during the last quarter. Rise Advisors LLC lifted its position in Howmet Aerospace by 32.4% during the 1st quarter. Rise Advisors LLC now owns 270 shares of the company's stock valued at $35,000 after purchasing an additional 66 shares during the period. Finally, Annis Gardner Whiting Capital Advisors LLC boosted its stake in shares of Howmet Aerospace by 100.7% in the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 279 shares of the company's stock valued at $36,000 after purchasing an additional 140 shares during the last quarter. Institutional investors and hedge funds own 90.46% of the company's stock.

Howmet Aerospace Price Performance

Shares of HWM stock opened at $194.99 on Thursday. The company has a quick ratio of 1.08, a current ratio of 2.31 and a debt-to-equity ratio of 0.65. Howmet Aerospace Inc. has a 12-month low of $98.83 and a 12-month high of $198.48. The firm has a fifty day moving average of $182.25 and a 200-day moving average of $164.88. The firm has a market capitalization of $78.61 billion, a price-to-earnings ratio of 57.02, a price-to-earnings-growth ratio of 2.54 and a beta of 1.45.

Howmet Aerospace (NYSE:HWM - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.87 by $0.04. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.The business had revenue of $2.05 billion for the quarter, compared to the consensus estimate of $1.99 billion. During the same quarter last year, the business posted $0.67 EPS. The firm's revenue was up 9.2% compared to the same quarter last year. Howmet Aerospace has set its Q3 2025 guidance at 0.890-0.910 EPS. FY 2025 guidance at 3.560-3.640 EPS. On average, equities research analysts forecast that Howmet Aerospace Inc. will post 3.27 earnings per share for the current year.

Howmet Aerospace Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, November 25th. Investors of record on Friday, November 7th will be paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Friday, November 7th. Howmet Aerospace's dividend payout ratio is presently 14.04%.

Analyst Upgrades and Downgrades

HWM has been the subject of a number of recent research reports. Zacks Research downgraded shares of Howmet Aerospace from a "strong-buy" rating to a "hold" rating in a research note on Friday, September 26th. Truist Financial raised their price objective on shares of Howmet Aerospace from $161.00 to $192.00 and gave the company a "buy" rating in a research note on Thursday, June 12th. Wall Street Zen upgraded shares of Howmet Aerospace from a "hold" rating to a "buy" rating in a research report on Saturday, August 2nd. Morgan Stanley increased their price target on Howmet Aerospace from $170.00 to $210.00 and gave the company an "overweight" rating in a research note on Thursday, July 17th. Finally, Royal Bank Of Canada restated an "outperform" rating on shares of Howmet Aerospace in a research report on Monday, June 30th. Fourteen investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company's stock. According to data from MarketBeat.com, Howmet Aerospace has an average rating of "Moderate Buy" and a consensus target price of $172.13.

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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