Banco Bilbao Vizcaya Argentaria S.A. Acquires 25,839 Shares of Howmet Aerospace Inc. $HWM

Key Points

• Banco Bilbao Vizcaya Argentaria S.A. increased its stake in Howmet Aerospace by 31.7%, holding 107,287 shares valued at approximately $13.9 million at the end of the first quarter.
• Analysts have set a consensus price target of $172.13 for Howmet Aerospace, with 14 analysts rating it a 'Buy' and four a 'Hold'.
• Howmet Aerospace recently announced an increase in its quarterly dividend, raising it from $0.10 to $0.12 per share, representing an annualized yield of 0.3%.

Banco Bilbao Vizcaya Argentaria S.A. grew its holdings in Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 31.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 107,287 shares of the company's stock after acquiring an additional 25,839 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.'s holdings in Howmet Aerospace were worth $13,908,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also made changes to their positions in HWM. Brighton Jones LLC lifted its position in shares of Howmet Aerospace by 5.4% in the fourth quarter. Brighton Jones LLC now owns 2,548 shares of the company's stock valued at $279,000 after acquiring an additional 130 shares in the last quarter. Townsquare Capital LLC boosted its stake in Howmet Aerospace by 6.7% during the fourth quarter. Townsquare Capital LLC now owns 3,108 shares of the company's stock valued at $340,000 after buying an additional 195 shares during the last quarter. GeoWealth Management LLC boosted its stake in Howmet Aerospace by 13.1% during the fourth quarter. GeoWealth Management LLC now owns 1,171 shares of the company's stock valued at $128,000 after buying an additional 136 shares during the last quarter. MML Investors Services LLC boosted its stake in Howmet Aerospace by 22.9% during the fourth quarter. MML Investors Services LLC now owns 46,073 shares of the company's stock valued at $5,039,000 after buying an additional 8,576 shares during the last quarter. Finally, Tower Research Capital LLC TRC boosted its stake in Howmet Aerospace by 183.2% during the fourth quarter. Tower Research Capital LLC TRC now owns 27,640 shares of the company's stock valued at $3,023,000 after buying an additional 17,879 shares during the last quarter. 90.46% of the stock is currently owned by hedge funds and other institutional investors.

Howmet Aerospace Trading Down 1.4%

Shares of NYSE:HWM traded down $2.4540 during trading on Friday, hitting $170.7960. The company had a trading volume of 2,995,686 shares, compared to its average volume of 2,800,806. The stock has a market cap of $68.85 billion, a price-to-earnings ratio of 49.94, a price-to-earnings-growth ratio of 2.24 and a beta of 1.48. Howmet Aerospace Inc. has a one year low of $90.71 and a one year high of $193.26. The company has a fifty day simple moving average of $179.96 and a two-hundred day simple moving average of $154.41. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.31 and a quick ratio of 1.08.

Howmet Aerospace (NYSE:HWM - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The company reported $0.91 earnings per share 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 firm had revenue of $2.05 billion for the quarter, compared to the consensus estimate of $1.99 billion. During the same period in the prior year, the business posted $0.67 earnings per share. The company's revenue for the quarter was up 9.2% on a year-over-year basis. Howmet Aerospace has set its Q3 2025 guidance at 0.890-0.910 EPS. FY 2025 guidance at 3.560-3.640 EPS. As a group, equities analysts forecast that Howmet Aerospace Inc. will post 3.27 earnings per share for the current year.

Howmet Aerospace Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 25th. Investors of record on Friday, August 8th will be paid a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, August 8th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.3%. This is an increase from Howmet Aerospace's previous quarterly dividend of $0.10. Howmet Aerospace's dividend payout ratio is 14.04%.

Analysts Set New Price Targets

A number of brokerages recently commented on HWM. Truist Financial increased their price target on Howmet Aerospace from $161.00 to $192.00 and gave the company a "buy" rating in a research note on Thursday, June 12th. BTIG Research set a $205.00 price target on Howmet Aerospace and gave the company a "buy" rating in a research note on Monday, August 4th. Bank of America increased their price target on Howmet Aerospace from $185.00 to $215.00 and gave the company a "buy" rating in a research note on Tuesday, August 5th. UBS Group increased their price target on Howmet Aerospace from $120.00 to $155.00 and gave the company a "neutral" rating in a research note on Friday, May 2nd. Finally, Royal Bank Of Canada reissued an "outperform" rating on shares of Howmet Aerospace in a research note on Monday, June 30th. Fourteen analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target 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.