Howmet Aerospace Inc. $HWM Shares Purchased by BI Asset Management Fondsmaeglerselskab A S

Key Points

• BI Asset Management Fondsmaeglerselskab A S increased its stake in Howmet Aerospace by 71.7% during the first quarter, owning 63,139 shares valued at approximately $8.19 million.
• Howmet Aerospace reported earnings of $0.91 per share in the last quarter, surpassing estimates, and has set a Q3 2025 guidance of between $0.890 and $0.910 EPS.
• The company announced a quarterly dividend of $0.12, marking an increase from the previous dividend of $0.10, with a yield of 0.3%.

BI Asset Management Fondsmaeglerselskab A S grew its position in Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 71.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 63,139 shares of the company's stock after buying an additional 26,367 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S's holdings in Howmet Aerospace were worth $8,191,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in HWM. Hsbc Holdings PLC increased its position in Howmet Aerospace by 7.1% during the 1st quarter. Hsbc Holdings PLC now owns 857,554 shares of the company's stock worth $110,985,000 after purchasing an additional 56,903 shares in the last quarter. Senator Investment Group LP grew its holdings in Howmet Aerospace by 31.3% in the 1st quarter. Senator Investment Group LP now owns 262,500 shares of the company's stock valued at $34,054,000 after buying an additional 62,500 shares during the period. Cladis Investment Advisory LLC purchased a new stake in Howmet Aerospace in the 1st quarter valued at about $216,000. Northern Trust Corp grew its holdings in Howmet Aerospace by 1.3% in the 1st quarter. Northern Trust Corp now owns 3,722,871 shares of the company's stock valued at $482,968,000 after buying an additional 45,963 shares during the period. Finally, Brooklyn Investment Group grew its holdings in Howmet Aerospace by 78.0% in the 1st quarter. Brooklyn Investment Group now owns 2,987 shares of the company's stock valued at $387,000 after buying an additional 1,309 shares during the period. Hedge funds and other institutional investors own 90.46% of the company's stock.

Analyst Ratings Changes

Several analysts have commented on the company. Susquehanna lifted their price target on Howmet Aerospace from $170.00 to $210.00 and gave the company a "positive" rating in a report on Monday, July 14th. JPMorgan Chase & Co. lifted their price target on Howmet Aerospace from $150.00 to $190.00 and gave the company an "overweight" rating in a report on Monday, August 4th. Morgan Stanley lifted their price target on Howmet Aerospace from $170.00 to $210.00 and gave the company an "overweight" rating in a report on Thursday, July 17th. UBS Group lifted their price target on Howmet Aerospace from $120.00 to $155.00 and gave the company a "neutral" rating in a report on Friday, May 2nd. Finally, Truist Financial lifted their price target on Howmet Aerospace from $161.00 to $192.00 and gave the company a "buy" rating in a report on Thursday, June 12th. Fourteen analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $172.13.

Howmet Aerospace Trading Down 1.4%

Shares of NYSE HWM traded down $2.4540 during midday trading on Friday, hitting $170.7960. The stock had a trading volume of 2,995,686 shares, compared to its average volume of 2,800,806. The company has a market capitalization of $68.85 billion, a price-to-earnings ratio of 49.94, a PEG ratio of 2.24 and a beta of 1.48. Howmet Aerospace Inc. has a 1-year low of $90.71 and a 1-year high of $193.26. 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 company has a fifty day moving average price of $179.96 and a 200 day moving average price of $154.41.

Howmet Aerospace (NYSE:HWM - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.87 by $0.04. The firm had revenue of $2.05 billion for the quarter, compared to analyst estimates of $1.99 billion. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.Howmet Aerospace's revenue for the quarter was up 9.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.67 EPS. 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, analysts predict that Howmet Aerospace Inc. will post 3.27 earnings per share for the current year.

Howmet Aerospace Increases Dividend

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

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.