Generali Asset Management SPA SGR Trims Stake in Howmet Aerospace Inc. $HWM

Generali Asset Management SPA SGR reduced its stake in Howmet Aerospace Inc. (NYSE:HWM) by 12.4% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 46,733 shares of the company’s stock after selling 6,626 shares during the quarter. Generali Asset Management SPA SGR’s holdings in Howmet Aerospace were worth $8,698,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. JPMorgan Chase & Co. raised its stake in shares of Howmet Aerospace by 21.1% in the first quarter. JPMorgan Chase & Co. now owns 24,450,547 shares of the company’s stock worth $3,171,970,000 after buying an additional 4,252,401 shares during the period. Nuveen LLC purchased a new stake in Howmet Aerospace in the 1st quarter worth approximately $366,209,000. Westfield Capital Management Co. LP bought a new stake in Howmet Aerospace during the 1st quarter worth approximately $147,251,000. Goldman Sachs Group Inc. lifted its holdings in Howmet Aerospace by 58.3% during the first quarter. Goldman Sachs Group Inc. now owns 2,094,971 shares of the company’s stock valued at $271,781,000 after purchasing an additional 771,271 shares in the last quarter. Finally, Menora Mivtachim Holdings LTD. purchased a new position in Howmet Aerospace during the first quarter valued at approximately $93,529,000. 90.46% of the stock is currently owned by hedge funds and other institutional investors.

Howmet Aerospace Stock Up 1.5%

HWM opened at $192.91 on Wednesday. The company has a market capitalization of $77.77 billion, a PE ratio of 56.41, a price-to-earnings-growth ratio of 2.46 and a beta of 1.45. The firm has a 50-day simple moving average of $183.02 and a two-hundred day simple moving average of $168.72. 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 52 week low of $98.83 and a 52 week high of $198.48.

Howmet Aerospace (NYSE:HWM) last issued its earnings results on Thursday, July 31st. The company reported $0.91 earnings per share (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 analysts’ expectations of $1.99 billion. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.The business’s revenue was up 9.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.67 earnings per share. Howmet Aerospace has set its Q3 2025 guidance at 0.890-0.910 EPS. FY 2025 guidance at 3.560-3.640 EPS. Analysts forecast that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 25th. Stockholders of record on Friday, November 7th will be issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Friday, November 7th. Howmet Aerospace’s dividend payout ratio is 14.04%.

Wall Street Analysts Forecast Growth

HWM has been the subject of a number of analyst reports. JPMorgan Chase & Co. increased their price objective on shares of Howmet Aerospace from $150.00 to $190.00 and gave the stock an “overweight” rating in a research note on Monday, August 4th. Barclays reiterated an “overweight” rating and issued a $190.00 price target (up previously from $140.00) on shares of Howmet Aerospace in a research note on Monday, August 4th. Vertical Research restated a “buy” rating on shares of Howmet Aerospace in a research report on Thursday, July 31st. Morgan Stanley increased their target price on Howmet Aerospace from $170.00 to $210.00 and gave the stock an “overweight” rating in a research report on Thursday, July 17th. Finally, Bank of America lifted their target price on Howmet Aerospace from $185.00 to $215.00 and gave the company a “buy” rating in a research note on Tuesday, August 5th. Fourteen equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, Howmet Aerospace currently has a consensus rating of “Moderate Buy” and an average target price of $176.21.

Howmet Aerospace Company 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.