Bessemer Group Inc. Cuts Stock Position in Howmet Aerospace Inc. $HWM

Bessemer Group Inc. cut its holdings in Howmet Aerospace Inc. (NYSE:HWM) by 31.4% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,449,004 shares of the company’s stock after selling 1,121,417 shares during the quarter. Howmet Aerospace accounts for approximately 0.7% of Bessemer Group Inc.’s investment portfolio, making the stock its 22nd largest position. Bessemer Group Inc. owned 0.61% of Howmet Aerospace worth $455,832,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Pinpoint Asset Management Ltd grew its holdings in shares of Howmet Aerospace by 42.8% in the first quarter. Pinpoint Asset Management Ltd now owns 237 shares of the company’s stock valued at $31,000 after purchasing an additional 71 shares in the last quarter. Hemington Wealth Management lifted its position in Howmet Aerospace by 46.6% in the first quarter. Hemington Wealth Management now owns 255 shares of the company’s stock worth $33,000 after buying an additional 81 shares during the last quarter. Rise Advisors LLC lifted its position in Howmet Aerospace by 32.4% in the first quarter. Rise Advisors LLC now owns 270 shares of the company’s stock worth $35,000 after buying an additional 66 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC lifted its position in Howmet Aerospace by 100.7% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 279 shares of the company’s stock worth $36,000 after buying an additional 140 shares during the last quarter. Finally, Wayfinding Financial LLC bought a new stake in Howmet Aerospace in the first quarter worth $37,000. 90.46% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on HWM. Bank of America raised their price target on Howmet Aerospace from $185.00 to $215.00 and gave the stock a “buy” rating in a research report on Tuesday, August 5th. Wall Street Zen upgraded Howmet Aerospace from a “hold” rating to a “buy” rating in a research report on Saturday, August 2nd. JPMorgan Chase & Co. raised their price target on Howmet Aerospace from $150.00 to $190.00 and gave the stock an “overweight” rating in a research report on Monday, August 4th. Barclays restated an “overweight” rating and issued a $190.00 price target (up from $140.00) on shares of Howmet Aerospace in a research report on Monday, August 4th. Finally, Zacks Research downgraded Howmet Aerospace from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 26th. Thirteen research 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, Howmet Aerospace presently has a consensus rating of “Moderate Buy” and a consensus target price of $181.92.

Howmet Aerospace Stock Down 0.7%

NYSE:HWM opened at $198.71 on Monday. Howmet Aerospace Inc. has a twelve month low of $98.83 and a twelve month high of $202.50. The company has a market cap of $80.11 billion, a price-to-earnings ratio of 58.10, a price-to-earnings-growth ratio of 2.57 and a beta of 1.45. The stock has a fifty day simple moving average of $185.51 and a 200-day simple moving average of $173.03. The company has a current ratio of 2.31, a quick ratio of 1.08 and a debt-to-equity ratio of 0.65.

Howmet Aerospace (NYSE:HWM) last released its 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 business had revenue of $2.05 billion during the quarter, compared to the consensus estimate of $1.99 billion. During the same period last year, the company earned $0.67 earnings per share. The business’s revenue for the quarter 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. Analysts anticipate that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Announces Dividend

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