Raiffeisen Bank International AG Sells 3,352 Shares of Howmet Aerospace Inc. $HWM

Raiffeisen Bank International AG lowered its stake in Howmet Aerospace Inc. (NYSE:HWM) by 40.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,951 shares of the company’s stock after selling 3,352 shares during the quarter. Raiffeisen Bank International AG’s holdings in Howmet Aerospace were worth $872,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in HWM. Harbour Investments Inc. grew its stake in shares of Howmet Aerospace by 10.1% during the 1st quarter. Harbour Investments Inc. now owns 1,114 shares of the company’s stock valued at $145,000 after purchasing an additional 102 shares during the period. PFG Advisors boosted its holdings in shares of Howmet Aerospace by 37.9% in the first quarter. PFG Advisors now owns 9,593 shares of the company’s stock worth $1,245,000 after buying an additional 2,635 shares during the last quarter. Shell Asset Management Co. boosted its holdings in shares of Howmet Aerospace by 135.6% in the second quarter. Shell Asset Management Co. now owns 12,420 shares of the company’s stock worth $2,312,000 after buying an additional 7,148 shares during the last quarter. Forsta AP Fonden grew its position in Howmet Aerospace by 27.7% during the second quarter. Forsta AP Fonden now owns 174,900 shares of the company’s stock valued at $32,554,000 after buying an additional 37,900 shares during the period. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in Howmet Aerospace during the second quarter valued at approximately $40,949,000. Institutional investors own 90.46% of the company’s stock.

Wall Street Analyst Weigh In

HWM has been the topic of several analyst reports. Weiss Ratings reiterated a “buy (b)” rating on shares of Howmet Aerospace in a research note on Wednesday, October 8th. Cowen restated a “buy” rating on shares of Howmet Aerospace in a research note on Friday, October 31st. Wall Street Zen raised Howmet Aerospace from a “hold” rating to a “buy” rating in a report on Saturday, August 2nd. BNP Paribas Exane began coverage on Howmet Aerospace in a report on Tuesday. They set an “outperform” rating and a $240.00 price target for the company. Finally, Royal Bank Of Canada upped their price target on Howmet Aerospace from $210.00 to $235.00 and gave the stock an “outperform” rating in a research report on Friday, October 31st. Fifteen research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $216.93.

Howmet Aerospace Stock Up 0.5%

Shares of HWM stock opened at $201.23 on Wednesday. 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 Inc. has a one year low of $105.04 and a one year high of $211.95. The company’s fifty day moving average price is $195.57 and its 200-day moving average price is $182.11. The company has a market capitalization of $80.91 billion, a price-to-earnings ratio of 58.84, a PEG ratio of 2.64 and a beta of 1.47.

Howmet Aerospace (NYSE:HWM) last issued its earnings results on Thursday, October 30th. The company reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.91 by $0.04. The company had revenue of $2.09 billion during the quarter, compared to the consensus estimate of $2.04 billion. Howmet Aerospace had a net margin of 18.09% and a return on equity of 28.17%. Howmet Aerospace’s quarterly revenue was up 13.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.81 EPS. Howmet Aerospace has set its FY 2025 guidance at 3.660-3.680 EPS. Q4 2025 guidance at 0.940-0.960 EPS. Sell-side analysts expect that Howmet Aerospace Inc. will post 3.27 EPS for the current fiscal year.

Howmet Aerospace Announces Dividend

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 given 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 13.48%.

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.