Allianz SE Decreases Stake in Howmet Aerospace Inc. $HWM

Allianz SE lessened its stake in shares of Howmet Aerospace Inc. (NYSE:HWM) by 15.7% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 41,421 shares of the company’s stock after selling 7,741 shares during the period. Allianz SE’s holdings in Howmet Aerospace were worth $7,710,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently made changes to their positions in HWM. Brighton Jones LLC grew its holdings 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 purchasing an additional 130 shares in the last quarter. CWM LLC increased its stake in Howmet Aerospace by 7.8% in the first quarter. CWM LLC now owns 46,756 shares of the company’s stock valued at $6,066,000 after purchasing an additional 3,374 shares during the last quarter. Signaturefd LLC increased its stake in Howmet Aerospace by 19.9% in the first quarter. Signaturefd LLC now owns 5,264 shares of the company’s stock valued at $683,000 after purchasing an additional 872 shares during the last quarter. Sigma Planning Corp acquired a new stake in Howmet Aerospace during the first quarter worth approximately $1,189,000. Finally, Apollon Wealth Management LLC lifted its position in shares of Howmet Aerospace by 90.0% during the 1st quarter. Apollon Wealth Management LLC now owns 17,194 shares of the company’s stock worth $2,231,000 after buying an additional 8,145 shares during the last quarter. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts recently commented on the stock. UBS Group increased their target price on shares of Howmet Aerospace from $199.00 to $209.00 and gave the company a “neutral” rating in a research report on Friday, October 31st. Zacks Research downgraded shares of Howmet Aerospace from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 26th. Barclays reiterated an “overweight” rating and set a $190.00 target price (up previously from $140.00) on shares of Howmet Aerospace in a research report on Monday, August 4th. TD Cowen boosted their target price on Howmet Aerospace from $210.00 to $240.00 and gave the company a “buy” rating in a report on Friday, October 31st. Finally, Vertical Research reissued a “buy” rating on shares of Howmet Aerospace in a research report on Thursday, July 31st. Fourteen equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $212.79.

Howmet Aerospace Stock Performance

Shares of HWM stock opened at $204.96 on Thursday. Howmet Aerospace Inc. has a 52-week low of $105.04 and a 52-week high of $211.95. 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 stock’s 50-day moving average price is $193.77 and its 200 day moving average price is $180.20. The stock has a market capitalization of $82.41 billion, a PE ratio of 59.93, a price-to-earnings-growth ratio of 2.64 and a beta of 1.47.

Howmet Aerospace (NYSE:HWM) last posted its quarterly earnings data on Thursday, October 30th. The company reported $0.95 earnings per share for the quarter, beating analysts’ consensus estimates of $0.91 by $0.04. Howmet Aerospace had a net margin of 18.09% and a return on equity of 28.17%. The firm had revenue of $2.09 billion for the quarter, compared to analyst estimates of $2.04 billion. During the same period last year, the firm posted $0.81 EPS. Howmet Aerospace’s quarterly revenue was up 13.8% on a year-over-year basis. Howmet Aerospace has set its FY 2025 guidance at 3.660-3.680 EPS. Q4 2025 guidance at 0.940-0.960 EPS. As a group, equities research analysts forecast that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 25th. Investors of record on Friday, November 7th will be issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Friday, November 7th. Howmet Aerospace’s dividend payout ratio is currently 13.48%.

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.