Generali Asset Management SPA SGR Sells 6,626 Shares of Howmet Aerospace Inc. $HWM

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

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Brighton Jones LLC increased its stake in Howmet Aerospace by 5.4% during the fourth quarter. Brighton Jones LLC now owns 2,548 shares of the company’s stock worth $279,000 after acquiring an additional 130 shares during the last quarter. GAMMA Investing LLC increased its position in shares of Howmet Aerospace by 22.1% during the 1st quarter. GAMMA Investing LLC now owns 10,238 shares of the company’s stock valued at $1,328,000 after purchasing an additional 1,854 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in Howmet Aerospace by 233.5% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 140,883 shares of the company’s stock valued at $18,277,000 after buying an additional 98,642 shares during the period. Janney Montgomery Scott LLC lifted its position in Howmet Aerospace by 107.7% in the first quarter. Janney Montgomery Scott LLC now owns 60,950 shares of the company’s stock worth $7,907,000 after buying an additional 31,606 shares during the last quarter. Finally, Sagespring Wealth Partners LLC boosted its stake in Howmet Aerospace by 42.7% during the first quarter. Sagespring Wealth Partners LLC now owns 4,294 shares of the company’s stock worth $557,000 after buying an additional 1,284 shares during the period. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Wall Street Analysts Forecast Growth

HWM has been the topic of several recent analyst reports. Morgan Stanley increased their target price on shares of Howmet Aerospace from $170.00 to $210.00 and gave the company an “overweight” rating in a research note on Thursday, July 17th. Bank of America increased their price objective on shares of Howmet Aerospace from $185.00 to $215.00 and gave the stock a “buy” rating in a research report on Tuesday, August 5th. JPMorgan Chase & Co. boosted their target price on Howmet Aerospace from $150.00 to $190.00 and gave the company an “overweight” rating in a research report on Monday, August 4th. Barclays reaffirmed an “overweight” rating and set a $190.00 target price (up previously from $140.00) on shares of Howmet Aerospace in a research note on Monday, August 4th. Finally, BTIG Research set a $205.00 price target on Howmet Aerospace and gave the stock a “buy” rating in a research note on Monday, August 4th. Fourteen research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $176.21.

Howmet Aerospace Price Performance

Shares of HWM stock opened at $192.91 on Wednesday. The company has a market capitalization of $77.77 billion, a P/E ratio of 56.41, a P/E/G ratio of 2.46 and a beta of 1.45. The company’s 50-day simple moving average is $183.02 and its two-hundred day simple moving average is $168.72. Howmet Aerospace Inc. has a one year low of $98.83 and a one year high of $198.48. 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 (NYSE:HWM) last posted its quarterly earnings results on Thursday, July 31st. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.87 by $0.04. The firm had revenue of $2.05 billion during the quarter, compared to the consensus estimate of $1.99 billion. Howmet Aerospace had a net margin of 18.09% and a return on equity of 28.17%. The company’s revenue was up 9.2% on a year-over-year basis. During the same quarter 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. As a group, equities analysts anticipate that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Dividend Announcement

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

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.