Bessemer Group Inc. Cuts Stake in Howmet Aerospace Inc. $HWM

Bessemer Group Inc. lowered its position in shares of Howmet Aerospace Inc. (NYSE:HWM) by 31.4% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 2,449,004 shares of the company’s stock after selling 1,121,417 shares during the period. Howmet Aerospace makes up about 0.7% of Bessemer Group Inc.’s portfolio, making the stock its 22nd biggest position. Bessemer Group Inc.’s holdings in Howmet Aerospace were worth $455,832,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Thurston Springer Miller Herd & Titak Inc. grew its stake in Howmet Aerospace by 4.3% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,491 shares of the company’s stock valued at $278,000 after purchasing an additional 61 shares during the last quarter. Venturi Wealth Management LLC grew its stake in Howmet Aerospace by 3.1% in the second quarter. Venturi Wealth Management LLC now owns 2,093 shares of the company’s stock valued at $390,000 after purchasing an additional 62 shares during the last quarter. Rise Advisors LLC grew its stake in Howmet Aerospace by 32.4% in the first quarter. Rise Advisors LLC now owns 270 shares of the company’s stock valued at $35,000 after purchasing an additional 66 shares during the last quarter. Hemington Wealth Management grew its stake in Howmet Aerospace by 25.9% in the second quarter. Hemington Wealth Management now owns 321 shares of the company’s stock valued at $59,000 after purchasing an additional 66 shares during the last quarter. Finally, Pinpoint Asset Management Ltd grew its stake in 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 during the last quarter. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Price Performance

Shares of HWM stock opened at $198.71 on Monday. Howmet Aerospace Inc. has a fifty-two week low of $98.83 and a fifty-two week high of $202.50. The firm has a market capitalization of $80.11 billion, a price-to-earnings ratio of 58.10, a PEG ratio of 2.57 and a beta of 1.45. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.08 and a current ratio of 2.31. The stock’s 50-day simple moving average is $185.51 and its 200-day simple moving average is $173.03.

Howmet Aerospace (NYSE:HWM) last released its earnings results on Thursday, July 31st. The company reported $0.91 EPS for the quarter, topping analysts’ consensus estimates of $0.87 by $0.04. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.The firm had revenue of $2.05 billion during the quarter, compared to the consensus estimate of $1.99 billion. During the same quarter in the previous year, the company posted $0.67 earnings per share. The company’s revenue 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. As a group, equities analysts forecast that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Announces Dividend

The company also recently announced 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. The ex-dividend date of this dividend is Friday, November 7th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.2%. Howmet Aerospace’s payout ratio is 14.04%.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on HWM shares. Truist Financial lifted their target price on Howmet Aerospace from $202.00 to $217.00 and gave the company a “buy” rating in a research note on Wednesday, October 15th. Wall Street Zen upgraded Howmet Aerospace from a “hold” rating to a “buy” rating in a research note on Saturday, August 2nd. Barclays restated an “overweight” rating and set a $190.00 price target (up previously from $140.00) on shares of Howmet Aerospace in a research note on Monday, August 4th. Zacks Research lowered Howmet Aerospace from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 26th. 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. Thirteen analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $181.92.

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.