Oddo BHF Asset Management Sas Sells 33,631 Shares of Howmet Aerospace Inc. $HWM

Oddo BHF Asset Management Sas lowered its stake in shares of Howmet Aerospace Inc. (NYSE:HWM) by 21.0% in the first quarter, Holdings Channel.com reports. The firm owned 126,223 shares of the company’s stock after selling 33,631 shares during the period. Howmet Aerospace comprises approximately 1.2% of Oddo BHF Asset Management Sas’ investment portfolio, making the stock its 21st biggest holding. Oddo BHF Asset Management Sas’ holdings in Howmet Aerospace were worth $29,089,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in HWM. Newbridge Financial Services Group Inc. raised its stake in shares of Howmet Aerospace by 119.7% in the second quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock worth $25,000 after purchasing an additional 73 shares during the last quarter. Acumen Wealth Advisors LLC purchased a new position in shares of Howmet Aerospace during the fourth quarter valued at approximately $25,000. Sound Income Strategies LLC boosted its position in shares of Howmet Aerospace by 66.7% during the fourth quarter. Sound Income Strategies LLC now owns 125 shares of the company’s stock valued at $28,000 after buying an additional 50 shares during the last quarter. Cornerstone Financial Management LLC purchased a new position in shares of Howmet Aerospace during the fourth quarter valued at approximately $28,000. Finally, Vermillion & White Wealth Management Group LLC grew its holdings in Howmet Aerospace by 65.1% during the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 137 shares of the company’s stock worth $28,000 after buying an additional 54 shares in the last quarter. 90.46% of the stock is owned by institutional investors.

Howmet Aerospace Stock Performance

Shares of HWM stock opened at $273.35 on Thursday. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.59 and a current ratio of 2.44. The firm has a market cap of $109.37 billion, a price-to-earnings ratio of 63.42, a P/E/G ratio of 2.25 and a beta of 1.19. Howmet Aerospace Inc. has a 52 week low of $169.45 and a 52 week high of $295.28. The firm’s 50-day simple moving average is $269.06 and its two-hundred day simple moving average is $251.02.

Howmet Aerospace (NYSE:HWM) last released its earnings results on Thursday, May 7th. The company reported $1.22 earnings per share for the quarter, beating analysts’ consensus estimates of $1.11 by $0.11. Howmet Aerospace had a net margin of 20.23% and a return on equity of 29.27%. The firm had revenue of $2.31 billion during the quarter, compared to the consensus estimate of $2.24 billion. During the same period in the prior year, the firm earned $0.86 EPS. The company’s revenue was up 19.1% compared to the same quarter last year. Howmet Aerospace has set its FY 2026 guidance at 4.880-5.000 EPS and its Q2 2026 guidance at 1.220-1.240 EPS. As a group, equities analysts forecast that Howmet Aerospace Inc. will post 5.05 earnings per share for the current year.

Howmet Aerospace Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 25th. Shareholders of record on Friday, August 7th will be issued a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 0.2%. This is a positive change from Howmet Aerospace’s previous quarterly dividend of $0.12. The ex-dividend date of this dividend is Friday, August 7th. Howmet Aerospace’s dividend payout ratio is currently 11.14%.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on HWM. Jefferies Financial Group increased their price target on Howmet Aerospace from $320.00 to $340.00 and gave the company a “buy” rating in a research report on Thursday, July 9th. BTIG Research lifted their price objective on shares of Howmet Aerospace from $275.00 to $300.00 and gave the stock a “buy” rating in a report on Friday, May 8th. Wall Street Zen lowered shares of Howmet Aerospace from a “strong-buy” rating to a “buy” rating in a research note on Sunday, July 5th. UBS Group upped their target price on shares of Howmet Aerospace from $260.00 to $290.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $320.00 target price on shares of Howmet Aerospace in a report on Friday, May 8th. Eighteen analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, Howmet Aerospace has an average rating of “Moderate Buy” and a consensus target price of $294.53.

Insider Transactions at Howmet Aerospace

In other Howmet Aerospace news, EVP Neil Edward Marchuk sold 41,932 shares of the firm’s stock in a transaction on Monday, May 11th. The stock was sold at an average price of $269.50, for a total value of $11,300,674.00. Following the completion of the sale, the executive vice president directly owned 65,105 shares of the company’s stock, valued at $17,545,797.50. This trade represents a 39.18% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.85% of the stock is owned by corporate insiders.

Howmet Aerospace Company Profile

Howmet Aerospace Inc is an industrial technology company that designs, manufactures and repairs engineered metal products for the aerospace, transportation and industrial markets. Its product portfolio includes precision castings and forgings, engineered fasteners, seamless rolled rings, and complex components for turbine engines, airframes and industrial gas turbines. The company also provides aftermarket services such as component repair, overhaul and parts distribution to support the operating fleet of commercial and military customers.

Howmet serves a global customer base of original equipment manufacturers (OEMs) and aftermarket operators, with manufacturing, service and distribution facilities across North America, Europe and Asia.