Banco Bilbao Vizcaya Argentaria S.A. Has $15.80 Million Stock Holdings in Howmet Aerospace Inc. $HWM

Banco Bilbao Vizcaya Argentaria S.A. decreased its position in Howmet Aerospace Inc. (NYSE:HWM) by 20.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 84,933 shares of the company’s stock after selling 22,354 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Howmet Aerospace were worth $15,800,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Pinpoint Asset Management Ltd lifted its position in Howmet Aerospace by 42.8% during the 1st 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 period. Atlantic Union Bankshares Corp acquired a new stake in shares of Howmet Aerospace during the 2nd quarter worth approximately $32,000. Hemington Wealth Management raised its stake in shares of Howmet Aerospace by 46.6% during the first quarter. Hemington Wealth Management now owns 255 shares of the company’s stock worth $33,000 after buying an additional 81 shares during the last quarter. Rise Advisors LLC lifted its holdings 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 buying an additional 66 shares during the period. Finally, Annis Gardner Whiting Capital Advisors LLC lifted its holdings in Howmet Aerospace by 100.7% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 279 shares of the company’s stock valued at $36,000 after buying an additional 140 shares during the period. 90.46% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have commented on HWM. Susquehanna set a $235.00 target price on shares of Howmet Aerospace and gave the stock a “positive” rating in a report on Friday, October 31st. Barclays restated an “overweight” rating and issued a $190.00 price target (up from $140.00) on shares of Howmet Aerospace in a research report on Monday, August 4th. UBS Group lifted their price objective on Howmet Aerospace from $199.00 to $209.00 and gave the stock a “neutral” rating in a research note on Friday, October 31st. Truist Financial upped their price objective on Howmet Aerospace from $202.00 to $217.00 and gave the company a “buy” rating in a report on Wednesday, October 15th. Finally, Industrial Alliance Securities set a $240.00 target price on Howmet Aerospace in a report on Monday, November 3rd. Fourteen investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $215.29.

Howmet Aerospace Stock Performance

Shares of Howmet Aerospace stock opened at $203.00 on Friday. The stock’s fifty day simple moving average is $194.70 and its 200 day simple moving average is $180.81. The company has a current ratio of 2.31, a quick ratio of 1.08 and a debt-to-equity ratio of 0.65. The company has a market capitalization of $81.62 billion, a PE ratio of 59.36, a PEG ratio of 2.64 and a beta of 1.47. Howmet Aerospace Inc. has a 12 month low of $105.04 and a 12 month high of $211.95.

Howmet Aerospace (NYSE:HWM) last announced its quarterly earnings results on Thursday, October 30th. The company reported $0.95 earnings per share (EPS) 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 return on equity of 28.17% and a net margin of 18.09%.The company’s revenue for the quarter was up 13.8% compared to the same quarter last year. During the same period in the prior year, the company earned $0.81 earnings per share. Howmet Aerospace has set its FY 2025 guidance at 3.660-3.680 EPS. Q4 2025 guidance at 0.940-0.960 EPS. On average, research analysts predict that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Dividend Announcement

The business 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 dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 0.2%. The ex-dividend date is Friday, November 7th. Howmet Aerospace’s dividend payout ratio (DPR) is 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.