CTC Alternative Strategies Ltd. Buys Shares of 5,000 Howmet Aerospace Inc. $HWM

CTC Alternative Strategies Ltd. acquired a new stake in shares of Howmet Aerospace Inc. (NYSE:HWM) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 5,000 shares of the company’s stock, valued at approximately $1,344,000. Howmet Aerospace accounts for approximately 2.0% of CTC Alternative Strategies Ltd.’s holdings, making the stock its 13th biggest holding.

Several other large investors have also recently made changes to their positions in HWM. Brighton Jones LLC raised its holdings in Howmet Aerospace by 5.4% in the fourth quarter. Brighton Jones LLC now owns 2,548 shares of the company’s stock worth $279,000 after purchasing an additional 130 shares in the last quarter. Acadian Asset Management LLC purchased a new position in shares of Howmet Aerospace in the 1st quarter worth approximately $399,000. Sivia Capital Partners LLC bought a new position in shares of Howmet Aerospace during the 2nd quarter worth approximately $216,000. Brown Advisory Inc. raised its stake in shares of Howmet Aerospace by 31.0% during the 2nd quarter. Brown Advisory Inc. now owns 4,180 shares of the company’s stock worth $778,000 after acquiring an additional 990 shares in the last quarter. Finally, Cary Street Partners Financial LLC purchased a new stake in Howmet Aerospace during the second quarter valued at approximately $145,000. 90.46% of the stock is owned by institutional investors.

Howmet Aerospace Price Performance

NYSE HWM opened at $264.48 on Monday. The company has a market cap of $105.82 billion, a price-to-earnings ratio of 57.00, a PEG ratio of 1.89 and a beta of 1.20. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.82 and a quick ratio of 0.87. The stock’s fifty day moving average price is $277.41 and its 200 day moving average price is $260.72. Howmet Aerospace Inc. has a 1 year low of $170.81 and a 1 year high of $310.00.

Howmet Aerospace (NYSE:HWM) last posted its quarterly earnings results on Thursday, August 6th. The company reported $1.33 earnings per share for the quarter, beating the consensus estimate of $1.24 by $0.09. The business had revenue of $2.55 billion for the quarter, compared to the consensus estimate of $2.43 billion. Howmet Aerospace had a return on equity of 33.91% and a net margin of 20.52%.The company’s quarterly revenue was up 24.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.91 EPS. Howmet Aerospace has set its Q3 2026 guidance at 1.340-1.360 EPS and its FY 2026 guidance at 5.230-5.310 EPS. As a group, equities research analysts forecast that Howmet Aerospace Inc. will post 5.33 earnings per share for the current year.

Howmet Aerospace Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, August 25th. Investors of record on Friday, August 7th were issued a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 0.2%. This is a boost from Howmet Aerospace’s previous quarterly dividend of $0.12. The ex-dividend date of this dividend was Friday, August 7th. Howmet Aerospace’s dividend payout ratio is 12.07%.

Wall Street Analyst Weigh In

HWM has been the topic of several analyst reports. Wells Fargo & Company reaffirmed an “outperform” rating and issued a $315.00 price target on shares of Howmet Aerospace in a report on Monday, August 10th. Citigroup reissued a “buy” rating on shares of Howmet Aerospace in a research report on Wednesday, August 12th. Jefferies Financial Group restated a “buy” rating and set a $370.00 target price on shares of Howmet Aerospace in a research note on Sunday, August 9th. BNP Paribas Exane reaffirmed an “outperform” rating and set a $340.00 target price (up from $265.00) on shares of Howmet Aerospace in a research report on Friday, May 8th. Finally, Susquehanna increased their price target on Howmet Aerospace from $330.00 to $340.00 and gave the company a “positive” rating in a research note on Friday, August 7th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $316.22.

Howmet Aerospace 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.