CTC Alternative Strategies Ltd. Makes New $1.34 Million Investment in Howmet Aerospace Inc. $HWM

CTC Alternative Strategies Ltd. bought a new stake in shares of Howmet Aerospace Inc. (NYSE:HWM) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 5,000 shares of the company’s stock, valued at approximately $1,344,000. Howmet Aerospace makes up about 2.0% of CTC Alternative Strategies Ltd.’s holdings, making the stock its 13th largest position.

Several other institutional investors also recently bought and sold shares of the company. BlackRock Inc. purchased a new stake in Howmet Aerospace during the 2nd quarter valued at about $12,318,939,000. Bank of America Corp DE acquired a new stake in Howmet Aerospace during the second quarter worth $2,766,806,000. Norges Bank acquired a new stake in shares of Howmet Aerospace during the 4th quarter worth about $1,793,698,000. Jupiter Topco LLC acquired a new stake in shares of Howmet Aerospace during the 2nd quarter worth about $2,065,086,000. Finally, Bank of New York Mellon Corp purchased a new stake in Howmet Aerospace in the 2nd quarter valued at about $1,099,765,000. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Sanford C. Bernstein boosted their price target on shares of Howmet Aerospace from $318.00 to $328.00 and gave the company an “outperform” rating in a research note on Monday, August 24th. Susquehanna boosted their target price on Howmet Aerospace from $330.00 to $340.00 and gave the company a “positive” rating in a research report on Friday, August 7th. Weiss Ratings upgraded Howmet Aerospace from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, August 19th. Jefferies Financial Group restated a “buy” rating and set a $370.00 price target on shares of Howmet Aerospace in a research report on Sunday, August 9th. Finally, Royal Bank Of Canada lifted their price objective on Howmet Aerospace from $325.00 to $350.00 and gave the company an “outperform” rating in a research note on Friday, August 7th. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $316.22.

Howmet Aerospace Price Performance

HWM stock opened at $264.48 on Monday. The business has a 50 day moving average price of $277.41 and a 200 day moving average price of $260.72. The company has a quick ratio of 0.87, a current ratio of 1.82 and a debt-to-equity ratio of 0.71. The stock 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. Howmet Aerospace Inc. has a fifty-two week low of $170.81 and a fifty-two week high of $310.00.

Howmet Aerospace (NYSE:HWM) last announced its quarterly earnings results on Thursday, August 6th. The company reported $1.33 EPS for the quarter, beating the consensus estimate of $1.24 by $0.09. Howmet Aerospace had a net margin of 20.52% and a return on equity of 33.91%. The company had revenue of $2.55 billion for the quarter, compared to analyst estimates of $2.43 billion. During the same period in the prior year, the firm posted $0.91 earnings per share. The firm’s revenue was up 24.1% on a year-over-year basis. 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. Equities research analysts anticipate that Howmet Aerospace Inc. will post 5.33 earnings per share for the current fiscal year.

Howmet Aerospace Increases Dividend

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

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.