California State Teachers Retirement System Purchases 163,010,842 Shares of Howmet Aerospace Inc. $HWM

Key Points

• California State Teachers Retirement System increased its Howmet Aerospace holdings by 163.0 million shares in the second quarter, bringing its stake to approximately 40.89% of the company.
• Analysts maintain a favorable outlook, with a consensus rating of “Moderate Buy” and an average price target of $316.22, above the reported $259.61 share price.
• Howmet exceeded quarterly earnings and revenue estimates, reporting $1.33 in EPS and $2.55 billion in revenue, while raising its quarterly dividend from $0.12 to $0.14 per share.

California State Teachers Retirement System increased its holdings in Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 28,132.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 163,590,287 shares of the company's stock after purchasing an additional 163,010,842 shares during the quarter. California State Teachers Retirement System owned approximately 40.89% of Howmet Aerospace worth $43,982,885,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the business. Premier Path Wealth Partners LLC increased its stake in shares of Howmet Aerospace by 1.0% during the second quarter. Premier Path Wealth Partners LLC now owns 3,812 shares of the company's stock valued at $1,025,000 after buying an additional 37 shares during the period. Bartlett & CO. Wealth Management LLC lifted its stake in Howmet Aerospace by 55.1% in the second quarter. Bartlett & CO. Wealth Management LLC now owns 107 shares of the company's stock worth $29,000 after acquiring an additional 38 shares during the period. UMB Bank n.a. boosted its holdings in Howmet Aerospace by 2.6% in the fourth quarter. UMB Bank n.a. now owns 1,620 shares of the company's stock valued at $332,000 after acquiring an additional 41 shares in the last quarter. Tudor Financial Inc. boosted its holdings in Howmet Aerospace by 2.6% in the fourth quarter. Tudor Financial Inc. now owns 1,650 shares of the company's stock valued at $338,000 after acquiring an additional 42 shares in the last quarter. Finally, Physician Wealth Advisors Inc. increased its position in Howmet Aerospace by 2.5% during the 1st quarter. Physician Wealth Advisors Inc. now owns 1,730 shares of the company's stock valued at $399,000 after purchasing an additional 42 shares during the period. Hedge funds and other institutional investors own 90.46% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on HWM shares. Susquehanna upped their price objective on shares of Howmet Aerospace from $330.00 to $340.00 and gave the stock a "positive" rating in a report on Friday, August 7th. TD Cowen lifted their target price on shares of Howmet Aerospace from $300.00 to $320.00 and gave the company a "buy" rating in a research note on Monday, July 13th. BTIG Research boosted their price target on shares of Howmet Aerospace from $300.00 to $340.00 and gave the company a "buy" rating in a research report on Monday, August 10th. Sanford C. Bernstein increased their price target on shares of Howmet Aerospace from $318.00 to $328.00 and gave the stock an "outperform" rating in a research note on Monday, August 24th. Finally, Weiss Ratings raised shares of Howmet Aerospace from a "buy (b-)" rating to a "buy (b)" rating in a research note on Wednesday, August 19th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $316.22.

Howmet Aerospace Stock Up 0.1%

NYSE:HWM opened at $259.61 on Monday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.87 and a current ratio of 1.82. The firm has a market cap of $103.87 billion, a P/E ratio of 55.95, a P/E/G ratio of 2.34 and a beta of 1.19. Howmet Aerospace Inc. has a fifty-two week low of $173.38 and a fifty-two week high of $310.00. The firm has a 50-day simple moving average of $275.44 and a two-hundred day simple moving average of $261.23.

Howmet Aerospace (NYSE:HWM - Get Free Report) last issued its earnings results on Thursday, August 6th. The company reported $1.33 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $2.55 billion for the quarter, compared to the consensus estimate of $2.43 billion. During the same quarter in the prior year, the firm posted $0.91 earnings per share. The business'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. Analysts predict that Howmet Aerospace Inc. will post 5.33 earnings per share for the current fiscal year.

Howmet Aerospace Increases Dividend

The firm also recently disclosed 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 boost 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 annualized dividend and a yield of 0.2%. Howmet Aerospace's payout ratio is currently 12.07%.

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.

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