Howmet Aerospace Inc. (NYSE:HWM) Shareholders to Get $0.14 Quarterly Dividend

Howmet Aerospace Inc. (NYSE:HWM) announced a quarterly dividend on Wednesday, October 14th. Shareholders of record on Friday, November 6th will be given a dividend of $0.14 per share on Wednesday, November 25th. This represents a $0.56 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Friday, November 6th.

Howmet Aerospace has decreased its dividend payment by an average of 0.3% per year over the last three years and has increased its dividend annually for the last 5 consecutive years. Howmet Aerospace has a dividend payout ratio of 13.5% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Howmet Aerospace to earn $6.42 per share next year, which means the company should continue to be able to cover its $0.56 annual dividend with an expected future payout ratio of 8.7%.

Howmet Aerospace Price Performance

Howmet Aerospace stock traded up $0.29 during trading hours on Wednesday, hitting $217.13. The stock had a trading volume of 2,733,677 shares, compared to its average volume of 2,720,733. Howmet Aerospace has a 1-year low of $187.46 and a 1-year high of $310.00. The stock has a market capitalization of $86.88 billion, a price-to-earnings ratio of 46.79, a PEG ratio of 1.99 and a beta of 1.21. The stock’s fifty day moving average is $249.32 and its two-hundred day moving average is $257.25. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.82 and a quick ratio of 0.87.

Howmet Aerospace (NYSE:HWM) last released its quarterly 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. The business had revenue of $2.55 billion during 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 business’s revenue was up 24.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $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, analysts predict that Howmet Aerospace will post 5.34 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

HWM has been the topic of a number of research reports. Susquehanna increased their price objective on shares of Howmet Aerospace from $330.00 to $340.00 and gave the company a “positive” rating in a research note on Friday, August 7th. TD Cowen cut their target price on shares of Howmet Aerospace from $320.00 to $280.00 and set a “buy” rating for the company in a research report on Friday, October 9th. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $298.00 price target (down from $328.00) on shares of Howmet Aerospace in a report on Wednesday, October 7th. UBS Group upped their price target on shares of Howmet Aerospace from $299.00 to $326.00 and gave the company a “neutral” rating in a report on Friday, August 7th. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a $370.00 price target (up from $340.00) on shares of Howmet Aerospace in a research report on Sunday, August 9th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $312.67.

Howmet Aerospace Company Profile

Howmet Aerospace Inc (NYSE:HWM) is an aerospace and industrial products company that develops and manufactures advanced engineered components and systems. Its products are used primarily in commercial and defense aircraft, aircraft engines, and other transportation and industrial applications.

The company’s principal businesses include engine products, fastening systems, engineered structures, and forged wheels. Its offerings include forged and cast engine components, airfoils, titanium and nickel-based parts, aerospace structural components, specialized fasteners, and forged aluminum wheels for commercial transportation.