Howmet Aerospace Inc. (NYSE:HWM) to Issue Quarterly Dividend of $0.14

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

Howmet Aerospace has decreased its dividend payment by an average of 0.3% annually over the last three years and has increased its dividend every year for the last 5 years. Howmet Aerospace has a payout ratio of 13.5% meaning its dividend is sufficiently covered by earnings. 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 Trading Up 0.1%

NYSE HWM opened at $217.13 on Thursday. The stock’s 50-day simple moving average is $247.83 and its two-hundred day simple moving average is $257.15. Howmet Aerospace has a twelve month low of $187.46 and a twelve month high of $310.00. 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 company has a market capitalization of $86.87 billion, a price-to-earnings ratio of 46.79, a PEG ratio of 1.95 and a beta of 1.21.

Howmet Aerospace (NYSE:HWM) last announced its quarterly earnings data on Thursday, August 6th. The company reported $1.33 earnings per share for the quarter, topping analysts’ consensus estimates of $1.24 by $0.09. The firm had revenue of $2.55 billion during the quarter, compared to analyst estimates of $2.43 billion. Howmet Aerospace had a net margin of 20.52% and a return on equity of 33.91%. The business’s quarterly revenue was up 24.1% on a year-over-year basis. During the same period in the previous year, the business 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. Research analysts forecast that Howmet Aerospace will post 5.34 EPS for the current fiscal year.

Hedge Funds Weigh In On Howmet Aerospace

Several large investors have recently modified their holdings of HWM. West Paces Advisors Inc. bought a new stake in shares of Howmet Aerospace in the second quarter worth approximately $27,000. Bartlett & CO. Wealth Management LLC lifted its position in Howmet Aerospace by 55.1% during the second quarter. Bartlett & CO. Wealth Management LLC now owns 107 shares of the company’s stock valued at $29,000 after purchasing an additional 38 shares during the period. Markowski Investments bought a new position in Howmet Aerospace during the second quarter valued at approximately $29,000. Retirement Wealth Solutions LLC lifted its position in Howmet Aerospace by 328.1% during the third quarter. Retirement Wealth Solutions LLC now owns 137 shares of the company’s stock valued at $31,000 after purchasing an additional 105 shares during the period. Finally, MV Capital Management Inc. bought a new position in Howmet Aerospace during the fourth quarter valued at approximately $33,000. Hedge funds and other institutional investors own 90.46% of the company’s stock.

About Howmet Aerospace

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.