Howmet Aerospace Inc. (HWM) To Go Ex-Dividend on November 6th

Howmet Aerospace Inc. (NYSE:HWM) declared 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 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend is Friday, November 6th.

Howmet Aerospace has decreased its dividend by an average of 0.3% per year over the last three years and has increased its dividend every year for the last 5 years. Howmet Aerospace has a dividend 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 1.1%

Shares of Howmet Aerospace stock opened at $219.89 on Friday. The stock has a fifty day simple moving average of $246.45 and a 200 day simple moving average of $257.10. Howmet Aerospace has a 12-month low of $187.46 and a 12-month high of $310.00. The company has a market capitalization of $87.98 billion, a P/E ratio of 47.39, a price-to-earnings-growth ratio of 1.96 and a beta of 1.21. The company has a current ratio of 1.82, a quick ratio of 0.87 and a debt-to-equity ratio of 0.71.

Howmet Aerospace (NYSE:HWM) last released its quarterly earnings results on Thursday, August 6th. The company reported $1.33 EPS for the quarter, beating analysts’ consensus estimates of $1.24 by $0.09. Howmet Aerospace had a return on equity of 33.91% and a net margin of 20.52%. The business had revenue of $2.55 billion during the quarter, compared to analyst estimates of $2.43 billion. During the same period in the prior year, the firm posted $0.91 EPS. Howmet Aerospace’s quarterly revenue was up 24.1% compared to the same quarter last year. 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. On average, sell-side analysts anticipate that Howmet Aerospace will post 5.34 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

HWM has been the subject of several analyst reports. TD Cowen lowered their target price on shares of Howmet Aerospace from $320.00 to $280.00 and set a “buy” rating for the company in a report on Friday, October 9th. Wall Street Zen cut shares of Howmet Aerospace from a “strong-buy” rating to a “buy” rating in a report on Sunday, July 5th. Wells Fargo & Company cut their price target on shares of Howmet Aerospace from $315.00 to $255.00 and set an “equal weight” rating on the stock in a report on Wednesday, September 30th. JPMorgan Chase & Co. upped their price objective on shares of Howmet Aerospace from $310.00 to $350.00 and gave the stock an “overweight” rating in a research report on Monday, August 10th. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a $370.00 price objective (up from $340.00) on shares of Howmet Aerospace in a research note on Sunday, August 9th. One research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $310.29.

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.