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

Key Points

• Howmet Aerospace declared a quarterly dividend of $0.14 per share, payable November 25 to shareholders of record on November 6. The annualized payout is $0.56 per share, representing a 0.3% yield.
• The dividend appears well covered, with a current payout ratio of 13.5%; analysts expect next year’s earnings to support an estimated payout ratio of 8.7%. The company has raised its dividend for five consecutive years.
• Howmet reported quarterly adjusted earnings of $1.33 per share and revenue of $2.55 billion, exceeding analyst estimates, while revenue increased 24.1% year over year.

Howmet Aerospace Inc. (NYSE:HWM - Get Free Report) 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 dividend on an annualized basis and a 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% annually over the last three years and has raised its dividend annually for the last 5 consecutive years. Howmet Aerospace has a payout ratio of 13.5% indicating that 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 Price Performance

Shares of Howmet Aerospace stock traded up $0.29 on Wednesday, hitting $217.13. 2,733,677 shares of the company were exchanged, compared to its average volume of 2,720,733. 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 50-day moving average price of $249.32 and a 200 day moving average price of $257.25. The stock has a market capitalization of $86.88 billion, a price-to-earnings ratio of 46.79, a price-to-earnings-growth ratio of 1.99 and a beta of 1.21. Howmet Aerospace has a 1-year low of $187.46 and a 1-year high of $310.00.

Howmet Aerospace (NYSE:HWM - Get Free Report) last issued its earnings results on Thursday, August 6th. The company reported $1.33 EPS for the quarter, topping analysts' consensus estimates 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 the consensus estimate of $2.43 billion. During the same period in the previous year, the firm earned $0.91 earnings per share. 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. As a group, sell-side analysts predict that Howmet Aerospace will post 5.34 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Howmet Aerospace

Several institutional investors have recently modified their holdings of the business. West Paces Advisors Inc. acquired a new position in Howmet Aerospace during the second quarter worth about $27,000. Bartlett & CO. Wealth Management LLC lifted its position in shares of Howmet Aerospace by 55.1% during the 2nd quarter. Bartlett & CO. Wealth Management LLC now owns 107 shares of the company's stock valued at $29,000 after acquiring an additional 38 shares during the period. Markowski Investments acquired a new stake in shares of Howmet Aerospace during the 2nd quarter valued at approximately $29,000. Retirement Wealth Solutions LLC lifted its position in shares of Howmet Aerospace by 328.1% during the 3rd quarter. Retirement Wealth Solutions LLC now owns 137 shares of the company's stock valued at $31,000 after acquiring an additional 105 shares during the period. Finally, MV Capital Management Inc. purchased a new stake in shares of Howmet Aerospace during the 4th quarter worth approximately $33,000. Institutional investors and hedge funds own 90.46% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.