Howmet Aerospace Inc. to Issue Quarterly Dividend of $0.12 (NYSE:HWM)

Howmet Aerospace Inc. (NYSE:HWM) declared a quarterly dividend on Thursday, April 23rd. Shareholders of record on Friday, May 8th will be given a dividend of 0.12 per share on Tuesday, May 26th. This represents a c) annualized dividend and a yield of 0.2%. The ex-dividend date is Friday, May 8th.

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 dividend payout ratio of 11.6% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Howmet Aerospace to earn $5.45 per share next year, which means the company should continue to be able to cover its $0.48 annual dividend with an expected future payout ratio of 8.8%.

Howmet Aerospace Trading Up 2.3%

HWM stock opened at $246.41 on Friday. Howmet Aerospace has a 1-year low of $129.28 and a 1-year high of $267.31. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.13 and a quick ratio of 1.09. The company has a market capitalization of $98.74 billion, a price-to-earnings ratio of 66.42, a PEG ratio of 2.22 and a beta of 1.24. The business has a 50 day simple moving average of $246.93 and a two-hundred day simple moving average of $219.93.

Howmet Aerospace (NYSE:HWM) last posted its quarterly earnings results on Thursday, February 12th. The company reported $1.05 earnings per share for the quarter, topping the consensus estimate of $0.97 by $0.08. Howmet Aerospace had a return on equity of 30.41% and a net margin of 18.27%.The business had revenue of $2.17 billion during the quarter, compared to the consensus estimate of $2.12 billion. During the same period in the prior year, the company posted $0.77 EPS. The firm’s revenue for the quarter was up 14.6% compared to the same quarter last year. Howmet Aerospace has set its Q1 2026 guidance at 1.090-1.110 EPS and its FY 2026 guidance at 4.350-4.550 EPS. Research analysts anticipate that Howmet Aerospace will post 4.57 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on HWM shares. Deutsche Bank Aktiengesellschaft set a $278.00 price target on Howmet Aerospace and gave the stock a “buy” rating in a research note on Friday, February 13th. Susquehanna increased their target price on Howmet Aerospace from $255.00 to $290.00 and gave the company a “positive” rating in a research report on Friday, February 13th. Weiss Ratings reiterated a “buy (b)” rating on shares of Howmet Aerospace in a research report on Tuesday. Wells Fargo & Company assumed coverage on Howmet Aerospace in a research report on Wednesday, April 1st. They set an “equal weight” rating and a $240.00 target price for the company. Finally, UBS Group increased their target price on Howmet Aerospace from $228.00 to $260.00 and gave the company a “neutral” rating in a research report on Tuesday, February 17th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $266.89.

Howmet Aerospace Company 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.