Howmet Aerospace (HWM)
Industrials · NYSE · US
Price as at 13 Aug 2026, 18:16 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
Howmet Aerospace trades at $283.07, which is 41% above the $165.93 our fair value estimate puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.
Our moat model scores it 77 out of 100, which is a wide moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 62.8 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
HWM dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | $0.380 | 3 |
| 2025 | $0.440 | 4 |
| 2024 | $0.260 | 4 |
| 2023 | $0.170 | 4 |
| 2022 | $0.100 | 4 |
| 2021 | $0.040 | 2 |
| 2020 | $0.015 | 1 |
| 2019 | $0.092 | 4 |
| 2018 | $0.184 | 4 |
| 2017 | $0.184 | 4 |
| 2016 | $0.069 | 1 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
HWM earnings and analyst estimates
Recommendation mix, 22 published ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About Howmet Aerospace
Howmet Aerospace Inc. provides advanced engineered solutions for the aerospace and transportation industries in the United States, Japan, France, Germany, the United Kingdom, Mexico, Italy, Canada, Poland, China, and internationally. It operates through four segments: Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels. The Engine Products segment offers airfoils and seamless rolled rings primarily for aircraft engines and industrial gas turbines; and rotating and structural parts. The Fastening Systems segment produces aerospace fastening systems, as well as commercial transportation, industrial, and other fasteners; and latches, bearings, fluid fittings, and installation tools. The Engineered Structures segment provides titanium ingots and mill products, aluminum and nickel forgings, and machined components and assemblies for aerospace and defense applications; and titanium forgings, extrusions, and forming and machining services for airframe, wing, aero-engine, and landing gear components. The Forged Wheels segment offers forged aluminum wheels and related products for heavy-duty trucks and commercial transportation markets. The company was formerly known as Arconic Inc. Howmet Aerospace Inc. was founded in 1888 and is based in Pittsburgh, Pennsylvania.
Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.
HWM passes 3 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Super investor ownership
19 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Kensico Capital, KENSICO CAPITAL MANAGEMENT CORP$1.37B · 23.4% of book
- Ken Griffin, CITADEL ADVISORS LLC$758.17M · 0.1% of book
- Capital Research Global, Capital Research Global Investors$656.19M · 0.1% of book
- Cliff Asness, AQR CAPITAL MANAGEMENT LLC$243.90M · 0.1% of book
- Israel Englander, MILLENNIUM MANAGEMENT LLC$236.10M · 0.1% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
Common questions
Is Howmet Aerospace (HWM) undervalued?
Against our fair value estimate of $165.93, HWM at $283.07 is 41% above fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.
Which funds own HWM?
19 of the institutions we track reported a position in HWM in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
What is HWM's P/E ratio?
HWM trades at 62.8 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Does Howmet Aerospace (HWM) pay a dividend?
Yes. Howmet Aerospace yields 0.18% at the current share price. It has paid $0.500 per share over the trailing twelve months. It has paid a dividend in each of the last 10 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
Where does SteadyShares get its HWM data?
Fundamentals for HWM come from company filings and exchange data, as listed on NYSE; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 13 Aug 2026, 18:16 UTC and is delayed. Metrics we do not hold are left out of the page rather than estimated.
The full research page for HWM, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.