HWM

PITTSBURGH, Oct. 14, 2026 /PRNewswire/ -- The Board of Directors of Howmet Aerospace Inc. (NYSE: HWM) declared a dividend of 14 cents per share on the outstanding Common Stock of the Company, to be paid on November 25, 2026, to the holders of record of the Common Stock at the close of business on November 6, 2026. About Howmet Aerospace Howmet Aerospace Inc., headquartered in Pittsburgh, Pennsylvania, is a leading global provider of advanced engineered solutions for the aerospace, gas turbine and transportation industries.

Howmet Aerospace (HWM) benefits from robust commercial aerospace recovery and surging AI-driven electricity demand, underpinning multi-year growth visibility. HWM's precision-engineered, high-temperature components and deep economic moat secure recurring, high-margin aftermarket revenues and strong customer retention. Recent market pullback, driven by overblown new entrant fears, presents a compelling buy opportunity given HWM's irreplaceable technical expertise and regulatory barriers.

Howmet Aerospace Inc. HWM has been benefiting from strong momentum in the commercial aerospace market. Following year-over-year growth of 20% in first-quarter 2026, revenues from the commercial aerospace market increased 28% in the second quarter.

Howmet delivered strong Q2 results, with 24% revenue growth, 21% organic growth, 39% adjusted EBITDA growth, and 46% adjusted EPS growth. Industrial gas turbines and commercial aerospace remain major growth drivers, while tight turbine capacity and long-term customer agreements support strong demand visibility. My DCF estimates intrinsic value at $120.69 per share, leaving Howmet trading about 87% above fair value despite aggressive free-cash-flow growth assumptions.

Howmet Aerospace Inc. HWM achieved a solid adjusted EBITDA of $817 million in the second quarter of 2026, which surged 39% year over year. The company's adjusted EBITDA margin reached 32.1%, reflecting an increase of 340 basis points (bps).

The latest trading day saw Howmet (HWM) settling at $222.75, representing a -3.82% change from its previous close.

The mean of analysts' price targets for Howmet (HWM) points to a 40.5% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Investors looking for stocks in the Aerospace - Defense sector might want to consider either Lockheed Martin (LMT) or Howmet (HWM). But which of these two stocks offers value investors a better bang for their buck right now?

HWM's strong aerospace demand, higher 2026 guidance and shareholder returns support growth, though high debt and a premium valuation remain concerns.

Here is how Howmet (HWM) and RTX (RTX) have performed compared to their sector so far this year.