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Howmet Aerospace Inc - HWM STOCK NEWS

Welcome to our dedicated page for Howmet Aerospace news (Ticker: HWM), a resource for investors and traders seeking the latest updates and insights on Howmet Aerospace stock.

Howmet Aerospace Inc., headquartered in Pittsburgh, Pennsylvania, is a leading global provider of advanced engineered solutions for the aerospace and transportation industries. The company's primary businesses focus on jet engine components, aerospace fastening systems, and titanium structural parts essential for mission-critical performance and efficiency in aerospace and defense applications. Additionally, Howmet manufactures forged wheels for commercial transportation, which further showcases its diverse capabilities.

Howmet operates in four distinct segments: Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels. These segments are dedicated to producing innovative products such as airfoils with cooling and coatings for extreme temperature applications, fasteners for lightweight composite airframe construction, and lightweight aluminum commercial wheels. These advancements contribute to the development of lighter, more fuel-efficient aircraft that operate with a lower carbon footprint.

With nearly 1,150 granted and pending patents, Howmet's technologies ensure its products remain at the forefront of the industry. The company's commitment to innovation and quality is evident in its continuous efforts to create solutions that meet the evolving needs of its customers.

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Howmet Aerospace reported strong financial results for the third quarter of 2023, with a 16% increase in revenue year over year. Net income was $188 million, up from $80 million in the same quarter last year. The company also announced a $200 million debt redemption, $25 million in share repurchases, and an increased common stock dividend. Full year 2023 guidance was raised, and preliminary revenue growth guidance for 2024 is approximately 7%.
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Howmet Aerospace Inc. (NYSE: HWM) will announce its Q3 2023 financial results on November 2, 2023.
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Howmet Aerospace Inc. announces the election of Gunner Smith as an independent director on the Board, effective September 29, 2023.
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Howmet Aerospace increases quarterly dividend by 25% to 5 cents per share.
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Howmet Aerospace Inc. executives to speak at Jefferies 2023 Industrials Conference
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Howmet Aerospace (NYSE:HWM): Second Quarter 2023 Revenue Up 18%; Net income of $193 million, up from $147 million in Q2 2022; Guidance for Q3 & FY 2023 Increased; $100M Stock Repurchases; $200M Debt Redemption; Plans to Increase Dividend in Q4 2023
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FAQ

What is the current stock price of Howmet Aerospace (HWM)?

The current stock price of Howmet Aerospace (HWM) is $129.83 as of February 21, 2025.

What is the market cap of Howmet Aerospace (HWM)?

The market cap of Howmet Aerospace (HWM) is approximately 56.1B.

What does Howmet Aerospace Inc. specialize in?

Howmet Aerospace specializes in jet engine components, aerospace fastening systems, titanium structural parts, and forged wheels for commercial transportation.

Where is Howmet Aerospace Inc. headquartered?

Howmet Aerospace Inc. is headquartered in Pittsburgh, Pennsylvania.

What are the main business segments of Howmet Aerospace Inc.?

Howmet Aerospace Inc. operates in four segments: Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels.

How many patents does Howmet Aerospace Inc. hold?

Howmet Aerospace Inc. holds nearly 1,150 granted and pending patents.

What markets does Howmet Aerospace Inc. serve?

Howmet Aerospace Inc. serves the aerospace, commercial transportation, and industrial markets.

How does Howmet Aerospace Inc. contribute to making aircraft more fuel-efficient?

Howmet Aerospace Inc. provides technologies that enable lighter, more fuel-efficient aircraft with lower carbon footprints through advanced engineering and innovative products.

What are some examples of products offered by Howmet Aerospace Inc.?

Some products include airfoils with cooling and coatings for extreme temperatures, specially designed fasteners, and lightweight aluminum wheels.

In which industries are Howmet Aerospace Inc.'s products primarily used?

Howmet Aerospace's products are primarily used in aerospace, commercial transportation, and industrial markets.

What are the core values of Howmet Aerospace Inc.?

Howmet Aerospace Inc. is committed to innovation, quality, and providing advanced engineered solutions to meet customer needs.

How does Howmet Aerospace Inc. stay ahead in its industry?

By continuously innovating and securing patents for new technologies, Howmet Aerospace Inc. ensures that its products lead in performance and efficiency in the aerospace and transportation sectors.
Howmet Aerospace Inc

NYSE:HWM

HWM Rankings

HWM Stock Data

56.07B
400.04M
1.06%
93.5%
2.25%
Aerospace & Defense
Rolling Drawing & Extruding of Nonferrous Metals
Link
United States
PITTSBURGH