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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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The Board of Directors of Howmet Aerospace (NYSE:HWM) announced a dividend of 93.75 cents per share on its $3.75 Cumulative Preferred Stock. This dividend is set to be paid on July 1, 2022, to shareholders on record as of June 10, 2022.

Howmet Aerospace is a leading provider of engineered solutions for the aerospace industry, focusing on jet engine components and other crucial aerospace systems.

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Howmet Aerospace Inc. (NYSE:HWM) announced that Executive Chairman and CEO John C. Plant, along with Executive VP and CFO Ken Giacobbe, will speak at the 2022 UBS Global Industrials and Transportation Conference. The event is scheduled for Tuesday, June 7, 2022, at 11:20 AM ET. Investors can access a real-time audio webcast of the presentation via the Investors/Events section of www.howmet.com, with a replay available for 30 days post-event.

Howmet specializes in advanced engineered solutions for aerospace and transportation sectors.

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Howmet Aerospace Inc. (NYSE:HWM) will host its 2022 Annual Meeting of Shareholders on May 25, 2022, at 9:00 a.m. Eastern Time. The meeting will be held virtually, accessible via webcast. Shareholders of record as of March 29, 2022 can vote and submit questions using their control number. A replay of the meeting will be available from May 26, 2022, until March 1, 2023. Howmet Aerospace specializes in advanced engineered solutions for the aerospace and transportation sectors.

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Howmet Aerospace (NYSE:HWM) reported a strong first quarter in 2022 with $1.32 billion in revenue, reflecting a 10% year-over-year increase. Net income surged to $131 million, or $0.31 per share, compared to $80 million in Q1 2021. Adjusted EBITDA rose 9% to $300 million. The company generated $55 million in cash from operations, and initiated $175 million in share repurchases, positively impacting its adjusted EPS guidance for the full year.

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The Board of Directors of Howmet Aerospace (NYSE:HWM) has declared a dividend of 2 cents per share on its Common Stock, scheduled for payment on May 25, 2022. Shareholders of record as of May 6, 2022 will receive the dividend. Howmet Aerospace is a global leader in advanced engineered solutions for aerospace and transportation, focusing on components crucial for performance and efficiency. The company holds nearly 1,150 patents, promoting more fuel-efficient aircraft and lower carbon footprints.

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Howmet Aerospace Inc. (NYSE:HWM) will host a Technology Day on Monday, May 23, 2022, at 1:00 PM ET in New York. The event will provide insights into the company's advanced engineered solutions for the aerospace and transportation industries. Interested parties can access a detailed agenda and a live webcast on the Investors/Events and Presentations section of the Howmet Aerospace website. Howmet Aerospace is known for its innovations in jet engine components and aerospace fastening systems, with nearly 1,150 patents.

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Howmet Aerospace Inc. (NYSE:HWM) is set to release its first quarter 2022 financial results on May 3, 2022, at 7:00 AM ET. The press release will be accessible in the Investors section of the Howmet Aerospace website and via Twitter. Following this, a conference call will be held at 10:00 AM ET, led by Executive Chairman John Plant and CFO Ken Giacobbe. Interested parties can join by phone or via the webcast. A replay will be available until May 17, 2022.

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Howmet Aerospace (NYSE:HWM) released its 2021 Environmental, Social, and Governance (ESG) Report showcasing its sustainability commitments. Key highlights include a 6.2% decrease in GHG emissions and a target of 21.5% reduction by 2024. The Company funded 100 projects to support this goal, along with achieving zero fatalities among employees and contractors. Notably, 5.1 million BobTail® lockbolts were used in wind turbine assembly, contributing to reduced carbon emissions. The report aligns with GRI Standards and TCFD guidelines. Howmet aims for net-zero emissions by 2050.

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Howmet Aerospace Inc. (NYSE:HWM) will present at the J.P. Morgan 2022 Industrials Conference on March 15, 2022, at 3:00 PM ET. The event will feature Chairman and CEO John C. Plant and CFO Ken Giacobbe. A live audio webcast can be accessed on the company’s website, with a replay available for 30 days post-event.

Howmet Aerospace specializes in engineered solutions for aerospace and transportation, focusing on energy-efficient technologies with nearly 1,150 patents to enhance performance and reduce carbon footprints.

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The Board of Directors of Howmet Aerospace (NYSE:HWM) has declared a dividend of 93.75 cents per share on its $3.75 Cumulative Preferred Stock. This dividend is set to be paid on April 1, 2022, to shareholders who hold the stock as of March 11, 2022. Howmet Aerospace specializes in advanced engineered solutions for the aerospace and transportation industries, emphasizing sustainable and efficient technologies.

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FAQ

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

The current stock price of Howmet Aerospace (HWM) is $110.83 as of December 20, 2024.

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

The market cap of Howmet Aerospace (HWM) is approximately 44.4B.

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

44.43B
401.95M
1.06%
92.95%
1.92%
Aerospace & Defense
Rolling Drawing & Extruding of Nonferrous Metals
Link
United States of America
PITTSBURGH