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 necessary for mission-critical performance and efficiency in aerospace and defense applications, as well as forged wheels for commercial transportation. with nearly 1,150 granted and pending patents, the company’s differentiated technologies enable lighter, more fuel-efficient aircraft to operate with a lower carbon footprint.
Company profile
Ticker
HWM, HWM-P
Exchange
Website
CEO
John C. Plant
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
ALCOA INC, ALCOA INC., ALUMINUM CO OF AMERICA, Arconic Inc.
SEC CIK
Corporate docs
Subsidiaries
Howmet Domestic LLC • Howmet Securities LLC • Howmet International Inc. • Howmet Holdings Corporation • Howmet Castings & Services, Inc. • Howmet Corporation • Howmet International Holding Company LLC • Howmet Holdings Limited • Howmet-Köfém Kft • Howmet Global Treasury Services S.a.r.l. ...
IRS number
250317820
HWM stock data
Latest filings (excl ownership)
8-K
Regulation FD Disclosure
8 Apr 24
ARS
2023 FY
Annual report to shareholders
8 Apr 24
DEFA14A
Additional proxy soliciting materials
8 Apr 24
DEF 14A
Definitive proxy
8 Apr 24
8-K
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
4 Apr 24
10-K
2023 FY
Annual report
13 Feb 24
8-K
Results of Operations and Financial Condition
13 Feb 24
8-K
Other Events
28 Dec 23
8-K
Other Events
15 Dec 23
8-K
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
27 Nov 23
Transcripts
HWM
Earnings call transcript
2023 Q4
13 Feb 24
HWM
Earnings call transcript
2023 Q3
2 Nov 23
HWM
Earnings call transcript
2023 Q2
1 Aug 23
HWM
Earnings call transcript
2023 Q1
2 May 23
HWM
Earnings call transcript
2022 Q4
14 Feb 23
HWM
Earnings call transcript
2022 Q3
31 Oct 22
HWM
Earnings call transcript
2022 Q2
4 Aug 22
HWM
Earnings call transcript
2022 Q1
3 May 22
HWM
Earnings call transcript
2021 Q4
2 Feb 22
HWM
Earnings call transcript
2021 Q3
4 Nov 21
Latest ownership filings
4
MICHAEL NIEM CHANATRY
16 Apr 24
4
JOSEPH S CANTIE
4 Apr 24
4
ROBERT F LEDUC
4 Apr 24
4
MICHAEL NIEM CHANATRY
1 Apr 24
4
Neil Edward Marchuk
4 Mar 24
144
Notice of proposed sale of securities
4 Mar 24
4
MICHAEL NIEM CHANATRY
1 Mar 24
4
JOHN C PLANT
20 Feb 24
4
Neil Edward Marchuk
20 Feb 24
4
Barbara Lou Shultz
20 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 425.00 mm | 425.00 mm | 425.00 mm | 425.00 mm | 425.00 mm | 425.00 mm |
Cash burn (monthly) | 37.00 mm | 2.42 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 245.84 mm | 16.06 mm | n/a | n/a | n/a | n/a |
Cash remaining | 179.16 mm | 408.94 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 4.8 | 169.2 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
93.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 598 |
Opened positions | 77 |
Closed positions | 59 |
Increased positions | 234 |
Reduced positions | 182 |
13F shares | Current |
---|---|
Total value | 16.71 tn |
Total shares | 379.93 mm |
Total puts | 441.00 k |
Total calls | 424.90 k |
Total put/call ratio | 1.0 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 43.97 mm | $2.03 tn |
BLK Blackrock | 37.52 mm | $1.74 tn |
Massachusetts Financial Services | 23.51 mm | $1.09 tn |
JHG Janus Henderson | 18.83 mm | $870.76 bn |
Orbis Investment Management | 18.49 mm | $0.00 |
STT State Street | 16.62 mm | $768.70 bn |
Boston Partners | 16.01 mm | $739.48 bn |
FMR | 15.09 mm | $697.73 bn |
JPM JPMorgan Chase & Co. | 13.24 mm | $612.31 bn |
IVZ Invesco | 9.11 mm | $421.21 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Apr 24 | Michael Niem Chanatry | Common Stock | Grant | Acquire A | No | No | 0 | 25,000 | 0.00 | 173,457 |
2 Apr 24 | Leduc Robert F | Common Stock | Grant | Acquire A | No | No | 65.26 | 201 | 13.12 k | 31,662 |
2 Apr 24 | Joseph S Cantie | Common Stock | Grant | Acquire A | No | No | 65.26 | 459 | 29.95 k | 38,330 |
29 Mar 24 | Michael Niem Chanatry | Phantom Stock Units Common Stock | Grant | Acquire A | No | No | 68.375 | 154 | 10.53 k | 52,849 |
4 Mar 24 | Marchuk Neil Edward | Common Stock | Sell | Dispose S | No | No | 67.4416 | 45,000 | 3.03 mm | 229,568 |
News
Goldman Sachs Maintains Buy on Howmet Aerospace, Raises Price Target to $77
16 Apr 24
$1000 Invested In This Stock 5 Years Ago Would Be Worth $4,100 Today
10 Apr 24
Looking Into Howmet Aerospace's Recent Short Interest
8 Apr 24
Baird Maintains Outperform on Howmet Aerospace, Raises Price Target to $74
8 Apr 24
Here's How Much $1000 Invested In Howmet Aerospace 5 Years Ago Would Be Worth Today
25 Mar 24
Press releases
Howmet Aerospace to Host Webcast and Announce First Quarter 2024 Results
10 Apr 24
Howmet Aerospace Announces Leadership Appointment
25 Mar 24
Howmet Aerospace Reports Fourth Quarter and Full Year 2023 Results
13 Feb 24
Howmet Aerospace to Present at Barclays Industrial Select Conference
7 Feb 24
Howmet Aerospace Board Approves Common and Preferred Stock Dividends
25 Jan 24