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 1,200 granted and pending patents, the Company's differentiated technologies enable lighter, more fuel-efficient aircraft to operate with a lower carbon footprint. In 2019, the businesses of Howmet Aerospace reported annual revenue of over $7 billion.
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
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
23 Mar 23
8-K
Other Events
27 Feb 23
10-K
2022 FY
Annual report
14 Feb 23
8-K
Full Year 2022 Commercial Aerospace Revenue Up 28% year over year, Strong Profit and Cash Generation
14 Feb 23
8-K
Departure of Directors or Certain Officers
8 Dec 22
10-Q
2022 Q3
Quarterly report
31 Oct 22
8-K
Third Quarter 2022 Highlights
31 Oct 22
8-K
Other Events
11 Oct 22
S-8
Registration of securities for employees
4 Aug 22
S-8 POS
Registration of securities for employees (post-effective amendment)
4 Aug 22
Transcripts
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
HWM
Earnings call transcript
2021 Q2
4 Aug 21
HWM
Earnings call transcript
2021 Q1
6 May 21
HWM
Earnings call transcript
2020 Q4
3 Feb 21
HWM
Earnings call transcript
2020 Q3
9 Nov 20
Latest ownership filings
4/A
Ken Giacobbe
8 Mar 23
4
Neil Edward Marchuk
8 Mar 23
4
MICHAEL NIEM CHANATRY
2 Mar 23
4
Barbara Lou Shultz
24 Feb 23
SC 13D/A
Elliott Investment Management L.P.
23 Feb 23
4
Barbara Lou Shultz
21 Feb 23
4
Ken Giacobbe
21 Feb 23
4
Neil Edward Marchuk
21 Feb 23
4
LOLA FELICE LIN
21 Feb 23
4
MICHAEL NIEM CHANATRY
21 Feb 23
Financial summary
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| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Institutional ownership, Q4 2022
95.9% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 523 |
| Opened positions | 86 |
| Closed positions | 70 |
| Increased positions | 165 |
| Reduced positions | 170 |
| 13F shares | Current |
|---|---|
| Total value | 14.78 tn |
| Total shares | 395.30 mm |
| Total puts | 657.65 k |
| Total calls | 1.34 mm |
| Total put/call ratio | 0.5 |
| Largest owners | Shares | Value |
|---|---|---|
| Vanguard | 42.51 mm | $1.68 tn |
| BLK Blackrock | 41.70 mm | $1.64 tn |
| Elliott Investment Management | 34.69 mm | $1.37 tn |
| Boston Partners | 20.94 mm | $825.87 bn |
| JHG Janus Henderson | 18.71 mm | $737.25 bn |
| Orbis Investment Management | 18.49 mm | $0.00 |
| Massachusetts Financial Services | 18.49 mm | $728.51 bn |
| STT State Street | 16.61 mm | $654.73 bn |
| Orbis Allan Gray | 11.64 mm | $458.84 bn |
| FMR | 11.38 mm | $448.33 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 6 Mar 23 | Marchuk Neil Edward | Common Stock | Sell | Dispose S | No | No | 43.6066 | 57,000 | 2.49 mm | 286,751 |
| 28 Feb 23 | Michael Niem Chanatry | Phantom Stock Units Common Stock | Grant | Acquire A | No | No | 43.135 | 6,375 | 274.99 k | 49,796 |
| 23 Feb 23 | Barbara Lou Shultz | Common Stock | Sell | Dispose S | No | No | 42.1607 | 4,627 | 195.08 k | 20,542 |
| 23 Feb 23 | Barbara Lou Shultz | Common Stock | Option exercise | Acquire M | No | No | 23.86 | 4,627 | 110.40 k | 25,169 |
| 23 Feb 23 | Barbara Lou Shultz | Employee Stock Option Common Stock | Option exercise | Dispose M | No | No | 23.86 | 4,627 | 110.40 k | 0 |
| 16 Feb 23 | Lola Felice Lin | Common Stock | Grant | Acquire A | No | No | 0 | 11,176 | 0.00 | 43,796 |
| 16 Feb 23 | Michael Niem Chanatry | Common Stock | Grant | Acquire A | No | No | 0 | 5,588 | 0.00 | 127,158 |
News
Where Howmet Aerospace Stands With Analysts
22 Mar 23
Benzinga's Top Ratings Upgrades, Downgrades For March 22, 2023
22 Mar 23
Wells Fargo Maintains Overweight on Howmet Aerospace, Lowers Price Target to $48
22 Mar 23
Jefferies Initiates Coverage On Howmet Aerospace with Buy Rating, Announces Price Target of $50
22 Mar 23
Apollo Weighs Scooping Aerospace-Parts Maker Arconic Again
1 Mar 23
Press releases
Howmet Aerospace Reports Fourth Quarter and Full Year 2022 Results
14 Feb 23
Howmet Aerospace to Present at Barclays Industrial Select Conference
8 Feb 23
Howmet Aerospace Board Approves Common and Preferred Stock Dividends
27 Jan 23
Howmet Aerospace to Host Webcast and Announce Fourth Quarter 2022 and Full Year 2022 Results
13 Jan 23