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)
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
10-Q
2023 Q3
Quarterly report
2 Nov 23
8-K
Third Quarter Revenue Up 16% Year Over Year; Strong Profit and Cash Generation
2 Nov 23
8-K
Howmet Aerospace Elects Gunner Smith to Board of Directors
29 Sep 23
8-K
Other Events
28 Sep 23
S-3ASR
Automatic shelf registration
21 Aug 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
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
4
LOLA FELICE LIN
20 Feb 24
4
Ken Giacobbe
20 Feb 24
4
MICHAEL NIEM CHANATRY
20 Feb 24
SC 13G/A
VANGUARD GROUP INC
13 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 | |||||
Cost of revenue | |||||
Operating income | |||||
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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) | 221.44 mm | 14.46 mm | n/a | n/a | n/a | n/a |
Cash remaining | 203.56 mm | 410.54 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 5.5 | 169.9 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
92.6% 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 |
---|---|---|---|---|---|---|---|---|---|---|
4 Mar 24 | Marchuk Neil Edward | Common Stock | Sell | Dispose S | No | No | 67.4416 | 45,000 | 3.03 mm | 229,568 |
29 Feb 24 | Michael Niem Chanatry | Phantom Stock Units Common Stock | Grant | Acquire A | No | No | 66.58 | 361 | 24.04 k | 52,714 |
15 Feb 24 | Giacobbe Ken | Common Stock | Grant | Acquire A | No | No | 0 | 11,380 | 0.00 | 345,915 |
15 Feb 24 | Marchuk Neil Edward | Common Stock | Grant | Acquire A | No | No | 0 | 13,277 | 0.00 | 274,568 |
15 Feb 24 | Barbara Lou Shultz | Common Stock | Grant | Acquire A | No | No | 0 | 1,383 | 0.00 | 21,444 |
News
Here's How Much $1000 Invested In Howmet Aerospace 5 Years Ago Would Be Worth Today
25 Mar 24
RBC Capital Initiates Coverage On Howmet Aerospace with Outperform Rating, Announces Price Target of $75
18 Mar 24
$1000 Invested In Howmet Aerospace 5 Years Ago Would Be Worth This Much Today
12 Mar 24
If You Invested $100 In This Stock 5 Years Ago, You Would Have $500 Today
22 Feb 24
Looking Into Howmet Aerospace's Recent Short Interest
21 Feb 24
Press releases
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
Howmet Aerospace to Host Webcast and Announce Fourth Quarter 2023 and Full Year 2023 Results
16 Jan 24