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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.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Howmet Aerospace's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Howmet Aerospace's position in the market.

Rhea-AI Summary
Howmet Aerospace (HWM) responds to Lockheed Martin's lawsuit regarding the F-35 Program, denying allegations and emphasizing compliance with contractual and regulatory obligations. Howmet supplies titanium products to Lockheed Martin and other customers, facing challenges due to reduced global titanium sponge supply and increased prices. Despite these challenges, Howmet continues to supply the F-35 Program and its customers.
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Howmet Aerospace (NYSE:HWM) Declares Dividend of 93.75 Cents per Share for Class A Stock
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-0.12%
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dividends
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Rhea-AI Summary
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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7.89%
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Howmet Aerospace Inc. (NYSE: HWM) will announce its Q3 2023 financial results on November 2, 2023.
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-2.19%
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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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-0.49%
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management
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Howmet Aerospace increases quarterly dividend by 25% to 5 cents per share.
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-0.49%
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dividends
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Howmet Aerospace Inc. executives to speak at Jefferies 2023 Industrials Conference
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0.12%
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Rhea-AI Summary
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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-4.2%
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0.92%
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Howmet Aerospace Inc.

NYSE:HWM

HWM Rankings

HWM Stock Data

32.22B
405.45M
1.04%
93.18%
1.82%
Alumina Refining and Primary Aluminum Production
Manufacturing
Link
United States of America
PITTSBURGH

About HWM

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.