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. (NYSE: HWM) is a Pittsburgh, Pennsylvania‑based manufacturer that focuses on advanced engineered solutions for the aerospace and transportation industries. Company news frequently highlights developments in its primary businesses: jet engine components, aerospace fastening systems, airframe structural components for aerospace and defense applications, and forged aluminum wheels for commercial transportation.
Investors following HWM news can expect regular updates on quarterly and annual financial results, including revenue trends and segment performance across Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels. Earnings releases often discuss demand in commercial and defense aerospace, industrial gas turbines and other industrial markets, as well as conditions in commercial transportation.
News flow also covers capital allocation and balance sheet actions, such as public offerings of senior notes, the redemption of existing debt, and the associated impact on interest expense. Press releases describe share repurchase activity, common and preferred stock dividends, and credit rating actions, providing insight into Howmet’s capital structure and financing decisions.
Another recurring theme in Howmet Aerospace news is strategic and corporate activity. Recent items include the announced agreement to acquire Consolidated Aerospace Manufacturing, LLC from Stanley Black & Decker, Inc., which the company describes as strengthening its portfolio of mission‑critical aerospace fastening solutions. Leadership and governance updates, such as executive appointments, retirements, and changes in key roles, are reported through Form 8‑K filings and accompanying releases.
For those tracking HWM, this news stream offers a centralized view of operating performance, strategic transactions, financing moves, and executive changes that shape Howmet Aerospace’s role in aerospace, defense, industrial, and commercial transportation markets.
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Howmet Aerospace (NYSE:HWM) announced that Vagner Finelli will join as President of Howmet Fastening Systems effective May 1, 2023. Vagner will oversee global operations of HFS and report to John Plant, CEO. He previously served as President and CEO at Sigma Engineered Solutions, focusing on metal castings and stampings across various industries. Vagner's experience includes leadership roles at Precision Castparts and Lear Corporation, where he progressed through multiple management positions. He holds a Bachelor's in Mechanical Engineering from São Paulo State University and an MBA from Michigan State University.
Howmet Aerospace is a leading provider of advanced solutions for aerospace, offering jet engine components and fastening systems that enhance performance and reduce carbon footprints with nearly 1,150 patents.
The Board of Directors of Howmet Aerospace (NYSE:HWM) has declared a dividend of 4 cents per share for its Common Stock, scheduled for payment on May 25, 2023, to shareholders on record as of May 5, 2023. Additionally, a dividend of 93.75 cents per share will be issued for its $3.75 Cumulative Preferred Stock, payable on July 1, 2023, to holders on record by June 9, 2023. Howmet Aerospace, based in Pittsburgh, Pennsylvania, specializes in engineered solutions for the aerospace and transportation industries, focusing on jet engine components and aerospace fastening systems. The company holds nearly 1,150 patents aimed at improving aircraft efficiency and reducing environmental impact.
Howmet Aerospace Inc. (NYSE:HWM) is set to announce its first quarter 2023 financial results on May 2, 2023, at approximately 7:00 AM ET. The press release and presentation materials will be accessible via the "Investors" section of the Howmet Aerospace website. A conference call and webcast will follow at 10:00 AM ET, led by John Plant, Executive Chairman and CEO, and Ken Giacobbe, Executive VP and CFO. Investors can join the call using U.S. toll-free: +1 (833) 630-1956 or International toll: +1 (412) 317-1837. A replay will be available until May 16, 2023, at 11:59 PM ET. For more details, visit www.howmet.com.
Howmet Aerospace (NYSE:HWM) reported robust financial results for Q4 and FY 2022, with significant revenue growth. Q4 2022 revenue reached $1.5 billion, an increase of 18% year over year, primarily boosted by a 29% rise in Commercial Aerospace. Net income for the quarter was $111 million or $0.26 per share, compared to $77 million in Q4 2021. For the full year, revenue totaled $5.7 billion, a 14% annual increase. The company also executed $400 million in share repurchases and $69 million in debt buybacks, and announced a $0.04 per share dividend. 2023 revenue guidance indicates growth of about 8%.
Howmet Aerospace Inc. (NYSE:HWM) announced that Chairman and CEO John C. Plant and CFO Ken Giacobbe will speak at the Barclays Industrial Select Conference on February 22, 2023, at 10:55 AM ET. A real-time audio webcast will be available on the company’s website, along with a replay for 30 days post-event. Based in Pittsburgh, Pennsylvania, Howmet Aerospace is a leader in advanced engineered solutions for aerospace and transportation, focusing on jet engine components and airframe structural components. The company holds nearly 1,150 patents aimed at enhancing fuel efficiency and reducing carbon footprints in aircraft and trucks.
The Board of Directors of Howmet Aerospace (NYSE:HWM) has declared a dividend of 4 cents per share on its Common Stock, payable on February 27, 2023, to shareholders on record as of February 10, 2023. Additionally, a dividend of 93.75 cents per share will be distributed on its $3.75 Cumulative Preferred Stock (Class A Stock) on April 1, 2023, to holders of record at close of business on March 10, 2023. This reflects the company's commitment to returning value to shareholders while supporting its operations in the aerospace and transportation sectors.
Howmet Aerospace Inc. (NYSE:HWM) will release its fourth quarter and full year 2022 financial results on February 14, 2023, at approximately 7:00 AM ET. The press release will be accessible in the ‘Investors’ section of the Howmet Aerospace website, and via its Twitter handle @HowmetAerospace. A conference call will follow on the same day at 10:00 AM ET, led by John Plant and Ken Giacobbe. Participants can join through U.S. Toll Free: +1 (833) 630-1956. For those unable to attend, a replay will be available until February 28, 2023.
Howmet Aerospace (NYSE:HWM) declared a dividend of 93.75 cents per share on its $3.75 Cumulative Preferred Stock, scheduled for payment on January 1, 2023. Shareholders registered by the close of business on December 9, 2022 will receive this dividend. The company, based in Pittsburgh, Pennsylvania, provides advanced engineered solutions for the aerospace and transportation sectors, focusing on jet engine components and aeronautical fastening systems.