Howmet Aerospace Inc. (HWM)

In the past six months, Howmet Aerospace's stock has shown strong performance, with a significant increase of 138.27% over the last year as of July 17, 2025, reaching an all-time high of $191.61 USD on July 17, 2025. The company reported robust financial results, with Q1 2025 revenues increasing 6% year-over-year, and earnings per share jumping 42% to $0.84. Howmet Aerospace provided optimistic earnings guidance for Q2 2025 and preliminary revenue growth guidance for 2024, raising its 2025 adjusted EPS outlook. The commercial aerospace market has been a strong driver, with revenue increasing 9% year-over-year in Q1 2025. An expanding defense budget also remains a key catalyst for Howmet. The company has engaged in aggressive share buybacks and doubled its dividend. Howmet Aerospace Inc. was dropped from the Russell Midcap Value Index on June 30 and the Russell 1000 Value Index on June 29. A director resigned on May 10, 2025, with no disagreement cited.

The demand for Howmet Aerospace's products and services is significantly influenced by the cyclical nature of the aerospace industry and broader economic conditions. The commercial aerospace sector is a primary growth driver, experiencing a strong rebound as air travel recovers and airlines modernize their fleets. Demand in the defense aerospace market is projected to increase, and an expanding defense budget remains a key catalyst for Howmet. The increasing demand for industrial gas turbines is expected to boost Howmet's Engine Products segment. The commercial transportation market is expected to recover in the second half of 2025.

Howmet Aerospace, Inc. is a global provider of advanced engineered solutions primarily for the aerospace and transportation industries. The company operates within the Capital Goods sector, specifically in the Aerospace & Defense industry, specializing in manufacturing high-performance components and systems. Howmet Aerospace's business is structured into four main segments: Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels. The Engine Products segment produces investment castings, including airfoils and seamless rolled rings, primarily for aircraft engines and industrial gas turbines, and also offers rotating and structural parts. The Fastening Systems segment produces aerospace fastening systems, as well as commercial transportation, industrial, and other fasteners, and also provides latches, bearings, fluid fittings, and installation tools. The Engineered Structures segment includes titanium ingots and mill products for aerospace and defense applications and is vertically integrated to produce titanium forgings, extrusions, forming, and machining services. The Forged Wheels segment provides forged aluminum wheels and related products for heavy-duty trucks, trailers, and buses globally. Howmet Aerospace's products are designed to enable lighter, more fuel-efficient aircraft and commercial vehicles, and support sustainable power generation.

Howmet Aerospace has a significant global presence, operating 25 manufacturing facilities worldwide, with a total manufacturing footprint of approximately 5.5 million square feet. The company has an operational presence in about 20 countries, providing advanced engineered solutions to customers in various international locations. In 2024, North America accounted for approximately 45% of Howmet Aerospace Inc.'s total revenue, followed by Europe at 30%, and Asia at 10%.

Howmet Aerospace Inc. maintains a strong brand reputation, particularly within the aerospace industry, where it is recognized for its engineering solutions and advanced manufacturing capabilities. The company's success is attributed to its commitment to innovation, quality, and customer satisfaction. Howmet Aerospace has been seen as a critical supplier of essential aircraft components, benefiting from high barriers to entry and surging demand from major aerospace manufacturers. No specific negative events significantly impacting Howmet Aerospace's brand reputation in the past year were found.

Howmet Aerospace is predominantly owned by institutional shareholders, with approximately 91.07% of the company's stock held by them. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., and JPMorgan Chase & Co. Elliott International LP is noted as the largest individual Howmet Aerospace shareholder, owning 29.90 million shares, representing 7.41% of the company.