Date | Price Target | Rating | Analyst |
---|---|---|---|
6/26/2024 | $95.00 | Buy | BTIG Research |
3/18/2024 | $75.00 | Outperform | RBC Capital Mkts |
1/10/2024 | $47.00 → $74.00 | Hold → Buy | Truist |
1/5/2024 | $67.00 | Outperform | Bernstein |
10/11/2023 | $51.00 | Neutral | UBS |
10/5/2023 | Neutral | Northcoast | |
9/28/2023 | $59.00 | Buy | Deutsche Bank |
7/25/2023 | $61.00 | Outperform | Robert W. Baird |
The Board of Directors of Howmet Aerospace Inc. (NYSE:HWM) declared a dividend of 8 cents per share on the outstanding Common Stock of the Company, to be paid on November 25, 2024 to the holders of record of the Common Stock at the close of business on November 8, 2024. About Howmet Aerospace 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 airframe structural components necessary for mission-critical performance and efficiency in aerospace and defense applications, a
Howmet Aerospace Inc. ("Howmet Aerospace" or the "Company") (NYSE:HWM) today announced the launch of a proposed offering of notes (the "Notes"). The timing of pricing and terms of the Notes are subject to market conditions and other factors. The Company intends to use the net proceeds from the offering, together with cash on hand, for the redemption of all of the outstanding principal amount of approximately $577 million of its 6.875% Notes due 2025. J.P. Morgan Securities LLC, Citigroup Global Markets Inc., Morgan Stanley & Co. LLC and SMBC Nikko Securities America, Inc. are acting as joint book-running managers for the offering. This press release does not constitute an offer to sel
Record Quarterly Revenue, Up 14% Year Over Year; Record Operating Income, Strong Cash Generation Common Stock Repurchase Authorization Increased by $2 Billion to $2.487 Billion Third Quarter 2024 Common Stock Dividend 60% Higher; 2025 Dividend Policy Payout Ratio 15% +/- 5%1 Full Year 2024 Guidance Raised for All Metrics Above Second Quarter 2024 Beat Howmet Aerospace (NYSE:HWM): Second Quarter 2024 GAAP Financial Results Revenue of $1.88 billion, up 14% year over year, driven by commercial aerospace, up 27% Net income of $266 million versus $193 million in the second quarter 2023; earnings per share of $0.65 versus $0.46 in the second quarter 2023 Operating income margin
BTIG Research initiated coverage of Howmet Aerospace with a rating of Buy and set a new price target of $95.00
RBC Capital Mkts initiated coverage of Howmet Aerospace with a rating of Outperform and set a new price target of $75.00
Truist upgraded Howmet Aerospace from Hold to Buy and set a new price target of $74.00 from $47.00 previously
8-K - Howmet Aerospace Inc. (0000004281) (Filer)
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8-K - Howmet Aerospace Inc. (0000004281) (Filer)
SC 13G/A - Howmet Aerospace Inc. (0000004281) (Subject)
SC 13G - Howmet Aerospace Inc. (0000004281) (Subject)
SC 13D/A - Howmet Aerospace Inc. (0000004281) (Subject)
The Board of Directors of Howmet Aerospace Inc. (NYSE:HWM) declared a dividend of 8 cents per share on the outstanding Common Stock of the Company, to be paid on November 25, 2024 to the holders of record of the Common Stock at the close of business on November 8, 2024. About Howmet Aerospace 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 airframe structural components necessary for mission-critical performance and efficiency in aerospace and defense applications, a
Howmet Aerospace Inc. (NYSE:HWM) announced today that John C. Plant, Chairman and Chief Executive Officer, and Ken Giacobbe, Executive Vice President and Chief Financial Officer, will speak at the Jefferies Industrials Conference on Thursday, September 5, 2024, at 10:25 AM ET. A real-time webcast of the event will be available on the "Investors/Events and Presentations" section of www.howmet.com, where a webcast replay will be available for 90 days following the presentation. About Howmet Aerospace Howmet Aerospace Inc., headquartered in Pittsburgh, Pennsylvania, is a leading global provider of advanced engineered solutions for the aerospace and transportation industries. The Company'
Howmet Aerospace Inc. ("Howmet Aerospace" or the "Company") (NYSE:HWM) today announced that it has priced its underwritten public offering of $500 million aggregate principal amount of its 4.850% Notes due 2031 (the "Notes"). The offering is expected to close on August 22, 2024, subject to customary closing conditions. The Company intends to use the net proceeds from the offering, together with cash on hand, for the redemption of all of the outstanding principal amount of approximately $577 million of its 6.875% Notes due 2025. J.P. Morgan Securities LLC, Citigroup Global Markets Inc., Morgan Stanley & Co. LLC and SMBC Nikko Securities America, Inc. are acting as joint book-running mana
4 - Howmet Aerospace Inc. (0000004281) (Issuer)
4 - Howmet Aerospace Inc. (0000004281) (Issuer)
4 - Howmet Aerospace Inc. (0000004281) (Issuer)
PITTSBURGH--(BUSINESS WIRE)--Howmet Aerospace Inc. (NYSE:HWM) announces that its Board of Directors has elected Sharon Barner, Vice-President, Chief Legal Officer and Corporate Secretary for Cummins Inc., to serve as an independent director on the Board, effective April 1, 2021. “Sharon brings to the Howmet Board extensive business and legal perspectives that will be complementary to our current board and which are highly valued in our evolving, competitive environment,” said John C. Plant, Chairman and Co-Chief Executive Officer. Ms. Barner has more than 30 years of experience as an international business leader and lawyer in the technology, automotive and life sciences industrie
Howmet Aerospace's (NYSE:HWM) short percent of float has risen 16.29% since its last report. The company recently reported that it has 11.04 million shares sold short, which is 3.07% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.93 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short inter
Benchmark analyst Josh Sullivan maintains Howmet Aerospace (NYSE:HWM) with a Buy and raises the price target from $53 to $85.