Howmet Aerospace Inc. (HWM), based in Pittsburgh, Pennsylvania, with a market cap of $34.1 billion, operates in the aerospace and transportation industries, providing advanced engineered solutions worldwide. The company functions through four segments: Engine Products; Fastening Systems; Engineered Structures; and Forged Wheels.
Shares of Howmet Aerospace have significantly outperformed the broader market over the past 52 weeks. HWM has gained 86.2% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 26.6%. Moreover, in 2024, shares of HWM are up 54.2%, easily dwarfing SPX's 11.3% gains on a YTD basis.
