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With a market cap of $83 billion, Howmet Aerospace Inc. (HWM) is a leading global provider of advanced engineered solutions for the aerospace and transportation industries. Operating through four key segments: Engine Products; Fastening Systems; Engineered Structures; and Forged Wheels, the company serves customers worldwide with high-performance components and systems.
Shares of the Pittsburgh, Pennsylvania-based company have significantly outperformed the broader market over the past 52 weeks. HWM stock has surged 103.6% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 17.7%. In addition, shares of the company are up 88.3% on a YTD basis, compared to SPX’s 16.3% gain.