Howmet Aerospace Inc. is considered neutral by UBS, indicating a cautious stance on the stock.
The company specializes in advanced engineered solutions for the aerospace and transportation sectors, operating through four main segments: engine products, fastening systems, engineered structures, and forged wheels.
The Engine Products segment focuses on innovative designs and techniques to support various engine programs, producing essential components for aircraft engines and industrial gas turbines.
The Fastening Systems segment manufactures fastening solutions for aerospace and industrial applications, including fasteners and installation tools for commercial transportation.
The Engineered Structures segment produces titanium ingots and mill products specifically for aerospace and defense, with a vertically integrated approach that includes titanium forgings, extrusions, and machining services for critical components such as airframes and landing gear.
The Forged Wheels segment produces aluminum forged wheels for trucks, buses, and trailers, serving the global commercial transportation market.