HII FY2027 EPS Estimate Lifted by Alembic Global Advisors

Huntington Ingalls Industries, Inc. (NYSE:HII) – Investment analysts at Alembic Global Advisors increased their FY2027 earnings estimates for Huntington Ingalls Industries in a research note issued to investors on Monday, August 17th. Alembic Global Advisors analyst P. Skibitski now expects that the aerospace company will post earnings of $20.56 per share for the year, up from their prior forecast of $20.03. The consensus estimate for Huntington Ingalls Industries’ current full-year earnings is $18.19 per share.

Several other research analysts have also recently weighed in on HII. Wall Street Zen cut shares of Huntington Ingalls Industries from a “buy” rating to a “hold” rating in a report on Monday, May 18th. Citigroup boosted their price objective on Huntington Ingalls Industries from $349.00 to $379.00 and gave the stock a “buy” rating in a report on Friday, July 31st. TD Cowen decreased their target price on Huntington Ingalls Industries from $420.00 to $360.00 and set a “buy” rating on the stock in a research report on Monday, July 13th. Wells Fargo & Company increased their target price on Huntington Ingalls Industries from $325.00 to $340.00 and gave the stock an “equal weight” rating in a research note on Tuesday, August 4th. Finally, Weiss Ratings cut Huntington Ingalls Industries from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday. Five research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, Huntington Ingalls Industries presently has an average rating of “Moderate Buy” and a consensus target price of $378.88.

Huntington Ingalls Industries Stock Performance

Shares of HII stock opened at $318.25 on Wednesday. The company has a market capitalization of $12.54 billion, a price-to-earnings ratio of 18.97, a PEG ratio of 1.25 and a beta of 0.24. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.14 and a current ratio of 1.23. The company has a 50-day simple moving average of $295.82 and a 200 day simple moving average of $350.75. Huntington Ingalls Industries has a 52 week low of $262.66 and a 52 week high of $460.00.

Huntington Ingalls Industries (NYSE:HII) last released its quarterly earnings data on Thursday, July 30th. The aerospace company reported $5.27 EPS for the quarter, beating the consensus estimate of $3.79 by $1.48. The firm had revenue of $3.42 billion for the quarter, compared to the consensus estimate of $3.15 billion. Huntington Ingalls Industries had a net margin of 5.01% and a return on equity of 12.89%. The company’s quarterly revenue was up 10.9% on a year-over-year basis. During the same period in the previous year, the company earned $3.86 earnings per share.

Huntington Ingalls Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 11th. Investors of record on Friday, August 28th will be given a dividend of $1.38 per share. This represents a $5.52 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend is Friday, August 28th. Huntington Ingalls Industries’s dividend payout ratio (DPR) is currently 32.90%.

Insider Activity

In other Huntington Ingalls Industries news, VP Edmond E. Jr. Hughes sold 3,500 shares of the stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $319.58, for a total transaction of $1,118,530.00. Following the transaction, the vice president owned 8,391 shares in the company, valued at $2,681,595.78. This represents a 29.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Christopher D. Kastner sold 13,070 shares of the firm’s stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $324.92, for a total transaction of $4,246,704.40. Following the transaction, the chief executive officer directly owned 11,224 shares in the company, valued at $3,646,902.08. This represents a 53.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.80% of the stock is owned by insiders.

Institutional Investors Weigh In On Huntington Ingalls Industries

A number of large investors have recently added to or reduced their stakes in the stock. CYBER HORNET ETFs LLC bought a new position in Huntington Ingalls Industries during the 2nd quarter worth $25,000. Rakuten Securities Inc. lifted its position in shares of Huntington Ingalls Industries by 140.0% during the 2nd quarter. Rakuten Securities Inc. now owns 108 shares of the aerospace company’s stock valued at $26,000 after acquiring an additional 63 shares during the period. Bayban bought a new stake in shares of Huntington Ingalls Industries during the 1st quarter valued at $27,000. NBC Securities Inc. grew its holdings in shares of Huntington Ingalls Industries by 87.2% during the 4th quarter. NBC Securities Inc. now owns 88 shares of the aerospace company’s stock worth $30,000 after purchasing an additional 41 shares in the last quarter. Finally, Smartleaf Asset Management LLC grew its holdings in shares of Huntington Ingalls Industries by 363.3% during the 2nd quarter. Smartleaf Asset Management LLC now owns 139 shares of the aerospace company’s stock worth $33,000 after purchasing an additional 109 shares in the last quarter. Institutional investors and hedge funds own 90.46% of the company’s stock.

About Huntington Ingalls Industries

Huntington Ingalls Industries (NYSE: HII) is America’s largest military shipbuilding company and a leading provider of professional services to the U.S. government. Headquartered in Newport News, Virginia, HII designs, constructs and maintains nuclear-powered aircraft carriers, submarines and other complex vessels for the U.S. Navy. The company’s products include nuclear aircraft carriers, Virginia-class and Columbia-class submarines, as well as amphibious assault ships, destroyers and cutters.

Established in 2011 as a spin-off from Northrop Grumman’s shipbuilding operations, HII traces its heritage to two historic builders: Newport News Shipbuilding, founded in the 19th century, and Ingalls Shipbuilding, founded in 1938.