5,549 Shares in Huntington Ingalls Industries, Inc. $HII Bought by Landscape Capital Management L.L.C.

Key Points

• Landscape Capital Management acquired 5,549 shares of Huntington Ingalls Industries, valued at approximately $1.1 million, during the first quarter.
• Several firms, including TD Cowen and Goldman Sachs, have recently raised their price targets for Huntington Ingalls Industries, with an average target now set at $267.00.
• The company reported a quarterly earnings per share (EPS) of $3.86, exceeding expectations, and announced a quarterly dividend of $1.35 to be paid on September 12th.

Landscape Capital Management L.L.C. bought a new position in Huntington Ingalls Industries, Inc. (NYSE:HII - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 5,549 shares of the aerospace company's stock, valued at approximately $1,132,000.

Several other institutional investors also recently made changes to their positions in HII. Sentry Investment Management LLC acquired a new position in Huntington Ingalls Industries during the 1st quarter valued at approximately $26,000. HM Payson & Co. boosted its holdings in shares of Huntington Ingalls Industries by 71.9% during the first quarter. HM Payson & Co. now owns 153 shares of the aerospace company's stock valued at $31,000 after acquiring an additional 64 shares during the period. Park Square Financial Group LLC acquired a new stake in shares of Huntington Ingalls Industries in the 1st quarter worth about $31,000. Raiffeisen Bank International AG acquired a new stake in shares of Huntington Ingalls Industries in the 4th quarter worth about $36,000. Finally, Grove Bank & Trust acquired a new position in Huntington Ingalls Industries during the 1st quarter valued at about $61,000. 90.46% of the stock is owned by institutional investors.

Analysts Set New Price Targets

HII has been the topic of a number of recent analyst reports. Zacks Research cut Huntington Ingalls Industries from a "strong-buy" rating to a "hold" rating in a report on Thursday, August 14th. Barclays lifted their price objective on shares of Huntington Ingalls Industries from $235.00 to $295.00 and gave the company an "equal weight" rating in a research note on Monday, August 4th. Alembic Global Advisors upgraded shares of Huntington Ingalls Industries from a "neutral" rating to an "overweight" rating and set a $265.00 target price for the company in a research report on Thursday, May 15th. TD Cowen upgraded shares of Huntington Ingalls Industries from a "hold" rating to a "buy" rating and boosted their price target for the stock from $250.00 to $300.00 in a research report on Thursday, July 10th. Finally, Bank of America upped their price target on shares of Huntington Ingalls Industries from $180.00 to $260.00 and gave the stock an "underperform" rating in a research note on Wednesday, August 13th. Three investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, Huntington Ingalls Industries presently has a consensus rating of "Hold" and a consensus price target of $267.00.

Huntington Ingalls Industries Trading Down 0.3%

HII stock traded down $0.68 during mid-day trading on Wednesday, reaching $269.03. 200,173 shares of the stock traded hands, compared to its average volume of 620,919. Huntington Ingalls Industries, Inc. has a 52-week low of $158.88 and a 52-week high of $293.14. The stock's fifty day moving average is $260.82 and its 200-day moving average is $228.36. The company has a market cap of $10.56 billion, a P/E ratio of 20.14, a P/E/G ratio of 1.55 and a beta of 0.40. The company has a current ratio of 1.08, a quick ratio of 1.00 and a debt-to-equity ratio of 0.55.

Huntington Ingalls Industries (NYSE:HII - Get Free Report) last released its earnings results on Thursday, July 31st. The aerospace company reported $3.86 earnings per share for the quarter, topping the consensus estimate of $3.23 by $0.63. Huntington Ingalls Industries had a net margin of 4.54% and a return on equity of 11.34%. The business had revenue of $3.08 billion for the quarter, compared to the consensus estimate of $2.94 billion. During the same period last year, the firm posted $4.38 earnings per share. The firm's quarterly revenue was up 3.5% compared to the same quarter last year. Huntington Ingalls Industries has set its FY 2025 guidance at EPS. As a group, sell-side analysts expect that Huntington Ingalls Industries, Inc. will post 13.99 earnings per share for the current year.

Huntington Ingalls Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 12th. Shareholders of record on Friday, August 29th will be given a dividend of $1.35 per share. The ex-dividend date is Friday, August 29th. This represents a $5.40 dividend on an annualized basis and a yield of 2.0%. Huntington Ingalls Industries's dividend payout ratio (DPR) is presently 40.42%.

Huntington Ingalls Industries Company Profile

Huntington Ingalls Industries, Inc designs, builds, overhauls, and repairs military ships in the United States. It operates through three segments: Ingalls, Newport News, and Mission Technologies. The company is involved in the design and construction of non-nuclear ships comprising amphibious assault ships; expeditionary warfare ships; surface combatants; and national security cutters for the U.S.