Huntington Ingalls Industries, Inc. $HII Stock: CenterBook Partners LP Grows Holdings

Key Points

• CenterBook Partners increased its HII stake by 120% in the third quarter, to 12,473 shares valued at about $3.33 million. Institutional investors and hedge funds collectively own 90.46% of the stock.
• Huntington Ingalls beat quarterly expectations, reporting EPS of $5.48 versus estimates of $4.36 and revenue of $3.54 billion, up 10.8% year over year. The company also raised its quarterly dividend from $1.38 to $1.41 per share.
• Analysts have a consensus “Moderate Buy” rating and an average price target of $369.50. While Wolfe Research raised its FY2026 EPS estimate, it lowered estimates for later years.

CenterBook Partners LP grew its holdings in Huntington Ingalls Industries, Inc. (NYSE:HII - Free Report) by 120.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,473 shares of the aerospace company's stock after purchasing an additional 6,803 shares during the quarter. CenterBook Partners LP's holdings in Huntington Ingalls Industries were worth $3,331,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in HII. BlackRock Inc. purchased a new position in Huntington Ingalls Industries during the second quarter worth approximately $944,877,000. Bank of New York Mellon Corp acquired a new stake in shares of Huntington Ingalls Industries in the 2nd quarter worth $75,094,000. Deutsche Bank AG purchased a new position in shares of Huntington Ingalls Industries during the 2nd quarter worth $64,769,000. State Street Corp raised its holdings in shares of Huntington Ingalls Industries by 8.4% during the 2nd quarter. State Street Corp now owns 2,922,717 shares of the aerospace company's stock worth $818,039,000 after acquiring an additional 227,439 shares during the period. Finally, Diamond Hill Capital Management LLC Investment Advisor purchased a new position in shares of Huntington Ingalls Industries during the 2nd quarter worth $55,449,000. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on HII shares. The Goldman Sachs Group reissued a "conviction-buy" rating and issued a $406.00 price objective on shares of Huntington Ingalls Industries in a report on Friday, October 30th. Wells Fargo & Company lifted their target price on shares of 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. Wolfe Research upgraded shares of Huntington Ingalls Industries from a "peer perform" rating to an "outperform" rating and set a $364.00 target price on the stock in a report on Friday, July 31st. JPMorgan Chase & Co. increased their price target on shares of Huntington Ingalls Industries from $370.00 to $375.00 and gave the company a "neutral" rating in a research note on Tuesday, November 3rd. Finally, Wall Street Zen raised shares of Huntington Ingalls Industries from a "hold" rating to a "buy" rating in a research note on Saturday, October 31st. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $369.50.

Insider Activity at Huntington Ingalls Industries

In other news, CEO Christopher Kastner sold 13,070 shares of the firm's stock in a transaction 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 completion of the transaction, the chief executive officer directly owned 11,224 shares in the company, valued at $3,646,902.08. This trade represents a 53.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.80% of the stock is currently owned by corporate insiders.

Huntington Ingalls Industries Stock Performance

NYSE HII opened at $289.08 on Friday. The stock has a market cap of $11.39 billion, a PE ratio of 15.56, a P/E/G ratio of 1.03 and a beta of 0.17. The company has a current ratio of 1.26, a quick ratio of 1.18 and a debt-to-equity ratio of 0.49. Huntington Ingalls Industries, Inc. has a twelve month low of $255.35 and a twelve month high of $460.00. The stock has a fifty day simple moving average of $278.73 and a 200-day simple moving average of $333.24.

Huntington Ingalls Industries (NYSE:HII - Get Free Report) last issued its quarterly earnings data on Thursday, October 29th. The aerospace company reported $5.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.36 by $1.12. The firm had revenue of $3.54 billion for the quarter, compared to analyst estimates of $3.38 billion. Huntington Ingalls Industries had a net margin of 5.42% and a return on equity of 13.95%. Huntington Ingalls Industries's revenue was up 10.8% on a year-over-year basis. During the same period in the previous year, the firm earned $3.68 EPS. Equities analysts anticipate that Huntington Ingalls Industries, Inc. will post 19.30 earnings per share for the current year.

Huntington Ingalls Industries Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 11th. Stockholders of record on Friday, November 27th will be issued a $1.41 dividend. The ex-dividend date is Friday, November 27th. This represents a $5.64 annualized dividend and a dividend yield of 2.0%. This is an increase from Huntington Ingalls Industries's previous quarterly dividend of $1.38. Huntington Ingalls Industries's dividend payout ratio (DPR) is currently 29.71%.

Key Stories Impacting Huntington Ingalls Industries

Here are the key news stories impacting Huntington Ingalls Industries this week:

• Positive Sentiment: Sanford C. Bernstein raised its price target for HII, while JPMorgan forecast strong potential share-price appreciation. The reports’ specific target figures were not provided. Sanford C. Bernstein price-target article JPMorgan forecast article
• Positive Sentiment: Wolfe Research raised its FY2026 EPS estimate to $19.42 from $18.58. It maintained an Outperform rating and a $364 price target, above the referenced share price of $289.09.
• Negative Sentiment: Wolfe cut EPS forecasts for Q4 2026 to $4.88 from $5.23, and lowered estimates for FY2027, FY2028, and FY2029 to $19.56, $22.54, and $24.97, respectively. It also reduced its FY2030 estimate to $27.55 from $28.20. These downward revisions suggest a less favorable earnings outlook beyond FY2026.

About Huntington Ingalls Industries

Huntington Ingalls Industries, Inc NYSE: HII is a U.S. defense contractor focused on shipbuilding and technology services. Its shipyards design, build, and maintain vessels for the U.S. Navy and other government customers, including nuclear-powered aircraft carriers, submarines, destroyers, and amphibious ships.

The company operates Newport News Shipbuilding in Virginia and Ingalls Shipbuilding in Mississippi. Newport News is the sole designer and builder of U.S. Navy nuclear-powered aircraft carriers and, alongside General Dynamics Electric Boat, builds the Navy's nuclear-powered submarines.

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