Revisor Wealth Management LLC Takes Position in Huntington Ingalls Industries, Inc. $HII

Key Points

• Revisor Wealth Management LLC acquired 1,450 shares of Huntington Ingalls Industries, valued at approximately $374,000, during the second quarter.
• Several analysts adjusted their ratings and price targets for Huntington Ingalls Industries, with Zacks downgrading it to a "hold" rating and Bank of America raising its target to $260 while maintaining an "underperform" rating.
• The company recently announced a quarterly dividend of $1.35, representing an annualized yield of 2.0% and indicating a payout ratio of 40.42%.

Revisor Wealth Management LLC acquired a new stake in shares of Huntington Ingalls Industries, Inc. (NYSE:HII - Free Report) during the second quarter, according to its most recent disclosure with the SEC. The fund acquired 1,450 shares of the aerospace company's stock, valued at approximately $374,000.

A number of other large investors have also recently made changes to their positions in HII. Sentry Investment Management LLC purchased a new position in shares of Huntington Ingalls Industries during the 1st quarter valued at about $26,000. HM Payson & Co. lifted its position in shares of Huntington Ingalls Industries by 71.9% during the 1st quarter. HM Payson & Co. now owns 153 shares of the aerospace company's stock valued at $31,000 after buying an additional 64 shares in the last quarter. Park Square Financial Group LLC purchased a new position in shares of Huntington Ingalls Industries during the 1st quarter valued at about $31,000. Geneos Wealth Management Inc. lifted its position in shares of Huntington Ingalls Industries by 40.1% during the 1st quarter. Geneos Wealth Management Inc. now owns 206 shares of the aerospace company's stock valued at $42,000 after buying an additional 59 shares in the last quarter. Finally, Grove Bank & Trust purchased a new position in shares of Huntington Ingalls Industries during the 1st quarter valued at about $61,000. 90.46% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on HII shares. Zacks Research cut Huntington Ingalls Industries from a "strong-buy" rating to a "hold" rating in a report on Thursday, August 14th. Bank of America boosted their price target on Huntington Ingalls Industries from $180.00 to $260.00 and gave the stock an "underperform" rating in a report on Wednesday, August 13th. TD Cowen raised 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 report on Thursday, July 10th. Barclays boosted their price target on Huntington Ingalls Industries from $235.00 to $295.00 and gave the stock an "equal weight" rating in a report on Monday, August 4th. Finally, Wall Street Zen cut Huntington Ingalls Industries from a "strong-buy" rating to a "buy" rating in a report on Sunday, September 7th. Three research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and an average target price of $264.43.

Huntington Ingalls Industries Stock Performance

NYSE:HII opened at $275.75 on Wednesday. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.08 and a quick ratio of 1.00. Huntington Ingalls Industries, Inc. has a 1 year low of $158.88 and a 1 year high of $293.14. The stock's 50 day simple moving average is $267.85 and its two-hundred day simple moving average is $238.34. The company has a market cap of $10.82 billion, a price-to-earnings ratio of 20.64, a PEG ratio of 1.58 and a beta of 0.40.

Huntington Ingalls Industries (NYSE:HII - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The aerospace company reported $3.86 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.23 by $0.63. Huntington Ingalls Industries had a return on equity of 11.34% and a net margin of 4.54%.The business had revenue of $3.08 billion for the quarter, compared to the consensus estimate of $2.94 billion. During the same quarter in the previous year, the company posted $4.38 EPS. The company's 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, equities analysts anticipate that Huntington Ingalls Industries, Inc. will post 13.99 earnings per share for the current fiscal year.

Huntington Ingalls Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 12th. Shareholders of record on Friday, August 29th were paid a $1.35 dividend. The ex-dividend date of this dividend was Friday, August 29th. This represents a $5.40 dividend on an annualized basis and a yield of 2.0%. Huntington Ingalls Industries's payout ratio is presently 40.42%.

Huntington Ingalls Industries 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.

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