HII FY2027 EPS Boosted by Alembic Global Advisors

Key Points

• Alembic Global Advisors raised Huntington Ingalls Industries’ FY2027 EPS forecast to $20.56 from $20.03, well above the current consensus estimate of $18.19.
• HII recently exceeded quarterly expectations, reporting $5.27 in EPS versus the $3.79 consensus and $3.42 billion in revenue, up 10.9% year over year.
• Analyst sentiment remains moderately positive, with a consensus target price of $378.88; HII also declared a $1.38 quarterly dividend, equivalent to a 1.7% yield.

Huntington Ingalls Industries, Inc. (NYSE:HII - Free Report) - Equities researchers at Alembic Global Advisors raised their FY2027 earnings estimates for Huntington Ingalls Industries in a research note issued on Monday, August 17th. Alembic Global Advisors analyst P. Skibitski now expects that the aerospace company will post earnings per share of $20.56 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.

Huntington Ingalls Industries (NYSE:HII - Get Free Report) last announced its earnings results on Thursday, July 30th. The aerospace company reported $5.27 earnings per share for the quarter, topping analysts' consensus estimates of $3.79 by $1.48. The firm had revenue of $3.42 billion during the quarter, compared to analyst estimates 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 revenue for the quarter was up 10.9% compared to the same quarter last year. During the same period in the prior year, the business earned $3.86 EPS.

Several other research analysts have also recently weighed in on the company. Wolfe Research raised Huntington Ingalls Industries from a "peer perform" rating to an "outperform" rating and set a $364.00 price objective for the company in a research report on Friday, July 31st. Wells Fargo & Company lifted their target price on Huntington Ingalls Industries from $325.00 to $340.00 and gave the company an "equal weight" rating in a research report on Tuesday, August 4th. Citigroup boosted their target price on Huntington Ingalls Industries from $349.00 to $379.00 and gave the company a "buy" rating in a research note on Friday, July 31st. Weiss Ratings downgraded Huntington Ingalls Industries from a "hold (c+)" rating to a "hold (c)" rating in a research report on Monday. Finally, Wall Street Zen cut shares of Huntington Ingalls Industries from a "buy" rating to a "hold" rating in a research note on Monday, May 18th. Five equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company's stock. According to MarketBeat, Huntington Ingalls Industries has an average rating of "Moderate Buy" and a consensus target price of $378.88.

Huntington Ingalls Industries Stock Performance

HII 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 P/E/G ratio of 1.25 and a beta of 0.24. The business's 50-day moving average price is $295.82 and its two-hundred day moving average price is $350.75. Huntington Ingalls Industries has a 1 year low of $262.66 and a 1 year high of $460.00. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.23 and a quick ratio of 1.14.

Huntington Ingalls Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 11th. Stockholders of record on Friday, August 28th will be issued a $1.38 dividend. The ex-dividend date is Friday, August 28th. This represents a $5.52 annualized dividend and a dividend yield of 1.7%. Huntington Ingalls Industries's dividend payout ratio (DPR) is presently 32.90%.

Insider Transactions at Huntington Ingalls Industries

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

Institutional Investors Weigh In On Huntington Ingalls Industries

A number of institutional investors and hedge funds have recently made changes to their positions in HII. CYBER HORNET ETFs LLC bought a new stake in shares of Huntington Ingalls Industries in the 2nd quarter valued at about $25,000. Rakuten Securities Inc. grew its holdings in Huntington Ingalls Industries by 140.0% during the second quarter. Rakuten Securities Inc. now owns 108 shares of the aerospace company's stock worth $26,000 after purchasing an additional 63 shares during the period. Bayban acquired a new position in Huntington Ingalls Industries during the first quarter worth approximately $27,000. NBC Securities Inc. increased its position in Huntington Ingalls Industries by 87.2% during the fourth quarter. NBC Securities Inc. now owns 88 shares of the aerospace company's stock worth $30,000 after buying an additional 41 shares during the last quarter. Finally, Smartleaf Asset Management LLC raised its stake in Huntington Ingalls Industries by 363.3% in the second quarter. Smartleaf Asset Management LLC now owns 139 shares of the aerospace company's stock valued at $33,000 after buying an additional 109 shares during the period. Institutional investors own 90.46% of the company's stock.

Huntington Ingalls Industries Company Profile

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.

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