Huntington Ingalls Industries, Inc. (NYSE:HII) Receives Average Rating of "Hold" from Brokerages

Key Points

• Huntington Ingalls Industries, Inc. has received a consensus rating of "Hold" from analysts, with one sell recommendation, six holds, and three buys.
• The company reported $3.86 earnings per share (EPS) for the last quarter, surpassing analysts' expectations of $3.23, alongside an increase in revenue by 3.5% year-over-year.
• A quarterly dividend of $1.35 per share is set to be paid to stockholders on September 12, yielding an annualized dividend of 2.0% based on current pricing.

Huntington Ingalls Industries, Inc. (NYSE:HII - Get Free Report) has received an average recommendation of "Hold" from the ten ratings firms that are covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating on the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $267.00.

HII has been the topic of a number of research reports. TD Cowen raised shares of Huntington Ingalls Industries from a "hold" rating to a "buy" rating and increased their price objective for the company from $250.00 to $300.00 in a research note on Thursday, July 10th. Wall Street Zen raised shares of Huntington Ingalls Industries from a "buy" rating to a "strong-buy" rating in a research note on Saturday. Barclays raised their target price on shares of Huntington Ingalls Industries from $235.00 to $295.00 and gave the stock an "equal weight" rating in a research report on Monday, August 4th. Zacks Research cut shares of Huntington Ingalls Industries from a "strong-buy" rating to a "hold" rating in a research report on Thursday, August 14th. Finally, Bank of America raised their target price on shares of Huntington Ingalls Industries from $180.00 to $260.00 and gave the stock an "underperform" rating in a research report on Wednesday, August 13th.

Huntington Ingalls Industries Price Performance

Shares of HII traded down $2.46 during trading hours on Friday, reaching $267.26. The company had a trading volume of 141,162 shares, compared to its average volume of 620,527. The firm has a 50 day simple moving average of $260.82 and a 200-day simple moving average of $228.36. The company has a current ratio of 1.08, a quick ratio of 1.00 and a debt-to-equity ratio of 0.55. The company has a market capitalization of $10.49 billion, a price-to-earnings ratio of 20.01, a PEG ratio of 1.55 and a beta of 0.40. Huntington Ingalls Industries has a 12-month low of $158.88 and a 12-month high of $293.14.

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

Huntington Ingalls Industries Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, September 12th. Investors of record on Friday, August 29th will be given a $1.35 dividend. The ex-dividend date of this dividend is Friday, August 29th. This represents a $5.40 annualized dividend and a dividend yield of 2.0%. Huntington Ingalls Industries's dividend payout ratio (DPR) is currently 40.42%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Teacher Retirement System of Texas acquired a new position in Huntington Ingalls Industries during the first quarter valued at approximately $1,324,000. GAMMA Investing LLC raised its stake in shares of Huntington Ingalls Industries by 269.0% during the first quarter. GAMMA Investing LLC now owns 2,413 shares of the aerospace company's stock valued at $492,000 after purchasing an additional 1,759 shares during the period. Eisler Capital Management Ltd. purchased a new stake in shares of Huntington Ingalls Industries during the fourth quarter valued at approximately $5,679,000. Sowell Financial Services LLC purchased a new stake in shares of Huntington Ingalls Industries during the first quarter valued at approximately $247,000. Finally, Ninety One UK Ltd purchased a new stake in shares of Huntington Ingalls Industries during the first quarter valued at approximately $14,924,000. 90.46% of the stock is owned by institutional investors and hedge funds.

About Huntington Ingalls Industries

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.