Huntington Ingalls Industries, Inc. (NYSE:HII) Receives Consensus Recommendation of "Hold" from Analysts

Key Points

• Huntington Ingalls Industries, Inc. has received a consensus recommendation of "Hold" from eight analysts, with one sell, four hold, and three buy ratings.
• The average 12-month price objective among brokerages for the stock is $262.67.
• Huntington Ingalls recently reported a quarterly EPS of $3.86, exceeding analysts' expectations, alongside a dividend yield of 1.9% following a payout of $1.35 per share.

Huntington Ingalls Industries, Inc. (NYSE:HII - Get Free Report) has earned a consensus recommendation of "Hold" from the eight ratings firms that are currently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $262.6667.

Several equities research analysts have weighed in on the stock. Weiss Ratings restated a "hold (c)" rating on shares of Huntington Ingalls Industries in a research report on Wednesday, October 8th. Wall Street Zen cut shares of Huntington Ingalls Industries from a "strong-buy" rating to a "buy" rating in a research report on Sunday, September 7th. 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. TD Cowen upgraded shares of Huntington Ingalls Industries from a "hold" rating to a "buy" rating and raised their price objective for the company from $250.00 to $300.00 in a research report on Thursday, July 10th. Finally, Barclays raised their target price 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.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. O Keefe Stevens Advisory Inc. boosted its position in shares of Huntington Ingalls Industries by 0.7% during the third quarter. O Keefe Stevens Advisory Inc. now owns 5,758 shares of the aerospace company's stock valued at $1,658,000 after buying an additional 40 shares during the last quarter. William B. Walkup & Associates Inc. lifted its holdings in Huntington Ingalls Industries by 2.4% in the first quarter. William B. Walkup & Associates Inc. now owns 1,843 shares of the aerospace company's stock valued at $376,000 after acquiring an additional 44 shares during the period. Pullen Investment Management LLC lifted its holdings in Huntington Ingalls Industries by 0.3% in the second quarter. Pullen Investment Management LLC now owns 15,876 shares of the aerospace company's stock valued at $3,833,000 after acquiring an additional 46 shares during the period. Wedmont Private Capital lifted its holdings in Huntington Ingalls Industries by 4.2% in the third quarter. Wedmont Private Capital now owns 1,151 shares of the aerospace company's stock valued at $328,000 after acquiring an additional 46 shares during the period. Finally, Parkside Financial Bank & Trust lifted its holdings in Huntington Ingalls Industries by 27.3% in the second quarter. Parkside Financial Bank & Trust now owns 224 shares of the aerospace company's stock valued at $54,000 after acquiring an additional 48 shares during the period. Institutional investors own 90.46% of the company's stock.

Huntington Ingalls Industries Trading Down 1.0%

Shares of Huntington Ingalls Industries stock opened at $279.91 on Monday. The stock has a market capitalization of $10.98 billion, a P/E ratio of 20.95, a price-to-earnings-growth ratio of 1.60 and a beta of 0.38. The company has a quick ratio of 1.00, a current ratio of 1.08 and a debt-to-equity ratio of 0.55. The company has a 50-day simple moving average of $275.50 and a 200 day simple moving average of $248.91. Huntington Ingalls Industries has a 12-month low of $158.88 and a 12-month high of $296.03.

Huntington Ingalls Industries (NYSE:HII - Get Free Report) last announced its earnings results 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. The business had revenue of $3.08 billion during the quarter, compared to analysts' expectations of $2.94 billion. Huntington Ingalls Industries had a net margin of 4.54% and a return on equity of 11.34%. The firm's revenue for the quarter was up 3.5% on a year-over-year basis. During the same quarter last year, the company 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 fiscal year.

Huntington Ingalls Industries Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 12th. Stockholders of record on Friday, August 29th were paid a $1.35 dividend. This represents a $5.40 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend was Friday, August 29th. Huntington Ingalls Industries's dividend payout ratio (DPR) is 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.

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