Huntington Ingalls Industries (NYSE:HII) VP Sells $1,118,530.00 in Stock

Key Points

• Huntington Ingalls Industries VP Edmond Jr. Hughes sold 3,500 shares on May 28 for about $1.12 million, reducing his holdings by 29.43% to 8,391 shares.
• HII stock fell 4.0% in Friday trading to $308.10, and it remains below both its 50-day and 200-day moving averages, reflecting recent pressure on the shares.
• The company recently beat quarterly earnings and revenue expectations, reporting $3.79 EPS on $3.10 billion in revenue, while also declaring a $1.38 per share quarterly dividend payable June 12.

Huntington Ingalls Industries, Inc. (NYSE:HII - Get Free Report) VP Edmond Jr. Hughes sold 3,500 shares of the company'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 in the company, valued at $2,681,595.78. This represents a 29.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Huntington Ingalls Industries Trading Down 4.0%

HII traded down $12.81 during trading hours on Friday, reaching $308.10. The company's stock had a trading volume of 876,529 shares, compared to its average volume of 551,507. Huntington Ingalls Industries, Inc. has a fifty-two week low of $215.04 and a fifty-two week high of $460.00. The stock has a market cap of $12.14 billion, a PE ratio of 20.05, a P/E/G ratio of 1.35 and a beta of 0.29. The business's 50-day moving average is $365.74 and its 200-day moving average is $372.66. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.19 and a quick ratio of 1.11.

Huntington Ingalls Industries (NYSE:HII - Get Free Report) last released its quarterly earnings results on Tuesday, May 5th. The aerospace company reported $3.79 EPS for the quarter, topping analysts' consensus estimates of $3.70 by $0.09. Huntington Ingalls Industries had a return on equity of 12.05% and a net margin of 4.71%.The company had revenue of $3.10 billion for the quarter, compared to analysts' expectations of $3.02 billion. During the same period in the prior year, the firm earned $3.79 earnings per share. The firm's revenue was up 13.4% compared to the same quarter last year. As a group, equities research analysts predict that Huntington Ingalls Industries, Inc. will post 17.29 earnings per share for the current fiscal year.

Huntington Ingalls Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 12th. Shareholders of record on Friday, May 29th will be issued a dividend of $1.38 per share. The ex-dividend date of this dividend is Friday, May 29th. This represents a $5.52 annualized dividend and a dividend yield of 1.8%. Huntington Ingalls Industries's dividend payout ratio (DPR) is presently 35.91%.

More Huntington Ingalls Industries News

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

• Positive Sentiment: Alembic Global Advisors raised its FY2026 and FY2027 EPS estimates for Huntington Ingalls Industries, signaling improving expectations for future profitability.
• Positive Sentiment: Melius Research increased its Q3 2026 EPS forecast for HII, adding to the view that earnings may strengthen later in the year.
• Positive Sentiment: Alembic also lifted its Q4 2026 EPS estimate, reinforcing optimism about the company’s second-half earnings trajectory.
• Neutral Sentiment: HII presented at Bernstein’s 42nd Annual Strategic Decisions Conference, which may have helped keep the company in focus for investors. Article Title
• Neutral Sentiment: Broader defense-sector news around U.S. policy toward Iran and sanctions was also in the mix, but it appears to be a secondary macro factor rather than a direct company-specific driver. Article Title
• Negative Sentiment: Despite the analyst optimism, the stock has been under pressure and is trading below its recent moving averages, suggesting investors remain cautious about execution and near-term momentum.
• Negative Sentiment: Melius and Alembic both trimmed their Q2 2026 EPS estimates, which points to some near-term softness even as later-period forecasts improved.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the stock. TD Cowen decreased their target price on shares of Huntington Ingalls Industries from $460.00 to $420.00 and set a "buy" rating for the company in a research note on Thursday, May 14th. Sanford C. Bernstein reiterated a "market perform" rating and set a $421.00 target price on shares of Huntington Ingalls Industries in a research note on Wednesday, February 11th. Citigroup decreased their target price on shares of Huntington Ingalls Industries from $441.00 to $405.00 and set a "buy" rating for the company in a research note on Monday, May 18th. Weiss Ratings downgraded shares of Huntington Ingalls Industries from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Wednesday, May 6th. Finally, Bank of America upgraded shares of Huntington Ingalls Industries from an "underperform" rating to a "neutral" rating and raised their price objective for the company from $300.00 to $400.00 in a research report on Thursday, February 12th. Four analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $388.50.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. M&T Bank Corp boosted its stake in Huntington Ingalls Industries by 205.8% during the 4th quarter. M&T Bank Corp now owns 40,031 shares of the aerospace company's stock valued at $13,613,000 after purchasing an additional 26,940 shares during the period. Jones Financial Companies Lllp boosted its stake in Huntington Ingalls Industries by 31.2% during the 3rd quarter. Jones Financial Companies Lllp now owns 12,560 shares of the aerospace company's stock valued at $3,502,000 after purchasing an additional 2,990 shares during the period. Atlantic Union Bankshares Corp boosted its stake in Huntington Ingalls Industries by 8,712.8% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 3,437 shares of the aerospace company's stock valued at $990,000 after purchasing an additional 3,398 shares during the period. Builder Investment Group Inc. ADV acquired a new position in Huntington Ingalls Industries during the 4th quarter valued at about $6,815,000. Finally, Kettle Hill Capital Management LLC boosted its stake in Huntington Ingalls Industries by 87.3% during the 3rd quarter. Kettle Hill Capital Management LLC now owns 60,816 shares of the aerospace company's stock valued at $17,510,000 after purchasing an additional 28,347 shares during the period. 90.46% of the stock is owned by hedge funds and other institutional investors.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.