Weiss Ratings Reaffirms Hold (C) Rating for Huntington Ingalls Industries (NYSE:HII)

Huntington Ingalls Industries (NYSE:HII - Get Free Report)'s stock had its "hold (c)" rating reaffirmed by analysts at Weiss Ratings in a report issued on Wednesday,Weiss Ratings reports.

Several other brokerages have also weighed in on HII. Barclays raised their price objective on shares of Huntington Ingalls Industries from $235.00 to $295.00 and gave the company an "equal weight" rating in a research report on Monday, August 4th. Bank of America raised their price objective on shares of Huntington Ingalls Industries from $180.00 to $260.00 and gave the stock an "underperform" rating in a research note on Wednesday, August 13th. Wall Street Zen downgraded shares of Huntington Ingalls Industries from a "strong-buy" rating to a "buy" rating in a research note on Sunday, September 7th. TD Cowen raised shares of Huntington Ingalls Industries from a "hold" rating to a "buy" rating and boosted their price target for the company from $250.00 to $300.00 in a report on Thursday, July 10th. Finally, Zacks Research downgraded shares of Huntington Ingalls Industries from a "strong-buy" rating to a "hold" rating in a research note on Thursday, August 14th. Three research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $264.43.

Huntington Ingalls Industries Stock Up 1.9%

Huntington Ingalls Industries stock opened at $290.69 on Wednesday. Huntington Ingalls Industries has a 52 week low of $158.88 and a 52 week high of $293.14. 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's 50-day moving average price is $273.20 and its two-hundred day moving average price is $244.36. The stock has a market cap of $11.41 billion, a price-to-earnings ratio of 21.76, a PEG ratio of 1.63 and a beta of 0.38.

Huntington Ingalls Industries (NYSE:HII - Get Free Report) last announced its earnings results on Thursday, July 31st. The aerospace company reported $3.86 EPS for the quarter, topping the consensus estimate of $3.23 by $0.63. The company 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 business's revenue for the quarter was up 3.5% on a year-over-year basis. During the same period last year, the company posted $4.38 earnings per share. Huntington Ingalls Industries has set its FY 2025 guidance at EPS. On average, analysts expect that Huntington Ingalls Industries will post 13.99 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in HII. Wedmont Private Capital increased its position in shares of Huntington Ingalls Industries by 4.2% in the third quarter. Wedmont Private Capital now owns 1,151 shares of the aerospace company's stock worth $328,000 after purchasing an additional 46 shares during the period. Czech National Bank lifted its stake in shares of Huntington Ingalls Industries by 3.9% in the third quarter. Czech National Bank now owns 9,967 shares of the aerospace company's stock worth $2,870,000 after acquiring an additional 376 shares during the period. Veracity Capital LLC lifted its stake in shares of Huntington Ingalls Industries by 44.8% in the third quarter. Veracity Capital LLC now owns 2,353 shares of the aerospace company's stock worth $678,000 after acquiring an additional 728 shares during the period. Family Legacy Financial Solutions LLC acquired a new position in Huntington Ingalls Industries in the third quarter valued at approximately $103,000. Finally, Union Bancaire Privee UBP SA lifted its stake in Huntington Ingalls Industries by 26.3% in the third quarter. Union Bancaire Privee UBP SA now owns 15,736 shares of the aerospace company's stock valued at $4,531,000 after buying an additional 3,273 shares during the period. Institutional investors own 90.46% of the company's stock.

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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