Boston Partners Has $4.38 Million Stock Holdings in Huntington Ingalls Industries, Inc. $HII

Boston Partners decreased its holdings in shares of Huntington Ingalls Industries, Inc. (NYSE:HII) by 3.8% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 18,118 shares of the aerospace company’s stock after selling 715 shares during the period. Boston Partners’ holdings in Huntington Ingalls Industries were worth $4,375,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Montag A & Associates Inc. increased its holdings in Huntington Ingalls Industries by 3.2% in the second quarter. Montag A & Associates Inc. now owns 4,193 shares of the aerospace company’s stock valued at $1,012,000 after purchasing an additional 129 shares during the last quarter. Keynote Financial Services LLC acquired a new position in shares of Huntington Ingalls Industries during the 2nd quarter worth about $234,000. Vise Technologies Inc. bought a new stake in shares of Huntington Ingalls Industries in the 2nd quarter valued at about $593,000. Allworth Financial LP increased its stake in shares of Huntington Ingalls Industries by 66.6% in the 2nd quarter. Allworth Financial LP now owns 533 shares of the aerospace company’s stock valued at $129,000 after acquiring an additional 213 shares during the last quarter. Finally, ProShare Advisors LLC raised its position in shares of Huntington Ingalls Industries by 40.3% in the 2nd quarter. ProShare Advisors LLC now owns 12,623 shares of the aerospace company’s stock valued at $3,048,000 after acquiring an additional 3,626 shares during the period. 90.46% of the stock is currently owned by institutional investors.

Insider Activity at Huntington Ingalls Industries

In related news, CAO Nicolas G. Schuck sold 466 shares of the firm’s stock in a transaction on Tuesday, November 4th. The shares were sold at an average price of $314.36, for a total value of $146,491.76. Following the completion of the transaction, the chief accounting officer owned 2,418 shares of the company’s stock, valued at approximately $760,122.48. This trade represents a 16.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Christopher D. Kastner sold 15,000 shares of Huntington Ingalls Industries stock in a transaction on Wednesday, November 12th. The shares were sold at an average price of $321.06, for a total transaction of $4,815,900.00. Following the completion of the sale, the chief executive officer owned 68,139 shares in the company, valued at $21,876,707.34. The trade was a 18.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.72% of the stock is owned by company insiders.

Huntington Ingalls Industries Stock Performance

HII opened at $313.46 on Friday. The business’s 50-day moving average price is $290.33 and its two-hundred day moving average price is $262.09. Huntington Ingalls Industries, Inc. has a 1 year low of $158.88 and a 1 year high of $330.00. The company has a market capitalization of $12.30 billion, a price-to-earnings ratio of 23.46, a P/E/G ratio of 1.71 and a beta of 0.40. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.08 and a quick ratio of 1.00.

Huntington Ingalls Industries (NYSE:HII) last posted its quarterly earnings data on Thursday, October 30th. The aerospace company reported $3.68 earnings per share for the quarter, topping the consensus estimate of $3.29 by $0.39. The company had revenue of $3.19 billion during the quarter, compared to analysts’ expectations of $2.95 billion. Huntington Ingalls Industries had a return on equity of 11.34% and a net margin of 4.54%.Huntington Ingalls Industries’s revenue for the quarter was up 16.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.56 earnings per share. Huntington Ingalls Industries has set its FY 2025 guidance at EPS. Equities analysts expect that Huntington Ingalls Industries, Inc. will post 13.99 EPS for the current fiscal year.

Huntington Ingalls Industries Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 12th. Shareholders of record on Friday, November 28th will be given a dividend of $1.38 per share. This is an increase from Huntington Ingalls Industries’s previous quarterly dividend of $1.35. The ex-dividend date of this dividend is Friday, November 28th. This represents a $5.52 dividend on an annualized basis and a yield of 1.8%. Huntington Ingalls Industries’s payout ratio is currently 38.12%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on HII. Zacks Research cut shares of Huntington Ingalls Industries from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 14th. Bank of America boosted their price target on shares of Huntington Ingalls Industries from $180.00 to $260.00 and gave the company an “underperform” rating in a report on Wednesday, August 13th. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $362.00 price objective on shares of Huntington Ingalls Industries in a research note on Friday, November 7th. TD Cowen boosted their target price on Huntington Ingalls Industries from $320.00 to $350.00 and gave the company a “buy” rating in a research note on Friday, October 31st. Finally, The Goldman Sachs Group increased their price target on Huntington Ingalls Industries from $316.00 to $356.00 and gave the stock a “buy” rating in a report on Friday, October 31st. Three research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $318.57.

Huntington Ingalls Industries 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.