Huntington Ingalls Industries (NYSE:HII) Upgraded to “Outperform” at Wolfe Research

Huntington Ingalls Industries (NYSE:HII) was upgraded by analysts at Wolfe Research from a “peer perform” rating to an “outperform” rating in a report released on Friday, Marketbeat.com reports. The brokerage presently has a $364.00 price target on the aerospace company’s stock. Wolfe Research’s target price suggests a potential upside of 13.85% from the company’s previous close.

HII has been the topic of a number of other reports. Wall Street Zen lowered shares of Huntington Ingalls Industries from a “buy” rating to a “hold” rating in a research note on Monday, May 18th. TD Cowen dropped their price objective on Huntington Ingalls Industries from $420.00 to $360.00 and set a “buy” rating on the stock in a research note on Monday, July 13th. Weiss Ratings cut shares of Huntington Ingalls Industries from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, May 6th. Finally, Citigroup cut their target price on Huntington Ingalls Industries from $405.00 to $349.00 and set a “buy” rating on the stock in a research note on Wednesday, July 1st. Five research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $372.89.

Huntington Ingalls Industries Trading Up 14.0%

Shares of Huntington Ingalls Industries stock opened at $319.70 on Friday. The stock has a market capitalization of $12.60 billion, a PE ratio of 20.80, a price-to-earnings-growth ratio of 1.20 and a beta of 0.25. Huntington Ingalls Industries has a 52 week low of $259.00 and a 52 week high of $460.00. The stock has a 50 day moving average price of $290.79 and a two-hundred day moving average price of $359.35. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.11 and a current ratio of 1.19.

Huntington Ingalls Industries (NYSE:HII) last issued its earnings results on Thursday, July 30th. The aerospace company reported $5.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.79 by $1.48. Huntington Ingalls Industries had a return on equity of 12.05% and a net margin of 4.71%.The company had revenue of $3.42 billion for the quarter, compared to analysts’ expectations of $3.15 billion. During the same period last year, the business earned $3.86 EPS. Huntington Ingalls Industries’s quarterly revenue was up 10.9% compared to the same quarter last year. As a group, equities analysts anticipate that Huntington Ingalls Industries will post 17.31 earnings per share for the current fiscal year.

Insider Transactions at Huntington Ingalls Industries

In other Huntington Ingalls Industries news, VP Edmond E. Jr. Hughes sold 3,500 shares of the business’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $319.58, for a total value of $1,118,530.00. Following the sale, the vice president directly owned 8,391 shares in the company, valued at $2,681,595.78. The trade was a 29.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.80% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Huntington Ingalls Industries

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Personal CFO Solutions LLC grew its holdings in shares of Huntington Ingalls Industries by 3.7% in the first quarter. Personal CFO Solutions LLC now owns 775 shares of the aerospace company’s stock valued at $294,000 after purchasing an additional 28 shares during the period. TriaGen Wealth Management LLC raised its stake in Huntington Ingalls Industries by 1.6% during the fourth quarter. TriaGen Wealth Management LLC now owns 1,971 shares of the aerospace company’s stock worth $670,000 after purchasing an additional 31 shares during the period. Intrust Bank NA raised its position in shares of Huntington Ingalls Industries by 4.5% during the 4th quarter. Intrust Bank NA now owns 821 shares of the aerospace company’s stock valued at $279,000 after buying an additional 35 shares during the period. Oakworth Capital Inc. grew its position in Huntington Ingalls Industries by 1.7% in the fourth quarter. Oakworth Capital Inc. now owns 2,205 shares of the aerospace company’s stock worth $750,000 after acquiring an additional 36 shares during the period. Finally, Whittier Trust Co. increased its stake in Huntington Ingalls Industries by 2.5% during the first quarter. Whittier Trust Co. now owns 1,532 shares of the aerospace company’s stock worth $625,000 after acquiring an additional 38 shares during the last quarter. Institutional investors own 90.46% of the company’s stock.

Key Huntington Ingalls Industries News

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

• Positive Sentiment: Q2 earnings and revenue beat expectations. HII reported earnings of $5.27 per share, well above the $3.79 analyst consensus and up from $3.86 a year earlier. Revenue rose 10.9% year over year to $3.42 billion, exceeding the $3.15 billion estimate. Higher ship volumes were the primary growth driver. HII Q2 Earnings Surpass Estimates, Revenues Increase Year over Year
• Positive Sentiment: Management raised its revenue outlook. HII now expects fiscal 2026 revenue of $13.2 billion to $13.6 billion, ahead of the approximately $13.0 billion analyst consensus. New awards helped increase backlog to $57.3 billion, supporting longer-term sales visibility. HII Earnings Call: Shipbuilding Strength Drives Upbeat Outlook
• Positive Sentiment: Large submarine contracts strengthen future demand. HII’s Newport News Shipbuilding division is part of the team awarded contracts for Block VI Virginia-class and Build II Columbia-class submarines. The contracts, described in related coverage as totaling $76.6 billion for the Navy team, improve visibility for HII’s core nuclear-shipbuilding operations. HII Awarded Contracts for Virginia-class and Columbia-class Submarines
• Positive Sentiment: Dividend reinforces shareholder returns. The board declared a quarterly dividend of $1.38 per share, payable September 11 to shareholders of record August 28, representing an annualized yield of about 2.0%. HII Declares Quarterly Dividend
• Neutral Sentiment: Investors may continue to monitor execution, costs and margins. While sales and backlog improved, prior earnings previews had flagged higher general and administrative expenses as a potential profit constraint.

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.