Huntington Ingalls Industries, Inc. $HII Stock Purchased by CenterBook Partners LP

CenterBook Partners LP boosted its stake in shares of Huntington Ingalls Industries, Inc. (NYSE:HII) by 120.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,473 shares of the aerospace company’s stock after purchasing an additional 6,803 shares during the quarter. CenterBook Partners LP’s holdings in Huntington Ingalls Industries were worth $3,331,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the stock. BlackRock Inc. purchased a new position in shares of Huntington Ingalls Industries in the 2nd quarter valued at about $944,877,000. Bank of New York Mellon Corp acquired a new position in Huntington Ingalls Industries during the 2nd quarter worth approximately $75,094,000. Deutsche Bank AG acquired a new position in shares of Huntington Ingalls Industries during the second quarter worth $64,769,000. State Street Corp increased its holdings in shares of Huntington Ingalls Industries by 8.4% in the 2nd quarter. State Street Corp now owns 2,922,717 shares of the aerospace company’s stock valued at $818,039,000 after acquiring an additional 227,439 shares during the last quarter. Finally, Diamond Hill Capital Management LLC Investment Advisor purchased a new position in Huntington Ingalls Industries in the second quarter valued at approximately $55,449,000. Institutional investors and hedge funds own 90.46% of the company’s stock.

Huntington Ingalls Industries Stock Performance

NYSE HII opened at $289.08 on Friday. The business’s 50 day moving average is $278.73 and its two-hundred day moving average is $333.24. Huntington Ingalls Industries, Inc. has a 12-month low of $255.35 and a 12-month high of $460.00. The stock has a market capitalization of $11.39 billion, a price-to-earnings ratio of 15.56, a PEG ratio of 1.03 and a beta of 0.17. The company has a current ratio of 1.26, a quick ratio of 1.18 and a debt-to-equity ratio of 0.49.

Huntington Ingalls Industries (NYSE:HII) last released its quarterly earnings data on Thursday, October 29th. The aerospace company reported $5.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.36 by $1.12. The firm had revenue of $3.54 billion during the quarter, compared to analysts’ expectations of $3.38 billion. Huntington Ingalls Industries had a return on equity of 13.95% and a net margin of 5.42%. Huntington Ingalls Industries’s revenue was up 10.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $3.68 earnings per share. Research analysts expect that Huntington Ingalls Industries, Inc. will post 19.30 EPS for the current year.

Huntington Ingalls Industries Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 11th. Investors of record on Friday, November 27th will be paid a $1.41 dividend. This represents a $5.64 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend is Friday, November 27th. This is an increase from Huntington Ingalls Industries’s previous quarterly dividend of $1.38. Huntington Ingalls Industries’s dividend payout ratio (DPR) is 29.71%.

More Huntington Ingalls Industries News

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

• Positive Sentiment: Sanford C. Bernstein raised its price target for HII, while JPMorgan forecast strong potential share-price appreciation. The reports’ specific target figures were not provided. Sanford C. Bernstein price-target article JPMorgan forecast article
• Positive Sentiment: Wolfe Research raised its FY2026 EPS estimate to $19.42 from $18.58. It maintained an Outperform rating and a $364 price target, above the referenced share price of $289.09.
• Negative Sentiment: Wolfe cut EPS forecasts for Q4 2026 to $4.88 from $5.23, and lowered estimates for FY2027, FY2028, and FY2029 to $19.56, $22.54, and $24.97, respectively. It also reduced its FY2030 estimate to $27.55 from $28.20. These downward revisions suggest a less favorable earnings outlook beyond FY2026.

Insider Buying and Selling at Huntington Ingalls Industries

In other news, CEO Christopher Kastner sold 13,070 shares of Huntington Ingalls Industries stock in a transaction on Monday, August 10th. The stock was sold at an average price of $324.92, for a total transaction of $4,246,704.40. Following the completion of the transaction, the chief executive officer owned 11,224 shares of the company’s stock, valued at $3,646,902.08. The trade was a 53.80% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.80% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. The Goldman Sachs Group reiterated a “conviction-buy” rating and set a $406.00 target price on shares of Huntington Ingalls Industries in a research report on Friday, October 30th. Citigroup upped their target price on Huntington Ingalls Industries from $349.00 to $379.00 and gave the company a “buy” rating in a research report on Friday, July 31st. Wall Street Zen upgraded Huntington Ingalls Industries from a “hold” rating to a “buy” rating in a research note on Saturday, October 31st. Weiss Ratings upgraded Huntington Ingalls Industries from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, August 31st. Finally, TD Cowen cut their price target on Huntington Ingalls Industries from $360.00 to $340.00 and set a “buy” rating on the stock in a research report on Friday, October 9th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, Huntington Ingalls Industries has an average rating of “Moderate Buy” and a consensus target price of $369.50.

Huntington Ingalls Industries Profile

Huntington Ingalls Industries, Inc (NYSE: HII) is a U.S. defense contractor focused on shipbuilding and technology services. Its shipyards design, build, and maintain vessels for the U.S. Navy and other government customers, including nuclear-powered aircraft carriers, submarines, destroyers, and amphibious ships.

The company operates Newport News Shipbuilding in Virginia and Ingalls Shipbuilding in Mississippi. Newport News is the sole designer and builder of U.S. Navy nuclear-powered aircraft carriers and, alongside General Dynamics Electric Boat, builds the Navy’s nuclear-powered submarines.