Citigroup Cuts Huntington Ingalls Industries (NYSE:HII) Price Target to $441.00

Huntington Ingalls Industries (NYSE:HII) had its price target cut by Citigroup from $465.00 to $441.00 in a research note released on Thursday,Benzinga reports. They currently have a buy rating on the aerospace company’s stock.

A number of other equities analysts have also recently commented on HII. Wall Street Zen raised Huntington Ingalls Industries from a “buy” rating to a “strong-buy” rating in a report on Saturday, March 21st. Sanford C. Bernstein reiterated a “market perform” rating and set a $421.00 price target on shares of Huntington Ingalls Industries in a research report on Wednesday, February 11th. TD Cowen increased their price objective on Huntington Ingalls Industries from $440.00 to $460.00 and gave the company a “buy” rating in a research note on Friday, March 6th. Weiss Ratings upgraded Huntington Ingalls Industries from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, March 19th. Finally, Bank of America raised shares of Huntington Ingalls Industries from an “underperform” rating to a “neutral” rating and lifted their target price for the stock from $300.00 to $400.00 in a research note on Thursday, February 12th. Six analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, Huntington Ingalls Industries has an average rating of “Moderate Buy” and an average price target of $383.22.

Huntington Ingalls Industries Stock Performance

HII opened at $396.72 on Thursday. The firm’s fifty day simple moving average is $415.66 and its two-hundred day simple moving average is $355.33. Huntington Ingalls Industries has a 52-week low of $177.42 and a 52-week high of $460.00. The company has a market cap of $15.57 billion, a price-to-earnings ratio of 25.81, a PEG ratio of 1.61 and a beta of 0.36. The company has a quick ratio of 1.06, a current ratio of 1.13 and a debt-to-equity ratio of 0.53.

Huntington Ingalls Industries (NYSE:HII) last released its earnings results on Thursday, February 5th. The aerospace company reported $4.04 EPS for the quarter, topping analysts’ consensus estimates of $3.72 by $0.32. The business had revenue of $3.48 billion during the quarter, compared to analysts’ expectations of $3.09 billion. Huntington Ingalls Industries had a net margin of 4.85% and a return on equity of 12.28%. The company’s quarterly revenue was up 15.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $3.15 earnings per share. Equities analysts anticipate that Huntington Ingalls Industries will post 13.99 earnings per share for the current fiscal year.

Huntington Ingalls Industries Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 13th. Stockholders of record on Friday, February 27th were given a $1.38 dividend. The ex-dividend date was Friday, February 27th. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.4%. Huntington Ingalls Industries’s dividend payout ratio is 35.91%.

Insider Activity at Huntington Ingalls Industries

In related news, VP Chad N. Boudreaux sold 4,400 shares of Huntington Ingalls Industries stock in a transaction that occurred on Thursday, March 5th. The stock was sold at an average price of $422.45, for a total transaction of $1,858,780.00. Following the transaction, the vice president owned 20,360 shares in the company, valued at approximately $8,601,082. This trade represents a 17.77% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Eric D. Chewning sold 1,700 shares of the business’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $433.44, for a total value of $736,848.00. Following the transaction, the executive vice president directly owned 1,949 shares in the company, valued at $844,774.56. This trade represents a 46.59% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.72% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of HII. CYBER HORNET ETFs LLC acquired a new stake in Huntington Ingalls Industries during the second quarter worth about $25,000. Rakuten Securities Inc. boosted its holdings in Huntington Ingalls Industries by 140.0% in the 2nd quarter. Rakuten Securities Inc. now owns 108 shares of the aerospace company’s stock valued at $26,000 after purchasing an additional 63 shares during the last quarter. Anchor Investment Management LLC grew its stake in shares of Huntington Ingalls Industries by 400.0% in the 2nd quarter. Anchor Investment Management LLC now owns 125 shares of the aerospace company’s stock valued at $30,000 after buying an additional 100 shares during the period. NBC Securities Inc. increased its holdings in shares of Huntington Ingalls Industries by 87.2% during the 4th quarter. NBC Securities Inc. now owns 88 shares of the aerospace company’s stock worth $30,000 after buying an additional 41 shares during the last quarter. Finally, Versant Capital Management Inc increased its holdings in shares of Huntington Ingalls Industries by 120.0% during the 3rd quarter. Versant Capital Management Inc now owns 110 shares of the aerospace company’s stock worth $32,000 after buying an additional 60 shares during the last quarter. Institutional investors and hedge funds own 90.46% of the company’s stock.

More Huntington Ingalls Industries News

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

• Positive Sentiment: Newport News Shipbuilding completed post‑shakedown availability and redelivered the Virginia‑class submarine USS New Jersey (SSN 796) to the U.S. Navy — a contract execution milestone that supports near‑term revenue recognition and cash flow. HII Redelivers USS New Jersey (SSN 796) from Post-Shakedown Availability at Newport News Shipbuilding
• Positive Sentiment: Ingalls Shipbuilding launched the guided‑missile destroyer George M. Neal (DDG‑131), another visible build milestone that advances delivery timelines and demonstrates progress on large Navy programs. Launch events tend to be positive for investor confidence in backlog conversion. HII’s Ingalls Shipbuilding Launches Guided Missile Destroyer George M. Neal (DDG 131)
• Positive Sentiment: PR/visibility boost: former Sen. Sam Nunn visited Ingalls for an update and tour of the future USS Sam Nunn (DDG‑133), reaffirming political and community ties around high‑profile ship programs. Former Sen. Sam Nunn Visits Ingalls Shipbuilding for Update on His Namesake Destroyer
• Neutral Sentiment: Wells Fargo initiated coverage with an equal‑weight (hold) rating — new coverage can increase investor interest but the neutral stance is unlikely to be a major catalyst. Huntington Ingalls Industries (NYSE:HII) Now Covered by Analysts at Wells Fargo & Company
• Negative Sentiment: Citigroup lowered its price target from $465 to $441 while maintaining a buy rating — the cut trims upside expectations (reported ~11% upside to current levels) and could temper momentum among growth‑oriented investors. Huntington Ingalls Industries (NYSE:HII) Price Target Lowered to $441.00 at Citigroup

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.