15,310 Shares in Huntington Ingalls Industries, Inc. $HII Purchased by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. purchased a new stake in Huntington Ingalls Industries, Inc. (NYSE:HII – Free Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 15,310 shares of the aerospace company’s stock, valued at approximately $4,089,000.

Several other hedge funds also recently added to or reduced their stakes in the stock. Vise Technologies Inc. boosted its holdings in shares of Huntington Ingalls Industries by 15.8% in the 3rd quarter. Vise Technologies Inc. now owns 3,947 shares of the aerospace company’s stock valued at $1,054,000 after buying an additional 538 shares in the last quarter. Financial Solutions Advisory Group Inc. acquired a new stake in Huntington Ingalls Industries during the 3rd quarter worth $888,000. D.A. Davidson & CO. purchased a new stake in Huntington Ingalls Industries in the third quarter valued at $475,000. North Dakota State Investment Board lifted its position in Huntington Ingalls Industries by 3.5% in the third quarter. North Dakota State Investment Board now owns 1,199 shares of the aerospace company’s stock valued at $320,000 after acquiring an additional 40 shares during the last quarter. Finally, Asset Management One Co. Ltd. lifted its position in Huntington Ingalls Industries by 7.5% in the third quarter. Asset Management One Co. Ltd. now owns 1,795 shares of the aerospace company’s stock valued at $479,000 after acquiring an additional 125 shares during the last quarter. 90.46% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

HII has been the subject of several research analyst reports. TD Cowen decreased their price objective on shares of Huntington Ingalls Industries from $360.00 to $340.00 and set a “buy” rating for the company in a research note on Friday, October 9th. Wall Street Zen upgraded Huntington Ingalls Industries from a “hold” rating to a “buy” rating in a research report on Saturday, October 31st. Wolfe Research raised Huntington Ingalls Industries from a “peer perform” rating to an “outperform” rating and set a $364.00 target price for the company in a report on Friday, July 31st. Sanford C. Bernstein upped their price target on shares of Huntington Ingalls Industries from $304.00 to $352.00 and gave the company a “market perform” rating in a research report on Tuesday. Finally, Citigroup increased their price target on shares of Huntington Ingalls Industries from $349.00 to $379.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $369.50.

Read Our Latest Stock Analysis on HII

Huntington Ingalls Industries News Summary

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.

Huntington Ingalls Industries Stock Performance

Shares of HII stock traded down $0.33 during mid-day trading on Friday, hitting $289.08. The stock had a trading volume of 518,886 shares, compared to its average volume of 587,712. The firm has a market cap of $11.39 billion, a PE ratio of 15.56, a PEG ratio of 1.16 and a beta of 0.17. The company’s 50-day simple moving average is $278.73 and its 200-day simple moving average is $333.24. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.26 and a quick ratio of 1.18. Huntington Ingalls Industries, Inc. has a fifty-two week low of $255.35 and a fifty-two week high of $460.00.

Huntington Ingalls Industries (NYSE:HII – Get Free Report) last announced its quarterly earnings data on Thursday, October 29th. The aerospace company reported $5.48 EPS for the quarter, beating analysts’ consensus estimates of $4.36 by $1.12. The firm had revenue of $3.54 billion during the quarter, compared to the consensus estimate of $3.38 billion. Huntington Ingalls Industries had a net margin of 5.42% and a return on equity of 13.95%. The firm’s revenue was up 10.8% compared to the same quarter last year. During the same quarter last year, the firm earned $3.68 earnings per share. Sell-side analysts anticipate that Huntington Ingalls Industries, Inc. will post 19.24 earnings per share for the current year.

Huntington Ingalls Industries Increases Dividend

The business also recently announced 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 dividend on an annualized basis 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 is currently 29.71%.

Insider Buying and Selling

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 value of $4,246,704.40. Following the completion of the sale, 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.80% of the company’s stock.

About Huntington Ingalls Industries

(Free Report)

Huntington Ingalls Industries, Inc (NYSE:HII) is an American defense company that designs, builds, maintains and modernizes ships for the U.S. Navy and other government customers. Its shipbuilding activities include nuclear-powered aircraft carriers, submarines, amphibious assault ships, destroyers and other surface vessels, along with fleet sustainment and modernization services.

HII operates through its Newport News Shipbuilding and Ingalls Shipbuilding divisions. Newport News Shipbuilding is involved in the construction and maintenance of nuclear-powered aircraft carriers and submarines, while Ingalls Shipbuilding builds surface combatants and amphibious ships.

See Also

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Institutional Ownership by Quarter for Huntington Ingalls Industries (NYSE:HII)

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