Shares of Huntington Ingalls Industries Inc. (NYSE:HII) reached a new 52-week high on Tuesday . The company traded as high as $176.26 and last traded at $173.39, with a volume of 106,174 shares changing hands. The stock had previously closed at $173.86.

HII has been the subject of a number of recent research reports. Stifel Nicolaus downgraded Huntington Ingalls Industries from a “hold” rating to a “sell” rating and set a $135.00 price objective for the company. in a report on Tuesday, May 24th. They noted that the move was a valuation call. Zacks Investment Research upgraded Huntington Ingalls Industries from a “hold” rating to a “buy” rating and set a $154.00 price objective for the company in a report on Tuesday, March 22nd. Goldman Sachs Group Inc. increased their price objective on Huntington Ingalls Industries from $139.00 to $148.00 and gave the company a “neutral” rating in a report on Tuesday, April 12th. Barclays PLC increased their price target on Huntington Ingalls Industries from $125.00 to $135.00 and gave the stock an “underweight” rating in a report on Monday, May 9th. Finally, Deutsche Bank AG reiterated a “buy” rating and set a $190.00 price target (up from $167.00) on shares of Huntington Ingalls Industries in a report on Monday. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the company. Huntington Ingalls Industries has an average rating of “Hold” and a consensus price target of $152.00.

The stock has a 50-day moving average price of $161.28 and a 200-day moving average price of $142.26. The company has a market cap of $8.14 billion and a P/E ratio of 18.343.

Huntington Ingalls Industries (NYSE:HII) last posted its quarterly earnings data on Thursday, May 5th. The company reported $2.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.13 by $0.25. The company had revenue of $1.76 billion for the quarter, compared to the consensus estimate of $1.59 billion. The business’s revenue was up 12.3% on a year-over-year basis. During the same period in the prior year, the firm posted $1.42 earnings per share. Equities analysts forecast that Huntington Ingalls Industries Inc. will post $10.10 earnings per share for the current fiscal year.

In other Huntington Ingalls Industries news, VP D R. Wyatt sold 1,000 shares of the business’s stock in a transaction on Monday, May 9th. The shares were sold at an average price of $154.52, for a total value of $154,520.00. Following the completion of the sale, the vice president now directly owns 21,049 shares of the company’s stock, valued at $3,252,491.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Jerri F. Dickseski sold 750 shares of the business’s stock in a transaction on Friday, July 1st. The stock was sold at an average price of $169.34, for a total transaction of $127,005.00. Following the completion of the sale, the vice president now directly owns 34,670 shares of the company’s stock, valued at $5,871,017.80. The disclosure for this sale can be found here.

Several institutional investors have recently added to or reduced their stakes in HII. Catalyst Capital Advisors LLC purchased a new position in Huntington Ingalls Industries during the fourth quarter worth about $6,049,000. I.G. Investment Management LTD. boosted its position in Huntington Ingalls Industries by 3.1% in the fourth quarter. I.G. Investment Management LTD. now owns 16,354 shares of the company’s stock worth $2,075,000 after buying an additional 492 shares during the last quarter. WBI Investments Inc. purchased a new position in Huntington Ingalls Industries during the fourth quarter worth about $4,562,000. Marshall Wace LLP boosted its position in Huntington Ingalls Industries by 269.8% in the fourth quarter. Marshall Wace LLP now owns 248,574 shares of the company’s stock worth $31,532,000 after buying an additional 181,361 shares during the last quarter. Finally, Liberty Mutual Group Asset Management Inc. boosted its position in Huntington Ingalls Industries by 51.3% in the fourth quarter. Liberty Mutual Group Asset Management Inc. now owns 30,828 shares of the company’s stock worth $3,911,000 after buying an additional 10,458 shares during the last quarter.

Huntington Ingalls Industries, Inc (HII) designs, builds, overhauls and repairs ships for the United States Navy and the United States Coast Guard. The Company is the designer, builder and refueler of nuclear powered aircraft carriers, a builder of amphibious assault and expeditionary warfare ships for the United States Navy and the sole builder of National Security Cutters (NSCs) for the United States Coast Guard.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.