Melius Research Has Bullish Estimate for HII FY2027 Earnings

Huntington Ingalls Industries, Inc. (NYSE:HII) – Melius Research boosted their FY2027 EPS estimates for shares of Huntington Ingalls Industries in a note issued to investors on Thursday, April 2nd. Melius Research analyst S. Mikus now expects that the aerospace company will post earnings of $20.78 per share for the year, up from their prior forecast of $20.74. Melius Research has a “Buy” rating on the stock. The consensus estimate for Huntington Ingalls Industries’ current full-year earnings is $13.99 per share. Melius Research also issued estimates for Huntington Ingalls Industries’ FY2028 earnings at $25.22 EPS.

Huntington Ingalls Industries (NYSE:HII) last announced its quarterly earnings results on Thursday, February 5th. The aerospace company reported $4.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.72 by $0.32. The company had revenue of $3.48 billion for 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%. Huntington Ingalls Industries’s revenue was up 15.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $3.15 EPS.

Other equities analysts have also recently issued research reports about the stock. TD Cowen upped their price target on shares of Huntington Ingalls Industries from $440.00 to $460.00 and gave the stock a “buy” rating in a research note on Friday, March 6th. Wall Street Zen upgraded shares of Huntington Ingalls Industries from a “buy” rating to a “strong-buy” rating in a research note on Saturday, March 21st. Citigroup lowered their target price on shares of Huntington Ingalls Industries from $465.00 to $441.00 and set a “buy” rating on the stock in a research note on Thursday, April 2nd. Wells Fargo & Company started coverage on shares of Huntington Ingalls Industries in a research note on Wednesday, April 1st. They set an “equal weight” rating and a $400.00 target price on the stock. Finally, Bank of America upgraded shares of Huntington Ingalls Industries from an “underperform” rating to a “neutral” rating and upped their target price for the company 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 company. According to data from MarketBeat.com, Huntington Ingalls Industries has a consensus rating of “Moderate Buy” and an average target price of $383.22.

Huntington Ingalls Industries Stock Performance

Shares of Huntington Ingalls Industries stock opened at $401.86 on Wednesday. The stock has a market cap of $15.77 billion, a price-to-earnings ratio of 26.15, a PEG ratio of 1.61 and a beta of 0.36. The firm’s 50-day moving average is $415.12 and its 200 day moving average is $357.73. Huntington Ingalls Industries has a 1 year low of $182.79 and a 1 year high of $460.00. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.13 and a quick ratio of 1.06.

Huntington Ingalls Industries Announces Dividend

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

Insider Buying and Selling at Huntington Ingalls Industries

In other news, VP Chad N. Boudreaux sold 4,400 shares of the stock in a transaction that occurred on Thursday, March 5th. The shares were sold at an average price of $422.45, for a total value of $1,858,780.00. Following the transaction, the vice president owned 20,360 shares in the company, valued at $8,601,082. This represents a 17.77% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Eric D. Chewning sold 1,700 shares of the stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $433.44, for a total transaction of $736,848.00. Following the completion of the transaction, the executive vice president 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 owned by corporate insiders.

Hedge Funds Weigh In On Huntington Ingalls Industries

Institutional investors have recently made changes to their positions in the business. CYBER HORNET ETFs LLC bought a new position in shares of Huntington Ingalls Industries in the 2nd quarter worth approximately $25,000. Rakuten Securities Inc. lifted its stake in shares of Huntington Ingalls Industries by 140.0% in the 2nd quarter. Rakuten Securities Inc. now owns 108 shares of the aerospace company’s stock worth $26,000 after purchasing an additional 63 shares during the period. Anchor Investment Management LLC lifted 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 worth $30,000 after purchasing an additional 100 shares during the period. NBC Securities Inc. lifted its stake in shares of Huntington Ingalls Industries by 87.2% in the 4th quarter. NBC Securities Inc. now owns 88 shares of the aerospace company’s stock worth $30,000 after purchasing an additional 41 shares during the period. Finally, Versant Capital Management Inc lifted its stake in shares of Huntington Ingalls Industries by 120.0% in the 3rd quarter. Versant Capital Management Inc now owns 110 shares of the aerospace company’s stock worth $32,000 after purchasing an additional 60 shares during the period. Institutional investors own 90.46% of the company’s stock.

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.