HII Stock Earnings Estimates Decreased by Wolfe Research

Huntington Ingalls Industries, Inc. (NYSE:HII – Free Report) – Research analysts at Wolfe Research lowered their Q4 2026 earnings per share estimates for shares of Huntington Ingalls Industries in a research report issued to clients and investors on Thursday, October 29th. Wolfe Research analyst M. Walton now expects that the aerospace company will post earnings per share of $4.88 for the quarter, down from their prior estimate of $5.23. Wolfe Research has an “Outperform” rating and a $364.00 price objective on the stock. The consensus estimate for Huntington Ingalls Industries’ current full-year earnings is $18.82 per share. Wolfe Research also issued estimates for Huntington Ingalls Industries’ FY2027 earnings at $19.56 EPS, FY2028 earnings at $22.54 EPS and FY2029 earnings at $24.97 EPS.

A number of other equities analysts have also weighed in on the stock. The Goldman Sachs Group reiterated a “conviction-buy” rating and issued a $406.00 price objective on shares of Huntington Ingalls Industries in a research report on Friday, October 30th. Sanford C. Bernstein upped their price objective on shares of Huntington Ingalls Industries from $304.00 to $352.00 and gave the stock a “market perform” rating in a research report on Tuesday. JPMorgan Chase & Co. raised their target price on shares of Huntington Ingalls Industries from $370.00 to $375.00 and gave the stock a “neutral” rating in a research note on Tuesday. Wall Street Zen upgraded shares of Huntington Ingalls Industries from a “hold” rating to a “buy” rating in a research note on Saturday, October 31st. Finally, Citigroup lifted their target price on shares of Huntington Ingalls Industries from $349.00 to $379.00 and gave the company a “buy” rating in a report on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $369.50.

Check Out Our Latest Analysis on HII

Huntington Ingalls Industries Price Performance

Huntington Ingalls Industries stock opened at $289.79 on Friday. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.26 and a quick ratio of 1.18. The business has a 50 day simple moving average of $278.88 and a 200-day simple moving average of $333.88. Huntington Ingalls Industries has a 12 month low of $255.35 and a 12 month high of $460.00. The stock has a market capitalization of $11.42 billion, a PE ratio of 15.60, a price-to-earnings-growth ratio of 1.11 and a beta of 0.17.

Huntington Ingalls Industries (NYSE:HII – Get Free Report) last announced its earnings results on Thursday, October 29th. The aerospace company reported $5.48 earnings per share for the quarter, beating the consensus estimate of $4.36 by $1.12. The company had revenue of $3.54 billion for the quarter, compared to the consensus estimate of $3.38 billion. Huntington Ingalls Industries had a return on equity of 13.95% and a net margin of 5.42%. The company’s revenue was up 10.8% on a year-over-year basis. During the same period last year, the business posted $3.68 EPS.

Institutional Investors Weigh In On Huntington Ingalls Industries

Institutional investors have recently made changes to their positions in the stock. BlackRock Inc. acquired a new stake in Huntington Ingalls Industries during the second quarter worth about $944,877,000. Bank of New York Mellon Corp purchased a new position in shares of Huntington Ingalls Industries in the 2nd quarter worth about $75,094,000. Deutsche Bank AG purchased a new position in shares of Huntington Ingalls Industries in the 2nd quarter worth about $64,769,000. State Street Corp lifted its stake 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 purchasing an additional 227,439 shares in the last quarter. Finally, Diamond Hill Capital Management LLC Investment Advisor acquired a new position in shares of Huntington Ingalls Industries in the 2nd quarter valued at about $55,449,000. 90.46% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Huntington Ingalls Industries

In related news, CEO Christopher Kastner sold 13,070 shares of Huntington Ingalls Industries stock in a transaction that occurred 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 sale, the chief executive officer directly owned 11,224 shares in the company, valued at $3,646,902.08. The trade was a 53.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.80% of the stock is owned by corporate insiders.

Huntington Ingalls Industries Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 11th. Stockholders of record on Friday, November 27th will be issued a $1.41 dividend. The ex-dividend date of this dividend is Friday, November 27th. This represents a $5.64 annualized dividend and a dividend yield of 1.9%. This is an increase from Huntington Ingalls Industries’s previous quarterly dividend of $1.38. Huntington Ingalls Industries’s payout ratio is 29.71%.

Huntington Ingalls Industries Company Profile

(Get 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.

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Earnings History and Estimates for Huntington Ingalls Industries (NYSE:HII)

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