Huntington Ingalls Industries, Inc. $HII Shares Bought by Farther Finance Advisors LLC

Farther Finance Advisors LLC raised its holdings in Huntington Ingalls Industries, Inc. (NYSE:HII) by 11.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 572 shares of the aerospace company’s stock after buying an additional 58 shares during the period. Farther Finance Advisors LLC’s holdings in Huntington Ingalls Industries were worth $138,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of HII. Auto Owners Insurance Co raised its stake in Huntington Ingalls Industries by 273.2% in the first quarter. Auto Owners Insurance Co now owns 455,308 shares of the aerospace company’s stock valued at $92,901,000 after buying an additional 333,308 shares in the last quarter. Jacobs Levy Equity Management Inc. raised its stake in Huntington Ingalls Industries by 94.0% in the first quarter. Jacobs Levy Equity Management Inc. now owns 408,305 shares of the aerospace company’s stock valued at $83,311,000 after buying an additional 197,825 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in Huntington Ingalls Industries by 26.0% in the first quarter. Dimensional Fund Advisors LP now owns 728,692 shares of the aerospace company’s stock valued at $148,686,000 after buying an additional 150,204 shares in the last quarter. Diamond Hill Capital Management Inc. grew its holdings in shares of Huntington Ingalls Industries by 27.3% during the first quarter. Diamond Hill Capital Management Inc. now owns 534,737 shares of the aerospace company’s stock worth $109,108,000 after purchasing an additional 114,635 shares during the last quarter. Finally, Vaughan Nelson Investment Management L.P. grew its holdings in shares of Huntington Ingalls Industries by 57.0% during the first quarter. Vaughan Nelson Investment Management L.P. now owns 300,705 shares of the aerospace company’s stock worth $61,356,000 after purchasing an additional 109,185 shares during the last quarter. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Huntington Ingalls Industries Price Performance

Shares of HII opened at $282.10 on Friday. Huntington Ingalls Industries, Inc. has a twelve month low of $158.88 and a twelve month high of $293.14. The stock’s 50 day moving average is $271.14 and its two-hundred day moving average is $242.08. The firm has a market capitalization of $11.07 billion, a PE ratio of 21.12, a P/E/G ratio of 1.64 and a beta of 0.38. The company has a current ratio of 1.08, a quick ratio of 1.00 and a debt-to-equity ratio of 0.55.

Huntington Ingalls Industries (NYSE:HII) last announced its quarterly earnings data on Thursday, July 31st. The aerospace company reported $3.86 earnings per share for the quarter, beating analysts’ consensus estimates of $3.23 by $0.63. Huntington Ingalls Industries had a return on equity of 11.34% and a net margin of 4.54%.The company had revenue of $3.08 billion for the quarter, compared to analyst estimates of $2.94 billion. During the same quarter in the previous year, the company earned $4.38 EPS. The firm’s revenue for the quarter was up 3.5% compared to the same quarter last year. Huntington Ingalls Industries has set its FY 2025 guidance at EPS. Research analysts anticipate that Huntington Ingalls Industries, Inc. will post 13.99 earnings per share for the current year.

Huntington Ingalls Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 12th. Shareholders of record on Friday, August 29th were issued a $1.35 dividend. This represents a $5.40 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend was Friday, August 29th. Huntington Ingalls Industries’s payout ratio is currently 40.42%.

Analyst Upgrades and Downgrades

HII has been the topic of several research reports. Barclays raised their price objective on Huntington Ingalls Industries from $235.00 to $295.00 and gave the stock an “equal weight” rating in a report on Monday, August 4th. Wall Street Zen lowered Huntington Ingalls Industries from a “strong-buy” rating to a “buy” rating in a report on Sunday, September 7th. Zacks Research lowered Huntington Ingalls Industries from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 14th. TD Cowen raised Huntington Ingalls Industries from a “hold” rating to a “buy” rating and raised their price objective for the stock from $250.00 to $300.00 in a report on Thursday, July 10th. Finally, Bank of America raised their price objective on Huntington Ingalls Industries from $180.00 to $260.00 and gave the stock an “underperform” rating in a report on Wednesday, August 13th. Three analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $264.43.

Huntington Ingalls Industries Company Profile

Huntington Ingalls Industries, Inc designs, builds, overhauls, and repairs military ships in the United States. It operates through three segments: Ingalls, Newport News, and Mission Technologies. The company is involved in the design and construction of non-nuclear ships comprising amphibious assault ships; expeditionary warfare ships; surface combatants; and national security cutters for the U.S.