Research analysts at Wells Fargo & Company initiated coverage on shares of Huntington Ingalls Industries (NYSE:HII – Get Free Report) in a report released on Wednesday, Marketbeat Ratings reports. The firm set an “equal weight” rating and a $400.00 price target on the aerospace company’s stock. Wells Fargo & Company‘s price target would indicate a potential upside of 0.83% from the company’s current price.
Other equities research analysts have also issued research reports about the stock. Sanford C. Bernstein reissued a “market perform” rating and set a $421.00 target price on shares of Huntington Ingalls Industries in a research note on Wednesday, February 11th. Bank of America raised shares of Huntington Ingalls Industries from an “underperform” rating to a “neutral” rating and upped their price target for the stock from $300.00 to $400.00 in a research note on Thursday, February 12th. Citigroup increased their price objective on Huntington Ingalls Industries from $450.00 to $465.00 and gave the stock a “buy” rating in a report on Tuesday, February 10th. TD Cowen boosted their target price on Huntington Ingalls Industries from $440.00 to $460.00 and gave the company a “buy” rating in a research note on Friday, March 6th. Finally, The Goldman Sachs Group upped their target price on Huntington Ingalls Industries from $384.00 to $425.00 and gave the stock a “buy” rating in a research report on Tuesday, January 20th. Six analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $383.22.
Check Out Our Latest Report on Huntington Ingalls Industries
Huntington Ingalls Industries Stock Up 0.9%
Huntington Ingalls Industries (NYSE:HII – Get Free Report) last announced its quarterly earnings data on Thursday, February 5th. The aerospace company reported $4.04 EPS for the quarter, topping analysts’ consensus estimates of $3.72 by $0.32. Huntington Ingalls Industries had a return on equity of 12.28% and a net margin of 4.85%.The firm had revenue of $3.48 billion during the quarter, compared to analyst estimates of $3.09 billion. During the same period last year, the company posted $3.15 EPS. The business’s quarterly revenue was up 15.7% compared to the same quarter last year. On average, sell-side analysts forecast that Huntington Ingalls Industries will post 13.99 earnings per share for the current fiscal year.
Insider Buying and Selling
In related news, EVP Eric D. Chewning sold 1,700 shares of the company’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $433.44, for a total value of $736,848.00. Following the sale, the executive vice president owned 1,949 shares of the company’s stock, valued at $844,774.56. The trade was a 46.59% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, VP Chad N. Boudreaux sold 4,400 shares of the firm’s stock in a transaction that occurred on Thursday, March 5th. The stock was 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 of the company’s stock, valued at $8,601,082. This trade represents a 17.77% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.72% of the company’s stock.
Hedge Funds Weigh In On Huntington Ingalls Industries
Several institutional investors have recently added to or reduced their stakes in HII. NBC Securities Inc. grew its stake in Huntington Ingalls Industries by 87.2% during the fourth quarter. NBC Securities Inc. now owns 88 shares of the aerospace company’s stock worth $30,000 after buying an additional 41 shares during the last quarter. CYBER HORNET ETFs LLC acquired a new stake in shares of Huntington Ingalls Industries during the second quarter worth approximately $25,000. Rakuten Securities Inc. raised its stake in shares of Huntington Ingalls Industries by 140.0% in the second quarter. Rakuten Securities Inc. now owns 108 shares of the aerospace company’s stock valued at $26,000 after acquiring an additional 63 shares during the last quarter. Versant Capital Management Inc boosted its holdings 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 acquiring an additional 60 shares in the last quarter. Finally, Motiv8 Investments LLC acquired a new position in shares of Huntington Ingalls Industries in the 4th quarter worth approximately $38,000. 90.46% of the stock is owned by institutional investors.
Huntington Ingalls Industries News Roundup
Here are the key news stories impacting Huntington Ingalls Industries this week:
- Positive Sentiment: Operational progress — Ingalls Shipbuilding launched the guided‑missile destroyer USS George M. Neal (DDG‑131), a visible milestone that supports near‑term delivery cadence, backlog conversion and future revenue recognition. HII’s Ingalls Shipbuilding Launches Guided Missile Destroyer George M. Neal (DDG 131)
- Positive Sentiment: Technology/efficiency angle — HII’s new agreement with GrayMatter Robotics on physical‑AI tooling was highlighted by analysts as a potential efficiency and margin improvement driver over time, which investors view as a constructive long‑term catalyst. A Look At Huntington Ingalls (HII) Valuation After New GrayMatter Robotics Physical AI Agreement
- Neutral Sentiment: New analyst coverage — Wells Fargo initiated coverage with an equal‑weight / $400 target (roughly in line with the current price), bringing fresh institutional attention but not a strong directional read on the stock. Wells Fargo initiates coverage of Huntington Ingalls Industries (HII) with equal-weight recommendation
- Neutral Sentiment: Coverage note — Additional outlets report Wells Fargo has HII at equal‑weight / hold, which may temper volatility by setting a baseline view among institutional investors. Huntington Ingalls Industries (NYSE:HII) Now Covered by Analysts at Wells Fargo & Company
- Negative Sentiment: Price‑target revision — Citigroup trimmed its target from $465 to $441 while keeping a buy rating; the lowered target reduces some upside expectations and likely capped stronger gains despite the buy conviction. Huntington Ingalls Industries price target lowered by Citigroup
About Huntington Ingalls Industries
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.
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