What is Melius Research’s Forecast for HII FY2027 Earnings?

Huntington Ingalls Industries, Inc. (NYSE:HII) – Melius Research lifted their FY2027 earnings estimates for Huntington Ingalls Industries in a research report issued to clients and investors on Thursday, April 2nd. Melius Research analyst S. Mikus now expects that the aerospace company will earn $20.78 per share for the year, up from their previous 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.

Several other equities research analysts have also commented on HII. TD Cowen raised their price target on shares of Huntington Ingalls Industries from $440.00 to $460.00 and gave the company a “buy” rating in a research note on Friday, March 6th. Bank of America upgraded shares of Huntington Ingalls Industries from an “underperform” rating to a “neutral” rating and raised their price target for the company from $300.00 to $400.00 in a research note on Thursday, February 12th. Wells Fargo & Company assumed coverage on shares of Huntington Ingalls Industries in a research note on Wednesday, April 1st. They issued an “equal weight” rating and a $400.00 price target on the stock. Sanford C. Bernstein restated a “market perform” rating and issued a $421.00 price target on shares of Huntington Ingalls Industries in a research note on Wednesday, February 11th. Finally, Weiss Ratings upgraded shares of Huntington Ingalls Industries from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, March 19th. Six equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $383.22.

Huntington Ingalls Industries Price Performance

HII opened at $411.30 on Wednesday. The firm has a market cap of $16.14 billion, a price-to-earnings ratio of 26.76, a price-to-earnings-growth ratio of 1.61 and a beta of 0.36. Huntington Ingalls Industries has a fifty-two week low of $182.79 and a fifty-two week high of $460.00. The company’s 50-day moving average price is $414.84 and its 200 day moving average price is $358.10. The company has a quick ratio of 1.06, a current ratio of 1.13 and a debt-to-equity ratio of 0.53.

Huntington Ingalls Industries (NYSE:HII) last released its quarterly earnings data on Thursday, February 5th. The aerospace company reported $4.04 earnings per share for the quarter, topping the consensus estimate of $3.72 by $0.32. The firm had revenue of $3.48 billion for the quarter, compared to analyst estimates 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 quarterly revenue was up 15.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $3.15 earnings per share.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in HII. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Huntington Ingalls Industries by 38,526.6% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,986,567 shares of the aerospace company’s stock valued at $675,572,000 after acquiring an additional 1,981,424 shares in the last quarter. AQR Capital Management LLC boosted its holdings in shares of Huntington Ingalls Industries by 85.0% in the fourth quarter. AQR Capital Management LLC now owns 1,085,619 shares of the aerospace company’s stock valued at $369,186,000 after acquiring an additional 498,690 shares in the last quarter. Van ECK Associates Corp boosted its holdings in shares of Huntington Ingalls Industries by 32.1% in the fourth quarter. Van ECK Associates Corp now owns 1,646,733 shares of the aerospace company’s stock valued at $560,004,000 after acquiring an additional 400,428 shares in the last quarter. Maverick Capital Ltd. bought a new position in shares of Huntington Ingalls Industries in the second quarter valued at approximately $93,332,000. Finally, Marshall Wace LLP boosted its holdings in shares of Huntington Ingalls Industries by 588.1% in the fourth quarter. Marshall Wace LLP now owns 351,879 shares of the aerospace company’s stock valued at $119,663,000 after acquiring an additional 300,740 shares in the last quarter. 90.46% of the stock is currently owned by institutional investors.

Insider Activity at Huntington Ingalls Industries

In other news, EVP Eric D. Chewning sold 1,700 shares of the stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $433.44, for a total value of $736,848.00. Following the completion of the transaction, the executive vice president directly owned 1,949 shares in the company, valued at $844,774.56. This trade represents a 46.59% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, 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 transaction of $1,858,780.00. Following the completion of 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 ownership of the stock. The SEC filing for this sale provides additional information. 0.72% of the stock is currently owned by company insiders.

Huntington Ingalls Industries Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Friday, February 27th were paid a $1.38 dividend. The ex-dividend date was Friday, February 27th. This represents a $5.52 annualized dividend and a dividend yield of 1.3%. Huntington Ingalls Industries’s dividend payout ratio (DPR) is presently 35.91%.

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.