Written byMarketBeat newsAn15. april 2023
Natixis Advisors L.P. reduced its stake in Huntington Ingalls Industries, Inc. (NYSE: THIS–assessment received) up 5.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The company owned 31,483 shares in the airline after selling 1,978 shares during the period. Natixis Advisors L.P. in Huntington Ingalls Industries was worth $7,262,000 at the end of the most recent reporting period.
A number of other large investors have also recently made changes to their positions in HII. Koshinski Asset Management Inc. acquired a new stake in shares of Huntington Ingalls Industries during the third quarter valued at $755,000. Creative Planning boosted its position in Huntington Ingalls Industries by 1.2% in the third quarter. Creative Planning now owns 3,733 shares of the airline’s stock valued at $827,000 after purchasing an additional 46 shares in the last quarter. Naples Global Advisors LLC boosted its position in shares of Huntington Ingalls Industries by 0.9% in the third quarter. Naples Global Advisors LLC now owns 6,563 shares of the aerospace company’s stock valued at $1,454,000 after buying an additional 57 shares in the last quarter. AMG National Trust Bank boosted its position in shares of Huntington Ingalls Industries by 1.2% in the third quarter. AMG National Trust Bank now owns 5,540 shares of the aerospace company’s stock valued at $1,227,000 after purchasing an additional 64 shares in the last quarter. Finally, Kentucky Retirement Systems Insurance Trust Fund boosted its position in shares of Huntington Ingalls Industries by 4.7% in the third quarter. Kentucky Retirement Systems Insurance Trust Fund now owns 1,432 shares of the airline’s stock worth $317,000 after buying an additional 64 shares in the last quarter. 86.63% of the shares are owned by institutional investors.
The Huntington Ingalls Industries share fell 0.7 percent.
shares ofNYSE: THISopened at $209.95 on Friday. The stock's 50-day moving average price is $212.36 and its 200-day moving average price is $224.71. Huntington Ingalls Industries, Inc. has a 12-month low of $194.36 and a 12-month high of $260.02. The stock has a market cap of $8.38 billion, a P/E of 14.53 and a beta of 0.63. The company has a current ratio of 0.95, a quick ratio of 0.89 and a debt ratio of 0.72.
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Huntington Ingalls Industries (NYSE: THIS–assessment received) last released its quarterly earnings data on Thursday, February 9th. The aviation company reported earnings per per share (EPS) of $3.07 for the quarter, missing analysts’ consensus estimates of $3.14 by ($0.07). Huntington Ingalls Industries had a net margin of 5.42% and a return on equity of 18.81%. The company had revenue of $2.81 billion for the quarter, compared to the consensus estimate of $2.70 billion. During the same period last year, the company reported earnings per share of $2.99. The company's quarterly revenue was up 5.0% compared to the same quarter last year. On average, equities analysts expect that Huntington Ingalls Industries, Inc. will report an earnings per share of 14.52 for the current year.
Huntington Ingalls Industries announces dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, March 10th. Shareholders of record on Friday, February 24th were paid a dividend of $1.24 per share. The ex-dividend date for this dividend was Thursday, February 23rd. That equates to an annualized dividend of $4.96 and a yield of 2.36%. Huntington Ingalls Industries' dividend yield (DPR) is currently 34.33%.
Analyst upgrades and downgrades
HII has been the subject of a number of research reports. Credit Suisse Group lowered their target price on Huntington Ingalls Industries to $230.00 from $244.00 and gave the stock a “neutral” rating in a research report on Friday, February 10th.StockNews.combegan coverage on Huntington's Ingalls Industries in a research report on Thursday, March 16th. They give the stock a "buy" rating. Sanford C. Bernstein dropped their target price on Huntington Ingalls Industries to $236.00 from $247.00 and gave the stock a market perform rating in a research report on Monday, February. Finally, TheStreet upgraded Huntington Ingalls Industries from a “c+” rating to a “b-” rating in a research report on Wednesday, March 1st. Two research analysts have assigned a sell rating to the stock, three have assigned a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $245.86.
insider activity
In related news, Director Anastasi D. Kelly sold 3,662 shares of the company’s stock in a transaction on Tuesday, February 21st. The stock was sold at an average price of $222.41, for a total value of $814,465.42. Following the sale, the director now directly owns 351 shares in the company, valued at $78,065.91. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed hereThe SEC website. In related news, Director Anastasi D. Kelly sold 3,662 shares of the company’s stock in a transaction on Tuesday, February 21st. The stock was sold at an average price of $222.41, for a total value of $814,465.42. Following the sale, the director now directly owns 351 shares in the company, valued at $78,065.91. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed hereThe SEC website. Also VPEdgar A. Grün IIIsold 1,717 shares of the company’s stock in a transaction dated Wednesday, March 1st. The stock was sold at an average price of $214.96, for a total value of $369,086.32. Following the completion of the sale, the vice president now directly owns 5,982 shares in the company, valued at $1,285,890.72. Information about this sale can be foundHer. Over the past three months, insiders have sold 6,924 shares of company stock valued at $1,522,231. 2.30% of the shares are currently owned by insiders.
Om Huntington Ingalls Industries
Huntington Ingalls Industries, Inc. engages in shipbuilding. It operates through the following business segments: Ingalls, Newport News and Mission Technologies. The Ingalls segment designs and builds non-nuclear ships, including amphibious assault ships, expeditionary warships, surface combatants and national security cutters (NSC).
Further reading
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Want to see which other hedge funds have HII? Visit HoldingsChannel.comfor recent 13F filings and insider trading for Huntington Ingalls Industries, Inc. (NYSE: THIS–assessment received).
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FAQs
Is Huntington Ingalls a good stock to buy? ›
(NYSE: HII) forecast ROE is 23.9%, which is considered strong. What is HII's Price Target? According to 4 Wall Street analysts that have issued a 1 year HII price target, the average HII price target is $226.50, with the highest HII stock price forecast at $250.00 and the lowest HII stock price forecast at $190.00.
Who owns Huntington Ingalls? ›| Stockholder | Stake | Shares owned |
|---|---|---|
| The Vanguard Group, Inc. | 11.51% | 4,588,926 |
| BlackRock Fund Advisors | 7.40% | 2,947,570 |
| SSgA Funds Management, Inc. | 7.28% | 2,899,797 |
| Capital Research & Management Co.... | 6.03% | 2,403,461 |
...
Huntington Ingalls Industries.
| Type | Public company |
|---|---|
| Traded as | NYSE: HII S&P 500 component |
| Industry | Defense, Shipbuilding, Defense Technologies |
| Predecessor | Northrop Grumman Shipbuilding |
...
Dividend Summary.
| Summary | Previous dividend | Next dividend |
|---|---|---|
| Type | Quarterly | Quarterly |
| Per share | 124c | Sign Up Required |
| Declaration date | 31 Jan 2023 (Tue) | 02 May 2023 (Tue) |
| Ex-div date | 23 Feb 2023 (Thu) | 25 May 2023 (Thu) |
Stock Price Forecast
The 11 analysts offering 12-month price forecasts for Huntington Ingalls Industries Inc have a median target of 241.00, with a high estimate of 300.00 and a low estimate of 179.00. The median estimate represents a +9.15% increase from the last price of 220.79.
Huntington Ingalls Industries | 2022 Fortune 500 | Fortune.
What companies does Huntington Ingalls own? ›About. Huntington Ingalls Industries, Inc. (HII) owns and operates two segments: Ingalls Shipbuilding and Newport News Shipbuilding.
Does Northrop Grumman own Huntington Ingalls? ›Huntington Ingalls Industries, headquartered in Newport News, Virginia, was founded on March 31, 2011 when Northrop Grumman's Shipbuilding Sector was spun off as an independent company.
Where is the biggest shipyard in the US? ›Newport News Shipbuilding, (formerly Northrop Grumman Newport News) is the largest private ship builder in the US and the one best known for its unique capacity to build the Nimitz-class aircraft carriers.
Who are Huntington Ingalls competitors? ›Huntington Ingalls Industries's competitors include Airbus, Boeing, Lockheed Martin, Leonardo.
What is the biggest shipyard in the world? ›
Hyundai Heavy Industries' (HHI) ship manufacturing facility in Ulsan, a South Korean city located on the south-eastern tip of the Korean Peninsula, is the largest shipyard in the world. The shipyard extends over 4km along the coast of Mipo Bay in Ulsan and covers an area of 1,780 acres.
What is the dividend payout for HII stock? ›HII's annual dividend yield is 2.46%. When is Huntington Ingalls Industries ex-dividend date? Huntington Ingalls's previous ex-dividend date was on Feb 22, 2023. Huntington Ingalls shareholders who own HII stock before this date received Huntington Ingalls's last dividend payment of $1.24 per share on Mar 09, 2023.
What is the dividend payout for HBAN? ›Historical dividend payout and yield for Huntington Bancshares (HBAN) since 1992. The current TTM dividend payout for Huntington Bancshares (HBAN) as of March 31, 2023 is $0.62. The current dividend yield for Huntington Bancshares as of March 31, 2023 is 5.57%.
Is Huntington Bank a good dividend stock? ›Huntington Bancshares has delivered an average of 15% per year annual increase in its dividend, based on the past 10 years of dividend payments. We're glad to see dividends rising alongside earnings over a number of years, which may be a sign the company intends to share the growth with shareholders.
What is the target price for Argo a stock? ›| High | $2.00 |
|---|---|
| Median | $1.00 |
| Low | $1.00 |
| Average | $1.33 |
| Current Price | $1.56 |
Stock Price Forecast
The 9 analysts offering 12-month price forecasts for Herc Holdings Inc have a median target of 175.00, with a high estimate of 326.00 and a low estimate of 160.00. The median estimate represents a +65.25% increase from the last price of 105.90.
Next quarter's sales forecast for BHG is $772.48M with a range of $724.69M to $830.10M.
Who is number 1 in the Fortune 500? ›How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. Huntington Ingalls Industries net worth as of March 21, 2023 is $8.1B.
What city has the most Fortune 500 companies? ›New York
New York's metropolitan area hosts the headquarters of more than 50 Fortune 500 companies (higher than any other global city), including American Express, Citigroup, JPMorgan, Pfizer, Thomson Reuters, Time Warner and Verizon Communications. Its metropolitan population stands at about 20 million.
Who bought Ingalls shipyard? ›
Litton Industries acquired Ingalls in 1961, and in 1968, expanded its facilities to the other side of the river. Ingalls reached a high point of employment in 1977, with 27,280 workers. In April 2001, Litton was acquired by the Northrop Grumman Corporation.
How many people does Huntington Ingalls employ? ›Huntington Ingalls Industries has 40,000 employees.
Did Huntington Ingalls buy Alion? ›HUNTINGTON INGALLS INDUSTRIES COMPLETES ACQUISITION OF ALION SCIENCE AND TECHNOLOGY.
Why did Northrop Grumman spin off Huntington Ingalls? ›"We have determined that a spin-off of our shipbuilding business will best serve our shareholders, customers and employees. The separation will enable HII and Northrop Grumman to focus more intently on their respective customers," said Wes Bush, chief executive officer and president.
What company builds US aircraft carriers? ›DESIGN & CONSTRUCTION
Since 1960, the beginning of the nuclear carrier era, HII's Newport News Shipbuilding division has been the sole designer and builder of aircraft carriers for the United States Navy.
HII Names Chris Kastner President & CEO; Mike Petters to Become Executive Vice Chairman of the Board.
Will Huntington Bank stock go up? ›Stock Price Forecast
The 19 analysts offering 12-month price forecasts for Huntington Bancshares Inc have a median target of 13.00, with a high estimate of 17.00 and a low estimate of 11.00. The median estimate represents a +14.94% increase from the last price of 11.31.
Hibbett has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.
How high will HD stock go? ›Stock Price Forecast
The 31 analysts offering 12-month price forecasts for Home Depot Inc have a median target of 340.00, with a high estimate of 400.00 and a low estimate of 248.00. The median estimate represents a +16.37% increase from the last price of 292.18.
Based on analyst ratings, Holley's 12-month average price target is $4.00. Holley has 76.21% upside potential, based on the analysts' average price target.
How stable is Huntington Bank? ›
| The Huntington National Bank (HNB) | Senior Unsecured Notes | Outlook |
|---|---|---|
| DBRS1 | A (high) | Stable |
| Fitch2 | A- | Stable |
| Moody's3 | A3 | Stable |
| S&P4 | A- | Stable |
The deal between Huntington and TCF, first announced in December 2020, officially closed in June and set off the efforts to re-brand TCF as Huntington Bancshares. In June, it was announced that TCF customer accounts would be converted to Huntington's systems in the fourth quarter.
Is Brookfield a buy? ›Zacks' proprietary data indicates that Brookfield Asset Management Ltd. is currently rated as a Zacks Rank 2 and we are expecting an above average return from the BAM shares relative to the market in the next few months.
Is 23 and me stock a buy? ›23andMe Holding's analyst rating consensus is a Moderate Buy. This is based on the ratings of 1 Wall Streets Analysts.
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Who is Home Depot biggest competitor? ›As the world's first and second-largest home improvement retailers, Home Depot and Lowe's share many similarities.
How high has a stock ever gone? ›Berkshire Hathaway holds the title for having the highest stock price—$445,000.
Will Ears stock go up? ›Eargo Inc (NASDAQ:EAR)
The 1 analysts offering 12-month price forecasts for Eargo Inc have a median target of 40.00, with a high estimate of 40.00 and a low estimate of 40.00. The median estimate represents a +743.88% increase from the last price of 4.74.
Holley said supply chain challenges and the ongoing computer chip shortage affected its quarterly results by preventing it from shipping many of its most popular products. That will cause sales to drop 7% to $179.4 million, and adjusted profits will plunge by 31% to $37.2 million.
How do you know if a stock will go up? ›
We want to know if, from the current price levels, a stock will go up or down. The best indicator of this is stock's fair price. When fair price of a stock is below its current price, the stock has good possibility to go up in times to come.