Vanguard Personalized Indexing Management LLC Purchases 702 Shares of Huntington Ingalls Industries, Inc. $HII

by · The Cerbat Gem

Vanguard Personalized Indexing Management LLC raised its position in shares of Huntington Ingalls Industries, Inc. (NYSE:HII – Free Report) by 14.6% in the second quarter, Holdings Channel reports. The fund owned 5,504 shares of the aerospace company’s stock after buying an additional 702 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Huntington Ingalls Industries were worth $1,330,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of HII. Auto Owners Insurance Co boosted its holdings in Huntington Ingalls Industries by 273.2% during the first quarter. Auto Owners Insurance Co now owns 455,308 shares of the aerospace company’s stock valued at $92,901,000 after acquiring an additional 333,308 shares during the period. Jacobs Levy Equity Management Inc. boosted its holdings in Huntington Ingalls Industries by 94.0% during 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 acquiring an additional 197,825 shares during the period. Dimensional Fund Advisors LP raised its position in shares of Huntington Ingalls Industries by 26.0% during 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 during the last quarter. Diamond Hill Capital Management Inc. raised its position 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 valued at $109,108,000 after buying an additional 114,635 shares during the last quarter. Finally, Hotchkis & Wiley Capital Management LLC raised its position in shares of Huntington Ingalls Industries by 73.5% during the first quarter. Hotchkis & Wiley Capital Management LLC now owns 252,639 shares of the aerospace company’s stock valued at $51,548,000 after buying an additional 107,009 shares during the last quarter. 90.46% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

HII has been the subject of a number of research analyst reports. Wall Street Zen lowered shares of Huntington Ingalls Industries from a “strong-buy” rating to a “buy” rating in a research report on Sunday, September 7th. Weiss Ratings reissued a “hold (c)” rating on shares of Huntington Ingalls Industries in a research report on Wednesday, October 8th. TD Cowen raised shares of Huntington Ingalls Industries from a “hold” rating to a “buy” rating and increased their price target for the stock from $250.00 to $300.00 in a research report on Thursday, July 10th. Zacks Research lowered shares of Huntington Ingalls Industries from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 14th. Finally, Barclays raised their price objective on shares of Huntington Ingalls Industries from $235.00 to $295.00 and gave the stock an “equal weight” rating in a report on Monday, August 4th. Three research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $262.67.

View Our Latest Research Report on HII

Huntington Ingalls Industries Trading Down 1.0%

Shares of NYSE:HII opened at $279.91 on Friday. Huntington Ingalls Industries, Inc. has a 12 month low of $158.88 and a 12 month high of $296.03. The company has a quick ratio of 1.00, a current ratio of 1.08 and a debt-to-equity ratio of 0.55. The company’s fifty day simple moving average is $275.50 and its 200 day simple moving average is $248.26. The firm has a market cap of $10.98 billion, a price-to-earnings ratio of 20.95, a PEG ratio of 1.62 and a beta of 0.38.

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

Huntington Ingalls Industries Dividend Announcement

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

About Huntington Ingalls Industries

(Free Report)

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.

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