TD Asset Management Inc Has $1.74 Million Holdings in Huntington Ingalls Industries, Inc. $HII

TD Asset Management Inc boosted its stake in Huntington Ingalls Industries, Inc. (NYSE:HII) by 4.5% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,211 shares of the aerospace company’s stock after purchasing an additional 311 shares during the quarter. TD Asset Management Inc’s holdings in Huntington Ingalls Industries were worth $1,741,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Earnest Partners LLC raised its stake in Huntington Ingalls Industries by 7.5% in the first quarter. Earnest Partners LLC now owns 894,155 shares of the aerospace company’s stock valued at $182,443,000 after purchasing an additional 62,190 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in 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 worth $148,686,000 after acquiring an additional 150,204 shares in the last quarter. Diamond Hill Capital Management Inc. raised its stake in 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 acquiring an additional 114,635 shares in the last quarter. Auto Owners Insurance Co raised its stake 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 worth $92,901,000 after acquiring an additional 333,308 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. raised its stake 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 worth $83,311,000 after acquiring an additional 197,825 shares in the last quarter. Institutional investors and hedge funds own 90.46% of the company’s stock.

Analyst Upgrades and Downgrades

HII has been the subject of several research analyst reports. Barclays boosted their target price on Huntington Ingalls Industries from $235.00 to $295.00 and gave the stock an “equal weight” rating in a research note on Monday, August 4th. Bank of America boosted their target price on Huntington Ingalls Industries from $180.00 to $260.00 and gave the stock an “underperform” rating in a research note on Wednesday, August 13th. Wall Street Zen downgraded Huntington Ingalls Industries from a “strong-buy” rating to a “buy” rating in a research note on Sunday, September 7th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Huntington Ingalls Industries in a research note on Wednesday, October 8th. Finally, TD Cowen raised Huntington Ingalls Industries from a “hold” rating to a “buy” rating and upped their price objective for the company from $250.00 to $300.00 in a research note on Thursday, July 10th. Three 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. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $262.67.

Huntington Ingalls Industries Stock Performance

Huntington Ingalls Industries stock opened at $287.85 on Wednesday. The business has a 50 day moving average of $276.28 and a 200-day moving average of $249.88. Huntington Ingalls Industries, Inc. has a 1 year low of $158.88 and a 1 year high of $296.03. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.08 and a quick ratio of 1.00. The company has a market capitalization of $11.30 billion, a P/E ratio of 21.55, a P/E/G ratio of 1.64 and a beta of 0.38.

Huntington Ingalls Industries (NYSE:HII) last announced its earnings results on Thursday, July 31st. The aerospace company reported $3.86 EPS for the quarter, beating the consensus estimate 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 business had revenue of $3.08 billion for the quarter, compared to analysts’ expectations of $2.94 billion. During the same period in the prior year, the business posted $4.38 earnings per share. The firm’s revenue was up 3.5% on a year-over-year basis. Huntington Ingalls Industries has set its FY 2025 guidance at EPS. On average, equities research analysts predict that Huntington Ingalls Industries, Inc. will post 13.99 earnings per share for the current year.

Huntington Ingalls Industries Announces Dividend

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

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.