Vaughan Nelson Investment Management L.P. Has $90.78 Million Stake in Huntington Ingalls Industries, Inc. $HII

Vaughan Nelson Investment Management L.P. lifted its position in Huntington Ingalls Industries, Inc. (NYSE:HII) by 25.0% in the second quarter, HoldingsChannel.com reports. The firm owned 375,950 shares of the aerospace company’s stock after acquiring an additional 75,245 shares during the period. Vaughan Nelson Investment Management L.P.’s holdings in Huntington Ingalls Industries were worth $90,777,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of the company. Auto Owners Insurance Co grew its position in Huntington Ingalls Industries by 273.2% in 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. grew its position in Huntington Ingalls Industries by 94.0% in 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 grew its position in Huntington Ingalls Industries by 26.0% in the first quarter. Dimensional Fund Advisors LP now owns 728,692 shares of the aerospace company’s stock valued at $148,686,000 after acquiring an additional 150,204 shares during the period. Diamond Hill Capital Management Inc. grew its position in Huntington Ingalls Industries by 27.3% in 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 acquiring an additional 114,635 shares during the period. Finally, Hotchkis & Wiley Capital Management LLC grew its position in Huntington Ingalls Industries by 73.5% in 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 acquiring an additional 107,009 shares during the period. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have weighed in on HII shares. Zacks Research cut Huntington Ingalls Industries from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 14th. Wall Street Zen cut Huntington Ingalls Industries from a “strong-buy” rating to a “buy” rating in a research report on Sunday, September 7th. TD Cowen upgraded Huntington Ingalls Industries from a “hold” rating to a “buy” rating and increased their target price for the stock from $250.00 to $300.00 in a report on Thursday, July 10th. Bank of America increased their target price on Huntington Ingalls Industries from $180.00 to $260.00 and gave the stock an “underperform” rating in a report on Wednesday, August 13th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Huntington Ingalls Industries in a report on Saturday, September 27th. Three equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Huntington Ingalls Industries currently has a consensus rating of “Hold” and a consensus target price of $264.43.

Huntington Ingalls Industries Price Performance

Shares of HII stock opened at $284.37 on Friday. The stock’s fifty day moving average is $271.54 and its 200-day moving average is $242.60. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.00 and a current ratio of 1.08. The stock has a market capitalization of $11.16 billion, a PE ratio of 21.29, a PEG ratio of 1.62 and a beta of 0.38. Huntington Ingalls Industries, Inc. has a 52 week low of $158.88 and a 52 week high of $293.14.

Huntington Ingalls Industries (NYSE:HII) last posted 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. The business had revenue of $3.08 billion for the quarter, compared to analysts’ expectations of $2.94 billion. Huntington Ingalls Industries had a return on equity of 11.34% and a net margin of 4.54%.The firm’s quarterly revenue was up 3.5% compared to the same quarter last year. During the same quarter last year, the business earned $4.38 earnings per share. Huntington Ingalls Industries has set its FY 2025 guidance at EPS. Equities research analysts expect that Huntington Ingalls Industries, Inc. will post 13.99 EPS for the current fiscal year.

Huntington Ingalls Industries Announces Dividend

The company also recently declared 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 (DPR) is currently 40.42%.

Huntington Ingalls Industries 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.