Empowered Funds LLC Grows Stock Position in Huntington Ingalls Industries, Inc. $HII

Empowered Funds LLC boosted its holdings in Huntington Ingalls Industries, Inc. (NYSE:HII) by 318.6% during the first quarter, HoldingsChannel reports. The fund owned 19,733 shares of the aerospace company’s stock after buying an additional 15,019 shares during the period. Empowered Funds LLC’s holdings in Huntington Ingalls Industries were worth $7,497,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. increased its stake in Huntington Ingalls Industries by 40.1% during the first quarter. Geneos Wealth Management Inc. now owns 206 shares of the aerospace company’s stock worth $42,000 after acquiring an additional 59 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in Huntington Ingalls Industries by 329.4% in the second quarter. EverSource Wealth Advisors LLC now owns 365 shares of the aerospace company’s stock valued at $88,000 after purchasing an additional 280 shares during the period. Marshall Wace LLP lifted its stake in shares of Huntington Ingalls Industries by 432.1% in the 2nd quarter. Marshall Wace LLP now owns 38,144 shares of the aerospace company’s stock valued at $9,210,000 after purchasing an additional 30,975 shares during the last quarter. Cresset Asset Management LLC lifted its stake in shares of Huntington Ingalls Industries by 23.0% in the 2nd quarter. Cresset Asset Management LLC now owns 1,575 shares of the aerospace company’s stock valued at $381,000 after purchasing an additional 294 shares during the last quarter. Finally, Jump Financial LLC purchased a new position in shares of Huntington Ingalls Industries during the 2nd quarter worth $398,000. 90.46% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, VP Edmond E. Jr. Hughes sold 3,500 shares of the stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $319.58, for a total transaction of $1,118,530.00. Following the sale, the vice president owned 8,391 shares of the company’s stock, valued at approximately $2,681,595.78. This represents a 29.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.80% of the company’s stock.

Key Huntington Ingalls Industries News

Here are the key news stories impacting Huntington Ingalls Industries this week:

• Positive Sentiment: Q2 results significantly exceeded expectations. HII reported adjusted earnings of $5.27 per share versus the $3.79 consensus estimate, while revenue rose 10.9% year over year to $3.42 billion, above expectations of $3.15 billion. Huntington Ingalls Industries Q2 earnings report
• Positive Sentiment: Shipbuilding demand and backlog strengthened the outlook. Higher ship volumes supported quarterly growth, while new awards lifted backlog to approximately $57.3 billion. Management also forecast fiscal 2026 revenue of $13.2 billion to $13.6 billion, above the roughly $13.0 billion analyst consensus. HII Q2 earnings surpass estimates
• Positive Sentiment: A major submarine-contract opportunity adds long-term visibility. Newport News Shipbuilding, HII’s division, is expected to play a large role in $76.6 billion of U.S. Navy submarine contracts, reinforcing the company’s strategic importance and future workload. Huntington Ingalls awarded Navy submarine contracts
• Positive Sentiment: Analysts became more constructive. Citigroup raised its price target from $349 to $379 and assigned a “buy” rating, while Wolfe Research upgraded HII to “outperform” with a $364 target. These targets imply additional upside based on the referenced share price.
• Neutral Sentiment: HII declared a quarterly dividend of $1.38 per share, payable September 11 to shareholders of record August 28. The dividend supports shareholder returns but is unlikely to be the primary driver of the current move.
• Negative Sentiment: Some commentary cautioned that operational improvements may not translate into rapid growth, highlighting execution and capacity constraints as risks despite the stronger backlog and contract pipeline. Huntington Ingalls operations and growth analysis

Analyst Ratings Changes

A number of analysts recently issued reports on HII shares. Citigroup raised their price objective on Huntington Ingalls Industries from $349.00 to $379.00 and gave the stock a “buy” rating in a research report on Friday. Wall Street Zen cut shares of Huntington Ingalls Industries from a “buy” rating to a “hold” rating in a research report on Monday, May 18th. Wolfe Research raised shares of Huntington Ingalls Industries from a “peer perform” rating to an “outperform” rating and set a $364.00 target price for the company in a research note on Friday. TD Cowen dropped their price target on shares of Huntington Ingalls Industries from $420.00 to $360.00 and set a “buy” rating for the company in a research report on Monday, July 13th. Finally, Weiss Ratings downgraded shares of Huntington Ingalls Industries from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, May 6th. Five analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $376.22.

Huntington Ingalls Industries Price Performance

HII stock opened at $327.24 on Friday. The company has a current ratio of 1.23, a quick ratio of 1.11 and a debt-to-equity ratio of 0.51. The company has a market capitalization of $12.89 billion, a PE ratio of 19.50, a P/E/G ratio of 1.37 and a beta of 0.25. Huntington Ingalls Industries, Inc. has a 12-month low of $259.00 and a 12-month high of $460.00. The business’s fifty day moving average price is $290.91 and its 200 day moving average price is $359.13.

Huntington Ingalls Industries (NYSE:HII) last posted its earnings results on Thursday, July 30th. The aerospace company reported $5.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.79 by $1.48. Huntington Ingalls Industries had a return on equity of 12.89% and a net margin of 5.01%.The firm had revenue of $3.42 billion for the quarter, compared to analyst estimates of $3.15 billion. During the same quarter in the prior year, the company earned $3.86 EPS. Huntington Ingalls Industries’s revenue was up 10.9% on a year-over-year basis. On average, sell-side analysts anticipate that Huntington Ingalls Industries, Inc. will post 17.31 EPS for the current year.

Huntington Ingalls Industries Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 11th. Shareholders of record on Friday, August 28th will be paid a dividend of $1.38 per share. The ex-dividend date is Friday, August 28th. This represents a $5.52 dividend on an annualized basis and a yield of 1.7%. Huntington Ingalls Industries’s dividend payout ratio is 32.90%.

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.