Huntington Ingalls Industries (HII)

• Market cap: $7.45B
• 1 day: 1.51%
• 5 days: -0.88%
• 1 month: 0.11%
• 3 months: -28.81%
• 6 months: -23.01%
• Year to date: -26.78%
• 1 year: -24.55%
• 5 years: -25.05%
• 10 years: 66.04%
• Sector: Industrials
• Industry: Ship & Boat Building & Repairing

About: Huntington Ingalls Industries is the largest independent military shipbuilder in the US, spun off of Northrop Grumman in 2011. It operates three segments, two of which are storied shipyards: Ingalls produces non-nuclear-powered ships including amphibious landing ships and Arleigh Burke-class destroyers while Newport News produces nuclear-powered ships as the only producer of Gerald Ford-class aircraft carriers and a major subcontractor on Virginia and Columbia-class nuclear submarines. Huntington Ingalls shares production of destroyers and nuclear submarines with General Dynamics' Bath Iron Works and Electric Boat shipyards, respectively. The company's Mission Technologies segment produces uncrewed sea vessels and provides a range of IT and other services to US government agencies.

Employees: 44,000

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

36% more call options, than puts

Call options by funds: $43.3M | Put options by funds: $31.8M

4% more capital invested

Capital invested by funds: $9.13B [Q2] → $9.52B (+$385M) [Q3]

2% more repeat investments, than reductions

Existing positions increased: 226 | Existing positions reduced: 221

1% more first-time investments, than exits

New positions opened: 77 | Existing positions closed: 76

0% more funds holding

Funds holding: 643 [Q2] → 644 (+1) [Q3]

2.51% less ownership

Funds ownership: 94.01% [Q2] → 91.49% (-2.51%) [Q3]

25% less funds holding in top 10

Funds holding in top 10: 4 [Q2] → 3 (-1) [Q3]

Research analyst outlook

7 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $180 5% downside
• Avg. target: $209 10% upside
• High target: $275 44% upside

7 analyst ratings

• positive: 0 0%
• neutral: 5 71%
• negative: 2 29%

B of A Securities Ronald Epstein 47% 1-year accuracy 14 / 30 met price target	2% upside $195	Underperform Maintained	13 Nov 2024
Barclays David Strauss 54% 1-year accuracy 14 / 26 met price target	16% upside $220	Equal-Weight Maintained	4 Nov 2024
Alembic Global Peter Skibitski 55% 1-year accuracy 6 / 11 met price target	10% upside $210	Neutral Downgraded	1 Nov 2024
Deutsche Bank Scott Deuschle 52% 1-year accuracy 17 / 33 met price target	0% upside $191	Hold Maintained	1 Nov 2024
Goldman Sachs Noah Poponak 61% 1-year accuracy 19 / 31 met price target	2% upside $194	Sell Maintained	1 Nov 2024