Huntington Ingalls Industries (HII)

• Market cap: $7.93B
• 1 day: 0.76%
• 5 days: 6.30%
• 1 month: 4.68%
• 3 months: -22.65%
• 6 months: -24.18%
• Year to date: 7.96%
• 1 year: -20.51%
• 5 years: -27.09%
• 10 years: 76.45%
• 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

13% more first-time investments, than exits

New positions opened: 77 | Existing positions closed: 68

5% more capital invested

Capital invested by funds: $9.18B [Q2] → $9.6B (+$414M) [Q3]

2% more repeat investments, than reductions

Existing positions increased: 226 | Existing positions reduced: 221

0% more funds holding

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

2.27% less ownership

Funds ownership: 94.54% [Q2] → 92.27% (-2.27%) [Q3]

25% less funds holding in top 10

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

Research analyst outlook

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

• Low target: $180 11% downside
• Avg. target: $198 2% downside
• High target: $220 9% upside

6 analyst ratings

• positive: 0 0%
• neutral: 4 67%
• negative: 2 33%

B of A Securities Ronald Epstein 53% 1-year accuracy 16 / 30 met price target	4% downside $195	Underperform Maintained	13 Nov 2024
Barclays David Strauss 61% 1-year accuracy 17 / 28 met price target	9% upside $220	Equal-Weight Maintained	4 Nov 2024
Alembic Global Peter Skibitski 73% 1-year accuracy 8 / 11 met price target	4% upside $210	Neutral Downgraded	1 Nov 2024
Deutsche Bank Scott Deuschle 47% 1-year accuracy 17 / 36 met price target	6% downside $191	Hold Maintained	1 Nov 2024
Goldman Sachs Noah Poponak 67% 1-year accuracy 18 / 27 met price target	4% downside $194	Sell Maintained	1 Nov 2024