What is Zacks Research’s Forecast for HII Q4 Earnings?

Huntington Ingalls Industries, Inc. (NYSE:HII) – Zacks Research cut their Q4 2024 earnings per share estimates for Huntington Ingalls Industries in a research note issued to investors on Tuesday, December 10th. Zacks Research analyst R. Department now anticipates that the aerospace company will post earnings per share of $3.17 for the quarter, down from their prior forecast of $3.73. The consensus estimate for Huntington Ingalls Industries’ current full-year earnings is $14.01 per share. Zacks Research also issued estimates for Huntington Ingalls Industries’ Q1 2025 earnings at $3.18 EPS, Q3 2025 earnings at $3.60 EPS, FY2025 earnings at $14.83 EPS, Q1 2026 earnings at $3.96 EPS and FY2026 earnings at $17.32 EPS.

Huntington Ingalls Industries (NYSE:HII) last issued its quarterly earnings results on Thursday, October 31st. The aerospace company reported $2.56 earnings per share for the quarter, missing the consensus estimate of $3.84 by ($1.28). Huntington Ingalls Industries had a return on equity of 16.89% and a net margin of 5.99%. The business had revenue of $2.75 billion during the quarter, compared to analyst estimates of $2.87 billion. During the same quarter last year, the company posted $3.70 EPS. Huntington Ingalls Industries’s quarterly revenue was down 2.4% compared to the same quarter last year.

HII has been the topic of several other reports. Bank of America dropped their price objective on Huntington Ingalls Industries from $250.00 to $195.00 and set an “underperform” rating on the stock in a report on Wednesday, November 13th. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Huntington Ingalls Industries from $273.00 to $191.00 and set a “hold” rating on the stock in a report on Friday, November 1st. TD Cowen lowered shares of Huntington Ingalls Industries from a “buy” rating to a “hold” rating and set a $180.00 price target on the stock. in a research note on Friday, November 1st. JPMorgan Chase & Co. cut shares of Huntington Ingalls Industries from an “overweight” rating to a “neutral” rating and upped their price objective for the company from $280.00 to $285.00 in a research note on Monday, September 9th. Finally, The Goldman Sachs Group cut their price target on Huntington Ingalls Industries from $226.00 to $194.00 and set a “sell” rating for the company in a report on Friday, November 1st. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $228.89.

Huntington Ingalls Industries Trading Up 0.7 %

HII stock opened at $192.14 on Friday. Huntington Ingalls Industries has a 52-week low of $184.29 and a 52-week high of $299.50. The company has a quick ratio of 0.73, a current ratio of 0.79 and a debt-to-equity ratio of 0.41. The firm has a market cap of $7.52 billion, a P/E ratio of 10.85, a PEG ratio of 1.86 and a beta of 0.55. The company’s 50-day simple moving average is $217.57 and its 200-day simple moving average is $245.32.

Institutional Investors Weigh In On Huntington Ingalls Industries

A number of hedge funds and other institutional investors have recently made changes to their positions in HII. ORG Partners LLC boosted its position in Huntington Ingalls Industries by 484.6% during the 2nd quarter. ORG Partners LLC now owns 152 shares of the aerospace company’s stock worth $38,000 after purchasing an additional 126 shares during the period. Envestnet Portfolio Solutions Inc. increased its position in shares of Huntington Ingalls Industries by 32.9% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 3,031 shares of the aerospace company’s stock worth $747,000 after purchasing an additional 751 shares during the last quarter. Assenagon Asset Management S.A. lifted its position in shares of Huntington Ingalls Industries by 18.0% during the second quarter. Assenagon Asset Management S.A. now owns 2,333 shares of the aerospace company’s stock worth $575,000 after purchasing an additional 356 shares during the last quarter. Blue Trust Inc. grew its stake in Huntington Ingalls Industries by 13.0% in the second quarter. Blue Trust Inc. now owns 2,288 shares of the aerospace company’s stock worth $564,000 after purchasing an additional 263 shares in the last quarter. Finally, Hennion & Walsh Asset Management Inc. increased its holdings in Huntington Ingalls Industries by 43.9% in the second quarter. Hennion & Walsh Asset Management Inc. now owns 2,798 shares of the aerospace company’s stock valued at $689,000 after buying an additional 854 shares during the last quarter. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Insiders Place Their Bets

In other Huntington Ingalls Industries news, VP D R. Wyatt sold 400 shares of the business’s stock in a transaction on Monday, November 11th. The stock was sold at an average price of $205.24, for a total transaction of $82,096.00. Following the sale, the vice president now directly owns 19,627 shares in the company, valued at approximately $4,028,245.48. The trade was a 2.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.72% of the stock is owned by corporate insiders.

Huntington Ingalls Industries Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, November 29th were issued a dividend of $1.35 per share. This represents a $5.40 dividend on an annualized basis and a yield of 2.81%. This is an increase from Huntington Ingalls Industries’s previous quarterly dividend of $1.30. The ex-dividend date was Friday, November 29th. Huntington Ingalls Industries’s payout ratio is 30.49%.

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.