Huntington Ingalls downgraded by Alembic Global Advisors with a new price target
$HII
Marine Transportation
Industrials
Alembic Global Advisors downgraded Huntington Ingalls from Overweight to Neutral and set a new price target of $210.00
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/1/2024 | $210.00 | Overweight → Neutral | Alembic Global Advisors |
| 11/1/2024 | $180.00 | Buy → Hold | TD Cowen |
| 10/10/2024 | Outperform → Peer Perform | Wolfe Research | |
| 10/10/2024 | $275.00 | Buy → Hold | Vertical Research |
| 9/9/2024 | $280.00 → $285.00 | Overweight → Neutral | JP Morgan |
| 5/20/2024 | $310.00 | Buy | Citigroup |
| 1/5/2024 | $250.00 → $280.00 | Overweight → Equal Weight | Barclays |
| 9/28/2023 | $250.00 → $247.00 | Neutral → Overweight | JP Morgan |
NEWPORT NEWS, Va., Nov. 01, 2024 (GLOBE NEWSWIRE) -- HII (NYSE:HII) hosted United Kingdom defense leaders at the company's Newport News Shipbuilding division Tuesday. Madelaine McTernan, chief of defence nuclear at the Ministry of Defence, led the U.K. delegation. Adm. William Houston, director of the U.S. Naval Nuclear Propulsion Program, accompanied them. "It was an honor to welcome the United Kingdom delegation to the shipyard and share best practices as we strengthen our partnership," NNS President Jennifer Boykin said. "We appreciate every opportunity to demonstrate the pride and commitment our shipbuilders have for building the nuclear-powered vessels our U.S. Navy needs to protect
McLEAN, Va., Oct. 31, 2024 (GLOBE NEWSWIRE) -- HII (NYSE:HII) announced today that its Mission Technologies division was awarded a $3 billion contract to provide strategic-level support to the U.S. Department of Defense (DOD) and its mission partners to enhance joint force capabilities and accelerate the application of solutions. The Logistics Services, ISR Operations and Next-Gen Technology (LOGIX) task order directly aligns with the DOD's Joint All-Domain Command and Control (JADC2) strategy to deliver information and decision advantage to enhance U.S. national security. "HII is committed to delivering exceptional all-domain solutions to facilitate innovation and advancements at the sp
NEWPORT NEWS, Va., Oct. 31, 2024 (GLOBE NEWSWIRE) -- HII (NYSE:HII) today reported results for the third quarter of fiscal 2024 and provided an update on its outlook. Highlights Third quarter revenues were $2.7 billionThird quarter net earnings were $101 million or $2.56 diluted earnings per shareThird quarter free cash flow1 was $136 millionCompany is providing updated fiscal 2024 outlookCompany is withdrawing 5-year free cash flow1 outlook Third Quarter Results Third quarter 2024 revenues of $2.7 billion were down 2.4% from the third quarter of 2023, driven by lower volume at Ingalls Shipbuilding and Newport News Shipbuilding, partially offset by growth at Mission Technologies. Oper
NEWPORT NEWS, Va., July 15, 2024 (GLOBE NEWSWIRE) -- Shipbuilder and all-domain technologies provider HII (NYSE:HII) hosted Rep. Robert C. "Bobby" Scott, D-Va.; Rep. Rob Wittman, R-Va.; and a delegation of Australian parliamentarians at its Newport News Shipbuilding division Friday. The visit was held in support of the trilateral Australia, United Kingdom and United States (AUKUS) partnership. HII continues to bolster AUKUS, which set in motion tasking across all three countries to determine the optimal pathway to provide Australia with conventionally armed, nuclear-powered submarines. The Australian delegation included Milton Dick, speaker of the Australian House of Representatives; Aus
CANBERRA, Australia, June 03, 2024 (GLOBE NEWSWIRE) -- HII's (NYSE:HII) Mission Technologies division announced the appointment of Tim Brown as vice president of operations and Terry Nichols as the managing director for two HII business areas in Australia. Brown and Nichols will work from HII's Canberra office, and both will report directly to Michael Lempke, president of Mission Technologies' Nuclear and Environmental Services business group and the leader of HII's Australia operations working to advance the goals of the Australia-United Kingdom-United States (AUKUS) trilateral partnership on behalf of HII. Brown, as vice president of operations for HII Nuclear Australia Pty Ltd., will
PASCAGOULA, Miss., May 01, 2024 (GLOBE NEWSWIRE) -- HII's (NYSE:HII) Ingalls Shipbuilding division hosted a "signing day" for the 2024 graduates of its Shipbuilder Academy today at the shipyard. This year, 25 talented high school students were offered full-time positions at Ingalls, where they will begin their shipbuilding career following the completion of their education. Through hands-on training, mentorship, and classroom instruction, participants in the Ingalls Shipbuilding Academy (ISA) gain invaluable experience that prepares them with the skills and knowledge needed to excel in a shipbuilding career. "Today is a celebration of the students who have made the decision to de
10-Q - HUNTINGTON INGALLS INDUSTRIES, INC. (0001501585) (Filer)
8-K - HUNTINGTON INGALLS INDUSTRIES, INC. (0001501585) (Filer)
305B2 - HUNTINGTON INGALLS INDUSTRIES, INC. (0001501585) (Filer)
NEWPORT NEWS, Va., Oct. 31, 2024 (GLOBE NEWSWIRE) -- HII (NYSE:HII) today reported results for the third quarter of fiscal 2024 and provided an update on its outlook. Highlights Third quarter revenues were $2.7 billionThird quarter net earnings were $101 million or $2.56 diluted earnings per shareThird quarter free cash flow1 was $136 millionCompany is providing updated fiscal 2024 outlookCompany is withdrawing 5-year free cash flow1 outlook Third Quarter Results Third quarter 2024 revenues of $2.7 billion were down 2.4% from the third quarter of 2023, driven by lower volume at Ingalls Shipbuilding and Newport News Shipbuilding, partially offset by growth at Mission Technologies. Oper
NEWPORT NEWS, Va., Oct. 30, 2024 (GLOBE NEWSWIRE) -- HII (NYSE:HII) announced today that its Board of Directors has declared a quarterly cash dividend of $1.35 per share, a $0.05 increase over the $1.30 per share dividend paid in each of the prior four quarters. The $1.35 per share dividend will be payable on Dec. 13, 2024, to shareholders of record as of the close of business on Nov. 29, 2024. About HII HII is a global, all-domain defense provider. HII's mission is to deliver the world's most powerful ships and all-domain solutions in service of the nation, creating the advantage for our customers to protect peace and freedom around the world. As the nation's largest military shipbuild
NEWPORT NEWS, Va., Oct. 03, 2024 (GLOBE NEWSWIRE) -- HII (NYSE:HII) will release its third quarter 2024 financial results on Thursday, Oct. 31 and host an earnings conference call at 9 a.m. Eastern time the same day. The call will be webcast live on HII's website: https://www.hii.com/. HII participants will include Chris Kastner, president and CEO, and Tom Stiehle, executive vice president and chief financial officer. Their remarks will be supplemented by a series of slides appearing on the company website. Listeners are encouraged to view these materials in conjunction with the call. Replays of the call will be available on the website for a limited time. About HII
4 - HUNTINGTON INGALLS INDUSTRIES, INC. (0001501585) (Issuer)
4 - HUNTINGTON INGALLS INDUSTRIES, INC. (0001501585) (Issuer)
4 - HUNTINGTON INGALLS INDUSTRIES, INC. (0001501585) (Issuer)
Alembic Global Advisors downgraded Huntington Ingalls from Overweight to Neutral and set a new price target of $210.00
TD Cowen downgraded Huntington Ingalls from Buy to Hold and set a new price target of $180.00
Wolfe Research downgraded Huntington Ingalls from Outperform to Peer Perform
SC 13G/A - HUNTINGTON INGALLS INDUSTRIES, INC. (0001501585) (Subject)
SC 13G/A - HUNTINGTON INGALLS INDUSTRIES, INC. (0001501585) (Subject)
SC 13G - HUNTINGTON INGALLS INDUSTRIES, INC. (0001501585) (Subject)
HII's Mission Technologies division was awarded a $65 million task order to perform high-quality, specialized research and analysis for the Joint Staff J7, Deputy Director, Joint Warfighting Development. HII will support research and analysis in three areas. The first will focus on futures and concepts, to include developing a comprehensive view of the future operating environment. The second will focus on joint experimentation, to include informing and facilitating joint war gaming and integrated learning opportunities. The third will focus on wargaming for the Joint Staff J4 Logistics enterprise.
Citigroup analyst Jason Gursky initiates coverage on Huntington Ingalls Indus (NYSE:HII) with a Buy rating and announces Price Target of $310.