Raymond James Financial Services Advisors Boosts Stake in Huntington Ingalls Industries,
July 5, 2023
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The company specializes in the building and maintenance of nuclear and non-nuclear ships, designing and manufacturing fast attack submarines, surface combatants, expeditionary warfare, amphibious ships and support vessels. The company’s business sectors consist of Newport News Shipbuilding and Ingalls Shipbuilding. Its products are mainly used by the United States Navy and Coast Guard. This marks a significant increase in the company’s investment, as it is now the largest institutional shareholder of the firm.
This has been seen as a positive sign by many investors, as it seems to be a vote of confidence in Huntington Ingalls Industries ($NYSE:HII)’ ability to continue to produce high-quality naval vessels and perform reliably for future contracts. Investing in Huntington Ingalls Industries, Inc. could be a strong option for those looking to gain exposure to the defense industry.
Market Price
On Monday, shares of Huntington Ingalls Industries, Inc. (NYSE: HII) opened at $226.0 and closed at $228.8, with a 0.5% increase from the previous closing price of 227.6. With strong fundamentals and a long-term growth outlook, Huntington Ingalls Industries remains a top pick for investors seeking a stable long-term investment. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for HII. More…
| Total Revenues | Net Income | Net Margin |
| 10.77k | 568 | 4.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for HII. More…
| Operations | Investing | Financing |
| 840 | -285 | -567 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for HII. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 10.85k | 7.29k | 89.24 |
Key Ratios Snapshot
Some of the financial key ratios for HII are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 5.9% | -13.5% | 7.5% |
| FCF Margin | ROE | ROA |
| 5.2% | 14.3% | 4.6% |
Analysis
As part of our analysis of HUNTINGTON INGALLS INDUSTRIES wellbeing, we used our proprietary Star Chart methodology to determine the company’s performance. The Star Chart classified HUNTINGTON INGALLS INDUSTRIES as a “rhino” company, which suggests that it has achieved moderate revenue or earnings growth. As such, investors with an eye on stability and moderate returns may find this company of particular interest. Furthermore, our analysis revealed that HUNTINGTON INGALLS INDUSTRIES is strong in dividend, medium in growth, profitability and weak in asset. The company also scored an impressive 8/10 health score with regard to its cashflows and debt, indicating it is well placed to sustain operations in times of crisis. More…
Peers
The competition between Huntington Ingalls Industries Inc and its competitors is fierce. Each company is trying to gain market share and increase profits. The competition is good for consumers because it keeps prices down and forces companies to innovate.
– Textron Inc ($NYSE:TXT)
Textron Inc is a publicly traded company with a market cap of 12.89B as of 2022. The company has a return on equity of 9.94%. Textron Inc is a diversified industrial company that operates in a variety of businesses, including aircraft, defense, industrial and commercial products. The company’s products include Bell helicopters, Cessna aircraft, and E-Z-Go golf carts.
– Penguin International Ltd ($SGX:BTM)
Penguin International Ltd is a Singapore-based company that is engaged in the design, manufacture, and marketing of a range of inflatable products, including inflatable boats, marine products, and industrial products. The company has a market capitalization of 160.72 million as of 2022 and a return on equity of 7.36%. Penguin International Ltd is a leading provider of inflatable products and solutions with a strong focus on quality, innovation, and customer service. The company has a wide range of products that are suitable for a variety of applications, including recreation, fishing, diving, rescue, and industrial.
– Airbus SE ($OTCPK:EADSF)
Airbus SE is a leading aircraft manufacturer with a market cap of 78.35B as of 2022. The company has a strong Return on Equity of 34.09%. Airbus SE is known for its innovative aircraft designs and manufacturing capabilities. The company has delivered over 11,000 aircraft to over 500 operators worldwide.
Summary
Huntington Ingalls Industries, Inc (HUNT) is an attractive investment choice for those looking to gain exposure to the defense and government services industries. Raymond James Financial Services Advisors recently raised its position in HUNT as it believes the stock is undervalued. This is an indication of strong shareholder returns and suggests that the company is doing well financially. Overall, HUNT is an attractive stock for investors looking for long-term capital appreciation and dividend income.
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