Huntington Ingalls Industries (HII) is navigating through a series of challenges and showcasing resilience. Asset managers have shown mixed actions, with Cresset Asset Management LLC, Captrust Financial Advisors, and Quantinno Capital Management LP trimming their stakes, while Point72 Asset Management L.P., Redwood Investment Management LLC, Deutsche Bank AG, and BNP Paribas Financial Markets increased their holdings. In partnership news, HII and HD Hyundai Heavy Industries have signed a Memorandum of Understanding. HII has also hosted Secretary of the Navy at Newport News Shipbuilding and has announced the opening of a new virtual reality welding lab aimed at expanding capacity. The company's first additively manufactured valve manifold has been installed on an aircraft carrier at Newport News Shipbuilding. Despite a slight dip in Q1 2025 revenue, the outlook for 2025 is reaffirmed. However, due to contract delays and supply chain issues, HII slashed its financial outlook for 2024. Acquisitions have also played a pivotal role in the company's growth, with the recent purchase of South Carolina Advanced Metal Fabricator's assets and workforce through HII's Asset Acquisition. Analysts have highlighted Huntington Ingalls as a top-performing stock under Trump's Presidency.
Huntington Ingalls Industries HII News Analytics from Thu, 01 Aug 2024 07:00:00 GMT to Sat, 24 May 2025 10:54:06 GMT -
Rating 5
- Innovation 3
- Information 8
- Rumor -4
