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Chad N. Boudreaux, Executive Vice President and Chief Legal Officer at Huntington Ingalls Industries, Inc. (NYSE:HII), a shipbuilding company with an $8.8 billion market cap and currently rated as fairly valued according to InvestingPro analysis, recently reported a sale of company stock valued at approximately $449,873. This transaction, completed on June 3, 2025, involved the sale of 1,965 shares at an average price of $228.9432 per share, slightly above the current trading price of $224.78. Following this sale, Boudreaux holds 21,228.212 shares directly in the company, which has maintained dividend payments for 14 consecutive years and shows a strong 20.7% return over the past six months.
Additionally, Boudreaux executed intra-plan transfers within the company’s savings plans. A transfer involving 1,241.8 shares from the Huntington Ingalls Industries Savings Plan was completed at a price of $227.96 per share, valued at $283,080. Another transfer from the Savings Excess Plan involved 4,015.98 units priced similarly, reflecting a shift to alternative investment options. For deeper insights into HII’s financial health and additional exclusive analysis, including 7+ ProTips, check out the comprehensive research report available on InvestingPro.
In other recent news, Huntington Ingalls Industries reported first-quarter earnings that exceeded expectations, with an earnings per share (EPS) of $3.79, surpassing the consensus forecast of $2.84. However, the company’s revenues for the quarter were slightly below the anticipated $2.80 billion, coming in at $2.73 billion. Despite the revenue shortfall, the company demonstrated strong financial health with an operating margin improvement to 5.9% from 5.5% last year. Additionally, Huntington Ingalls was awarded a $49.7 million contract modification for additional work on the USS John C. Stennis, a project set to be completed by October 2026. Analyst firm Bernstein raised its price target for Huntington Ingalls to $257, highlighting the company’s strong EPS performance and potential for improved margins, particularly in the Newport News division. The firm’s optimism is bolstered by recent awards and increased budgetary support, which have led to an adjusted enterprise value to EBITDA multiple. Meanwhile, the company continues to focus on strategic initiatives, including new product developments and international partnerships, to bolster its competitive position in the defense industry.
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