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Todd Asset Management LLC Boosts Stake in Huntington Ingalls Industries, Inc. $HII
Todd Asset Management LLC significantly increased its stake in Huntington Ingalls Industries (HII) by 21.2% in the third quarter, now holding 127,329 shares valued at $36.66 million. This boost comes as HII reported strong quarterly earnings, surpassing analyst estimates, and announced a quarterly dividend of $1.38 per share. Despite some insider selling, institutional investors maintain a substantial ownership in the company, with analysts generally assigning a “Hold” rating.