Huntington Ingalls Industries, Inc. (NYSE:HII) is among the 7 Best Defense Dividend Stocks to Buy. On December 12, Citigroup initiated coverage on the stock with a Buy rating and announced a price target of $376.
As of the close of business on December 22, Wall Street analysts have a consensus Moderate Buy rating on the stock, with a one-year average share price target of $331.33, representing a downside of 6%.
Huntington Ingalls Industries, Inc. (NYSE:HII) is considered to be a major dividend payer in the defense industry, with the shipbuilder having consistently increased its payout every year since 2013, according to information available on the company’s website. It has a dividend yield of 1.56% as of December 22.
In October, the defense contractor announced to increase its quarterly cash dividend by three cents to $1.38 per share. The amount was paid to shareholders on December 12, 2025.
In other news, on December 19, the company was chosen by the U.S. Navy to design and manufacture a new class of small surface combatant (SSC) ship. The stock market responded positively to the news, with shares surging 5% on Monday to close at $353.52.
Huntington Ingalls Industries, Inc. (NYSE:HII) is an American defense company with expertise in shipbuilding.
While we acknowledge the potential of HII as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 14 Best S&P 500 Stocks to Buy Now and 11 Most Oversold S&P 500 Stocks Heading into 2026
Disclosure: None.
