ICICI Prudential Asset Management Co Ltd Decreases Holdings in Huntington Ingalls Industries, Inc. $HII

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ICICI Prudential Asset Management Co Ltd reduced its stake in Huntington Ingalls Industries (NYSE:HII) by 8.8% in Q3, now holding 38,679 shares valued at $11.14 million. Despite the reduction, Huntington Ingalls remains a significant holding for the firm, accounting for 1.2% of its portfolio. The aerospace company recently exceeded earnings expectations, reporting an EPS of $4.04 against an anticipated $3.72, and revenue of $3.48 billion, representing a 15.7% year-over-year increase.

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