5 Aerospace and Defense Companies Gurus Are Buying

These popular stocks have positions in several gurus' portfolios

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Oct 09, 2017
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According to the GuruFocus All-in-One Screener, the following aerospace and defense companies have positions in gurus' portfolios.

A total of seven gurus have positions in Spirit AeroSystems Holdings Inc. (SPR, Financial).

The commercial aerostructures manufacturer has a market cap of $9.31 billion and an enterprise value of $9.7 billion. Its revenue of $6.8 million grew 7.90% over the past 10 years.

The stock is trading with a price-earnings (P/E) ratio of 28.61. The price of $78.68 is 1.29% below its 52-week high and 74.69% above its 52-week low. Over the past 10 years, it has returned a gain of 113%.

During the second quarter, Barrow, Hanley, Mewhinney & Strauss increased its holding by 1.11% and Ken Fisher (Trades, Portfolio) established a position.

Seven gurus have positions in Hexcel Corp. (HXL, Financial).

The composites manufacturer has a market cap of $5.28 billion and an enterprise value of $6.1 billion. Its revenue of $1.9 million grew 6.70% over the past decade, while earnings per share (EPS) of $2.73 increased 16.70%.

The stock is trading with a P/E ratio of 21.51. The price of $58.86 is 0.57% below its 52-week high and 43.46% above its 52-week low. Over the past decade, it has returned a gain of 152%.

During the second quarter, Tom Gayner (Trades, Portfolio) increased his holding by 96.97%, Robert Karr (Trades, Portfolio) added 85.35% to his positon and Lou Simpson (Trades, Portfolio) boosted his holding by 36.07%.

National Presto Industries Inc. (NPK, Financial) is held by six gurus.Â

The company, which makes kitchen appliances, has a market cap of $747 million and an enterprise value of $608.29 million. Its revenue of $314 million declined 1.20% over the past 10 years, while its EPS of $8.16 fell 0.20%.

The stock is trading with a P/E ratio of 13.15. The price of $107.25 is 6.50% below its 52-week high and 28.40% above its 52-week low. Over the past 10 years, it has returned a gain of 103%.

Michael Price (Trades, Portfolio) reduced his holding by 46.94% and Joel Greenblatt (Trades, Portfolio) curbed his position by 68.15% during the second quarter.

Huntington Ingalls Industries Inc. (HII, Financial) is held by six gurus.

The shipbuilding company has a market cap of $10.63 billion and enterprise value of $11.36 billion.

The stock is trading with a P/E ratio of 19.11. The price of $234.16 is 0.37% below its 52-week high and 59.81% above its 52-week low. Over the past decade, it has returned a gain of 525%.

Greenblatt reduced his positon by 78.66% during the second quarter.

A total of nine gurus have positions in Northrop Grumman Corp. (NOC, Financial).

The global security company has a market cap of $50.95 billion and enterprise value of $55.79 billion. Its revenue of $25.19 million grew 3.9% over the past 10 years.

The stock is trading with a P/E ratio of 22.36. The price of $292.68 is 0.18% below its 52-week high and 38.04% above its 52-week low. Over the past 10 years, it has returned a gain of 309%.

During the second quarter, Greenblatt increased his holding by 844.10%,Jim Simons (Trades, Portfolio) added 25.9% and Murray Stahl (Trades, Portfolio) boosted his positon by 30.54%.Â

Disclosure: I do not own any shares of any stocks mentioned in this article.